Opendoor
Watauga, a suburb of Fort Worth, is hot. How hot? On average, homes in Watauga sell in 15 days — in fact, Realtor.com recently said that’s three percent faster than last year, and about 50 percent faster than homes in the rest of the country. So for our inaugural Suburb Sunday, we decided to take…
Read More
Opendoor, Open Listings, open sesame to way more disruption in the real estate world. You know about the fast growing, fast-expanding home selling and buying company Opendoor. Launched in the Bay area in 2014, with Dallas as its second focus group city, OpenDoor has raised $645 million in equity financing, has $1.75 billion in debt,…
Read More
And it’s really, really hysterical. Like the voyeuristic lady who rummages through the owner’s closet, touching her dresses. Eww. Yeah, we know Opendoor is the disruptor direct home buyer who everyone’s talking about and shuddering. And this is NOT DOOR, the Dallas discount brokerage. Opendoor employs Realtors, partners with Realtors, and is one of the…
Read More
Take-away: Opendoor is a tech company with artificial intelligence hard at work behind the scenes, so they are learning in real time from every bit of data input, every listing, every sale A presentation by Dallas Opendoor was one of the most anticipated presentations at last weeks’ annual RAC (Relocation Appraisers & Consultants) industry conference at…
Read More
You know what we are talking about: new companies (called “Platforms”) like Opendoor and now OfferPad (co-founded by a former top producing realtor!) are being embraced by Wall Street as a way to “drive Americans to move more frequently, resulting in more home sales.” Stimulating interest in real estate. Glory be, sounds like the pre-crash days. Inman’s…
Read More
