Opendoor Q3 Report: Losses Lessened, but 17% of Workforce Terminated
In a third quarter earnings report November 7, Opendoor Technologies Inc., an e-commerce platform for residential real estate transactions, reported that losses in the quarter ($78 million) were at least 14% less than the second quarter and 26% less than a year ago....
Real Estate’s Q2 Earnings Point to Continued Changes Ahead
When the market is in flux, and there’s a focus on regulatory changes on the horizon, it can be difficult to maintain an accurate representation of business performance. It’s something that leading brokerages have had to face, weighing the impact of a difficult market...
Opendoor CEO Says Commissions Already Falling Ahead of Settlement Changes
Yesterday, Opendoor, the largest and oldest iBuyer, announced its financial results for the second quarter of 2024, also addressing recent settlements and the impacts on buyer agents and sellers. In the wake of recent settlements, investors asked Opendoor CEO Carrie...
Opendoor Predicts Falling Commissions, Hopes to Benefit From Settlement
Opendoor, the largest and oldest iBuyer, is still struggling to adjust its business model to a more restrictive, sluggish market but is carefully watching the recent National Association of REALTORS’® (NAR) settlement as the company ramps up home purchases and looks...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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