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Opendoor Raises $210M to Buy and Sell Even More Homes

fortune.com

10 points by trevorcreech · 3 comments

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3 threads
stolk

"Opendoor charges the seller a fee that is 2% to 4% higher than a traditional real estate broker."

I guess they meant to write: "2 to 4 percentage POINTS higher." Which makes then ridiculously expensive.

audleman

They charge a fee 2-4% higher than a real estate broker? I understand that is typically 6%, so do these guys charge 8-10%? What's the motivation to sell my home to these guys?

realsimoburns

Woah - well done guys!

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