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House flipping startup called open door wtf


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2018 Jun 13, 12:05pm   8,769 views  52 comments

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49   RWSGFY   2022 Dec 27, 10:47am  

Will be renamed Closed Door soon.
50   zzyzzx   2023 Mar 10, 11:23am  

https://www.fool.com/investing/2023/03/05/the-real-estate-market-has-officially-closed-on-op/

it seems Opendoor is actually quite bad at home flipping. For example, in August of 2022 it is estimated that the company lost money on 42% of its transactions.

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