Silicon Valley Living

Opendoor posts nearly $1B loss, Santa Clara County High's and Low's


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OpenDoor’s $1.1B Loss, Why MLS Beats Investors, and Santa Clara County Highs & Lows

The episode criticizes OpenDoor and investor/wholesaler offers for taking homeowner equity, citing OpenDoor’s adjusted Q4 EPS down 7 cents and a widened net loss of about 896% to $1.1B as home sales dropped to 4,442 units. The host argues homeowners should list on the MLS to seek fair market value rather than accept 50–60 cents on the dollar, and emphasizes preparing a home for sale by cleaning, emptying, removing odors, and presenting it well. 

Opendoor posts nearly $1B loss

PROBATE AND ESTATE SALES

How your Home will be Marketed

Los Gatos Home of the Week

Santa Clara County Price Reductions

FREE HOME BUYER CHECKLIST HERE https://abitanogroup.com/Homebuyerchecklist

Home Inspection CHECKLIST HERE https://abitanogroup.com/homeinspectionchecklist 

00:00 OpenDoor vs Homeowners

00:24 Why Investors Undervalue Homes

00:58 OpenDoor Losses Explained

01:48 Sell Smart in Probate

02:17 Marketing Your Listing

03:10 Los Gatos Home of Week

04:03 Weekly Highs and Lows

05:22 Pricing to Attract Offers

07:10 Market Stats and Wrap Up


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Silicon Valley LivingBy SiliconValleyLiving