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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
By SiliconValleyLivingOpenDoor’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