Categories: Good To KnowPublished On: May 3rd, 2024

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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 for profitability “across seasons and market environments.” On an earnings call yesterday, Opendoor CEO…

The post Opendoor Predicts Falling Commissions, Hopes to Benefit From Settlement appeared first on RISMedia.

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