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FTA: “If the company were to sell all of its Phoenix homes right now at their list prices, it would lose $6.3 million dollars.” Over 224 homes, we’re not exac
by djrogers 5y ago
FTA:
“If the company were to sell all of its Phoenix homes right now at their list prices, it would lose $6.3 million dollars.”
Over 224 homes, we’re not exactly talking about a huge loss here. Sure, profit is better than loss, but 6mil to learn some lessons in building out a new division in a company isn’t all that bad in the grand scheme of things.
- refulgentis 5y agoI don't think people are worried about the corporation's loss, much the opposite, they're worried that its a big fish that creates inflated pricing, ex. given the data you shared, it overshot $30,000/house.
- rasz 5y ago$30,000 is less than what they charge per transactions, meaning they made money, and are playing musical chairs with numbers.