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You're missing the point... they did all that while promising "you’d make more money selling it to them than you would on the open market". That's the issue.
by fny 4y ago
You're missing the point... they did all that while promising "you’d make more money selling it to them than you would on the open market".
That's the issue.
- revnode 4y agoHe's not missing the point, he's outright saying that statement is true because of the reasons he gave?
- TuringNYC 4y ago>>promising "you’d make more money selling it to them than you would on the open market". If they were literally "promising" more money, that would be a big issue. When I saw Opendoor, it seemed to essentially be a Market Order for home selling. The promise was immediacy and the trade-off was lower-price. However, the immediacy also carried savings w/r/t not having to carry the property costs. So it could actually end up being a better deal to sell immediately depending on carry costs. I was just sad to see such a thin letter lacking details.