Mr Never Sell
@MrNeverSell • 1,344 subscribers
Stockpicker (ex-professional daytrader) for 17+ years. I buy great companies and hold forever. Dividends + Offgrid lifestyle. No financial advice.
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This is by far my favourite minute of the $OPEN house. For anyone who doesn't understand what $OPEN wants to do, the CEO gives you a tell right here. This is happening in real time right now. This man is a genius. Basically $OPEN wants to own everything when it comes to buying and selling a home, the whole chain. As he says in the clip: "The buying, the selling, the mortgage and the insurance." So they can offer a seller a price he or she can't refuse (given perks like speed, certainty, and other soft attributes a traditional broker just cannot guarantee). They can offer the buyer a fair price, with the same perks. Speed, simplicity, certainty. Their AI mortgage gives the buyer the best price on the market and hooks the buyer for life. And then insurance on top of that. And there you go! A loyal and happy customer for life. As Kaz explains further. The easier this process becomes, the easier it is to move, more demand will be created. Thus more customers. And the loop continues. Now tell me, what company can compete with $OPEN when this is done? (and it is happening right now). Just the moat of $OPEN will be worth an insane amount of money.
Mr Never Sell15,672 Aufrufe • vor 2 Monaten
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