This is exactly how $OPEN makes and will make serious money.

We are so early.

Yeah, we are. The only thing we can do now is to wait and maybe add to our positions until this thing starts to scale.

Full interview

Also eventually ads business for home furniture, supplies once it becomes the default platform for homeowners @nejatian

#BULLISH

Actually very smart this is an interesting way to think about it, basically saying the non-essentials are so beneficial that people “want” to spend money instead of “have to” spend and this is core to having a “marketplace” design.

All those things he mentions and main areas of income are extremely competitive. Borrowers are allowed to choose their own in every one of those areas and no legal way to control it . He should know this

I listened to the whole interview. I thought this was the best part. I also like how he removed the previous career page topic of Opendoor being a "happy" place to work. He wants it to be a "hard" place to work. He will attract smart, productive people who are seeking a challenge not comfort.

So it’s a real estate market place that derives revenue from services as opposed to transaction fees (sorta). Makes sense - just have to grow the market place and if you can make it faster and cheaper who wouldn’t want to use that

This will be nuts inside a year