Just received the Cash Now More Later proceeds and I’m honestly very surprised and disappointed. I know the initial numbers were just estimates and nothing was guaranteed but it came in much lower than I ever anticipated. The current macro environment also doesn’t help but it still came in way below expectations. A whopping $200.19 or ~1% of the initial Opendoor estimate of $17,200.27. I completely understand that Opendoor has an incentive to move properties in each of their cohorts as quickly as possible, and that’s evident by the concessions provided in the transaction summary. Since @Opendoor has already made their fee on the initial transaction, it’s in their best interest to provide any concessions necessary to facilitate the sale as quickly as possible, even at the sellers expense on the Cash Later proceeds. Opendoor benefits from the transaction volume and gets the new buyer into their ecosystem in which they can provide additional services generating further revenue. I’m still bullish on the company as a whole but I definitely have a bad taste in my mouth after seeing the minuscule payout compared to the initial estimate. I would’ve thought twice about listing with Opendoor if I knew I’d be leaving that much money on the table, but they led me to believe I’d receive a decent portion on the backend. You live and you learn. Now I know what to expect when we receive the proceeds for our second property with Opendoor.

Fucking clown I remember you said it was hitting $82 before Christmas last year and now that the stock is a dumpster fire you say two years from now hahahahahahhahahahahahaha clown show

Patrick Weiland was ok up until “At least they’re not African”. It shows he has a predisposition towards Africans. Racist? NO!. Prejudiced & ignorant as fuck YES!!! . I’m not picking sides where 3 white males, are pointing at & calling each other racist.🙄

Except for the 747ps you told members to average into, hold confidently, then they went to 0 and failed to include that in your bullshit updates. 🙂

Mom is on the $OPEN 🚂 selling my grandmothers house on there. Will update.