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A comment on Opendoor, a startup worth emulating. Parent comment

Re:Opendoor, a startup worth emulating by pbreit on Tuesday December 13, 2016 @07:54AM (#13166409)
Why would you say "lose 6-12%"? The first 6 is normal real estate fee. Above that it's a normal arbitrage of house flipping (buyer thinks can spiff it up and sell it for more a short time later).
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Re:Opendoor, a startup worth emulating by brianwawok on Tuesday December 13, 2016 @10:19AM (#13167367)
Not everyone pays 6, You can get 5 or lower depending on your market.
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Re:Opendoor, a startup worth emulating by jdross on Tuesday December 13, 2016 @12:29PM (#13168607)
Nat'l avg is 5.5% and trending up. In most tier 2 markets, the vast majority pay 6%.
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Re:Opendoor, a startup worth emulating by brianwawok on Tuesday December 13, 2016 @03:58PM (#13170928)
Redfin is 4.5 for example

https://www.redfin.com/sell-a-home/how-you-save

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Re:Opendoor, a startup worth emulating by CN7R on Tuesday December 13, 2016 @06:37PM (#13172354)
Yeah, 6% for a normal real estate fee is still high IMO.
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