Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt
by vrykoul on Tuesday November 02, 2021 @02:32PM
(#29085491)
Not op, but a house in my neighborhood was sold to OpenDoor for $397k. It sat unsold for 3 months in an area where other homes are sold over asking on the day that they're listed. They finally have it under contract for $386k for a net loss of $11k.
You can see the transaction history here:
https://www.zillow.com/homedetails/125-Mays-Blf-Fayetteville...
Add in whatever fees go along with the sale, and they're out a fair bit more than that.