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Re:FTC takes action to stop Opendoor from cheating potential... by fny on Monday August 01, 2022 @04:20PM (#32311531)
You're missing the point... they did all that while promising "you’d make more money selling it to them than you would on the open market".

That's the issue.

Re:FTC takes action to stop Opendoor from cheating potential... by revnode on Monday August 01, 2022 @04:22PM (#32311564)
He's not missing the point, he's outright saying that statement is true because of the reasons he gave?
Re:FTC takes action to stop Opendoor from cheating potential... by TuringNYC on Monday August 01, 2022 @06:28PM (#32312915)
>>promising "you’d make more money selling it to them than you would on the open market".

If they were literally "promising" more money, that would be a big issue. When I saw Opendoor, it seemed to essentially be a Market Order for home selling. The promise was immediacy and the trade-off was lower-price. However, the immediacy also carried savings w/r/t not having to carry the property costs. So it could actually end up being a better deal to sell immediately depending on carry costs. I was just sad to see such a thin letter lacking details.