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A comment on FTC takes action to stop Opendoor from cheating potential sellers. Parent comment

Re:FTC takes action to stop Opendoor from cheating potential... by mbesto on Monday August 01, 2022 @04:25PM (#32311592)
> iBuying is a business and your paying for the convenience of them taking your home as-is

If that was the case then OpenDoor wouldn't have "asked sellers to pay for home repair costs that were higher than what people would typically spend on repairs in a market sale".

That's not my definition of "as-is", is it yours?

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Re:FTC takes action to stop Opendoor from cheating potential... by gregman on Monday August 01, 2022 @04:54PM (#32311909)
Well no, but I'm curious what the FTC's studies of that were. There are plenty of reviews of OpenDoor (check Reddit) where reviewers stated they just needed to clean out their house. I'm guessing OpenDoor has a certain standard for agreeing to buy a home, and some homes they ask to do repairs would otherwise have been turned away.
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Re:FTC takes action to stop Opendoor from cheating potential... by TuringNYC on Monday August 01, 2022 @06:24PM (#32312876)
>> I'm guessing OpenDoor has a certain standard for agreeing to buy a home, and some homes they ask to do repairs would otherwise have been turned away.

This seems fair to me, there is no guarantee that when selling a home on the market, buyers wont similarly ask for repairs or dollar concessions for repairs.

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Re:FTC takes action to stop Opendoor from cheating potential... by jen20 on Monday August 01, 2022 @07:16PM (#32313346)
Given that two different houses owned by OpenDoor that I looked at smelled of cat pee, I'm not really sure what standards they had.
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