HousingFeb 7, 2022
GoogleRobinHouse

Robinhood + Opendoor

Sometimes I wish I live in a world that takes the best parts of Robinhood and Opendoor. A real estate brokerage that disables buying action. Nobody outbids me ever again

Uber organizad Feb 7, 2022

😂

PayPal notwithpp Feb 7, 2022

Commission free buying/selling RE and fractional ownership of RE is already in the cards.

Google RobinHouse OP Feb 7, 2022

I am cool with commission. My problem is why the f my 15% over asking was outbid? In Sunnyvale btw

PayPal notwithpp Feb 7, 2022

You won’t be cool with commission when you are on the selling side someday.

OpenDoor WHcw40 Feb 7, 2022

Will bring up to our PMs

Google RobinHouse OP Feb 7, 2022

People brought up no commission in another comment. Please also convey that to your pm.

OpenDoor WHcw40 Feb 8, 2022

Opendoor already gives you a 1% rebate on the buyer side if you buy with OD (so if you buy a 1MM house as a buyer you actually pay only 990K, and usually with additional discounts if you use OD title and financing). Seller side, not sure how we would offer a 0% fee and still have positive margins given how tight our margins already are.