Is Opendoor paying sellers too much in Southern California?! The same Zillow Offers mistake…

In doing research into Zillow teaming up with Opendoor (now that Zillow Offers is dead), we discovered an interesting trend in the sales for the ibuyer, Opendoor. Is Opendoor making the same mistakes that Zillow Offers made before it was shut down? Is Opendoor paying too much to sellers for homes in Southern California? We run through the homes that Opendoor owns in Southern California, the sales that Opendoor had in the past few quarters, plus some specific examples that compare the Opendoor acquisition price to the Opendoor sale price!

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This is not meant to be a solicitation of a property currently under contract. This is not meant to be legal or tax advice, please consult with the appropriate professional. We are licensed to sell real estate in California (if you need help elsewhere, we can help find a good broker, let us know), CalRE # 01804983. Coldwell Banker Realty Owned by a subsidiary of Realogy Brokerage Group LLC. CalRE # 00616212.

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