How Sustainable is the iBuying Business?

, How Sustainable is the iBuying Business?, TheCircularEconomy.com

When George Schneider decided to sell his home this spring, Opendoor made him an offer he couldn’t refuse.  Schneider had paid $76,750 for his three-bedroom stucco house in the Phoenix suburbs a decade earlier. Opendoor, the iBuying startup backed by SoftBank and Lennar, was willing to pay him $225,000, all-cash.

Source: therealdeal.com

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