Opendoor Raises $210M to Buy and Sell Even More Homesfortune.com 10 pointstrevorcreech9 years ago3 commentsSaveHideCopy link On HNComments−stolk9y"Opendoor charges the seller a fee that is 2% to 4% higher than a traditional real estate broker."I guess they meant to write: "2 to 4 percentage POINTS higher." Which makes then ridiculously expensive.−audleman9yThey charge a fee 2-4% higher than a real estate broker? I understand that is typically 6%, so do these guys charge 8-10%? What's the motivation to sell my home to these guys?−realsimoburns9yWoah - well done guys!
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"Opendoor charges the seller a fee that is 2% to 4% higher than a traditional real estate broker."
I guess they meant to write: "2 to 4 percentage POINTS higher." Which makes then ridiculously expensive.
They charge a fee 2-4% higher than a real estate broker? I understand that is typically 6%, so do these guys charge 8-10%? What's the motivation to sell my home to these guys?
Woah - well done guys!