Why Opendoor’s Selling Homes at a Loss | The Real Word Episode 240

Byron Lazine and Nicole White sit down to discuss Opendoor selling at a loss, Zillow lawsuits, the next Fed meeting, and inflation’s impact on the midterm elections. PropStream is the leading real estate data and analytics platform, no matter what your real estate goals are. Get more listings, close more deals with PropStream. Try PropStream now: https://bit.ly/PropStream-BAM Subscribe to this channel: https://tinyurl.com/aatxhaka Subscribe to BAM Newsletter: http://eepurl.com/hZU-Vn Connect with Byron: Website: https://byronlazine.com Instagram: https://www.instagram.com/byronlazine Twitter: https://www.twitter.com/ByronLazine TikTok: https://www.tiktok.com/@byronlazine 5AM Call Sign-up: https://www.5amcall.com Newsletter here: https://byronlazine.com/subscribe Connect with Nicole White: https://www.instagram.com/nicolewhiterealtor/ This episode's sources: https://www.inman.com/2022/09/19/for-the-first-time-opendoor-is-selling-homes-at-a-loss-delprete/ https://www.inman.com/2022/09/19/zillows-us-home-value-estimate-drops-for-2nd-consecutive-month/ https://brokeagentmedia.com/zillow-lawsuit-accuses-the-company-of-wiretapping/ https://www.foxnews.com/opinion/inflation-pick-midterm-election-winner-november Timestamps: 00:00–01:16 Intro 01:16 Topic #1—Opendoor selling at a loss 11:38 Their stock is down 80% 15:50 Topic #2—Zillow sued for violating wiretapping laws 20:48 Consumers trust Zillow (don’t make them choose) 23:23 Left, Middle, Right 23:33 1st article—Stock futures slip 24:11 The next Fed meeting 26:20 2nd article—Inflation & the midterms 27:20 If inflation is going to come down… 30:30 The End #zillownews #opendoornews #realestatepodcast