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Tag Archives: opendoor

Tag Archives: opendoor

Zillow Instant Offers…Finally

by Drew Meyers on 4:24 pm May 22, 2017

It’s no secret inventory is a problem in many real estate markets across the country (my own backyard, Seattle, certainly falls in that list). That begs the question, how do you open up more inventory for purchase? I’ve long been a fan of the Make Me Move, and the prospect of connecting buyers and seller directly. I know virtually every home is available to buy, for the right price. I was always a fan of what Bryan was working on with Everyhome. Remzy (current Geek … Read More »

A Deeper Look Inside Opendoor

by Drew Meyers on 9:00 am February 11, 2017

There’s a lot of people fascinated with Opendoor (myself included). For those seeking to scratch their itch for more insight, here’s a presentation and Q&A with co-founder Ian Wong at Data Driven NYC in January: [via Greg Fischer]

Links for Geeks – January 5th

by Drew Meyers on 4:44 pm January 5, 2017

A few reads I’ve found interesting lately… Inside Opendoor: what two years of transactions say about their prospects Don’t Get Trampled: The Puzzle For “Unicorn” Employees Seven Predictions for 2017: The Boy Bands Edition (subscription wall) Humanizing our networks Online Publishing Should Look At Steem, Not Spotify, For Inspiration The most no brainer move of 2017: Medium should buy Patreon

Shattered Glass Podcast – More Opendoor / Real Estate Analysis

by Drew Meyers on 2:21 pm December 27, 2016

For those interested in further analysis of Opendoor and real estate tech, here’s a podcast I listened to you may be interested in. It’s right here (66 minutes).

OpenDoor Analysis

by Drew Meyers on 11:00 am December 13, 2016

For those curious to learn more about Opendoor (which just raised $210 million), there are two recent posts I’d recommend reading: Rob Hahn — Forest for the Trees: Opendoor Edition Ben Thompson — Opendoor: A Startup Worth Emulating Happy reading. And yes, I believe Opendoor is working on a hard problem.

OpenDoor Raises $210 Million

by Drew Meyers on 9:20 pm November 30, 2016

$210 million for OpenDoor. Wow. From Forbes: Opendoor is betting that there are hundreds of thousands of Americans who value the certainty of a sale over getting the highest price. I’ve long thought that to be true (see my comment), and it’s one reason I believe something really big is going to happen with pocket / pre-market listings. What do you think they’re going to do with their newfound war chest of capital?

A New, Bold Bet in Real Estate – Knock

by Drew Meyers on 9:46 am July 12, 2016

Knock was on Product Hunt yesterday. The value proposition to the seller: Sell your home in 6 weeks or less. Or we’ll buy it from you for full market value I have to admit, that seems compelling (disclosure I’ve never actually owned a home, nor sold one). Of course, making a bold statement is always easier said than done. Guaranteeing a sale at “market price” that they set is actually not taking a ton of risk (on their part) because their own algorithm is setting the price … Read More »

My Best Guess at OpenDoor’s Strategy to Buy and Sell Homes Online

by Drew Meyers on 4:58 pm July 9, 2014

There’s been much talk and hype about the latest entrant in real estate OpenDoor, which just closed $9.5 million. While they have publicly stated they aim to enable home owners to sell their home online in 3 days. They have not publicly said how they plan to deliver on that. My guess? Nope, it won’t be with some crazy AVM magic. This is a marketplace play. A sort of Zillow Mortgage Marketplace, but for homes instead of mortgages. The use case will be home owners come … Read More »

OpenDoor Raises $9.5M

by Drew Meyers on 10:20 am July 8, 2014

OpenDoor just closed a $9.5 million round. The list of angel investors involved, is literally quite insane: Paypal co-founder Max Levchin Former YouTube and Facebook CFO Gideon Yu Eventbrite co-founder Kevin Hartz Y Combinator’s Sam Altman Quora CEO Adam D’Angelo Yammer co-founder David Sacks Angelist’s Naval Ravikant Yelp CEO Jeremy Stoppelman Box CEO Aaron Levie Initialized Capital’s Harjeet Taggar, Garry Tan and Alexis Ohanian Former Twitter vice president Elad Gil Blippy co-founder David King Flixster co-founder Joe Greenstein Angel investor Mike Greenfield Quora co-founder Charlie … Read More »

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