Opendoor To Repay $62 Million In FTC Settlement
The FTC alleged that the iBuyer pitched potential sellers using misleading and deceptive information
The FTC alleged that the iBuyer pitched potential sellers using misleading and deceptive information
The iBuyer’s Q4 revenue was also down some 25 percent
The parent company of Coldwell Banker, Century 21, Corcoran and Sotheby’s International Realty also announced layoffs on Tuesday
Chief Financial Officer Carrie Wheeler to take over in lead role
The iBuyer’s shares have fallen below $1 for 30 consecutive days
Revenue did increase 48 percent year-over-year to $3.4 billion
The Federal Trade Commission accused the company of deceiving customers into offering their properties for less than they would have ...
Zillow sellers will soon be able to request Opendoor offers on their listings
Despite a 1,054 percent gain, the iBuyer also saw net losses rise…
No surprise to many, but Zillow Offers was responsible for the majority of the company’s losses last year
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