The dominant iBuyer lost nearly $400 million in the fourth quarter, according to an earnings call Thursday afternoon. That’s better than the previous quarter, but a big jump from the same period in 2021.
Source: Inman News
Opendoor’s losses doubled in Q4 as the iBuyer’s revenue fell 25%
Published in Anywhere, atlanta, Carrie Wheeler, Daniel Morillo, earnings, earnings report, eric wu, ibuyer, Markets & Economy, offerpad, opendoor, Opendoor Exclusives, raleigh, Select, Technology, U.S. Securities and Exchange Commission and Zillow
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