by Anthony | Nov 16, 2021 | Uncategorized
Home Flipper Business Model Needs Some Work Recent articles and reports covering Opendoor and Zillow’s iBuyer program are casting some shadows upon the viability and profitability of the business model by which they operate. Opendoor Still Going Nowhere Despite...
by Anthony | Nov 15, 2021 | Uncategorized
Zillow is not the only publicly traded company involved in this business model: Opendoor, founded in 2014, has been at this for over 7 years, and even with ridiculously strong revenue growth, is struggling to find a profit. Opendoor recently reported revenues of $2.27...
by Anthony | Nov 12, 2021 | Uncategorized
Where’s the Profit? Recently Zillow announced that it had determined to get out of the iBuying program business model. This resulted in the company taking a significant loss on the homes that it had purchased. It then announced, according to a Wall Street...
by Anthony | Nov 11, 2021 | Uncategorized
Honoring all of our Veterans who have sacrificed so much for Freedom here and around the world. From all of us at Counsellors Title Agency!! Background on Veterans Day Veterans Day is an official United States public holiday, observed annually on November 11, that...
by Anthony | Nov 10, 2021 | Uncategorized
Escrow is a legal financial arrangement which involves a third party who temporarily holds large sums of money or property until conditions and contingencies are met, as in the fulfillment of a purchase agreement for property. The escrow account is fundamentally a...
