From Inman News…
Opendoor CEO wants to make homebuying and selling free
On Monday, Wu outlined his vision during a panel session at the Techonomy 18 technology conference in Half Moon Bay, California, at a hotel perched on an oceanside bluff.
In his opening statement on the panel, Wu said Opendoor wanted to make real estate transactions both “frictionless” and “over time, a free experience.” He repeated this goal later on and added that it “requires patience and requires time.”
This reminds me of the recent adage, “When something online is free, you’re not the customer, you’re the product.”
Yep.