Opendoor Refunds | Federal Trade Commission

FTC Sends Nearly $62 Million in Refunds to Sellers Deceived by Online ...

The FTC alleged that Opendoor pitched potential sellers using misleading and deceptive information. In reality, most people who sold to Opendoor made thousands of dollars less than they would have made selling their homes using the traditional process and many paid more in costs than what sellers typically pay.

庫存減值、業務收縮、第三方市場新業務，最好與最壞消息同時公布，Opendoor還撐的住嗎？｜方格子 vocus

公司要破產只有一個原因，就是 錢花完了 ，Opendoor目前還有 超過100億美元的房屋購買力，15億美元的現金，與15億美元的股權化房產 ，而目前新收購的屋都大幅提高了spread，超過公司歷史上給出最高的差價，在四十年一遇的利率陡升期，也是情有可原。 現在公司走的是 規避風險的模式， 寧願少買 ...

FTC Approves Final Order against Opendoor Labs, Preventing Company from ...

Following a public comment period, the Federal Trade Commission has finalized a consent order against Opendoor Labs, Inc. designed to prevent the online real estate business from deceiving consumers about how much money they could save by selling their home to Opendoor, as opposed selling on the open market.. The final order requires Opendoor to pay $62 million, which is expected to be used ...

Nearly 55,000 home sellers to receive $62 million in refunds from Opendoor

Nearly 55,000 home sellers who sold their houses to Opendoor Technologies Inc. OPEN, -2.13% will receive checks after the real-estate company settled a lawsuit alleging that it misled people into ...

Opendoor will refund homesellers $62M under FTC settlement

Opendoor will pay nearly $62 million in refunds to tens of thousands of homesellers and end its allegedly deceptive advertising under a settlement with the Federal Trade Commission, according to ...

OPENDOOR 离破产有多远？（第447期 2022年10月）#opendoor $OPEN - YouTube

#opendoor $OPEN #股票 #价值投资 #美股 #股票分析

Opendoor to Pay $62 Million to Settle Claims of Deceptive Marketing ...

Aug. 1, 2022. Opendoor Labs, an online home buying platform, agreed on Monday to pay $62 million to the Federal Trade Commission to settle claims that it used misleading marketing practices to ...

Opendoor: Path To Breakeven Remains Far, A Very Tough Call

Opendoor Technologies Inc. (NASDAQ:OPEN) is a highly contentious stock. It's a business with a lot of promise. But beyond its promises, what we are left with is a business that is still ...

Closing the door on home buying company Opendoor's false claims

As a result, most people who sold their homes to Opendoor typically lost thousands of dollars compared to what they would have made if they'd sold their homes on the open market. To settle the FTC's charges that the company's claims were deceptive, Opendoor has agreed to pay $62 million, which the FTC will use for refunds to people who ...

Opendoor Gets Dismissal of Investors' Suit Over Price Algorithm

Opendoor Technologies Inc. shareholders didn't adequately allege the home-buying company committed securities fraud or made misleading statements about its pricing algorithm in its offering documents, a federal court ruled, rejecting a proposed class action. Most alleged misrepresentations aren't actionable, and the investors didn't show intent or a connection between disclosures and a ...

Opendoor Is Tumbling Down: The Debt Strains Examined - Seeking Alpha

As of March 31, 2023, Opendoor had $1.3 billion in cash and cash equivalents and $459 million invested in properties for sale. This is not an enviable liquidity position for a company that has $4. ...

Opendoor Got Hit With a $62 Million Fine for 'Misleading' Customers ...

Eric Wu is a cofounder and the CEO of Opendoor. Opendoor. The Federal Trade Commission has hit homebuyer and seller Opendoor with a $62 million fine. The FTC said Opendoor misled sellers by ...

Opendoor: Major Downside Expected For An Intrinsically Broken Business ...

Opendoor's Q3 2023 10-Q notes that they had $1.4 billion in term loan commitments and $950 million in mezzanine commitments, which would imply that these facilities are fully funded unless ...

Home Buyer Opendoor Is Going Public In $4.8 Billion Merger - Forbes

The firm's valuation has soared in recent years—it was most recently pegged at $3.8 billion in 2019—helped along by a $400 million infusion from SoftBank in 2018. Opendoor generated $4.7 ...

$Opendoor(OPEN)$ 商业模式类 WeWork ，差别是还没宣布破产。重资产低毛利覆盖不了成本，最后亏光现金... - 雪球

$Opendoor(OPEN)$ 商业模式类 WeWork ，差别是还没宣布破产。重资产低毛利覆盖不了成本，最后亏光现金，交易额越多亏得越多 ...

Opendoor再裁员22%，有破产风险|一亩三分地房地产版

有价值的资产不用担心，肯定有人接盘。. 没人要的是不良资产和债务。. 除了这个，还有谁。. 美国法律规定，房产交易必须要middleman，没有opendoor，也会有无良经纪。. 这些人的存在就是为了给社会交易增加成本的，但法律就是规定他们必须存在。. 如题，继 ...

Home economics: $62 million FTC settlement addresses Opendoor's alleged ...

The complaint alleges that Opendoor engaged in practices that both increased the costs to customers and reduced offers to below market value. Opendoor's approach to home repairs is one example. The company told prospective customers that after an in-person assessment of the property, it may require them to make or pay for certain repairs ...

Opendoor Technologies Inc. (OPEN) 股價、新聞、報價和過往記錄 - Yahoo 財經

Opendoor Technologies Inc. (OPEN) NasdaqGS - NasdaqGS 即時價格。. 貨幣為 USD。. 查看最新的 Opendoor Technologies Inc. (OPEN) 股票報價、記錄、新聞及其他重要資訊，助你賣買股票及投資。.

Opendoor Reviews: How Opendoor REALLY Works in 2024 - Real Estate Witch

4.2/5 (3,802 reviews) Opendoor reviews from customers are generally positive, with an average rating of 4.2/5 across 3,800+ reviews. But not all reviews for Opendoor are positive. In fact, the company has 139 complaints on its Better Business Bureau page and poor-to-average ratings on both Google and Trustpilot.

Opendoor to Report First Quarter 2024 Financial Results on May 2nd ...

SAN FRANCISCO, April 04, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. ("Opendoor") (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that it will report first quarter 2024 financial results for the period ended March 31, 2024 following the close of the market on Thursday, May 2, 2024.

Opendoor Announces First Quarter of 2024 Financial Results

First Quarter 2024 Key Highlights. Revenue of $1.2 billion, down (62)% versus 1Q23 and up 36% versus 4Q23; with 3,078 total homes sold, down (63)% versus 1Q23 and up 30% versus 4Q23. Gross profit of $114 million, versus $170 million in 1Q23 and $72 million in 4Q23; Gross Margin of 9.7%, versus 5.4% in 1Q23 and 8.3% in 4Q23.

加入破產潮…這家美國折扣商店結束近70年營運 展開清倉大拍賣 | 美國新聞 | 全球 | 聯合新聞網

位於美國東北部的折扣商店Bob's Stores已聲請破產保護，將關閉所有店面，並出清庫存，結束近70年的營運。. Bob's Stores 1日發布聲明指出，儘管已對 ...

Opendoor: Disrupting One Of The Hugest Undisrupted Markets In The World

Opendoor is an online San Francisco based real estate platform that aims to be a one-stop digital shop to buy, sell, and finance real estate assets. The core business consists of buying houses ...

香港5月個人破產呈請創兩年高 - Msn

破產管理署5月收到61宗強制清盤呈請書，按年上升85%。 年內，累計收到316宗強制清盤呈請書，較2023年同期上升39%。 5月，法院發出43個清盤令，按月 ...

剛破產又出現瑕疵 Fisker將召回美歐1.2萬輛電動車 - 自由財經

美國電動車新創公司Fisker因長年飽受虧損於6月17日申請破產保護。（歐新社） 吳孟峰／核稿編輯 〔財經頻道／綜合報導〕曾被譽為「汽車界的蘋果」、「特斯拉殺手」的美國電動車新創Fisker，近年飽受虧損及現金短缺所苦，於6月17日正式申請破產，沒想到禍不單行，近日又因汽車零件故障，宣布在 ...

被頒令破產 公司清盤 潘蘇通上訴遭駁回 - 東方日報

近年屢傳財困、前高銀金融主席潘蘇通，2022年因其全資持有的Silver Starlight Limited（下稱「公司」）未有清還80億元貸款，被高院原訟庭頒令破產，公司亦遭下令清盤。早前潘就破產令及清盤令，及原訟庭拒絕他要求押後審理破產案的決定申請上訴。上訴庭昨日頒判詞，認為原審法官沒有犯錯，一併 ...