Real estate fees settlement created ‘a new competitive ballgame,' expert says. Here's what buyers, sellers need to know [CNBC]
Opendoor Technologies Inc (OPEN)
Company Research
Source: CNBC
Some agents are talking to home sellers about the benefits of offering commissions for buyer's agents. Homebuyers may need to take the time to understand the agreement forms with potential agents. New rules on buying and selling homes are in play, now that a settlement from a class-action lawsuit has taken effect. In March , the National Association of Realtors agreed to a $418 million settlement in an antitrust lawsuit where a federal jury found the organization and several large real-estate brokerages had conspired to artificially inflate agent commissions on the sale and purchase of real estate. In a statement at the time of the verdict, the NAR denied wrongdoing. The settlement took effect on August 17. Prior to the settlement, the NAR's multiple listing service, or MLS, used at a local level across areas in the U.S., facilitated the compensation rates for both a buyer's and seller's agents. At the time of listing a property, the home seller negotiated with the listin
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News
- The top 10 ‘hidden gem' ZIP codes in America—these are ‘fast-developing' areas, says new report [CNBC]CNBC
- Why Opendoor Stock Fell 14% in January [Yahoo! Finance]Yahoo! Finance
- The 10 most popular U.S. ZIP codes for homebuyers—No. 1 is a fast-growing Houston, Texas suburb [CNBC]CNBC
- Opendoor Technologies Inc. (NASDAQ:OPEN) is favoured by institutional owners who hold 55% of the company [Yahoo! Finance]Yahoo! Finance
- From Grants To Loans: A Funding Roadmap For Female Business Owners [Forbes]Forbes
OPEN
Earnings
- 11/7/24 - Beat
OPEN
Sec Filings
- 1/17/25 - Form 4
- 1/16/25 - Form 144
- 12/18/24 - Form 4
- OPEN's page on the SEC website