SAN FRANCISCO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that David Benson, former President of Fannie Mae, has been appointed to its Board of Directors (“Board”), effective immediately. Mr. Benson will also serve on the Audit Committee of the Board. “I am thrilled to welcome David to our Board. He is a deeply respected executive who brings to our team three decades of lea ...

会议主要讨论的核心内容 - 公司正在努力将房地产交易过程简单化、确定化和便利化 [3][4] - 公司目前在50个市场提供现金收购服务,未来希望成为客户首选的房屋出售渠道 [4][16] - 公司除了现金收购服务,还推出了"列入Opendoor"的新产品,让客户可以选择在市场上挂牌出售,同时保留Opendoor的现金收购选择 [7][8] - 公司与房地产经纪人、在线房地产平台、房地产开发商等建立了广泛的合作伙伴关系,这些渠道占到公司总成交量的40%以上 [10][11] - 公司正在积极扩大市场覆盖范围,目前可以承接约40%的房地产交易市场 [17][20] 问答环节重要的提问和回答 - 分析师询问公司在当前房地产市场环境下的长期愿景,公司表示正在努力提高客户体验,未来希望成为客户首选的房屋出售渠道 [2][3][4] - 分析师询问公司的收购策略,包括提高市场知名度、拓展合作渠道、扩大收购范围等 [13][14][15][16][17] - 分析师询问公司对未来房地产市场的预测,公司表示预计下半年市场将进一步走弱,公司将采取更加保守的定价策略 [23][24][25][26] - 分析师询问公司的成本管理措施,公司表示将继续优化成本结构,并有信心实现调整后的净收入正值 [34][35] - 分析师询问公司剥离Mainstay业务的原因,公司表示希望专注于消费者业务,简化成本结构 [37][38] - 分析师询问NAR和解对公司的影响,公司表示买方经纪人佣金下降将降低公司的成本,但短期内市场存在较多不确定性 [49][50][51]

文章核心观点 - USTA和Chubb签署了多年合作伙伴关系的续约,Chubb将继续担任美国网球公开赛的官方保险赞助商,合作将从2025年开始[1] - 双方此前于2020年开始合作,并在2024年创纪录的美国网球公开赛期间续约[1] - Chubb的CEO格林伯格表示,这一赞助关系将联系Chubb和USTA两个全球知名的品牌,体现了双方在质量和声誉方面的高度契合[1] - USTA首席执行官谢尔表示,Chubb在帮助全球客户应对各种风险和损失方面的专业能力与美国网球公开赛的卓越品质完全吻合,双方期待未来继续深化合作[1] 关于USTA - USTA是美国网球运动的国家管理机构,致力于推动网球运动在各个层面的发展[2] - USTA是一家非营利性组织,将100%的收益用于发展网球运动[2] - USTA拥有和运营美国网球公开赛等一系列赛事,并选拔美国代表参加戴维斯杯、比利·简·金杯和奥运会等国际赛事[2] - USTA慈善基金会提供资助和奖学金,支持全国范围内面向弱势青少年的网球和教育项目[2] 关于Chubb - Chubb是全球领先的保险公司,在54个国家和地区开展商业和个人财产险、人身意外险、再保险和人寿保险等业务[3] - Chubb作为一家承保公司,以洞察力和纪律来评估、承担和管理风险,公平及时地处理理赔[3] - Chubb拥有广泛的产品和服务、强大的分销能力、卓越的财务实力和遍布全球的本地运营[3] - Chubb母公司Chubb Limited在纽约证券交易所上市,是标准普尔500指数成分股[3] - Chubb在苏黎世、纽约、伦敦、巴黎等地设有总部,全球拥有约40,000名员工[3]

This online real estate stock is too cheap to ignore.Opendoor (OPEN -1.03%) has been a tough stock to own over the past few years. The online real estate company's stock started trading at $31.47 after it went public by merging with a special purpose acquisition company (SPAC) in December 2020 and reached its record high of $35.88 during the apex of the growth-stock rally in February 2021.Since then, however, Opendoor's stock has declined 94% to about $2. It crashed and burned as rising interest rates rattl ...

The long-suffering real estate stocks are suddenly soaring.Opendoor Technologies (OPEN 2.38%) and Redfin (RDFN -1.58%) are cut from the same cloth in many ways. Both are real estate tech stocks aiming to disrupt the massive real estate industry. They have a lot of exposure to the housing market, which has sunk both stocks in the post-pandemic slump.As the chart below shows, Opendoor and Redfin are both down sharply from their previous peaks. Both stocks are down roughly 90% from their pandemic-era peaks, bu ...

iBuying is still an unproven business, but Opendoor is the best bet in the industry.iBuying has been one of the most disruptive ideas to enter the real estate industry in decades. iBuying, which stands for instant buying, is home-flipping taken to its logical end, done at a large scale by corporations, rather than just a small contractor.The practice once held a lot of promise as technology has made it easier to buy and sell a home, see comparable sale prices and other useful information, and collect and an ...

The real estate disruptor has delivered strong results, but its stock isn't performing well. Here's why.Real estate technology company Opendoor (OPEN -1.87%) reported second-quarter results that exceeded the high end of management's expectations in all key areas, but the stock declined. In this video, Fool.com contributors Matt Frankel and Tyler Crowe discuss the latest results, why Opendoor's stock has done so poorly, and what investors should keep in mind.*Stock prices used were the morning prices of Aug. ...

There was a lot to like in Opendoor's latest earnings report, but the outlook is troubling.Opendoor (OPEN -1.87%) is down by 53% so far in 2024, and what makes this even more interesting is that most real estate technology stocks, such as Zillow and Redfin, are performing far better.What's more, Opendoor recently reported second-quarter results that surpassed even the high end of management's expectations. So with the Federal Reserve set to start lowering interest rates, and a general sense of optimism that ...

SAN FRANCISCO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Opendoor Technologies Inc. (Nasdaq: OPEN), a leading e-commerce platform for residential real estate transactions, today announced that Carrie Wheeler, Chief Executive Officer, will speak at the Goldman Sachs Communacopia & Technology Conference on Monday, September 9, 2024 at 4:25pm PT/7:25pm ET. A live webcast of the presentation will be available at investor.opendoor.com. About Opendoor Opendoor’s mission is to power life’s progress, one move at a time. Si ...

The iBuying business is down, but is it out?Opendoor (OPEN -5.60%) seems to be one of the few companies left in the iBuying business after competitors like Zillow (Z -0.07%) left the market. The challenge has been making money in a tight housing market that leaves iBuyers with the worst options. In this video, Travis Hoium examines whether this opportunity is worth buying or staying away from.*Stock prices used were end-of-day prices of Aug. 22, 2024. The video was published on Aug. 26, 2024. ...