@RickyFrogFrog @Opendoor Yes, but there will be a gap of about 60-90 days between listing and sale.
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Opentrack
667 posts
Opentrack
@operdoor2
Hi guy's We track opendoor data.
Taiwan Beigetreten Mart 2022
25 Folgt2.3K Follower
@operdoor2 @Opendoor Isn't this terrible news? They bought a lot more homes but can't keep up the sell rate with their increased buying rate?
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If the official Q1 numbers for $OPEN come anything close to $950 m to $1 b, it would be seen as proof that the recovery is real and $8 - $10 might be back on the menu🥂
Singularity Research@SingularityRes
$OPEN might hit $950m - $1b in revenue for Q1'26 This is based on our internal data and not official number $OPEN has sold 30% more homes in Q1 26 than in Q4 25 (based on our earlier sales detection algorithms) If we assume 30% revenue growth from the $736m Q4 revenue number, we are hitting $950m and we have a few hours to still go The turnaround story is happening right in front of our eyes Link in the comments to see the details
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@skysync6652 @Opendoor Because he included properties pending in March in the sales revenue, but those properties won't sell until April, you can multiply his estimate by about 70% to get the actual sales revenue.
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@operdoor2 @Opendoor this is very different from what singularity estimated- 950 mil
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@Aubermark Hi Albert, have you noticed that Opendoor's acquisition volume and listing volume differ by more than half? For example, it acquired more than 1,600 listings in February, but has only listed more than 600 listings so far in March. What do you think might be the reason for this?
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@operdoor2 @Opendoor How long will it take until we will see the recent jump in bought houses in that metrics on the website?
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@operdoor2 @Opendoor From your graphic, 70 percent of homes are sold after 60 days
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@BShurt79 @Tyler_Okland_MD I remember when Opnedoor's stock price plummeted after one of its financial reports, he said he'd been given a margin call.
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@HHGF99 @Opendoor opendoor.army/command-center
This website can help you obtain a lot of information.
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@operdoor2 @Opendoor Got it. Thank you! It means opendoor still holds it's homes for 100+ days? How does that aline with the data that opendoor is able to sell the most homes in about 30-60 days after buying?
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@maelan_sdmr @Opendoor Sir, I sent you a private message. I don't know if you saw it. I wanted to discuss something with you.
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Yeah that's precisely what I've been wondering for a while now looking at the data, but it's actually even higher these last few days and it doesn't seem to show up on the chart.
So yes, they definitely know something we don't.
And even crazier is that the ratio between total active listings and total pending sales is getting better and better.
They are cooking.
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