Opendoor vs Offerpad: why is only one profitable?

On today’s episode, Editor in Chief Sarah Wheeler talks with Senior Real Estate Reporter Matthew Blake about fourth-quarter earnings for iBuyers Opendoor and Offerpad. The two discuss the differences between the companies’ models and how that is making a difference in their profits. They also discuss eXp earnings and how other real estate brokerages fared in the fourth quarter.

Articles related to this episode:

• Opendoor loses more money than Zillow in 2021
• What are you wearing to the Offerpad profitability party?
• Cloud-busting eXp more than doubles profits in 2021

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by the HW team and produced by Elissa Branch.