Worst House Flipper of ALL Time
Losing BILLIONS of Investor's Money
Anyone remember Opendoor Technologies (OPEN)? Well, the stock tanked from $30 to $1 and now meme stock investors on reddit have done a short squeeze on the stock pushing it above $2.5.
The company wasn’t always the butt of jokes. At one point in 2019, Opendoor entered the Jacksonville market and terrified real estate agents. They were paying crazy prices, charging crazy fees, and creating a horrible buying and selling experience for agents and their customers.
What really happened? Does the company have a future? Why did KW, Redfin, and Zillow — who chased this shiny object flipping business — all shutter their flipping programs?
This video explains it all AND shares data you need to know about flipping houses today in today’s market. Conversation led by myself and Brittany Brooks, who sold 66 properties in her first year and is now, in my biased opinion, the best real estate broker/owner in Florida.
e: jon@movewithmomentum.com
Proximity is power. If you’re looking to surround yourself with TOP agents and GROW your business in this fast changing market, Momentum Realty is the place to be. Agents at Momentum Realty are passionate about service, growing their wealth, and their lifestyle.
Likewise, if you’re a broker/owner looking to transition out of business and retire or sell, contact us for a free, complimentary consultation about the value of your business.
Did you know Momentum Realty has an in-house house flipping fund where our real estate agents make $1,000,000+ in profit in 2024 alone? We help our agents grow from an investor standpoint, along with growing their real estate business and team.
-JB