Opendoor Stock Surges Amid Expansion and Leadership Changes
Opendoor's stock (OPEN) surged 20% following the company's announcement of a nationwide rollout of its home-selling platform, signaling strong investor confidence in its expansion plans.
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Home Selling
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Navigating the Impact of the Realtor Settlement on Home Sales
The National Association of Realtors' $418 million settlement could eliminate the standard 6% commission paid by sellers, potentially making it cheaper to sell homes post-settlement, but the uncertainty and potential financial burden for homebuyers may incentivize closing on a home sooner rather than later. While waiting to list a home until after the settlement is finalized could allow for negotiating lower agent commissions, the value provided by an agent should still be a major consideration in the timing of selling a home.