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 two companies’ models and how that made such a difference in their profits. They also discuss eXp earnings and how other brokerages fared. Learn more about your ad choices. Visit megaphone.fm/adchoices