@jeffye888 Opendoor feels like a surfer who keeps getting better, but the waves just havenโt come yet. Just have to stay ready and wait for the right one.
@TodayValue97230 Iโm sure they would love to buy twice as many homes if the business could support it. The real challenge is building the capacity to do it profitably.
@TodayValue97230 Scaling too fast can easily create operational bottlenecks, higher carrying costs, and weaker margins. Sustainable growth is far more valuable than reckless growth.
@TodayValue97230 A company like Opendoor has to balance capital, operations, inventory, and risk. Kaz and the team have access to internal metrics that none of us can see, so theyโre in a much better position to determine the right pace of growth.
@Aubermark Thanks for explaining, and also for sharing the Opendoor Data Explorer.
That makes sense โ the key metric is really the returned homes that donโt stabilize after 2โ3 weeks, not the short-term daily returned ratio.