Here’s an example of yet another cyber-bully setting the table in order to EAT your lunch

I just read this morning that those cyber-bullies over at Opendoor have stepped up their aggressive horseplay.

If you’re not familiar with Opendoor, here’s an overview…

Opendoor is an online service for homeowners to sell their home – for all cash – without an agent – and without concern for inspections and appraisals.

Say what?

Yeah you read that correctly!

If you’ve been reading my words for any length of time you’ve heard me cry wolf about these cyber-bullies several times.

Along with the dark shadow cast by Zillow, Redfin, Knock, Offerpad, and countless others.

My Spidey-senses get tingly when pondering the propaganda and prolific pillaging about to take place in our industry.

OUR industry!

So I thought I’d spew some Nostradamus styled predictions for you to simmer your precious little thoughts in, as you spend yet another day NOT taking full advantage of this monumental opportunity while already licensed in the…

Greatest Small Business Opportunity in the World!!!

See, my friend, we have to face the facts – we have to face the dark music playing louder and louder in the background…

… this OPPORTUNITY

… in THIS business

… as we know it TODAY

IS GOING AWAY!

We’re heading for a cliff – currently striding downhill (on an imperceptible grade) – unknowingly walking the plank towards our own demise…

… and nobody seems to notice!!!

Here’s today’s example:

Opendoor is now not only BUYING homes for all cash (eliminating us completely from the transaction), they are also attracting buyers of homes with REBATES.

Check out this ad:

image
image

Look carefully at these sinister ads. (If you cannot see them, click that tiny button at the top of the email that says “To always trust content from this sender Click Here”… something like that.)

Two things really…

One: “Get 1.5% back on your home purchase when you buy with Open Listings.” (Open Listings is a discount broker gobbled up by Opendoor last year.)

Two: In the second ad, it shows the price, along with “Est. $4,120 back” and you’ll also notice the gray lettered disclosure “Listed by so and so, Redfin Corporation”

“So what’s the big deal, Bart? Discount brokers have always existed.”

Not so fast, Chuckles…

This time is different. Much different. Very disturbing.

We’ll discuss over the next couple of days.

In the meantime, PLEASE share with me your opinion on this topic.

  • Is our industry on the brink of disaster?
  • Are we about to take a dirt nap similar to Blockbuster Video, stock brokers, taxi drivers, and travel agents?
  • Am I overreacting?

Please share your thoughts and feelings with me… right now.

Have a deep in thought day my friend.

Yours cruelly,

Bart “Nostradamus” Vickrey

P.S. There is a light at the end of this tunneled prediction. I’ll be sharing that along with all the delightfully disastrous debauchery we currently face.

Leave A Response

* Denotes Required Field