Interested to know the community thoughts on OPENDOOR (ticker OPEN)
Its a digital marketplace to buy and sell houses. Awesome concept
Seems it has a realistic chance to be a ‘Carvana’ type of stock for the housing industry. They are a young company so hiccups in store but we’re talking about potential. Huge potential.
Ceiling, dare I say, may be an ‘Amazon’ type adoption and marketplace
With all that said, I haven’t bought in yet =/. Even though Zoya has it as compliant, I am a little leery of the ‘financing’ portion of the business. I dont know what percentage of the business that compromises. Basically I am wary that lending, financing may play a more prominent role as they scale which may lead them to become a Haraam company to invest in.
Anyways…interesting company and interested to hear ya’ll thoughts