Opendoor CEO Carrie Wheeler at Goldman Sachs Communacopia & Technology Conference - Sept 9th, 2023

Recording of Opendoor CEO Carrie Wheeler at Goldman Sachs Communacopia & Technology Conference on Sept 9th, 2023. Please like and subscribe!
Read the full transcript here: datadoor.io/articles/transcri...
00:00 Introduction to Opendoor Technologies at Goldman Sachs Conference
02:49 Navigating the Macro Environment and Adapting to Market Volatility
08:27 Strategies to Double Home Acquisitions and Reduce Spreads
12:01 Goal of Achieving Adjusted Net Income Profitability by 2024
15:35 Opendoor's Funding Structure and Capacity
17:29 Home Sales Volume and Holding Period
19:11 Cost Discipline and Operating Efficiencies
19:45 Significant Cost Reductions and Future Projections
22:58 Progress in Title and Mortgage Business
25:54 iBuying: Attractive Regions and Market Expansion
27:27 The Profile of Our Average Customer
29:12 Conversion Rate of Sellers Checking Prices
31:02 Capturing the Full Spread: Home Seller vs Alternative Players
32:29 Expanding Partnerships and Agent Access Program
32:49 Partnerships for customer distribution and acquisition cost
34:21 Online portals (Zillow, Redfin, Realtor) for increased distribution
Get Institutional Grade iBuying data for Free: datadoor.io
Join our Discord of proptech nerds: / discord
Subscribe to our Channel: / datadoor
Subscribe to our Podcast on Spotify or Apple Podcasts: anchor.fm/datadoor
Datadoor's Twitter:
/ datadoorio
Tyler's Twitter:
/ tyler_okland_md
Sebastian's Twitter:
/ sebastianszturo