Zillow Group Inc. Cl C (Z) Social Stream
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$IPOB Opendoor has developed a third-party network of more than 10,000 subcontractors, managed by a centralized operations team. This model has led to a 50% reduction in spend per home over the last 2 years. Additionally, the company has been able to negotiate bulk discounts on home materials (more than 40% lower than retail prices). According to Mike DelPrete, Opendoor’s average repair costs are about 2–2.5% of home value, compared to an estimated 4% at Offerpad and 5% at Zillow.olddumper, published November 17, 2020
This is a joke that $Z is trading at a higher market cap. It will never operate like anything other than a website.