SPNV - Can iBuying Ever Be a Profitable Business Model?
Many real estate experts believe that iBuying -- the business of buying homes directly from homeowners and selling directly to buyers -- has massive growth potential. But no company has figured out how to do it profitably at scale just yet. In this Fool Live video clip, recorded on Aug. 23 , Fool.com contributor Matt Frankel, CFP, interviews Offerpad CEO Brian Bair to get his take on future profitability of the industry and his company in particular.
Note: Offerpad has agreed to go public via a merger with special purpose acquisition company (SPAC) Supernova Partners Acquisition (NYSE: SPNV) .
For further details see:
Can iBuying Ever Be a Profitable Business Model?