Opendoor raises more money; currently buying a home-a-day in Phoenix

As I've written previously, Opendoor is the most sexy start-up in real estate. 

But why wasn't apparent until Benedict Evans of A16z wrote this post:  http://ben-evans.com/benedictevans/2015/2/28/market-size

Benedict writes about market size, saying there are products that can take existing market share, and there are those that can create a market.

Could Opendoor persuade people to sell, when they otherwise would not have? I believe yes. And that is fascinating. 

Could OpenDoor's buying rate of a home-a-day keep the Realtor away? I don't believe so. 

But they could be a single reason for an increase in real estate transactions in every market they enter. 

 


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