Opendoor, a startup worth emulating
Have you given thought to opening up your pricing model&#x2F;algorithm to the public for every home in a market (a la Zestimate&#x2F;Redfin estimate) as a means of eventually driving seller inventory even if someone is not ready to sell today?<p>If someone could look up what their place is worth and, unlike Zillow and Redfin, actually be told explicitly why it&#x27;s worth that as opposed to being told a &quot;black box&quot; value, you&#x27;ll open the top of the funnel by driving folks who aren&#x27;t yet ready to sell (today&#x27;s owner is tomorrow&#x27;s seller). And since those values change frequently the not-ready-to-sell owner could track the changes to value and the underlying data driving that value, which would keep you on the tops of their minds when they&#x27;re ready to sell down the road.<p>If you think the pricing model&#x2F;algorithm is too proprietary to share beyond the &quot;I&#x27;m ready to sell today&quot; market, I&#x27;ll stop by for a coffee to try and convince you otherwise.<p>Good luck. I&#x27;m stoked to see someone trying to fundamentally change the residential market.<p>Edit: oh, btw, not advocating sharing the actual algorithm, but the results of it (e.g. your house is worth 5 psf less than the comp from 3 blocks over bc your place is directly under the airport&#x27;s flight path).