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).
Source Fool.com
