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The Federal Trade Commission (FTC) recently announced its distribution of nearly $6.2 million in refunds to sellers who were misled by OpenDoor, an online real estate listing service. Almost 55,000 homeowners who trusted OpenDoor to sell their homes were affected and will be receiving checks from the FTC.
OpenDoor's deceptive practices serve as a stark reminder of the risks associated with iBuying platforms. These platforms often promise convenience and savings, but the reality is quite different. By working with local brokers, sellers can benefit from their expertise and market knowledge, ultimately ensuring a smoother and more financially beneficial home-selling experience. The FTC's enforcement action against OpenDoor serves as a reminder to consumers to carefully consider their options and prioritize trust and reliability when navigating the real estate market. At One Nest Realty we pride ourselves on being a locally owned, locally managed brokage. This gives us the flexibility to pivot to meet the unique needs of each of our clients and create a listing plan that aligns with their needs and budget, without sacrificing quality of service or compromising on sales price. If you have questions about how we can help, please reach out! We're happy to talk through options with you so you have the knowledge and resources needed to make the best decision for your unique real estate needs. Whether you're buying, selling, or investing, our team of experienced professionals is here to support you every step of the way. Don't hesitate to contact us – your satisfaction and peace of mind are our top priorities.
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One Nest Realty
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