Key Takeaways Opendoor hit $1.57B in Q2 revenues and first adjusted EBITDA profit in three years. Compass posted $2.06B revenues in Q2, with 21% growth and a 63% EBITDA gain. OPEN guides Q3 revenue down to $800-$875M, while COMP expects a sequential drop to $1.73-$1.85B. The U.S. real estate market has been anything but predictable, putting pressure on companies that built their models around innovation and disruption. Two names that often come up in this conversation are Opendoor Technologies Inc. ((OPEN), ...

Key Takeaways OPEN is shifting to a distributed platform offering cash offers, listings, and hybrid sale models.Listing conversions rose 5x in pilots, with final offer rates doubling over the traditional approach.Adjusted EBITDA turned positive, but older inventory may weigh on margins in the near term.Opendoor Technologies Inc. (OPEN) is attempting its boldest pivot yet—moving from a single cash-offer product to a distributed platform that integrates agents directly into the selling journey. The strategy c ...