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  "documentTitle": "Opendoor | Investor Presentation Deck | 42 slides",
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  "authorName": "Opendoor",
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  "presentationDate": "2023-11-01 00:00:00",
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      "kind": "diagram",
      "text": "Decide to move, Find an agent, Repair and prep, Host several open houses, List for sale for $350,000, Receive an offer for $330,000, Buyer inspection, Negotiate repairs, Miss out on dream home, Wait for close, Search for new home, Settle for available home, Finally move",
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      "text": "Complex: average of 6 counter-parties to manage",
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      "text": "Costly: staging, repairs, and double-moves",
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      "text": "Human intensive: average of 5 visitors per listing",
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      "text": "Uncertain: ~20% of transactions fall through",
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      "text": "Slow: upwards of 60 days on the market",
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      "text": "Today, 86% of buyers and sellers use an agent, and this is their experience:",
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      "kind": "source-note",
      "text": "Note: Data sourced from National Association of Realtors and Multiple Listing Service data, filtered for Opendoor's buybox",
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      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
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      "evidence": "The traditional process is described as complex and uncertain, implying a cost of inaction.",
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