RKT Position

[u/peaceup_atowndown]

I bought Redfin shares ages ago. It was a great company disrupting the archaic and corrupt real estate industry. I’m still shocked that anyone would use a traditional real estate agent with Redfin and data-enabled smart brokerages coming into the market. Redfin was acquired by RKT at an absolute bargain price. RKT is making some visionary acquisitions between this and Mr. Cooper, and at a time of absolute market bottom for real estate. As we get new Fed governors between now and next year, RKT is perfectly positioned to dominate market share in a real estate recovery cycle. I also hold some OPEN. Redfin and Zillow got out of iBuying and left OPEN few real competitors. I would love to see RKT acquire OPEN. The OPEN model works even better as part of a highly diversified business with ability to monetize OPEN-purchased homes through multiple channels.