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Commercial Brokerages Feel The Pain

Deconstruct

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Commoditization of the Home

Open Door CEO Eric Wu stepped down after the company posted a $1 billion loss in the third quarter. More than half of that was attributed to a write down at home values. Taney spoke with Mike Delpreet, a real estate tech expert about the move. He says out of any industry or asset class, real estate houses must be the hardest to commoditize.

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