The spread between what a home is really worth and what we could pay someone in advance for it through this I-buying cash offer had gotten really large. So when you're marking down offers 10, 20% from the market value...you just don't feel good even when they take it. It might be a good business. It's just not a good business for us. We were borrowing money at 0% coupon and now rates are through the roof.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode