David Shippey

FTC Fines Opendoor for Misleading and Deceptive Information

Posted By David Shippey @ Aug 9th 2022 12:50pm In: Winter Haven News

The Federal Trade Commission fined Opendoor for misleading and deceptive information to sellers. Research found that most sellers that used Opendoor made much less than if they would have sold their home through a Realtor. Opendoor has been fined $62,000,000 and must change their advertising practices.

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