Simplifying the Process of Buying and Selling a Home | Opendoor CTO, Raji Subramanian

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 12 November 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Raji Subramanian, CTO of Opendoor, sits down to discuss how to craft a value proposition that holds in any market, as well as the role that technology has played in the company’s journey to reinvent real estate. She also provides insights on how Opendoor solves some of the most common pain points associated with buying and selling a home. Subramanian and host of #ThePlaybook, David Meltzer, share their thoughts on a wide range of topics including the value that comes with certainty in business, strategies for developing new offerings for your customers, and how the Opendoor platform helps buyers and sellers move with certainty, simplicity, and speed, while also providing them control over the transaction. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This is the flavor.
0:02.8	This is actually one of the companies that I utilize, one that I am most interested in.
0:07.8	And we have the CTO, the Chief Technology Officer of Open Door, Rajee Sue Brahmanian.
0:14.9	And she is here with us today to share her playbook to success.
0:18.5	Welcome to the playbook, Rajee.
0:19.9	Oh, thank you.
0:20.9	And it's great to be here and very excited to be sharing some of the learnings that have
0:25.1	had through my life.
0:26.9	Well, you know, a marketplace, especially in home buying, residential home buying,
0:32.5	is significantly interesting to me because I always wonder, I've been in real estate a long time.
0:39.7	And I've made and lost more money than most people in real estate.
0:43.5	And I finally have figured out some sort of recognition of the cycles of sales.
0:50.0	But when you have such an extraordinary platform that provides buyers and sellers
0:56.4	a more efficient, effective and statistically successful way to purchase and to sell homes,
1:02.6	the market, which is always secular, is interesting.
1:07.2	So I was wondering if we could start with the exclusivity that you provide your customers
1:13.0	and how that exclusivity and the efficiencies of your platform apply to
1:19.2	when the market is hot, when the market is stagnant, and when the market coals down.
1:26.6	Yeah, absolutely.
1:28.0	Happy to chat more about that and how we view that at Open Door.
1:32.1	It goes back to one of our core operating principles.
1:34.9	We always start an end with a customer that is true for all three markets.
	...

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