Offerpad Solutions Inc. is a technology-driven real estate company that provides a streamlined and convenient way for homeowners to buy and sell their properties. The company was founded in 2015 by Brian Bair and Jerry Coleman and is based in Chandler, Arizona. Offerpad operates in multiple states across the United States, offering its services to homeowners in various markets.
Offerpad's primary service is its online platform, which allows homeowners to request an instant offer on their property. Through the platform, homeowners can provide details about their home, and within 24 hours, Offerpad provides a competitive cash offer. If the homeowner accepts the offer, Offerpad handles the entire transaction process, including inspections, appraisals, and closing, enabling a quick and hassle-free sale. In addition to buying homes, Offerpad also helps homeowners find and purchase new properties through its home trade-in and home listing services.
Offerpad's business model has an emphasis on providing a convenient and customer-centric experience. The company aims to simplify the home buying and selling process by eliminating traditional real estate agent commissions, offering flexible closing dates, and providing personalized support throughout the transaction. By leveraging technology and data-driven solutions, Offerpad seeks to transform the real estate industry and improve the overall experience for homeowners.