Direct offers, flexible timelines and a free local move help simplify one of life’s biggest transactions.

Company Website: https://www.offerpad.com
TEMPE, Ariz. -- (Business Wire)

For many homeowners, selling through the traditional process can take close to three months from listing to closing. Across Offerpad markets, single-family homes are spending roughly 74 days on the market before going under contract, extending timelines for many sellers. Days on market currently range from about 59 to 98 days depending on the market.

Even after accepting an offer, the transaction is not always guaranteed. Home sales can fall out of contract, often due to financing issues, inspections, or appraisal challenges — forcing sellers to restart the process.

Offerpad is helping homeowners avoid many of those uncertainties by offering a faster and more predictable way to sell. Sellers who request an offer from Offerpad receive a cash offer typically within 24 hours. From there, sellers can choose to close in days rather than months, while also having the flexibility to select a timeline that works best for their situation.

Unlike traditional home sales, which often follow rigid timelines, Offerpad gives sellers the option to close quickly or schedule their closing for 60 days out, depending on their needs. Sellers can also adjust their closing date along the way, helping them better coordinate their move, the purchase of a new home or other life events. Offerpad also offers Extended Stay, allowing eligible sellers to remain in their home for a period of time after closing so they have additional time to plan their move.

Dan Stoegbauer, Chief Performance Officer at Offerpad, who oversees the company’s real estate customer service team and disposition strategy, said speed has become increasingly important for today’s home sellers.

“Speed and certainty matter more than ever for today’s home sellers,” said Stoegbauer. “With mortgage rates higher and buyers taking longer to commit, the traditional process can stretch for months. Offerpad gives homeowners a faster, more predictable way to sell, often closing in weeks instead of months.”

For nearly a decade, Offerpad has helped homeowners move faster by offering a simpler alternative. By purchasing homes directly and streamlining the transaction, Offerpad can allow sellers to avoid weeks of showings, negotiations and financing contingencies that can extend timelines in today’s market.

In addition to a faster and more predictable transaction, Offerpad also helps simplify one of the most stressful parts of selling a home: the move itself. Eligible sellers receive a free local move, helping them transition to their next home without the added cost and logistics of arranging movers.

“Moving can be one of the most challenging parts of selling a home,” added Stoegbauer. “By covering the cost of a local move, we’re helping make the entire experience easier for sellers.”

Offerpad also partners with real estate agents through its Agent Partnership Program, giving agents a powerful solution when a traditional listing may not be the best fit. Through the program, agents can introduce sellers to Offerpad when homeowners need a faster closing, greater certainty around timing, or want to avoid the disruptions of listing, showings and open houses — while still allowing agents to support their clients throughout the process.

Today, Offerpad operates as a multi-solution real estate platform designed to meet sellers across different timelines, needs and levels of certainty. Through its four core solutions, the Cash Offer, the Cash Offer Marketplace, Brokerage Services and Renovate — Offerpad provides multiple pathways for homeowners to buy and sell homes while also supporting real estate agents and professional partners.

For more information or to request a cash offer, visit www.offerpad.com.

About Offerpad

Offerpad Solutions Inc. (NYSE: OPAD) is a real estate solutions company focused on giving homeowners more control, flexibility, and choice when buying and selling a home. Offerpad provides Cash Offers, Agent listing services, access to additional cash buyers through marketplace-enabled capabilities, and renovation services that support both internal transactions and third-party partners.

Founded in 2015, the Company combines proprietary technology with local real estate expertise to simplify the home sale process and reduce friction across the transaction lifecycle, helping customers move forward with speed, transparency, and confidence. Learn more at www.offerpad.com.

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Contacts:

Investors & Media
Cortney Read
VP, Investor Relations & Communications
investors@offerpad.com or press@offerpad.com

Source: Offerpad