Company aims to help empower sellers and buyers
to be more competitive in today’s market with options like cash
offers, flexible closing dates and more with launch in the Golden
State’s Capital
Offerpad (NYSE:OPAD), a leading tech-enabled platform for
residential real estate, today announced its expansion into the
Sacramento metropolitan area. Now available in more than 50
surrounding cities and towns, Offerpad brings certainty and
flexibility to compete in the market with 24-hour cash offers,
custom listing solutions, flexible closing dates and Offerpad’s
Bundle Rewards.
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the full release here:
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Offerpad today announced its expansion
into the Sacramento metropolitan area. Now available in more than
50 surrounding cities and towns, Offerpad brings certainty and
flexibility to compete in the market with 24-hour cash offers,
custom listing solutions, flexible closing dates and Offerpad’s
Bundle Rewards. (Graphic: Business Wire)
“Offerpad’s goal is to eliminate a lot of the stress from buying
and selling to create an all-new experience for homeowners,” said
Brian Bair, Offerpad’s Chairman and CEO. “We are replacing the
obstacles of traditional real estate with modern features that
empower our customers. Today, homeowners want convenience,
certainty, and control in everything they do – and that doesn’t
stop with real estate. Offerpad is built to meet these demands and
exceed expectations everywhere we operate.”
Offerpad Offers Competitive Advantage to Home Sellers and
Buyers in Today’s Market
In California and many other markets around the country, home
buyers are faced with a new level of competition in an environment
where inventory is limited. Homeowners who sell to Offerpad may
experience many advantages, including:
- Cash offer on their home within 24 hours of request
- No need for open houses, cleaning, repairs or getting their
home “show-ready”
- Freedom to select their closing date and flexibility to change
it as needed
- Free extended stay in their sold home for up to three days
- Cash proceeds from the sale in hand no later than the next
business day after closing
- Free local move*
Offerpad can help sellers to become more competitive buyers in
today’s market where inventory is limited and homes sell quickly.
With a cash offer on their existing home, homeowners can feel more
confident in their ability to make their next purchase. By
providing sellers with flexible closing dates, Offerpad can help
remove the need to move twice or juggle two mortgages.
Cash offer not for you? No problem, Offerpad has your
back
If the company’s cash offer option, Offerpad EXPRESS, is not a
fit for a homeowner’s needs, sellers can opt to sell their home
with Offerpad FLEX. Offerpad can help sell a home on the open
market with a custom listing powered by its full-service marketing
efforts, dedicated real estate experts, and complimentary concierge
services, such as cleaning, to prepare the home for sale. The
company also provides options for advances on home improvements and
renovations. FLEX listings also offer a backup cash offer to give
sellers peace of mind.
In a market where every day matters, buyers and sellers can also
save time and money with additional Offerpad solutions: Offerpad
homes for sale at buy.offerpad.com, and discounts of up to
thousands with Offerpad Bundle Rewards when using multiple Offerpad
services.
Local Expertise in Sacramento
Offerpad’s new availability in the Sacramento market reaches six
counties – El Dorado, Placer, Sacramento, Solano, Sutter and Yolo.
To stay current with trends and changes, Offerpad has assembled a
dedicated local team with expertise to better meet the unique needs
of area residents.
Sacramento General Manager, Matt McGill – founder of two real
estate companies and an experienced individual producer and manager
of agents in the area – now leads Offerpad’s local operations with
his team of directors and local support staff. “Real estate is
inherently complicated and today's market can be especially
challenging for both sellers and buyers,” said McGill. “Against
unprecedented market conditions and competition, Offerpad’s new
solutions in the area can really give residents an advantage.”
Following the company’s expansion into Sacramento as well as
Riverside and San Bernardino in February, Offerpad’s innovative
real estate solutions are now available in over 1,700 U.S. cities
and towns.
About Offerpad
Offerpad’s mission is to provide your best way to buy and sell a
home. Period. We use technology-enabled solutions to remake the
home selling and buying experience by offering customers the
convenience, control and certainty to solve their housing needs. We
combine our fundamental real estate expertise with our data-driven
digital “Solutions Center” platform to give users a holistic,
customer-centric experience, enabling them to efficiently sell and
buy their homes online with streamlined access to other services
including mortgage, listing and buyer representation services.
Visit Offerpad.com for more information.
Forward Looking Statements
Certain statements in this press release may be considered
forward-looking statements. Forward-looking statements generally
relate to future events or Offerpad’s future financial or operating
performance. For example, statements regarding Offerpad’s market
expansion plans, are forward-looking statements. In some cases, you
can identify forward-looking statements by terminology such as “pro
forma,” “may,” “should,” “could,” “might,” “plan,” “possible,”
“project,” “strive,” “budget,” “forecast,” “expect,” “intend,”
“will,” “estimate,” “anticipate,” “believe,” “predict,” “potential”
or “continue,” or the negatives of these terms or variations of
them or similar terminology. Such forward-looking statements are
subject to risks, uncertainties, and other factors which could
cause actual results to differ materially from those expressed or
implied by such forward-looking statements. These forward-looking
statements are based upon estimates and assumptions that, while
considered reasonable by Offerpad and its management, are
inherently uncertain. Nothing in this press release should be
regarded as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward-looking statements will be
achieved. You should not place undue reliance on forward-looking
statements, which speak only as of the date they are made. Offerpad
does not undertake any duty to update these forward-looking
statements.
*Offerpad pays local moving company directly for up to 50 miles,
2,800 sq. ft. home and max of 13,000 pounds. You are responsible
for any additional moving costs agreed on prior to move. Learn more
here.
Eligibility and prices vary. Real estate brokerage services
provided by Offerpad Brokerages.
Terms and conditions apply. To learn more, speak to your
Offerpad representative or visit www.offerpad.com/terms-of-use.
One or more employees of Offerpad or its affiliates are licensed
real estate agents, salespeople, or brokers in Alabama, Arizona,
California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas,
Missouri, Nevada, North Carolina, Ohio, South Carolina, Tennessee,
and Texas. Offerpad Brokerage CA, Inc. and Offerpad Brokerage FL,
LLC hold real estate brokerage licenses in multiple States. Visit
here for a list of our real estate broker licenses. Bundling and
saving services are not available in Alabama, Arkansas, Missouri,
and Tennessee.
TREC Info: Brokerage Services | Consumer Protection Notice
Offerpad Brokerage CA Inc. Real Estate broker, California
Department of Real Estate California DRE #2087915 © Offerpad
2022
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version on businesswire.com: https://www.businesswire.com/news/home/20220301005391/en/
David Stephan David.stephan@offerpad.com
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