Offerpad’s Agent Partnership Program: 3 Years of 3% to Real Estate Agents
July 26 2023 - 10:45AM
Business Wire
Since July 2020, nearly 65% of offer requests
have been from returning agents.
Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a leading
tech-enabled platform for residential real estate, is celebrating
the third anniversary of its Agent Partnership Program. Since 2020,
Offerpad has provided real estate agents with an industry-high
3% referral fee when completing a qualified sale of a client’s
home through the program in support of Offerpad’s continued
commitment to providing simple real estate solutions for all,
including the agent community.
The 3% referral fee has prompted nearly 130,000 requests from
agents to Offerpad in more than 1,700 cities and towns across the
country. With the popularity of competitive cash offers growing
among consumers over the last several years, agent interest in
requesting offers through Offerpad’s Agent Partnership Program
continues to increase:
- 65% of all agents who have requested an offer from Offerpad
have done so for more than one client
- Agents surveyed by Offerpad gave their experience a 92%
customer satisfaction score and an NPS of over 60
“We’ve supported thousands of agents across the country by
providing their sellers with an easy, fast, and convenient way to
sell their home,” said Brigham Weight, National Director, Business
Development. “We value our agent relationships and recognize their
hard work by providing a generous 3% referral fee on any qualified
completed sale from one of our cash offers to ensure they’re
well-compensated for their efforts when working with us.”
The 3% referral fee is paid on top of the agent’s seller-paid
commission – on every completed qualified sale every time. There is
no fee for agents to participate in the program.
“Selling directly to Offerpad offers sellers flexibility by
eliminating the need for showings and worrying about offer
contingencies, double mortgages, and the hassle of moving twice by
selecting their closing date. We also provide sellers with a free
local move,*” added Weight. “With Offerpad, agents can eliminate
the risk of losing a potential listing by requesting a cash offer
to present to their client at the same time. This way, the agent
can provide multiple selling options.”
*Restrictions apply. Visit www.offerpad.com/move-for-free for
more information.
About Offerpad
Offerpad’s mission is to deliver the best home buying and
selling experience. From cash offers and flexible listing options
to mortgages and buyer services, Offerpad has been helping
homeowners since 2015. We pair our local expertise in residential
real estate with proprietary technology to put you in control of
the process and help you find the right solution that fits your
needs. Visit Offerpad.com/agents for more information.
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