Offerpad brings new solutions to residential real estate in Sacramento | Business

CHANDLER, Ariz.–(BUSINESS WIRE)–March 2, 2022–

Block of offers (NYSE: OPAD), a leading technology platform for residential real estate, today announced its expansion into the Sacramento metro area. Now available in more than 50 surrounding cities and towns, Offerpad brings the certainty and flexibility needed to compete in the marketplace with around-the-clock cash offers, personalized enrollment solutions, flexible closing dates, and rewards. Bundles from Offerpad.

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Offerpad today announced its expansion into the Sacramento metro area. Now available in more than 50 surrounding cities and towns, Offerpad brings the certainty and flexibility needed to compete in the marketplace with around-the-clock cash offers, personalized enrollment solutions, flexible closing dates, and rewards. Bundles from Offerpad. (Graphic: Business Wire)

“Offerpad’s goal is to take much of the stress out of buying and selling to create a whole new experience for owners,” said Brian Bair, president and CEO of Offerpad. “We are replacing the hurdles of traditional real estate with modern features that empower our clients. Homeowners today are looking for convenience, certainty and control in everything they do – and it doesn’t stop with real estate. Offerpad is designed to meet these requirements and exceed expectations everywhere we operate.

Offerpad provides a competitive advantage for home sellers and buyers in today’s market

In California and many other markets across the country, homebuyers are facing a new level of competition in an environment where inventory is tight. Owners who sell to Offerpad can enjoy many benefits, including:

  • Cash offer on their home within 24 hours of request
  • No need for open houses, cleaning, repairs or prepping their home
  • Freedom to choose your closing date and flexibility to change it as needed
  • Free extended stay in their house sold for up to three days
  • Cash proceeds from the pending sale no later than the business day following the close
  • Free local moving*

Offerpad can help sellers become more competitive buyers in today’s market where inventory is limited and homes are selling 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 eliminate the need to move twice or juggle two mortgages.

Cash offer not for you? No problem, Offerpad is here for you

If the company’s cash offer option, Offerpad EXPRESSis not suited to the needs of a homeowner, sellers may choose to sell their home with Offerpad FLEX. Offerpad can help you sell a home on the open market with a personalized listing powered by its full-service marketing efforts, dedicated real estate experts, and free concierge services, such as cleaning, to prepare the home for sale. The company also offers advance options on home improvements and renovations. FLEX listings also have a backup cash offer to give sellers peace of mind.

In a market where every day counts, buyers and sellers can also save time and money with additional Offerpad solutions: Offerpad homes for sale in buy.offerpad.comand discounts of up to thousands with Offerpad Pack 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 on top of trends and changes, Offerpad has assembled a dedicated local team with expertise to better serve the unique needs of area residents.

Sacramento General Manager Matt McGill – founder of two real estate companies and an experienced individual producer and agent manager in the region – now leads local operations for Offerpad with his team of directors and local support staff. “Real estate is inherently complicated, and today’s market can be particularly challenging for sellers and buyers,” McGill said. “In unprecedented market and competitive conditions, Offerpad’s new solutions in the region can really give residents an edge.”

Following the company’s expansion to Sacramento as well as Riverside and San Bernardino in February, Offerpad’s innovative real estate solutions are now available in more than 1,700 US cities.

About Offerpad

Offerpad’s mission is to provide your best way to buy and sell a home. Period. We use technology solutions to redefine the experience of selling and buying homes by giving customers the convenience, control and certainty to solve their housing needs. We combine our core real estate expertise with our data-driven “Solution Center” digital platform to provide users with a holistic customer-centric experience, enabling them to effectively sell and buy their homes online with simplified access to other services, including mortgage, listing and buyer representation services. To visit Offerpad.com for more information.

Forward-looking statements

Certain statements contained in this press release may be considered forward-looking statements. Forward-looking statements generally relate to future events or the future financial or operating performance of Offerpad. For example, statements regarding Offerpad’s market expansion plans are forward-looking statements. In some cases, you can identify forward-looking statements by words such as “pro forma”, “may”, “should”, “could”, “might”, “plan”, “possible”, “draft”. , “to strive”. “, “budget”, “plan”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or ” continue”, or the negatives of these terms or their variants or similar terminology. These forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. These forward-looking statements are based on estimates and assumptions which, although considered reasonable by Offerpad and its management, are inherently uncertain. Nothing in this press release should be taken as a representation by anyone that the forward-looking statements set forth herein will be realized or that any of the results contemplated by 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 undertakes no obligation to update these forward-looking statements.

*Offerpad pays the local moving company directly for up to 50 miles, a 2,800 square foot home and up to £13,000. You are responsible for any additional moving costs agreed upon prior to the move. Learn more here.

Eligibility and prices vary. Real estate brokerage services provided by Offerpad Brokerages.

Terms and conditions of application. To learn more, talk 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 several states. To visit here for a list of our real estate broker licenses. Consolidation and savings services are not available in Alabama, Arkansas, Missouri and Tennessee.

TREC info: Brokerage services | Consumer Protection Notice

Brokerage Offerpad CA Inc.

Real Estate Broker, California Department of Real Estate

California DRE # 2087915

© Offerpad 2022

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CONTACT: David Stephan

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA ARIZONA

INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY RESIDENTIAL BUILDING AND REAL ESTATE SOFTWARE CONSTRUCTION AND REAL ESTATE INTERNET

SOURCE: Offerpad

Copyright BusinessWire 2022.

PUBLISHED: 03/02/2022 09:03/DISC: 03/02/2022 09:03

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