Offerpad is currently buying and selling homes in:
FAQ about Offerpad:
Offerpad is a large national iBuyer, or instant buyer. The Offerpad iBuyer program is the second largest in the nation and offers competitive pricing to purchase your home for cash, sight unseen.
Offerpad works by way of industry data and automated algorithms that enable them to value your home and make you an instant offer. Offerpad assesses recently listed and sold properties in your area to determine what they believe your home is worth, without even seeing it. They then present you with a cash offer for your home, usually within 24 hours. If you choose to accept their offer, you then get to decide the closing date of the sale. Offerpad will then arrange a house inspection and prepare the paperwork for your closing.
Offerpad’s head office is located in Chandler, AZ, though their iBuyer program is now practically nationwide. Offerpad is currently offering cash for homes in the following cities: Phoenix, AZ, Tucson, AZ, Birmingham, AL, Jacksonville, FL, Orlando, FL, Tampa, FL, Atlanta, GA, Las Vegas, NV, Charlotte and surrounding areas, NC, Raleigh, NC, Austin, TX, Dallas-Fort Worth, TX, Houston, TX, and San Antonio, TX.
That depends on what Offerpad estimates your home is worth. To find this out, Offerpad uses predictive market analysis and competitive offer information, which is then assessed by a team of real estate experts.
To get an instant estimate of what an iBuyer like Offerpad would pay for your home, simply enter your address in our iValuation tool.
Yes, Offerpad offers fair and competitive pricing, based on comprehensive pricing analysis.
Offerpad charges a service fee, usually between 6% and 10% of the sale price. Offerpad fees exclude normal transaction costs involved with selling a home, such as commission to a buyer’s agent, holding costs, and taxes.
Offerpad is the second largest iBuyer in the USA, after Opendoor, and has purchased thousands of homes to date.
Offerpad typically purchases single family residential homes, including condos and townhomes, that were built after 1960, have less than one acre of land, and are valued under $600,000.
Offerpad will usually make you a cash offer within 24 hours.
No, Offerpad does not pay closing costs or include them in their fees, because closing costs can vary significantly based on your location.
Yes, while Offerpad ensures that the price they offer is fair and competitive, they are open to hearing your feedback. If after hearing from you they feel they may have missed something that adds value to your home, they’ll re-evaluate your property.
What’s great about Offerpad is they let you choose the closing date. Depending on which state your house is in, there will be a minimum closing time of approximately 8 to 15 business days, after which you can select any date you prefer up to 90 days from the date you accept their offer.
Yes, Offerpad also sells homes and currently offers the perk of a flexible move-in date when you buy a home from Offerpad.