Offerpad Brings New Solutions to Residential Real Estate in Sacramento

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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“Against unprecedented market conditions and competition, Offerpad’s new solutions in the area can really give residents an advantage.”

“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:

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  • 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.

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