Offerpad is an online home selling platform that revolutionised the real estate industry with its innovative approach to home selling. Zillow acquired Offerpad in 2020, and it now powers Zillow’s instant offer platform. It offers homeowners a fast, simple, and convenient way to sell their home without hassle. It eliminates the need for expensive commissions, lengthy contracts, and other time-consuming processes.
Read on to find out more about Offerpad’s services and how it can help you when you are looking to sell your home.
Overview of Offerpad
Offerpad is a leading national homebuyer and modern real estate services company, committed to delivering an outstanding experience and making it easy for people to buy and sell their home.
It works differently than most traditional real estate companies. Its home buying strategy offers a direct-to-consumer approach, often with no closing costs. For those who need to sell, Offerpad simplifies the process by offering an exclusive Home Sale Solutions program–an innovative suite of options allowing customers to go from contract to close without listing on the open market.
By providing superior customer service and clear communication throughout the process, Offerpad saves customers time, money, and stress. It has already helped thousands of individuals buy their dream homes or sell quickly with hassle-free transactions in the US.
Offerpad also provides free resources for anyone considering selling or buying a home such as state-of-the-art online tools for exploring available houses in any area, tips for sellers about getting maximum value for their property or advice on packing like an expert during the move.
Offerpad, a Home Selling Platform Now Acquired by Zillow
Offerpad is a unique home selling platform that helps people quickly sell their houses without the hassle of going through the traditional real estate process. It was acquired by Zillow in 2021 and has since become a popular choice for homeowners looking to quickly and easily sell their homes.
Offerpad’s platform allows homeowners to receive offers on their homes in as little as 24 hours and to complete the entire transaction within 14 days. Read on to learn more about what Offerpad does and how it can help you.
Offerpad is a real estate technology company that helps people buy and sell homes quickly, conveniently, and with certainty. Through their direct home-buying program and innovative technology platform, Offerpad streamlines the buying and selling of a home. So whether someone is looking to move quickly or take time to find their next ideal home, Offerpad provides an easier approach to real estate transactions.
Offerpad’s services include:
- Cash Offers: With their cash offers program, Offerpad provides eligible homeowners with a no-obligation cash offer in as little as 24 hours after completing the online application.
- Premier Listings: Their premier listings allow sellers to market their home on multiple websites before an offer is accepted from a qualified Buyer so they can be confident they’re getting top dollar for their former home.
- All Cash Closing: For those who accept a cash offer from Offerpad , or any sale through one of its Premier Listings, they can guarantee a no-fuss closing process with all cash up front at signing to ensure practicality and convenience.
- Moving Services: As part of Seller’s experience with Offerpad , they provide access to affordable moving services including packing material recommendations, discounted moving boxes and competitive rates on full service relocation assistance by licensed movers throughout the U.S.
- Online Services Portal: To make the buying/selling process more efficient, Accessportal provides homeowners access to all necessary paperwork while also offering virtual tours, property information requests and updates on property sales all in one place!
How Offerpad Helps Homeowners
Offerpad is an online platform for home-selling that provides homeowners with a simple, straightforward way to take back control of the sale of their home. Offerpad utilises a fully virtual process to enable buyers and sellers to move through the sale quickly, get excellent value and provide a stress-free experience in one seamless process.
Offerpad’s innovative technology and modern approach give homeowners more confidence while selling their home since they are in full control throughout the transaction. We bridge the gap between buyers and sellers by providing qualified buyers with ethical offers on pre-inspected homes. With Offerpad, you have more options, like specialised financing or our Express Home Sale program that allow you to walk away from closing without having to make any repairs or pay for typical listing costs associated with selling your home through an agent. You’ll get an immediate purchase decision within hours so there’s no long wait time – no need to wait weeks for buyer financing or appraisal delays – just an answer when it works best for you.
Not only do we make it easier for sellers, but our services help buyers too by making them feel secure in their purchase decision and allowing them to benefit from special financing options available directly through Offerpad. Our simplified process eliminates doubt through transparency and convenient digital capabilities, like scheduling viewings at any time of day or signing documents online. Our customer service representatives are always available should any question arise about an offer or contract during the entire experience. Whether buying or selling your home; Offerpad suggests you think again about how it can be done better – why not try us out today?
Offerpad’s Acquisition by Zillow
On April 3rd 2021, Offerpad, an innovative and customer-focused home selling platform, was acquired by Zillow. This acquisition has caused a stir in the real estate industry, as it adds a customer-first approach to Zillow’s toolkit. With this new acquisition, Zillow expands its services to a more comprehensive home buying and selling experience.
Let’s discuss this acquisition and what it means for the real estate industry:
Benefits of the Acquisition
The May 2020 acquisition of Offerpad by Zillow Group brings numerous benefits to companies, their customers, and the real estate industry.
For Offerpad, this acquisition provides a potentially wider customer base, further capitalising on its technology platform and leveraging its real estate team’s deep experience in creating path breaking user experiences. Additionally, by joining forces with Zillow Group’s family of brands – all focused on making the home buying process easier for consumers – Offerpad will be able to expand its reach and impact.
For Zillow Group, the acquisition presents an opportunity to bring more buyer and seller options to the millions of homeowners who turn to its platforms daily. The addition of Offerpad also complements Zillow OffersTM – which offers buyers an opportunity to instantly purchase homes online – by providing a viable option for those looking for a more traditional option to buy or sell their home.
Regarding customers, this merger ensures that they are presented with an even wider range of services to help them make an informed decision when it comes time the purchase or sale of their home. With properties located across 15 states and growing, those who turn either company – individually or as part of this new collaboration – will have unprecedented access market-ready properties with simplified processes such as:
- Cash offers
- Convenient lease-to-own options
How the Acquisition Affects Homeowners
On the surface, the acquisition of Offerpad by Zillow appears to be a win-win situation. The widely-used real estate service owns more than 4,000 homes and provides accelerated buying and selling services. This allows homeowners a fast and efficient way to buy or sell their home. In addition, homeowners will benefit from leveraging Zillow’s massive digital resources to effectively market their home.
In addition, this move could bring increased flexibility for homeowners looking to buy or sell in different markets. With Zillow’s broad network of brokers and agents, homeowners can expect a smoother, more cost-effective process when buying or selling their home. This could open up many opportunities for those looking to move up or downsize within their current market that may not have been accessible before.
Finally, with the acquisition comes an expected integration of Offerpad into the Zillow platform. This would give Sellers an unparalleled reach when marketing their properties on one of North America’s top real estate listings sites. In addition, homeowners will have access to a wide array of resources such as pricing advice help in staging homes for sale and visibility on millions of websites across multiple countries where potential buyers might be sourced from if they choose Explore Offers powered by Offerpad on Zillow’s site. Overall this is great news for both buyers and sellers and sets up what should be an impressive level of service that was not previously available with either entity alone.
In conclusion, Offerpad is an invaluable platform for those looking to sell or buy a home quickly. Since its acquisition by Zillow, the platform’s offerings have become even more valuable, as Zillow allows users access to a greater variety of services. Offerpad can now also provide users with a free in-home estimate, free home staging, and free home repair. With these additional services, Offerpad has become an even more attractive option for those looking to buy or sell a home quickly and efficiently.
Summary of Offerpad’s Services and Benefits
When looking for support to move, sell, or even buy a home, Offerpad can provide flexible solutions for your needs. As an online real estate solutions provider, Offerpad offers:
- Selling services: Offerpad allows you to drastically reduce the amount of time needed to list and sell your home. Acting as an agent for the seller, we streamline the process and can make cash offers in as little as 24 hours.
- Buying services: With the Offerpad app, you can quickly search and view hundreds of local homes with a few simple clicks. We also offer “Direct Buying” which includes pre-qualified loan options and money back guarantees.
- Moving Service: Offerpad handles all aspects of moving and relocation easily by pairing clients with experienced movers who are vetted by our team. Additionally, we have partnered with some of the top moving companies in the industry offering discounts on every move.
Offerpad also ensures our customers receive helpful customer service whenever they have questions or concerns during their buying journey. Our online concierge team is available 24/7 for support and our website provides helpful resources so that you’re well informed throughout relocating or selling your house from start to finish!