Offerpad
- Company typePublic
- Founded2015
- HeadquartersChandler, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Offerpad firmographics
Firmographics- Name
- Offerpad
- Legal name
- Offerpad Solutions Inc.
- Website
- https://offerpad.com
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Offerpad industry classification
Industry- Product category
- Residential Real Estate iBuying Services
- NAICS
- Offices of Real Estate Appraisers (53132), Other Computer Related Services (541519)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Mortgage Comparison, Marketplace & Rate-Shopping Platforms (FSALABAJ)
- akta.pro secondary industries
- Product, Pricing & Eligibility (PPE) / Rate Lock & Pricing Engines (FSALALAC), Mortgage Point-of-Sale (POS) & Borrower Intake Portals (FSALALAD)
Keywords
Where Offerpad is headquartered
LocationHeadquarters
- HQ city
- Chandler
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Offerpad business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Cash Offer Service Fees: Offerpad charges a 5% service fee on the purchase price for completing cash offers, allowing sellers to skip listing hassles and costs. This is the primary revenue driver from direct home purchases.
- Agent Referral Fees: The Agent Partnership Program pays 3% referral fees to agents and brokers when their clients sell homes to Offerpad, less a $300 transaction fee. Homes already listed are not eligible.
- Renovate Services: Asset-light renovation services for property management companies, commercial buyer groups, individual SFR investors, short-term rental investors, and developers. Reported $6.4 million in Renovate revenues in Q2 2025.
- HomeBuilder Partnership Fees: Revenue from partnerships with homebuilders where Offerpad facilitates home purchases for buyers purchasing new construction, eliminating contingencies for builders.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Cash Offer Service - 5% fee plus ~1% closing costs |
| Transaction based/ take rate | Pay-as-you-go | Agent Partnership Referral Fee - 3% at closing |
Go-to-market motion3 records
Distribution channels7 records
Marketing channels8 records
Offerpad product offering
Product offeringCore offering
Offerpad is a tech-enabled residential real estate platform that provides homeowners with direct cash offers to purchase their homes, enabling closings in 8-60 days without showings, repairs, or financing contingencies. The company also operates an integrated ecosystem of complementary services including a Cash Offer Marketplace, HomePro in-home consultations, the Agent Partnership Program (3% referral fees), Homebuilder Services (contingency elimination for new construction), Renovate B2B renovation services, and traditional listing services. AI platforms SCOUT and HENRY power customer intake, offer construction, inspection estimation, and portfolio management.
Product overview
Offerpad is a tech-enabled residential real estate platform offering multiple transaction paths through a single integrated system. The core offering is the Cash Offer program, which provides direct home purchases with cash offers. This is supported by the Cash Offer Marketplace, which expands scale and capital efficiency, and traditional Listing Services for sellers who want market exposure. The platform also includes HomePro (certified agent in-home consultations), Renovate (turnkey renovation services), Agent Partnership Program (3% referral fees for agents), Homebuilder Services (builder partnership solutions), and Brokerage Services. In March 2026, Offerpad launched two proprietary AI platforms: SCOUT (AI-powered intake and routing system) and HENRY (portfolio intelligence for property lifecycle management). Additional services include a free local move benefit and a vendor partnership network. The company operates in more than 1,800 cities and towns across the United States.
Differentiator
Problem solved
Functional benefit
Brands
- HomePro: A next-generation real estate brokerage program that brings certified agents directly into sellers' homes to present available solutions including cash offers and listing options.
- Renovate
Products and services
- Cash Offer Offerpad's flagship direct home-buying service that delivers competitive cash offers to homeowners within 24 hours and closes in 8-60 days with no showings, no repairs, and no financing contingencies. Includes a 5% service fee and approximately 1% closing costs.
- Cash Offer Marketplace A marketplace-enabled transaction capability that connects homeowners with multiple selling options including direct cash offers and traditional listings through a single integrated platform. Expands scale and improves capital efficiency without increasing balance-sheet risk.
- HomePro A next-generation real estate brokerage program in which certified HomePro agents visit sellers in their homes to present available solutions, including cash offers and listing options, helping sellers determine the best fit. Available nationwide across all markets.
- Renovate Turnkey B2B renovation service that manages entire renovation projects for property management companies, commercial buyer groups, individual SFR investors, short-term rental investors, and developers. Backed by 1,300+ licensed, bonded, and insured contractors in 22 cities.
- Agent Partnership Program A referral program for real estate agents and brokers that allows them to bring clients more than one selling option (cash offer or traditional listing) while earning a 3% referral fee paid at closing. Over 25,000 agents and brokers have participated since 2020.
- Homebuilder Services Service for home builders that helps buyers sell their current homes faster so builders can close new-home sales more quickly. Cash offer responses returned within 1 hour. Partnership with 40+ top builders in the U.S.
- Listing Services Traditional listing services offering market exposure, competitive pricing, trusted agent guidance, and high-touch experience for sellers who want to test the open market before committing to a cash offer.
- Free Local Move Complimentary moving service included with cash offer sales: one 16-foot container (830 cu ft, 3-4 rooms, up to 6,000 lbs) within an 80-mile radius. Differentiated customer benefit bundled with the Cash Offer service.
- Brokerage Services Licensed real estate brokerage services enabling agents to facilitate transactions and earn referral fees, including access to Offerpad's proprietary technology platform and training resources across multiple states.
- Vendor Partnership Program Program for skilled vendors (contractors and trade partners) to support Offerpad's home buying and renovation operations across metro markets including Atlanta, Austin, Charlotte, Dallas, Houston, Las Vegas, Orlando, Phoenix, Tampa, and others.
Quantifiable outcome
- 200+ basis point improvement in home contracting rates following Scout AI deployment
- +5 more outcomes
Companies that use Offerpad
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Offerpad technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability5 records
Feature5 records
Offerpad partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Renovate Program PartnerscorePartnership with large national brands for supply chain needs, leveraging national buying power for competitive pricing and consistent support for local renovation teams. Supports the company's asset-light renovation services strategy.
- HomePro Certified BrokeragescoreHomePro program certifies agents across 12+ brokerages to bring solutions directly into sellers' homes during inspections. Agents present cash offer and listing options while earning referral fees.
- Home Builders (40+ Top Builders)corePartnerships with national, regional, and local homebuilders to help buyers sell their current homes, eliminating contingencies and enabling faster new construction closings. Builders receive cash offer responses within 1 hour.
- Anywhere (Formerly Anywhere Brands)minorPartnership to serve home sellers beyond Offerpad's current market reach, expanding geographic coverage through Anywhere's agent network.
- Clemson UniversityminorOfficial partner of the Clemson Tigers athletic program, positioning Offerpad as a community supporter and regional brand builder.
- Keller WilliamsminoriBuying program launch in Birmingham with Keller Williams, allowing agents to refer clients for cash offers through Offerpad.
- loanDepotminorPartnership to create more customer-centric real estate experiences through integrated mortgage and home buying/selling services.
- First American Title (Arizona)minorTitle and closing services provider for Arizona transactions, ensuring title legitimacy and issuing title insurance while maintaining escrow accounts and handling transaction funds.
- Stewart Title (Alabama)minorTitle and closing services provider for Alabama transactions, ensuring title legitimacy and issuing title insurance while maintaining escrow accounts.
- Title Companies (Multiple States)minorTitle and closing services providers across Colorado, Florida, Georgia, Indiana, Missouri, North Carolina, Ohio, Nevada, South Carolina, Tennessee, and Texas markets.
Scale indicators15 records
Recent moves7 records
Offerpad competitors and assessment
Company assessmentDirect peers
- Opendoor Technologies: Largest pure-play U.S. iBuyer, buying and reselling homes directly via cash offers with an integrated technology platform. Closest direct competitor to Offerpad's core Cash Offer business, with similar exposure to housing volumes and spreads.
- Redfin: Tech-enabled residential brokerage and real estate marketplace offering cash-offer partnerships, agent services, and direct home buying (RedfinNow). Comparable target customer (home sellers) and overlapping agent-partnership model.
- Knock: iBuying and home trade-in platform that buys the customer's existing home to enable a new purchase, directly competing with Offerpad's Cash Offer and HomeBuilder Services offerings.
- Orchard: Tech-enabled real estate brokerage with a home trade-in / cash offer product targeting move-up buyers, overlapping Offerpad's Cash Offer Marketplace value proposition.
Broad incumbents
- Zillow Group: Operates the dominant U.S. residential real estate marketplace (Zillow, Zillow Offers previously, Zillow Premier Agent, Zillow Home Loans). Overlaps with Offerpad via buyer/seller leads, agent referrals, and prior iBuying experience, and competes for the same home-seller audience.
- Compass: Large national tech-enabled residential real estate brokerage with an agent platform and Compass Cash Offer / Coming Soon products. Comparable on brokerage, agent tools, and adjacent cash-offer capabilities.
- eXp World Holdings: Cloud-based residential real estate brokerage with a large distributed agent network. Competes for agent mindshare and seller lead flow that Offerpad also targets via its Agent Partnership Program.
Emerging players
- HomeLight: Real estate technology platform connecting consumers with agents and providing cash-offer / trade-in products (HomeLight Cash Offer, Simple Sale). Overlaps Offerpad in seller-facing cash offers and agent enablement.
- Roofstock: Marketplace for single-family rental investment properties, with adjacent property management and renovation services. Comparable to Offerpad's Renovate B2B line and broader real estate investment workflows.
- Sundae: Residential real estate marketplace focused on off-market and as-is home sales, offering sellers cash-style certainty through a partner network. Overlaps Offerpad's Cash Offer target segment with a marketplace-driven model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Offerpad social profiles
Digital presenceOfferpad compliance and trust
Trust signalCompliance3 records
Offerpad financial estimates
Financial estimateRevenue estimate
Valuation estimate
Offerpad leadership team
Management profileNumber of profiles
Profiles14 records
Offerpad subsidiaries and ownership
Company hierarchySubsidiaries1 record
Offerpad funding detail
Funding detailFunding overview
Funding rounds11 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Offerpad M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Offerpad
What does Offerpad do?
Offerpad is a tech-enabled residential real estate platform that provides homeowners with direct cash offers to purchase their homes, enabling closings in 8-60 days without showings, repairs, or financing contingencies. The company also operates an integrated ecosystem of complementary services including a Cash Offer Marketplace, HomePro in-home consultations, the Agent Partnership Program (3% referral fees), Homebuilder Services (contingency elimination for new construction), Renovate B2B renovation services, and traditional listing services. AI platforms SCOUT and HENRY power customer intake, offer construction, inspection estimation, and portfolio management.
Is Offerpad a public or private company?
Offerpad is a public company. It is classified as public and is currently operating.
When was Offerpad founded?
Offerpad was founded in 2015. It employs 101 to 250 people.
Where is Offerpad based?
Offerpad is headquartered in Chandler, United States, in the North America region.
How does Offerpad make money?
Four revenue lines are on record. Cash Offer Service Fees are the primary driver. The others are agent Referral Fees, renovate Services and homeBuilder Partnership Fees.
Who are Offerpad's main competitors?
Direct peers on record are Opendoor Technologies, Redfin, Knock and Orchard. Broad incumbents are Zillow Group, Compass and eXp World Holdings. Emerging players are HomeLight, Roofstock and Sundae.
Does Offerpad have an API?
No public API is recorded for Offerpad.
What industry is Offerpad in?
Offerpad's product category is Residential Real Estate iBuying Services. Its primary akta.pro industry code is FSALABAJ, Mortgage Comparison, Marketplace & Rate-Shopping Platforms, with a secondary code of FSALALAC, Product, Pricing & Eligibility (PPE) / Rate Lock & Pricing Engines. Its NAICS code is 53132 and its SIC code is 6531.