Offerpad Reviews: Everything You Need to Know

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By Katy Byrom Updated December 13, 2023

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Offerpad customer reviews | What is Offerpad? | How Offerpad works | Offerpad fees | Top alternatives to Offerpad | FAQ

What do you get with Offerpad?

Offerpad can give you the convenience of a cash offer for your home and a fast closing on a date you choose. The company provides cash offers within 24 hours of filling out its online form, and it can close in just 8 days in most markets or up to 90 days if you need more time.

Customer reviews show that most sellers have a positive experience with Offerpad. However, negative reviews have become more common in the past year, and offers aren’t as close to market value as they used to be.

Be sure to compare Offerpad's offer against a few others. That way, you can maximize your chances of getting a fair price while still enjoying a quick sale.

Should you use Offerpad?

Pros

  • Speed. You’ll get an initial offer within 24 hours, and you could close in just a couple of weeks.
  • Convenience. You can skip the home prep, open houses, and showings of a traditional sale. Offerpad can also take care of the repairs, if you choose.
  • Flexible closing. You can choose your own closing date, and you can even stay after closing for free for up to three days.

Cons

  • Final offer may be low. Offerpad is unlikely to offer as much for your home as you’d get by selling on the open market. Its final offer (given after the inspection) may also be lower than its initial one.
  • Not all homes qualify. Offerpad only buys homes in decent condition, built after 1950, and worth under $1 million.

Offerpad can be a good option if your priorities are to sell quickly and avoid the inconvenience of showings and home prep.

But you’ll likely make less from your sale than you would by listing with a real estate agent. And Offerpad’s 5% service fee, alongside repair and closing costs, will eat into your profits.

It’s in your best interest to compare Offerpad's offer with offers from other cash buyers and with your home’s market value. Doing this can empower you to choose the best offer and negotiate more effectively with potential buyers.

Get competing cash offers — no fees or commissions

Compare multiple offers from trusted cash buyers in your area against the sale price you'd get with an agent. This service from Clever Offers is free, and there's no obligation to move forward with an offer. Simply tell us about your property, and we'll do everything we can to get you the best possible offers for your home.

What is Offerpad?

💰 Service fees 5%
⏱️ Closing timeline As little as 8 days
Average customer rating 4/5 (2,706 reviews)
📍 Locations 21 metro areas across AZ, CO, FL, GA, IL, IN, KS, MO, NV, NC, OH, SC, TN, TX
Show more

Offerpad is an iBuyer, a company that uses technology and an automated valuation model to buy homes.

Like its competitors, Offerpad’s goal is to rethink the way real estate transactions unfold. Its cash offers provide an alternative to the time-consuming and uncertain process of preparing, listing, and marketing a home on the open market.

Once Offerpad purchases your home, it completes any repairs or renovations before relisting it on the open market.

In exchange for these services, Offerpad charges sellers a 5% service fee, plus repair and closing costs. If a seller backs out after accepting an offer, Offerpad may charge a 1% cancellation fee.

Is Offerpad legit?

Yes. Offerpad is a legitimate business that buys and sells homes and is listed on the New York Stock Exchange.

Launched in mid-2015, Offerpad was the second-ever iBuyer after Opendoor, and it's still the second-largest iBuyer in the country. After a quiet start,[1] the company raised $260 million in 2017[2] and began to expand across the US.

In 2021, Offerpad continued its growth, expanding its revenue to $2 billion and increasing its total transactions by 58% from two years before.[3] However, the cooling real estate market caused Offerpad to contract.

As of late 2023, the company is slowly increasing its home purchases again and aiming to become profitable by 2024. But its growth is far from what it was during the pandemic.[4]

How does Offerpad make money?

Offerpad makes money by buying homes in areas with high buyer demand and then reselling them for a profit. It also charges sellers a 5% service fee.

The company offered close to fair market value during the COVID-19 pandemic — when real estate prices were rising rapidly — but it has since scaled back its offers. By keeping its offers relatively low, it has improved its profit margins.

Offerpad also provides home loans through Offerpad Mortgage, which allows it to make money via fees and interest.

Finally, Offerpad recently announced a partnership with Anywhere (formerly Realogy). Anywhere owns several real estate brands and brokerages, including Century 21, Coldwell Banker, and Sotheby’s International Realty.

Offerpad sends Anywhere agents referrals for sellers who contact Offerpad but are outside of its iBuying markets (presumably in exchange for a fee).

Offerpad locations

Offerpad buys and sells homes in these 21 metro areas:

  • Arizona: Phoenix
  • Colorado: Colorado Springs, Denver, Fort Collins
  • Florida: Jacksonville, Orlando, Tampa
  • Georgia: Atlanta
  • Indiana: Indianapolis
  • Kansas: Kansas City
  • Missouri: St. Louis
  • Nevada: Las Vegas
  • North Carolina: Charlotte, Raleigh
  • Ohio: Columbus
  • South Carolina: Columbia
  • Tennessee: Nashville
  • Texas: Austin, Dallas–Fort Worth, Houston, San Antonio

Offerpad reviews from real customers

Rating Total reviews
Weighted avg. 4.0/5 2,758
Google 4.1/5 2,202
Better Business Bureau 4.1/5 264
Reviews.io 2.1/5 25
Trustpilot 3.2/5 181
Yelp 1.5/5 59
Show more

What customers liked about Offerpad

Sellers praised Offerpad's customer service

The positive reviews we read often praise Offerpad's customer service. Customers were especially impressed with how accessible the company reps were, which helped create an easy sale process.

As one customer said, “[Offerpad’s] representative was always available to answer any questions I had, irrespective of the time or day.”

Another reviewer noted, “The communication was stellar! Extremely friendly and kind team that guided me and never missed an email or a question I had.”

Customers felt that Offerpad kept its promises

Most customers said that Offerpad worked just as advertised, allowing them to sell fast and without any unwanted surprises. Reviews use language like "no surprises" and "great from start to finish."

One customer said, “This was the easiest process from start to finish. Within 3 weeks we had the inspection and closing with no issues at all. The offer was exactly what we anticipated and we had our funds wired the same day as the closing.”

Similarly, another reviewer said, “I felt completely supported and did not have one single issue with a seamless experience. I sold my home to them and they were very honest and zero surprises.”

Common complaints about Offerpad

Final offers were less than initial offers

Some customers complained that their final offer was significantly less than the initial offer.

As one customer noted, “Offerpad decreased their offer by almost 35000 (almost 8 percent of the sale price) after their 10 day inspection period.”

Often, these reductions were due to issues uncovered during the inspection. Some reviewers felt the steep repair costs were unjustified.

For example, one seller said, “They offer you a good price for your house, make you think that everything is good. They do an inspection and fill it with items that do not cost very much, like light bulb needs replaced or lock on bathroom door doesn't latch. They then tell me they need to take 62k off the purchase price for 'repairs' but do not offer an itemized list with prices for each item.“

Buyers complained about the quality of repairs

Among the complaints, we found a common thread of dissatisfaction with Offerpad's repairs. Several Offerpad reviews report that the company promised multiple repairs that were either subpar or left incomplete.

For instance, this person said, “I wish I could leave photos here to show just how bad some of the work was done. New cracked tiles on the countertops and floor, raw unpainted wood on eave replacement, paint on the skylight from roofing work.”

Buyers especially thought that the repair contractors provided low-quality repairs, which led to unexpected expenses for the new homeowners.

For example, one buyer complained, “The brand new AC unit that Offerpad said [they] put in was so badly damaged due to poor installation that it does not work at all. So I have to pay to have an entire brand new unit installed because of either Offerpad's dishonesty with the repair or poor choice of contractors.”

How Offerpad works

Sell to Offerpad | List with Offerpad | Buy from Offerpad | Additional services

Offerpad’s main service is an iBuying program called Offerpad Express, where you sell your house directly to Offerpad for cash.

The company also offers a listing service called Offerpad Flex, which is similar to listing with a traditional real estate agent.

Buyers can purchase homes directly from Offerpad and use the company’s home loans division called Offerpad Mortgage (or Offerpad Home Loans).

You can also bundle services, such as buying, selling, and getting a mortgage, all through Offerpad.

Selling with Offerpad Express

✅ Offerpad’s cash offers are worth considering if:

  • Selling on your timeline is more important than getting top dollar
  • You don’t want to prepare, list, or show your home
❌ You may want to avoid Offerpad’s cash offers if:

  • Your top priority is getting the most money for your home
  • You’re in no rush to sell and can shop around for competing offers
Show more

Step 1: Submit your information

To receive an initial cash offer, submit your address and contact info online.

The website will guide you through the process, prompting you to provide your desired closing date and the following information about your house:

  • Square footage
  • When it was built
  • Layout
  • Permitted and unpermitted additions
  • Countertops and flooring
  • Appliances
  • Landscaping

A lot of this information will be autofilled based on the information Offerpad has about the address. However, you'll have to complete some things yourself.

The process is simple and takes only a few minutes to complete. First, Offerpad will ask specific questions about the house's features:

Screenshot of Offerpad submission form asking about flooring.

Offerpad will also want to know about the community your house is in.

Screenshot of Offerpad submission form asking about the surrounding community.

Then it'll ask about your desired closing date.

Screenshot of Offerpad submission form asking about the surrounding community.

Step 2: Accept the offer

Once you submit your information, you'll receive an initial cash offer, contingent on a home inspection, in about 24 hours. You’ll have four days to decide whether to accept, after which your offer will expire. (After this point, you can renew your offer — but it may be higher, lower, or the same.)

When you accept Offerpad’s cash offer, you’ll have to sign a legally binding contract to progress to the next step. However, if the inspection results in Offerpad changing its offer, you can walk away without penalty.

If you feel the offer is too low, you can question Offerpad’s reasoning or point out anything the company may have missed. However, there’s no guarantee that Offerpad will adjust its offer.

Step 3: Complete the inspection

Within 15 days of getting your initial offer, Offerpad will send a third-party inspector to your property.

This part of the process will be the same as a traditional sale. The inspector will spend about two hours combing over every inch of your property, looking for issues such as water damage, structural problems, and general wear and tear.

Offerpad requires homeowners to be present for the inspection, so it’ll be a good idea for you to follow along and ask questions as the inspector evaluates your property. This can help avoid any surprises.

Step 4: Receive an updated offer

After the inspection, Offerpad will provide an estimated cost of any necessary repairs.

At this point, Offerpad might also update its cash offer — or back out entirely if your home doesn’t meet its criteria.

If you're able to move forward, you’ll have options for how to proceed:

  • Accept a credit equivalent to the cost of repairs
  • Agree to hire contractors to make the repairs to Offerpad’s specifications
  • Cancel the purchase agreement without penalty

Note that for especially pricey repairs, you may be required to agree to Offerpad’s repair credit to proceed with the transaction.

Our conversations with Offerpad employees revealed something important to consider. If you want to reject Offerpad’s updated offer, you only have four days to do so — after which you’ll be charged a cancellation fee equivalent to 1% of the offer price.

The fee is not disclosed on Offerpad’s website or in its terms of use.

This is a tight window that will make it difficult to conduct your own inspection, receive estimates from contractors, or negotiate with Offerpad.

Step 5: Close

One of Offerpad’s key benefits is a flexible closing date. You can schedule your closing date 8–90 days after accepting Offerpad’s cash offer.

You can also arrange to stay in your home up to three days after closing through the company’s Extended Stay program.

Two days before closing, Offerpad will schedule a walk-through to ensure all repairs have been completed. Unfinished or inadequate repairs could delay closing.

If everything looks good, you can proceed to the closing table. You’ll be responsible for paying closing costs (typically 1–3% of the purchase price).

Offerpad uses third-party vendors for title company services, depending on the location:[5]

  • Arizona, Colorado, Florida, Indiana, Nevada, Ohio: First American Title
  • Alabama: Statewide Title Services
  • Georgia, North Carolina, South Carolina: The law offices of Hankin & Pack
  • Missouri: Touchstone Title Services
  • Tennessee: Foundation Title & Escrow
  • Texas: Endpoint Title Services

At closing, you’ll receive a check for your net proceeds — the cash offer price, minus Offerpad’s service fee, closing costs, and any repair credits.

Offerpad preliminary offer vs. final offer

Offerpad’s final offer is typically lower than its preliminary offer. The company completes an inspection before giving the final offer, which includes an estimate for repairs.

The difference between the first and final offer is often substantial, according to our research and many online Offerpad reviews. For example, one seller said that Offerpad “went from [a] $189,000 offer to $148,000 after [an] inspection.”

Offerpad’s preliminary offer is a legally binding agreement. So if Offerpad doesn’t change its offer after the inspection, you could be stuck with it. If Offerpad does adjust its offer, you can terminate the contract without penalty.

By contrast, other iBuyers, like Opendoor, only require a contract after the inspection, when you know exactly how much money you'll receive for your home.

Because the offer can drop so dramatically, it’s important to take the preliminary offer with a grain of salt. We recommend seeking offers from multiple buyers in your area and comparing them to what your home could be worth on the open market.

Get fair offers from cash home buyers now!

Compare offers from top cash buyers, including iBuyers like Offerpad and Opendoor. Plus, get an expert realtor's opinion on what your house is worth.

Offerpad fees

When you use Offerpad, you'll spend about 7–10% of your home's selling price on service fees and closing. This may be a little more expensive than using a seller's agent, but not by much.

There is also a 1% fee for canceling if you back out of the deal after four days after receiving the updated offer.

💰 Service fee 5% of offer price
📎 Closing costs 1–3% of offer price
🔨 Repair credits Vary
🚫 Cancellation fee 1% of the offer price if you cancel more than four days after the inspection
Show more

Repair costs can be the highest Offerpad fee. But the company's repair estimates vary widely, so it’s hard to predict what your estimate will be.

While some sellers thought the repair estimates were reasonable, others thought they were too high. For example, Bradley Carpenter, a home seller in Kansas City, was quoted $40,000 after Offerpad’s inspection. This quote was much higher than Opendoor’s $7,000 estimate.

» READ: We Found the True Cost of Offerpad's Fees

What kinds of homes does Offerpad buy?

Offerpad buys properties that are:

  • In relatively good condition
  • Constructed after 1950
  • Single-family residential homes, including townhomes, condos, and homes in gated communities
  • Valued under $1 million (depending on the market)
  • On a lot up to 1 acre
  • Under clear ownership (no double escrow)
  • Vacant on the close date

Offerpad also purchases homes in age-restricted communities that cost up to $350,000.

Some properties are ineligible for purchase, including mobile, manufactured, and prefabricated homes. Offerpad also doesn't buy properties with significant foundation, structural, or other conditional issues.

Offerpad's cancellation policy

Offerpad charges a 1% cancellation fee if you back out of the purchase agreement. This 1% penalty could cost hundreds or even thousands of dollars. Offerpad’s main competitor, Opendoor, doesn't charge a cancellation fee.

If Offerpad changes your offer or requires you to cover repair costs, then you can cancel without paying a fee. An Offerpad representative told us that the window for canceling penalty-free is four days.

Listing with Offerpad Flex

✅ Offerpad Flex is worth considering if:

  • You're selling in a competitive market and could get a higher price for your home on the open market
  • You're not in a huge rush to sell
❌ You may want to avoid Offerpad Flex if:

  • You need to sell your home quickly
  • Homes in your area aren't selling for much more than they're listed for
Show more

Offerpad's Flex program allows you to list your home for up to 60 days on the open market with an Offerpad real estate agent. If your house doesn’t sell, you have the guarantee of a cash offer in your back pocket.

Offerpad charges a 6% fee for this service, which covers the commission for the listing agent who will help you sell the home. This fee also includes the cost of the buyer's agent commission, which is typically paid by the seller.

Offerpad will provide staging and cleaning services to get the house in market-ready condition. You can also take out an interest-free loan from Offerpad for improvements like painting, flooring, and new appliances. You'll pay back the loan at closing.

Step 1: Request an offer

The first step is to answer questions about your home online, just as you would with the Offerpad Express program. You have the chance to submit photos of your home to help Offerpad produce an accurate price estimate.

Step 2: Get the home ready for showings

Offerpad will provide listing agents who will help you sell your home. You'll get help with cleaning, landscaping, and handyman services so your home looks its best. If you decide to make repairs, Offerpad will allow you to take out an interest-free loan you can pay back at closing.

Step 3: Find a buyer or take the cash offer

If you find a buyer, you'll close on the home with them.

If you don't find an offer you want to accept on the open market, you can take Offerpad's initial offer any time within 60 days. If you accept the offer, you'll need to sign a purchase agreement and then have your home inspected. Offerpad will then adjust your offer and may require home repairs before closing.

Buying from Offerpad

✅ Buying from Offerpad is worth considering if:

  • You need a flexible closing date that aligns with the sale of your old home
  • You see an Offerpad listing that has everything you're looking for
You may want to avoid buying from Offerpad if:

  • You’re concerned about subpar repairs or homes that have been vacant
  • You want to explore all financing options to find the lowest rates
Show more

Step 1: Get prequalified for a mortgage

To buy a home through Offerpad, you’ll have to be prequalified for a mortgage.

In this stage, you’ll gather all of the information about your financial history, such as your credit score and any debt you currently have. A lender will review your self-reported information and recommend home loans you might qualify for.

Note that this is different from pre-approval, which is not exclusively self-reported.

» READ: Pre-Approval vs. Pre-Qualification: What’s the Difference?

Step 2: Browse homes online

Screenshot of buying from Offerpad.

Similar to Zillow or Redfin, Offerpad has an online portal listing available homes in a given area.

You can filter results based on your criteria, such as the number of bedrooms or the square footage.

Step 3: Download the app

Rather than in-person tours, Offerpad allows prospective buyers to enter and tour properties on their own schedules.

Once you download the Offerpad app and verify your identity, you can use your smartphone to unlock Offerpad properties you’re interested in.

You can view homes any time between 6 a.m. and 8 p.m., seven days a week.

Step 4: Make an offer

If you find your home through Offerpad, you can make an offer with or without an agent’s representation. If you already have an agent, you may be responsible for the 3% buyer’s agent commission.

Offerpad may recommend getting a home loan through Offerpad Mortgage. However, you’re not obligated to do so, and you can shop around for the best rates.

Step 5: Close

If you’re buying a home directly from Offerpad, you can schedule the closing at your convenience — which can help you coordinate the timing if you’re also selling your home.

Offerpad uses third-party vendors for title services, depending on your location.[3]

Does Offerpad offer good prices for buyers?

Offerpad uses its own research and valuation models to price houses. The listing price reflects the cost of repairs and other expenses incurred while Offerpad held the home, plus current local real estate trends.

Offerpad intends to make a profit on each home it purchases. You can try to negotiate a lower price if you believe Offerpad has overpriced the home you're looking at.

Fees for buying from Offerpad

Offerpad doesn't charge buyers any fees, but you'll be responsible for the down payment, inspection fee, appraisal fee, and closing costs.

Additional Offerpad services

Free local move

If you’re moving within a 50-mile radius, Offerpad will cover the cost of your move through a third-party moving company.[6] The estimated value is $299–1,077, depending on the size of your home.[7]

This program is only for homes up to 2,800 square feet and up to 13,000 pounds. If your home exceeds these limits, you can purchase services directly from the moving company. Note that packing services aren't included in the free local move.

You may need to notify Offerpad at least 7–21 days before the close of escrow that you intend to use the free local move.

Extended Stay

Offerpad allows sellers to stay in their old home for up to three days after closing,[8] providing some breathing room for a less stressful move.

To be eligible, you’ll first have to complete a post-possession addendum. This contract allows you to legally remain on the premises after selling your home, and it outlines the specific dates and deadlines you’ll have to abide by.

If you take advantage of this option, Offerpad will temporarily withhold a security deposit from the proceeds of your home sale. Once you vacate the home, Offerpad will inspect the property to make sure it’s in good condition and release the funds back to you.

Opendoor has a similar service called Late Checkout that allows you to stay up to 17 days, but you'll need to pay a security deposit and daily rent based on a percentage of the home's value.

Instant Access

If you’re interested in touring an Offerpad listing, you can take advantage of the company’s Instant Access tool. Instant Access is currently available only in Atlanta and Phoenix.[9]

To use Instant Access, you can:

  • Download Offerpad’s app via the Apple App Store or the Google Play Store
  • Take a selfie with your smartphone
  • Submit your US driver’s license

Once you’ve verified your identity, you can walk up to the front door of any Offerpad home you’re interested in and request access via your smartphone. The door will automatically unlock, allowing you to tour the property at your convenience.

Properties can be unlocked any time between 6 a.m. and 8 p.m., seven days a week, meaning that you never have to schedule tours or attend an open house.

Bundle rewards

Offerpad’s Bundle Rewards program allows you to streamline the process of selling one home and buying another, provided the home you want is already owned by Offerpad. This program enables you to coordinate closings, line up your move, and avoid paying two mortgages at once.

You can also bundle your purchase of an Offerpad home with an Offerpad Mortgage. While bundling may give you a discounted rate, you aren’t obligated to use Offerpad Mortgage. Other lenders may offer better rates.

» MORE: Home Trade-in Programs: How to Buy a House Before You Sell.

Top Offerpad alternatives

Sell to another cash buyer

Offerpad isn’t the only option for a quick cash offer. You can also try other cash buyers (like local investors), another iBuyer (like Opendoor), or a "we buy houses" company.

Company Customer Rating Best for Service Fee Time to Close
Best overall
5/5 (3,162 reviews)
Comparing multiple offers
None
Varies by offer type
Learn More
On listwithclever.com
4.2/5 (3,801 reviews)
Quick closing and reasonable fees
5%
14–60 days (flexible)
Learn More
On listwithclever.com
4.5/5 (3,135 reviews)
Hard-to-sell homes
None
7–14 days
Learn More
On listwithclever.com

Clever Offers

Clever Offers is a free service that helps you quickly compare offers from reputable local cash buyers, including iBuyers like Offerpad.

When you contact Clever, a member of its team (called a Concierge) will ask you about your home-selling goals. Then they'll field offers from multiple cash-buying companies, creating healthy competition among buyers. Your Concierge can walk you through each offer and answer any questions.

You'll also get a professional home valuation, so you can compare the cash offers to your home’s market value.

Opendoor

Opendoor is the largest iBuyer and Offerpad’s main competitor. Like Offerpad, it provides fast cash offers, charges a 5% service fee, and can close quickly. It also has similarly strict purchase criteria for properties, avoiding homes in poor condition.

Unlike Offerpad, Opendoor doesn’t charge a cancellation fee. However, if you want to stay in your house after closing, you have to pay a daily “rent.” Offerpad lets you stay for free for up to three days.

While iBuyers offer a convenient selling process, you’ll get less for your home than you would on the open market with a realtor.

» MORE: Opendoor Reviews: Everything You Need to Know

'We buy houses' companies

“We buy houses” companies also make quick cash offers. Unlike iBuyers, these companies typically look for homes in poor condition. They buy homes at a bargain price, make repairs, and then flip them.

A "we buy houses" company will offer far below market value for your property. But the lower selling price may be worth it if you have a property that's facing foreclosure, distressed, or inherited.

» MORE: Are "We Buy Houses" Companies a Rip-Off?

List with a real estate agent

Real estate agents can’t guarantee a fast sale, but they can create a plan to sell on your timeline. Listing with a realtor is usually the best option if you want to make the most money on your sale.

Local agents can maximize your home’s sale price by creating competition among multiple buyers. Agents are incentivized to get the most money for your home, since the more it sells for, the more commission they earn.

A traditional real estate agent charges 2.5–3% in commission, but you can find full-service agents who charge a lower listing fee of 1.5–2%. We recommend interviewing multiple agents to find the right fit. 

» MORE: The Best Low Commission Realtors and Brokers

Frequently asked questions about Offerpad

What is Offerpad?

Offerpad is an iBuyer that provides cash offers to sellers in over 20 US cities. The company also sells homes and offers an MLS listing service.

Like other iBuyers, Offerpad aims to streamline real estate transactions. Using proprietary technology and an in-house team, Offerpad promises to provide cash offers within 24 hours and allow sellers to close in as little as 8 days.

However, these perks can come at a cost. Offerpad doesn’t pay fair market value, so its customers sacrifice the opportunity to potentially net more on the open market. Learn more about Offerpad.

Is Offerpad legit?

Offerpad is a legitimate business that buys and sells homes. Founded in 2015, it is now the second-largest iBuyer in the country after its main competitor, Opendoor. Read more about what makes Offerpad a legitimate business.

Does Offerpad have good reviews?

Offerpad’s reviews are mostly positive, with some complaints. While some customers praised Offerpad’s hassle-free approach to cash offers, others felt the reduction in offer price after inspections amounted to a bait and switch. Learn more about Offerpad reviews.

Where does Offerpad buy homes?

Offerpad buys homes in over 20 US cities across AZ, CO, FL, GA, IL, IN, KS, MO, NV, NC, OH, SC, TN, and TX. Learn more about Offerpad's service areas.

What fees does Offerpad charge?

In total, you’ll spend 7–10% of your home’s purchase price on service fees and closing, plus a variable repair fee. In some cases, you may also encounter a 1% cancellation fee. Learn more about Offerpad's fees.

Contact Offerpad

Email
Phone (844) 388-4539
Website offerpad.com
Show more

Article Sources

[1] Forbes – "Startup OfferPad Raises $260M Debt, Equity To Upend Homes Sales Market In Competition With Opendoor". Updated January 25, 2017. Accessed February 10, 2021.
[2] FINSMES – "OfferPad Raises $260M in Funding". Updated January 25, 2017. Accessed February 10, 2021.
[3] DelPrete, Mike – "2022 iBuyer Report". Pages 16,26. Updated April 1, 2022. Accessed May 4, 2022.
[4] Business Wire – "Offerpad Reports Third Quarter 2023 Results". Updated Nov. 1, 2023.
[5] Offerpad – "Questions about selling". Accessed February 10, 2021.
[6] Offerpad – "Free local move". Accessed February 10, 2021.
[7] Thumbtack – "How much do movers cost?". Updated October 6, 2020. Accessed February 10, 2021.
[8] Offerpad – "Offerpad’s extended stay". Accessed February 10, 2021.
[9] Offerpad – "Tour Offerpad homes on your schedule". Accessed February 10, 2021.

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