Offerpad Solutions Inc.
NNASDAQ:OPAD2.52
USD
+0.07
(+2.86%)
CIK
1825024
ISIN
US67623L5057
CUSIP
67623L505
Return %
Stock
S&P 500
1Y
-90.04
14.20
3Y
-97.05
81.12
5Y
-99.78
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Brian Bair
- Full Time Employees
- 140
- Sector
- Technology services
- Industry
- Internet software/Services
- Address
- Tempe United States
- CIK
- 0001825024
- Website
- offerpad.com
- Similar Companies
- Business
- Offerpad Solutions Inc. is a technology-enabled residential real estate solutions provider that operates a digital platform for buying, selling, financing, and renovating residential properties. Founded in 2015 and headquartered in Chandler, Arizona, the company utilizes proprietary algorithms, real estate data analytics, and local market expertise to digitize and streamline residential property transactions across multiple metropolitan markets throughout the United States, primarily across the Sun Belt, Southeast, Southwest, and Midwest regions. The company provides an integrated suite of residential real estate products and services, including: Offerpad Express, an instant cash-offer home buying platform that allows residential property owners to sell directly with customizable closing timelines and complimentary local moving services; Offerpad Flex, a hybrid listing and brokerage service that provides open-market Multiple Listing Service (MLS) marketing, dedicated agent representation, and home improvement resources alongside a guaranteed backup cash offer; Offerpad Home Loans, a mortgage origination and refinancing platform delivering customized residential financing products; Offerpad Renovations, a property rehabilitation and project management service providing comprehensive remodeling, repair, and turnover solutions for company-owned homes and external clients; Buyer Services, providing homebuyers with direct access to turnkey property inventories, self-guided home touring technology, and digital transaction assistance; Title and Settlement Services, offering coordinated escrow and closing support; and Enterprise Solutions, providing institutional single-family rental (SFR) operators and real estate investors with property acquisition, underwriting, asset disposition, and institutional-scale renovation services. In recent developments, Offerpad has accelerated a strategic shift toward an asset-light operating model by expanding fee-based revenue streams, institutional business-to-business partnerships, and third-party listing services. The company has broadened its B2B Renovation Services to support national single-family rental portfolio operators, expanded its Agent Partnership Program and Offerpad Max marketplace solutions to leverage third-party real estate broker networks, and implemented structural cost-reduction and capital efficiency initiatives, including credit facility amendments and inventory cycle optimizations to strengthen liquidity and operational performance.