Offerpad Solutions Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Brian Bair
- Full Time Employees
- 140
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- 433 S. Farmer Avenue Tempe AZ United States of America 85281
- IPO Date
- Dec 11, 2020
- CIK
- 0001825024
- Website
- offerpad.com
- Similar Companies
- Business
- Offerpad Solutions Inc. (NYSE: OPAD) operates as a technology-enabled platform providing streamlined residential real estate solutions in the United States, including cash offers for homes, Flex listing services, and ancillary products. Founded in 2015 and headquartered in Tempe, Arizona, the company offers its Cash Offer service through its website and mobile application, enabling homeowners to receive competitive cash offer ranges with flexible closing dates and free local moves within 50 miles; B2B Renovate services leveraging proprietary logistics for property renovations targeted at investors and rental companies; Direct+ institutional buyer program matching single-family rental operators and investors with sellers; Agent Partnership Program allowing real estate agents to secure cash offers for clients, list renovated homes, and access exclusive seller leads in designated zones; homebuilder services; and additional offerings such as energy efficiency upgrades, smart home technology, insurance, home warranties, mortgage origination, title, and escrow services. Offerpad serves homeowners, institutional investors, real estate agents, and homebuilders across approximately 1,700 cities nationwide, emphasizing asset-light growth through higher-margin services like renovations and partnerships. In July 2025, the company completed a $6 million registered direct offering of common stock to bolster working capital and liquidity amid ongoing margin improvements; recent strategic shifts include expanded asset-light revenue streams via programs like Agent Partnerships and Renovate, alongside disciplined inventory management in select markets despite housing transaction headwinds.
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