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Stock impact report

Selling a Home Can Take Months. Offerpad Sellers Can Close in Days.

Offerpad Solutions Inc. Class A (OPAD) 
Company Research Source: Business Wire
Direct offers, flexible timelines and a free local move help simplify one of life’s biggest transactions. TEMPE, Ariz.--(BUSINESS WIRE)--For many homeowners, selling through the traditional process can take close to three months from listing to closing. Across Offerpad markets, single-family homes are spending roughly 74 days on the market before going under contract, extending timelines for many sellers. Days on market currently range from about 59 to 98 days depending on the market.Even after accepting an offer, the transaction is not always guaranteed. Home sales can fall out of contract, often due to financing issues, inspections, or appraisal challenges — forcing sellers to restart the process.Offerpad is helping homeowners avoid many of those uncertainties by offering a faster and more predictable way to sell. Sellers who request an offer from Offerpad receive a cash offer typically within 24 hours. From there, sellers can choose to close in days rather than months, while als Show less Read more
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