Offerpad Reviews (2026): Fees, How It Works & Ratings

How Offerpad works

Process: The seller submits an online form with basic property details, and Offerpad reviews the information and sends a no-obligation cash offer plus any other applicable selling options. If the seller accepts, they choose a closing date 8 to 60 days out; Offerpad handles the paperwork and closing, and says the home can be sold as-is without cleaning, staging, or repairs.
Fees (per the company): For a direct cash sale, Offerpad says it charges a 5% service fee plus approximately 1% in closing costs. It says there are no commissions, concessions, or out-of-pocket repair costs; needed repairs are handled through a credit adjustment.
Where it buys: Offerpad's current locations page says it buys homes in more than 1,700 cities and towns nationwide; its current listed states are Arizona, Florida, Georgia, Indiana, Nevada, North Carolina, Ohio, South Carolina, and Texas. The company facts page describes this as 16 metropolitan markets across 9 states.
Stock: OPAD, Nasdaq

Reddit discussions

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Local Offerpad listings we track

Sources

Offerpad says it was founded in 2015. company website
Offerpad describes Cash Offer as the foundation of its platform: sellers receive a competitive cash offer, Offerpad acquires homes, and the company later resells them; its filing also describes a marketplace that routes qualified offers to third-party buyers. SEC filing
Offerpad reported acquiring 268 homes in Q2 2026 and said its buying engine was back on. company website
Offerpad's investor-relations overview identifies it as Offerpad Solutions Inc. (Nasdaq: OPAD). company website
Offerpad's SEC filing states that its headquarters is in Tempe, Arizona. SEC filing
Offerpad's locations page says it buys homes in more than 1,700 cities and towns across the country and lists locations in Arizona, Florida, Georgia, Indiana, Nevada, North Carolina, Ohio, South Carolina, and Texas. company website
Offerpad's facts page says it currently serves 16 metropolitan markets across 9 states. company website
Offerpad states that a direct cash sale carries a 5% service fee and approximately 1% in closing costs, with no commissions, concessions, or out-of-pocket repair costs. company website
Offerpad's stated selling process is to submit property details online, receive a cash offer and other options, choose a closing date from 8 to 60 days if accepted, and close with Offerpad handling the details. company website
Offerpad says sellers can sell as-is without cleaning, staging, or making repairs before submitting, and that funds are disbursed at closing. company website

Common questions about Offerpad

Is Offerpad legit?

Offerpad is a company that buys homes directly with its own money (an iBuyer). It was founded in 2015 and is based in 433 S Farmer Ave, Suite 500, Tempe, Arizona 85281. It is publicly traded (OPAD, Nasdaq). On Yelp, one of its local pages (offerpad dallas irving 2) shows 1.6 stars from 69 reviews. Its Better Business Bureau rating is A+.

What does Offerpad charge?

For a direct cash sale, Offerpad says it charges a 5% service fee plus approximately 1% in closing costs. It says there are no commissions, concessions, or out-of-pocket repair costs; needed repairs are handled through a credit adjustment. Always check the final offer and settlement statement for every fee before you sign.

How does selling to Offerpad work?

The seller submits an online form with basic property details, and Offerpad reviews the information and sends a no-obligation cash offer plus any other applicable selling options. If the seller accepts, they choose a closing date 8 to 60 days out; Offerpad handles the paperwork and closing, and says the home can be sold as-is without cleaning, staging, or repairs.