Home Topics Real Estate Offerpad brings iBuyer and lists solutions to Denver and Nashville

Offerpad brings iBuyer and lists solutions to Denver and Nashville

With the expansion, the real estate service company is expanding its range to almost 300 new postcodes.

Offerpad announced Monday that it is launching its entire suite of real estate services – including an option for iBuying and listing services – in both Denver and Nashville, two of the hottest and most competitive housing markets in the country.

Brian Bair | Photo credit: Offerpad

The company announced it was targeting the two markets back in December, and the full range of its offerings in those markets was announced on Monday. While the company was building its reputation as a direct-to-consumer platform for buying and selling homes, it launched listing services last summer and continues to expand its partnerships with home builders.

“We are known for providing fast, competitive cash deals that will always remain a core offering,” said Brian Bair, Founder and CEO of Offerpad, in a December statement. “For new customers in Denver and Nashville looking to list their home, Offerpad is by far the most advanced way to maximize the value of a home in the open market.”

“Our 100 percent free, show-ready home services, combined with our do-it-yourself advance program and instant cash backup offer, are unparalleled.”

Offerpad’s direct-to-consumer platform enables homebuyers to make a quick cash offer. However, the company will face fierce competition for its services in both markets as Zillow Offers and Opendoor already have an established presence on both metros.

Offerpad is expanding beyond Nashville with its mid-range Tennessee presence and opening stores in approximately 120 local zip codes. It extends “to the state line south, south of Columbia, from Dickson in the west to Watertown in the east, and is open to vendors in virtually every city and neighborhood in between,” an Opendoor spokesman told Inman.

In Colorado, the company’s presence now extends to approximately 50 cities around Denver, including 165 zip codes from Fort Collins to Colorado Springs.

“After thorough quantitative and qualitative analysis, combining traditional MLS and trending market data and leveraging our unique internal insights into what works well for our business model, Denver and Nashville more than meet these criteria for the aggressive growth of our company”, Offerpad vice president of strategic initiatives, Matt Brohn, said in a December statement.

Email to Patrick Kearns

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles

COVID-19 surprised us all. Will your organization be ready for the next chaos?

by Mark Goulston, MD, and Diana Hendel, PharmD, of "Trauma to Triumph: A Roadmap for Leading...

Eagle Rock veteran Simon Hosken joins the livestream company PUSH LIVE as chief financial and operating officer

Live entertainment technology company PUSH LIVE has hired Simon Hosken as Chief Financial and Operating Officer.Previously, Hosken was the COO and CFO of Eagle...

INTERNATIONAL Shipping via Paypal EXPLAINED | Small Businesses, Entrepreneur Life, Depop Seller Tips

International shipping via Paypal EXPLAINED | Small Businesses, Entrepreneur Life, Depop Seller Tips + Easy to follow! Hope yall enjoyed the video. Please ...