Offerpad Solutions Inc., a tech-driven platform for residential real estate, has unveiled a new 3% + 1% agent program, a significant expansion of its current Agent Partnership Program.
Since 2020, Offerpad has received over 130,000 cash offer requests from agents, offering them an industry-leading 3% fee upon a successful closing. The enhanced agent program empowers agents to seamlessly integrate with Offerpad’s suite of products like never before. This aligns with the company’s overarching objective to serve as a comprehensive real estate solutions center for sellers, buyers and real estate agents alike.
Offerpad Pro enables agents to earn 3% on the successful closing of homes. What’s more, agents can now list the home and earn an additional 1% commission. Through new training and a certification program, agents can also access powerful Offerpad marketing tools and branding (a new Powered by Offerpad designation that can be used as a rider on signage, flyers, a website and more). Sellers will continue to benefit from Offerpad’s cash offer, as well as a Free Local Move and Extended Stay Program. Pro will launch in all Offerpad markets mid-February.
Offerpad Max, an exclusive invitation-only program, is designed for highly motivated agents with significant market reach and influence, aiming to establish a long-term partnership with Offerpad for increased revenue and collaboration opportunities. In addition to the PRO 3% + 1% program benefits, agents will gain access to highly qualified sellers in exclusive zip code “zones.” They’ll also secure listing opportunities for Offerpad-owned homes in their designated zones, along with exclusive access to one of the most sought-after programs, Offerpad’s “Start with Sold” – a backup cash offer for sellers choosing to list their home. Max is set to officially launch in mid-February in Las Vegas, Indianapolis, Jacksonville, and Phoenix. During Offerpad’s soft launch, multiple zones in Phoenix and Las Vegas sold out within hours. Further expansion into additional Offerpad markets is anticipated in the first quarter of 2024.
“Since our inception, our primary mission has been to streamline the home buying and selling journey for consumers. This dedication is the very reason our company was founded. Sellers opting for representation by an agent can still enjoy the advantages of receiving cash offers from us, as we continue to prioritize this foundational focus,” said Kyle Rush, senior vice president of growth. “Agents who partner with Offerpad can not only expect to increase their earnings substantially but also gain access to an extensive suite of tools to diversify their consumer offerings.”
Guided by its founder Brian Bair, a highly esteemed real estate professional and former top agent, Offerpad is committed to providing solutions and steadfast support for real estate agents. Unwavering in its dedication to supporting the agent community, Offerpad stands out as an industry leader that empowers agents to receive top compensation and maximize their revenue.
