Real estate platform Offerpad plans to expand into five new markets in four states this year. The company expects to complete its opening in Fort Meyers, Fla., in the second quarter and expansions into Colorado Springs and Fort Collins, Colo., Fort Wayne, Ind., and Cincinnati later this year.
“At Offerpad, we do things differently. Bringing together technology with our local real estate expertise, we take buying and selling homes from stressful to seamless,” Offerpad Chief Real Estate Officer Vaughn Bair said in a release. “Traditional real estate, especially in today’s competitive market, often leaves homeowners feeling out of control and uncertain. Our solutions provide buyers and sellers with the flexibility to act fast and take care of all their needs under one roof. Americans increasingly want more convenience and control over their transactions, and we’re excited to help more homeowners in these new markets.”
When the five markets open, buyers and sellers across 29 markets total will have access to the company’s suite of solutions, which includes cash offers in 24 hours, listing services, homebuying, selling and financing solutions and access to mortgage and title services.