Offerpad and Realtor.com team up to make cash offers available to portal users [Yahoo! Finance]
Opendoor Technologies Inc (OPEN)
Company Research
Source: Yahoo! Finance
According to the release, the integration will allow Offerpad to provide a cash offer to more sellers and will extend Offerpad's reach to a larger audience of potential sellers. “Over the past year, with all of the adversity happening for buyers and sellers and the industry in general, we have really been focused on trying to find buyers and sellers where they are at,” Offerpad CEO Brian Bair said in a statement. “We have our homebuyer partnership network and our real estate agent partnership network, so the next best place for us to be is a large marketplace.” Bair said Realtor.com felt like the right firm for Offerpad to partner with because they share the same core belief of wanting to provide choices to consumers. “If they want to list their home and go the traditional route, that is great, and if they want a cash offer, then we can be there providing that to consumers through the power of their platform,” Bair said. Offerpad is currently operational in 25 markets nationw
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OPEN
Earnings
- 5/2/24 - Beat
OPEN
Sec Filings
- 6/20/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- OPEN's page on the SEC website