Offerpad enhances HomePro program to streamline real estate transactions

TEMPE, Ariz. - Offerpad Solutions Inc. (NYSE:OPAD), a $130 million market cap real estate technology company currently trading near InvestingPro’s Fair Value estimate, announced upgrades to its HomePro program aimed at simplifying real estate transactions and improving agent productivity.

The enhanced program shifts assessment responsibilities from agents to Offerpad, allowing real estate professionals to focus on presenting solutions to sellers rather than handling administrative tasks. Under the revised workflow, Offerpad manages property reviews and compiles solution options before agents meet with sellers. This strategic shift comes as the company faces challenging market conditions, with InvestingPro data showing a 30% year-over-year revenue decline to $703 million in the last twelve months.

The program offers sellers three options: a cash offer, traditional market listing, or a hybrid solution that provides immediate cash with potential for additional returns when the home sells.

"At the heart of our mission is simplifying real estate in a way that puts people first," said Brian Bair, Chairman and CEO of Offerpad, in a press release statement. "By optimizing the assessment process, we empower HomePros to focus where it truly counts."

The company’s technology coordinates appointments between sellers and their HomePro representatives to review available options after property assessments are complete.

Darwin Wall of Realty One Group described the enhanced assessment process as "a game-changer" that allows agents to enter appointments "fully focused on presenting every option to the seller."

The HomePro program continues to expand across Offerpad’s markets, combining local agent expertise with the company’s technology platform. Offerpad has been operating since 2015, offering various real estate services including consumer cash offers and B2B renovation solutions.

In other recent news, Offerpad Solutions Inc reported its Q2 2025 earnings, showing a revenue of $160.3 million with a gross margin of 8.9%. The company has projected its Q3 revenue to be between $130 million and $150 million, with plans to sell 360 to 410 homes. Additionally, Offerpad Solutions announced an at-the-market offering plan to sell up to $100 million worth of Class A common shares. The company entered into an Open Market Sale Agreement with Jefferies LLC, which will act as the sales agent or principal for the offering, earning a 3.0% commission on the gross sales price per share. These developments mark significant financial and strategic moves for the company.

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