As Offerpad’s founder and CEO, Brian Bair spearheaded new initiatives that have helped propel the iBuyer into national prominence and spurred success in 2019.
Because Offerpad has scaled rapidly, the company moved into a new, custom-designed headquarters, which now has space for the local HQ employees as well as room for future growth.
Under Bair’s leadership, Offerpad launched in several new markets in 2019, with more planned in the near future. Bair also tied off negotiations with investors to announce the close of Series C financing. Additionally, Offerpad has broken all of its acquisition and disposition records while keeping customer satisfaction high, with an NPS score of 72 and CSAT of 91 percent.
With Offerpad’s recent strategic partnership with Keller Offers, a division of Keller Williams, Bair has continued his commitment to provide consumers with the most solutions possible. Bair also announced two new programs slated for release in late 2019 and early 2020: Offerpad Instant Own, which will allow buyers to move into an Offerpad home in as quickly as 24 hours and close within a matter of days; and Offerpad Buyer Boost, a program using Offerpad’s financing power to secure the property on behalf of the buyer with a cash offer.
“While I’m proud of the massive success Offerpad has become, what you see now is only the beginning,” says Bair. “We’re in the early stages of redefining the industry with our consumer-centric solutions.”
Buying a house for cash, meaning no mortgage, can seem like the most strategically savvy and best way to gain an accepted offer. But there are subtle pros and cons to such a maneuver, more so for the buyer, but also for the seller. Read more.