Thank you for spending your lunch hour with us in Greensboro. Our guest speaker, Derek Wilson with Offerpad, will be talking to us about How Offerpad and iBuyers Can Help REI.
Offerpad is both an iBuyer company and a real estate brokerage firm. Offerpad makes competitive offers on homes and purchases them with cash. The cash offer avoids all the headache of listing a home on the open market as well as added benefits from Offerpad.
iBuyer companies are one of the newest innovations making a splash in the real estate market. They are providing an alternative option to the standard real estate transaction. Offerpad is one of the iBuyer companies leading this wave of change. iBuyer companies make “instant cash offers” on properties so sellers can avoid the hassle of a traditional listing. If a seller accepts the cash offer, Offerpad not only saves them the stress, hassle, and uncertainty but also offers incentives like a moving credit, pick your closing date, and extended stay.
How can this be a tool for real estate investors? Time is money! Offerpad can close in as little as 2 weeks vs 4-6 weeks with a buyer needing financing. This decreases an investors holding costs significantly. Investors do not need to spend time or money getting the property show ready and making repairs, Offerpad is buying as-is! There is no need to make after-inspection repairs, Offerpad will handle that. There is much less uncertainty when selling to Offerpad. In a traditional transaction a buyer can cancel the contract at anytime for “any reason or no reason”. This is not a concern with Offerpad. We also have a renovation option where Offerpad will organize, finance, and complete repairs or renovations that add value to the property. Offerpad has tons of options to help you sell your property.
This meeting is in Greensboro. Check our online calendar for our meeting in Winston Salem and for a virtual option.
Spend your lunch hour with us. We'll lunch...and learn!