Offerpad posts first profitable quarter ahead of public offering

The Arizona-based iBuyer took in $376.8 million in revenue during Q2 2021, and its net income grew to $9.2 million, giving the company its first profitable quarter. Continue reading

How the marriage between Spencer Rascoff and Offerpad came to be

Spencer Rascoff and Offerpad CEO Brian Bair spoke to Inman about the behind-the-scenes moves that led to Offerpad’s decision to go public via a special purpose acquisition company. Continue reading