Tag Archives: Brian Bair

Offerpad CEO: Zillow’s folly was in ‘chase’ to be the ‘fastest’

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In a new interview on Thursday, Offerpad CEO Brian Bair explained where Zillow went wrong and his enduring faith in the iBuying business model. Continue reading →

As Zillow pumps brakes on buying, other stunned iBuyers forge ahead

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Zillow says it’s facing supply and labor constraints. But other iBuyers, who expressed surprise over Zillow’s abrupt pause, say they aren’t suffering from the same issues. Continue reading →

Offerpad launches in 106 central Ohio cities, including Columbus

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The publicly traded iBuyer has launched its services in the Columbus metro area, bringing its number of markets to 22. Continue reading →

Offerpad enters the NY Stock Exchange with a $2.7B valuation

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The iBuyer went public a day after merging with the Spencer Rascoff-led Supernova Partners Acquisition Company. The company will now be known as “Offerpad Solutions.” Continue reading →

Offerpad posts first profitable quarter ahead of public offering

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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 →

Offerpad draws from big companies as iBuyer prepares to go public

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Four new members will join the iBuyer’s board later this year, including a Zillow executive and the former chief executive officer of Move, Inc. Continue reading →

Offerpad expands to 4 markets in Midwest, Southeast

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In the second half of the year, the iBuyer will launch its services in Columbus, Ohio; Kansas City and St. Louis, Missouri; and Columbia, South Carolina. Continue reading →

Offerpad sees dip in revenue as it preps for public debut

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The iBuyer’s revenues were down year over year, but up compared to the end of 2020. The company is also nearing completion of a merger that will allow it to begin publicly selling shares. Continue reading →

5 people to watch at Offerpad as the iBuyer continues to expand

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Offerpad, an iBuyer making major waves in how homes in many major cities are sold, has been on an unstoppable course of growth for more than half a decade. Continue reading →

Offerpad: Sellers can stay in homes up to 60 days after closing

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To help alleviate the stress of selling, Offerpad will now give sellers the option of remaining in a home up to 60 days after closing escrow. Continue reading →