The cash offer platform hired former WarnerMedia executive Chris Carpenter as COO, but expects ‘heightened seasonality’ through the winter months in targeting a return to a near-term goal of 1,000 transactions per quarter. Continue reading
Offerpad’s $15.1 million Q1 net loss is down 14 percent from Q4 2024, with home acquisitions up 18 percent from the previous quarter to 454. Continue reading
Offerpad’s market capitalization has dropped below $50 million for 30 consecutive trading days, and the New York Stock Exchange wants to know what it’s going to do about it. Continue reading
At $17.3 milllion, Q4 2024 net loss is up 28 percent from the previous quarter, as homes acquired dipped 9 percent to 384, homes sold fell 18 percent to 503, and profits on each sale fell by 24 percent.. Continue reading