What do you call an iBuyer that isn’t iBuying houses?
Opendoor and Offerpad are buying significantly fewer homes than they have in the past and their futures are in doubt.
OfferPad
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Offerpad tightens belt, narrows 2024 loss to $62M
Online property marketplace and real estate technology company Offerpad Solutions Inc. reported a net loss of $17.3 million in the fourth quarter of 2024, which was up 12% from the $15.4 million loss it sustained in the final quarter of 2023.