Offerpad is officially open and buying homes in Texas! A few weeks ago, we announced that we’d be launching our home selling and buying solution in the Dallas-Fort Worth area and now we’re here and happy to help. After months of preparation to get to know our new neighbors and bring on local expertise, Offerpad is excited to become available for homeowners to effortlessly request an offer to sell their home, buyers to smoothly buy their next home, and to selling buyers to do both simultaneously with the Offerpad Home Trade-in program. And our Texas presence doesn’t stop there – we’re happy to announce that we will be available in two more busy Texas metros in just a few months. Offerpad plans to launch in Houston on January 15 and in San Antonio following.
Big Presence in Big Texas
Offerpad worked hard to learn all about Dallas-Fort Worth to get its solution there as quickly as possible. After the first of our three Texas launches, Offerpad is now available in 534 cities surrounding nine major metro areas around the U.S. Our Dallas-Fort Worth operations cover a whopping 134 local cities, and we’ve got plans to be present in many MANY more around the country within the next couple years.
We specifically chose to kick off our huge expansion phase in North Texas now for more than just the amazing Fort Worth steak and the famous Dallas skyline. The Dallas-Fort Worth area is seeing many great things for homeowners, residents, and anyone considering a move there.
Dallas-Fort Worth on the Up and Up
Michael Hosier, Offerpad’s VP of market expansion explained that Dallas and Fort Worth have seen solid industry growth, especially in the financial, technology, and defense industries. It has ushered in an encouraging year-over-year employment increase – 3.3% in the Big D and 2.3% in Cowtown.
The cost of living is favorable too. In fact, according to Indeed’s hiring lab, DFW’s metro area is ranked third in the country for employee income when compared to the local cost of living. As a result of such positive economic factors for North Texans, home builders are expected to increase activity which means, you might just happen upon your forever home in or around Dallas-Fort Worth. If you do, don’t stress about getting your current home on the market and all that comes with the traditional selling process. Sell it to Offerpad and move when your new home is ready – and if you’re staying local, we’ll even move you for free. Michael said, “Real estate consumers in Texas have been limited in their options for selling and buying. Offerpad’s new availability there will give them another avenue that will make their homebuying and selling experience much more fluid than ever before.”
Another Texas Real Estate Option
The Dallas-Fort Worth metro area has a homeowner population of more than 4.5 million and an average homeowner rate higher than 61% of the residents in the area. That means there are a lot of families we’ll be able to help as they face the biggest transactions and life changes they might ever be involved with. Almost two-thirds of local residents have apparently dealt with the real estate process before. Unfortunately, they had to navigate the murky waters of traditional real estate that often leaves buyers and sellers frustrated and promising themselves that they’ll never deal with a home transaction ever again. Luckily, Offerpad’s real estate solution makes it easier than ever to sell a home in Dallas-Fort Worth and buy a new one, including getting a home loan.
The other point indicated here is that almost 30% of residents may be considering buying a home of their own in North Texas. Offerpad makes it a breeze to find and buy a new home, too. We offer a diverse range of homes for first-time homebuyers, retirees, and everyone in between. Our Instant Access feature allows interested buyers to self-tour homes anytime between 6am and 11pm. No need to book appointments and alter your busy schedule – have a self-guided tour at your convenience. Offerpad’s goal is to help people through the real estate process, we’ll be proud to serve such a huge population of North Texans and soon, Houstonians and San Antonians too.
Helping Texas Move Freely
“Offerpad’s mission of providing the best way to buy and sell a home by leveraging technology and a deep understanding of real estate in the local market excites me. Above that though, is our dedicated focus to the customer experience and how we are able to streamline the process to make their lives easier in what can be a very stressful period,” commented Trent Capps, Offerpad’s new Dallas-Fort Worth market director and native of the area.
This is great news for residents here because we empower them to move freely, putting them in control to make decisions that are best for themselves and their families. Allowing people to move on their timeline, not having to be inconvenienced by staging and showing their homes and having certainty in the process has been proven invaluable in what we’ve set out to do.”
We’re thrilled to now be working for our new neighbors to buy and sell homes in Dallas-Fort Worth and we’re anxious to meet our Houston and San Antonio neighbors too. Offerpad’s work has earned consistent approval by customers – a 94% satisfaction rating – and we’re sure that both new and experienced home sellers and buyers all over the Lone Star State will be happy and relieved at how simple we can make real estate for them. Homeowners and residents of Texas have so much to be excited for and we’re glad to be available now in Dallas-Fort Worth and opening Houston and San Antonio in the first part of next year.
And don’t forget about Tucson – we’ll be ready to help Southern Arizona locals buy and sell a home in Tucson, Arizona in less than a month!