Offerpad Solutions Inc.

Offerpad is a real estate solutions company founded in 2015, focused on providing homeowners with more control, flexibility, and choice when buying and selling a home. The company combines proprietary technology with local real estate expertise to simplify the home sale process and reduce transaction friction. Offerpad provides cash offers, brokerage services, access to additional cash buyers through marketplace-enabled capabilities, and renovation services. These services support both internal transactions and third-party partners. Offerpad offers its real estate services through three main solutions: 1. **Cash Offer**: Customers can use the company's website or mobile application to receive a competitive cash offer for their home within 24 hours and close quickly, avoiding inconveniences associated with traditional selling. This business is the core foundation of Offerpad and a key component, generating over 90% of consolidated revenue during each of the years ended December 31, 2025, 2024, and 2023. 2. **Renovate**: This service leverages Offerpad's logistics, operations, technology, and skill-sets to provide renovation services to other businesses and homeowners, enabling them to update homes for rent or sale. 3. **Other**: This category includes the Cash Offer Marketplace, which routes qualified cash offers through a marketplace of third-party buyers, including Direct+ partners, allowing buyers to purchase homes from homeowners. It also includes Brokerage Services, where sellers can choose agent-led pathways like HomePro, which pairs local agents with Offerpad's platform and data, and the Agent Partnership Program, which allows third-party agents to present Offerpad's cash offer to their customers.