May 9, 2024 – Vancouver, British Columbia, Canada & Chandler, Arizona, USA – RESAAS Services Inc. (“RESAAS”) (TSX-V: RSS, OTCQB: RSASF), a leading provider of technology solutions for the real estate industry and Offerpad Solutions Inc. (“Offerpad”) (NYSE: OPAD), a tech-driven platform for residential real estate, have unveiled a nationwide collaboration. The Program enables RESAAS Agents to receive cash offers on behalf of their clients’ through Offerpad.
“The unique Real Estate data that RESAAS continually collects has highlighted the need for agents to offer more options to their selling clients,” said Tom Rossiter, CEO of RESAAS. “With this new Program through Offerpad, RESAAS Agents can now present their clients with a reassuring and competitive option of a cash offer for their home. This collaboration is part of our ongoing effort to bring new opportunities, leads, and referrals to our network of over 600,000 Real Estate Agents.”
Offerpad is known for its user-friendly platform, compelling cash offers, and added advantages to both homeowners and Real Estate Agents. This creates a simple and direct sell option for sellers, one that allows them to skip the traditional home selling process that often involves many showings, open houses, and overall uncertainty. Sellers’ Agents can receive a cash offer within 24 hours and benefit from Offerpad’s programs such as Extended Stay and Free Local Move, all tailored to streamline the selling journey and prioritize seller’s individual needs.
For RESAAS Agents, Offerpad presents an attractive opportunity, enabling them to earn 3% on closed cash offer transactions, plus the ability to relist the home to earn an additional commission.
“Through prioritizing our Agent partners, we’re enhancing the Real Estate experience for consumers,” said Brigham Weight, VP of Business Development at Offerpad. “Our collaboration with RESAAS aims to provide streamlined solutions for buyers and sellers. By integrating Offerpad’s platform and cash offers into RESAAS Agents’ toolkit, we empower them to serve clients better and seize new business opportunities.”
Under the terms of the Partner Agreement executed on April 16, 2024, RESAAS will earn a commission on every lead sent to Offerpad.
RESAAS Services Inc. (TSX-V: RSS, OTCQB: RSASF) is a global real estate technology data platform connecting over 700,000 real estate professionals across 160 countries. RESAAS provides unique real estate data, international referral networks, enterprise data exchange infrastructure, and purpose-built payment rails for real estate referral fee settlement. For more information, visit corporate.resaas.com.
