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Home Bay vs. Offerpad

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Home BayOfferpad
as of 05/21/2018
as of 05/24/2018
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Comparing different models Home Bay offers a discount online service to sell your home while Offerpad buys your home directly from you.

What is Home Bay

Home Bay is a full service real estate company that helps you sell your home remotely for a low flat fee. Home Bay provides an end to end service to sell your home with remote support that walks you through every step of the way while providing you with the tools you need. Everyone working on your home sale with Home Bay are licensed real estate brokers with a minimum of 10 years experience.

How Home Bay works

  • Homebay will provide tips to prepare your home. You can schedule their free photographer to take professional photos of your home for the listing and marketing materials. You will also be provided with a lockbox so buyer agents can show the home.
  • A Home Bay agent can provide pricing guidance for your home. After pricing, home details, and photographs are ready, Home Bay will list your home on the MLS and a handful of other real estate sites.
  • Your home will be marketed digitally by advertising your listing and helping you rank on Google search and Zillow.
  • You will have access to Home Bay’s platform that allows you to communicate with buyers, analyze offers, and create counter offers, while being guided by a Home Bay agent every step of the way.
  • Home Bay will walk you through all the necessary steps for closing, from setting a close date to the final walkthrough and e-notarizing your documents. You can choose to use your own Title & Escrow Company, or Home Bay can refer you to a local company.
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What is Offerpad

Offerpad purchases your home directly from you. Receive a no obligation offer on your home, and if you accept, close when you want. After selling your home to Offerpad, they will then renovate your home and list it on the market for sale.

How Offerpad works

  • After sending your home information to Offerpad, they will send you a purchase offer. If you accept the offer, you will then sign the purchase agreement.
  • Offerpad schedules a home inspection to make sure everything checks out.
  • Choose the day you want to close on, any day within 5 – 90 days. Sign the purchase contract, and close on the property.
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Service offerings by Home Bay compared to Offerpad
Service
Home Bay
Offerpad
Photography
MLS Listing
Listing Syndication
Digital Marketing
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