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Homelight vs. Offerpad

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HomelightOfferpad
as of 06/11/2018
as of 05/24/2018
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Comparing different models Homelight provides tools to help you find an agent and offers a traditional brokerage service while Offerpad buys your home directly from you.

What is Homelight

Homelight is an unbiased platform that helps you find local agents that best fits your needs using comprehensive analytics. They compile data from over 29 million real estate transactions and 2 million agents to help you find a top local agent. Homelight uses factors such as client reviews, transaction volume, and property type specialization to help match you with an agent that fits your needs. Agents listed on the platform are not able to pay to boost their ranking, as rankings are purely based on data. Homelight is free to use, and makes money from referral fees paid by agents.

How Homelight works

  • Enter your location
  • Answer a few questions and submit contact information
  • Receive information on top agents around you.
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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 Homelight compared to Offerpad
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Homelight
Offerpad
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