If you want to skip the hassle of showings, repairs, and uncertain timelines, iBuyers like Offerpad and Opendoor offer a fast, convenient way to sell your home. But which company is the better fit?
- Offerpad works best for sellers who want a more personalized, hands-on experience. You’ll be assigned specialists — like a Customer Solutions Manager and Closing Coordinator — and your home inspection takes place in person. Offerpad also offers perks like a free local move and home improvement advance. However, sellers report below-market offers, a high service fee, and inflated repair costs, which can quickly eat into your profits.
- Opendoor, on the other hand, is a better choice for sellers who value broad availability (it's in nearly twice as many markets as Offerpad), want more flexibility to cancel the sale, or prefer a digital-first process with fewer in-person steps. On the downside, Opendoor charges a 5% service fee, and final offers are sometimes tens of thousands lower than the initial estimates.
Both companies can close in as little as a week, but they differ in fees, customer experience, and service offerings.
Before committing to Offerpad or Opendoor, we highly recommend shopping around. Clever Offers is a free service that helps you compare fair cash offers from iBuyers, local investors, and top agents — all in one place. You can sell in as little as 7 days or explore what your home could fetch on the open market. Fill out this form to get cash offers today!
Offerpad vs Opendoor: How each iBuyer works
| Offerpad | Opendoor | |
|---|---|---|
| Service fee | 5% | 5% |
| Cancellation fee | 1% | None |
| Added features | Free local move (up to 50 miles), free cleaning and yard work, and home improvement advance | None (potential mortgage discount for buyers) |
| Availability | 14 states | 26 states, plus DC. |
What types of properties do they buy?
Both Opendoor and Offerpad purchase a variety of residential properties, but each has slightly different criteria.
Generally, they buy single-family homes, townhomes, and condos — including those located in gated or age-restricted communities. Offerpad also buys duplexes in some areas, while Opendoor typically focuses on properties priced up to $1 million, although this limit can vary by location. Offerpad usually targets homes priced between $100,000 and $600,000, with some flexibility depending on the market.
Both companies require homes to sit on lots no larger than 2 acres and typically only consider properties built after the 1930s (Offerpad) or 1950s (Opendoor). The seller must have clear ownership of the property for it to qualify. Availability of services may vary depending on the home type and location.
Offerpad vs. Opendoor: The verdict
Choose Offerpad if you want a more hands-on, personalized experience. Offerpad assigns dedicated specialists to guide you through the process, including a Customer Solutions Manager and a Closing Coordinator. Inspections happen in person, not over video, and sellers may qualify for perks like a free local move and a home improvement advance.
Choose Opendoor if you want broader availability and more flexibility. Opendoor operates in nearly twice as many states as Offerpad — and in some markets, like California, it's your only iBuyer option. It also offers more flexibility on your move-out date (up to 17 days after closing, though daily fees apply), while Offerpad gives you three days for free.
The bottom line: Both iBuyer companies use a similar business model, typically charging a 5% service fee and offering 80–85% of your home’s market value. But your experience will vary depending on what you value most:
- Offerpad is better for sellers who want personalized support and extra perks.
- Opendoor is better for sellers prioritizing digital convenience and wider market coverage.
Still unsure? Compare both with Clever Offers to get multiple quotes and choose the best deal for your situation.
How does Offerpad work?
- Fill out a form and submit property details.
- Receive a preliminary offer.
- Schedule an on-site visit from a property inspector.
- Get a final offer that makes allowance for repairs.
- Decide whether to make repairs yourself or provide Offerpad with a repair credit.
- Choose a closing day within 90 days.
How does Opendoor work?
- Fill out an online questionnaire.
- Get an estimated offer.
- Do a video walkthrough of the property.
- Get a final offer that accounts for needed repairs.
- Choose a closing day within 60 days.
Offerpad vs Opendoor reviews
| Company | Overall rating | Number of reviews |
|---|---|---|
| Offerpad | 3.9/5 | 2,500+ |
| Opendoor | 4.2/5 | 4,000+ |
| Note: These ratings and review counts are based on data available up to May 7, 2025, and reflect customer feedback from online sources like Google, Yelp, and the BBB. Ratings and reviews may change over time. | ||
We analyzed more than 6,000 reviews from various sources, such as Trustpilot, Yelp, and the BBB. Opendoor has more reviews, has been operating for longer, and is more widely available.
Positive reviews for both companies praise the streamlining of the selling experience and the customer support.
Two of the most significant complaints mentioned in reviews for both iBuyers involved the high cost of post-inspection repairs, and the low final offer price, which came as a surprise for some clients.
Offerpad reviews
Offerpad’s positive reviews speak highly of the team’s professionalism and flexible closing timelines. Users appreciated the speed of the process and the smooth sale.
“Venturing into the process of selling my home with Offerpad was an exceptional experience, right from the beginning to the end!!! The initial professional I interacted with astounded me by thoroughly examining my property and subsequently extending an offer ... Surprisingly, the offer was well beyond my initial estimations and therefore, I immediately accepted it.” — Dean H., Trustpilot
“I recently had a transaction with Offer Pad that went so smoothly! They were easy to get ahold of and negotiate with. It turned out that the *** told us that the home needed exterior paint to be transferred into our buyers name (before we could close). I thought this would be a big hurdle but once it was called out it was taken care of quickly. I would work with Offerpad again.” — Lisa F., BBB
Offerpad’s negative reviews seem to indicate that the company sometimes presented clients with higher repair prices than they got from independent contractors. Also, some reviewers (who did not end up selling their home with Offerpad) mentioned a lengthy process before learning that their home did not meet the eligibility criteria.
“While this process may work for many people, for us it was very disappointing. Our home had been substantially upgraded and we presented all that information during the appraisal and video tour. Unfortunately, it seemed as though none of that information was considered in the offer. We declined the offer and put the house on the market. It sold it in 5 days for $85000 more than [Offerpad's]offer. ” — Edward, Trustpilot
Opendoor reviews
Opendoor reviews are mostly positive, with many sellers praising a stress-free experience and seamless communication with the team. Clients also appreciate the ease of the transaction and the ability to avoid listings and showings.
“Opendoor made selling our house a lot less stressful than the more ‘conventional’ way. The process was great and our account rep, Stefan, was outstanding. We highly recommend using this company.” — Vincent R., Trustpilot
“So far our experience has been awesome! Chloe has been excellent as our initial contact and the person who may stay with us through escrow closure. We expected to be very disappointed with their final offer after the initial offer looked too good to be true. However, when considering using our repair quotes and repainting quotes, at this point, Opendoor is competitive allowing us to avoid all the headaches of dealing with contractors and listing the property." — Robert B., Yelp
In Opendoor’s negative reviews, which represent a small portion of its reviews, customers tend to mention that their homes were evaluated lower than the price they received from realtors. Another sentiment seen in the negative reviews, is that the final offer was much lower than the initial offer and that the cost of repairs was exaggerated.
“I have been working with Opendoor to potentially sell my home to them. The initial ‘potential’ offer was good, then they came back with an offer that was $40,000 lower, subtracting the 5% surcharge, and the bogus $18,000 in repairs, and they would make over $120,000 on selling my home. My home is only 11 years old! We are the original owners. They told us we needed a new roof, no one even got up on the roof and the roof still has about 20 years left on it. … Glad I haven't signed anything with them.” — Nancy M., BBB
Offerpad vs Opendoor: Pros and cons
| Company | Pros | Cons |
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| Offerpad |
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| Opendoor |
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The bottom line
Offerpad and Opendoor are the largest iBuyers in the U.S., allowing homeowners to sell their property quickly without the hassle of showings or negotiation with individual buyers.
Offerpad might be a better choice for those who may benefit from the company’s perks, such as a three-day extended stay or free local move. If Offerpad isn't available in your area or if you're unsure about the sale and don’t want to pay a cancellation fee, you might want to consider Opendoor.
However, despite the buzz around iBuyers, fewer than 1% of U.S. home sellers used an iBuyer service in 2024.[1] Most sellers still go the traditional route or explore other fast-sale options like cash buyers and or low commission realtors.
An iBuyer isn't the only option if you want to sell fast. Clever Offers helps you find cash buyers in your area and see their offers for your home, with no obligation or commitment to sell. The 7-Day Sold program allows you to find the highest possible cash buyer for your home. Take a short quiz to get started!
FAQ
What are the main differences between Offerpad and Opendoor?
Both companies are iBuyers, which use a tech-driven approach to evaluate and buy properties from homeowners. Offerpad has an on-site inspection, while Opendoor oversees most of the process online. Opendoor has a more generous cancellation policy.
Who offers more for houses: Offerpad or Opendoor?
Both companies offer similar prices, slightly below the market average (80-85%). If you want to receive a fair offer for your property while saving on real estate commission, consider talking to a low-commission real estate agent.
Can you negotiate cash offers with Offerpad or Opendoor?
It is possible to negotiate offers with Offerpad and Opendoor, but neither company adjusts their prices easily. You can ask for a second valuation if you believe the company made an error or overlooked major repairs or improvements.
Which company offers more flexibility with closing and move-out dates?
With Offerpad, you can choose a closing date within 90 days after signing. With Opendoor, the closing date can be anywhere within a 60-day window. Offerpad allows a seller to stay in the home for up to three days after closing for free (a security deposit is required). Opendoor allows a seller to stay for up to 17 days but charges a daily fee and a security deposit from day one.
Which company will buy faster?
You can receive a preliminary offer from either Opendoor or Offerpad in as little as 24 hours. Offerpad can close in as few as eight days and Opendoor in 14 days, depending on your location.
Can I cancel the sale after accepting an offer?
It is possible to cancel the sale after accepting an offer when selling to either company. However, with Opendoor, you can back out of the contract for free, while Offerpad charges a 1% cancellation fee.
