The iBuyer makes its Midwest debut in the
Indianapolis, IN metro area
Offerpad, the tech-enabled Real Estate Solutions Center and a
leading iBuyer, is empowering home buyers and sellers in
Indianapolis, Indiana’s highly competitive real estate market with
new, simpler ways to buy and sell homes. The company announced its
expansion into the Midwest earlier this year, with Indianapolis as
its first foray into the region. Offerpad also has announced plans
to extend its digital home selling and buying solutions to
additional Midwest markets including Kansas City, Missouri; St.
Louis, Missouri and Columbus, Ohio later this year.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210713005447/en/
Offerpad, the tech-enabled Real Estate
Solutions Center and a leading iBuyer, is empowering home buyers
and sellers in Indianapolis, Indiana’s highly competitive real
estate market with new, simpler ways to buy and sell homes. The
company announced its expansion into the Midwest earlier this year,
with Indianapolis as its first foray into the region. (Graphic:
Business Wire)
"We're excited to bring Offerpad's Real Estate Solutions Center
to Indianapolis – this is a milestone market for us! In addition to
being our first Midwest market, this expansion takes Offerpad’s
innovative solutions to more than 1,000 cities and towns across the
country," said Offerpad’s Indianapolis Market General Manager
Vinson Abraham. “Whether by receiving a competitive cash offer in
just 24 hours or listing the home with our local market Solutions
Experts, Indianapolis-area home sellers can now benefit from
Offerpad’s renowned ease and flexibility.”
The company’s presence in Indianapolis spans a wide radius
blanketing much of central Indiana from areas north of Indianapolis
proper, such as Carmel – where it expects to open its local office
– Fishers, Noblesville and Westfield, as well as other key areas
such as Avon, Broad Ripple, Brownsburg, Greenwood, Lawrence and
numerous locations in between.
Offerpad also continues to hire local real estate agents to join
its Indianapolis team, as well as specialists in home renovations
and other operations.
In addition to helping local home buyers and sellers, Offerpad
is an ally to the real estate agent community. Indianapolis agents
across the metro area are invited to partner with Offerpad to
assist their clients on the sale of their home and earn a 3%
referral fee in the process. Homebuilders in Indianapolis can also
benefit from Offerpad’s Homebuilders Services program, which
enables builders to eliminate home contingencies for their buyers
and help them close more sales.
About Offerpad
Offerpad is using technology-enabled solutions across its
digital platform to remake the home selling and buying experience.
With firsthand real estate experience and utilizing powerful
proprietary technology, the company provides several
consumer-focused options including instant cash offers and superior
home listing services. Offerpad is a privately held company
headquartered in Chandler, Arizona, operating across the country in
1,000+ cities and towns. Visit Offerpad.com for more
information.
Forward Looking Statements
Certain statements in this press release may be considered
forward-looking statements. Forward-looking statements generally
relate to future events or Offerpad’s future financial or operating
performance. For example, statements regarding Offerpad’s market
expansion plans, are forward-looking statements. In some cases, you
can identify forward-looking statements by terminology such as “pro
forma,” “may,” “should,” “could,” “might,” “plan,” “possible,”
“project,” “strive,” “budget,” “forecast,” “expect,” “intend,”
“will,” “estimate,” “anticipate,” “believe,” “predict,” “potential”
or “continue,” or the negatives of these terms or variations of
them or similar terminology. Such forward-looking statements are
subject to risks, uncertainties, and other factors which could
cause actual results to differ materially from those expressed or
implied by such forward-looking statements. These forward-looking
statements are based upon estimates and assumptions that, while
considered reasonable by Offerpad and its management, are
inherently uncertain. Factors that may cause actual results to
differ materially from current expectations include, but are not
limited to: the outcome of any legal proceedings that may be
instituted against Supernova Partners Acquisition Company
(“Supernova”), Offerpad, the combined company or others following
the announcement of the business combination and any definitive
agreements with respect thereto; the inability to complete the
business combination due to the failure to obtain approval of the
stockholders of Supernova or to satisfy other conditions to
closing; changes to the proposed structure of the business
combination that may be required or appropriate as a result of
applicable laws or regulations or as a condition to obtaining
regulatory approval of the business combination; the ability to
meet stock exchange listing standards following the consummation of
the business combination; the risk that the business combination
disrupts current plans and operations of Offerpad as a result of
the announcement and consummation of the business combination; the
ability to recognize the anticipated benefits of the business
combination, which may be affected by, among other things,
competition, the ability of the combined company to grow and manage
growth profitably, maintain relationships with customers and
suppliers and retain its management and key employees; costs
related to the business combination; changes in applicable laws or
regulations; the ability to respond to general economic conditions;
the health of the U.S. residential real estate industry; the
ability to grow market share in existing markets or any new
markets; the impact of the COVID-19 pandemic; the ability to manage
growth effectively; the ability to accurately value and manage
inventory, and to maintain an adequate and desirable supply of
inventory; the ability to successfully launch new product and
service offerings, and to manage, develop and refine the technology
platform; and other risks and uncertainties set forth in the
sections entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in the registration statement on Form
S-4 and proxy statement/prospectus discussed below and other
documents filed by Supernova from time to time with the Securities
and Exchange Commission (the “SEC”).
Nothing in this press release should be regarded as a
representation by any person that the forward-looking statements
set forth herein will be achieved or that any of the contemplated
results of such forward-looking statements will be achieved. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. Offerpad does not
undertake any duty to update these forward-looking statements.
Additional Information and Where to Find It
Supernova has filed a registration statement on Form S-4 with
the SEC, which includes a proxy statement/prospectus, that will be
both the proxy statement to be distributed to holders of
Supernova’s common stock in connection with its solicitation of
proxies for the vote by Supernova’s stockholders with respect to
the proposed business combination and other matters as described in
the registration statement, as well as the prospectus relating to
the offer and sale of the securities to be issued in the business
combination. After the registration statement is declared
effective, Supernova will mail a definitive proxy
statement/prospectus and other relevant documents to its
stockholders. This press release does not contain all the
information that should be considered concerning the proposed
business combination and is not intended to form the basis of any
investment decision or any other decision in respect of the
business combination. Supernova’s stockholders and other interested
persons are advised to read, when available, the preliminary proxy
statement/prospectus included in the registration statement and the
amendments thereto and the definitive proxy statement/prospectus
and other documents filed in connection with the proposed business
combination, as these materials will contain important information
about Offerpad, Supernova and the business combination. When
available, the definitive proxy statement/prospectus and other
relevant materials for the proposed business combination will be
mailed to stockholders of Supernova as of a record date to be
established for voting on the proposed business combination.
Stockholders will also be able to obtain copies of the preliminary
proxy statement, the definitive proxy statement and other documents
filed with the SEC, without charge, once available, at the SEC’s
website at www.sec.gov, or by directing a request to Supernova’s
secretary at 4301 50th Street NW, Suite 300 PMB 1044, Washington,
D.C. 20016, (202) 918-7050.
Participants in the Solicitation
Supernova and its directors and executive officers may be deemed
participants in the solicitation of proxies from Supernova’s
stockholders with respect to the proposed business combination. A
list of the names of those directors and executive officers and a
description of their interests in Supernova is contained in
Supernova’s registration statement on Form S-4, which is available
free of charge at the SEC’s website at www.sec.gov. To the extent
such holdings of Supernova’s securities may have changed since that
time, such changes have been or will be reflected on Statements of
Change in Ownership on Form 4 filed with the SEC.
Offerpad and its directors and executive officers may also be
deemed to be participants in the solicitation of proxies from the
stockholders of Supernova in connection with the proposed business
combination. A list of the names of those directors and executive
officers and information regarding their interests in the proposed
business combination is contained in Supernova’s registration
statement on Form S-4, which is available free of charge at the
SEC’s website at www.sec.gov.
No Offer or Solicitation
This press release does not constitute (i) a solicitation of a
proxy, consent or authorization with respect to any securities or
in respect of the proposed business combination or (ii) an offer to
sell, a solicitation of an offer to buy, or a recommendation to
purchase any security of Supernova, Offerpad, or any of their
respective affiliates.
#OPAD_Expansion
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version on businesswire.com: https://www.businesswire.com/news/home/20210713005447/en/
David Stephan, david.stephan@offerpad.com
Grafico Azioni Supernova Partners Acqui... (NYSE:SPNV)
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Grafico Azioni Supernova Partners Acqui... (NYSE:SPNV)
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