Offerpad announced the launch of PriceLock, a new feature designed to provide homeowners with a secured final selling price at the time of contract signing. This initiative aims to eliminate uncertainty and protect sellers from unexpected price reductions that can occur later in the selling process. The company states that this commitment ensures the price agreed upon at contract is the price received.
The PriceLock program is intended to give sellers peace of mind, addressing a common concern in real estate transactions. This offering is part of Offerpad's broader strategy to simplify the home selling experience and enhance customer trust. Price and eligibility for the program may vary, and specific terms and conditions apply.
Cortney Read, Chief of Staff & VP of Operations at Offerpad, emphasized that customers should not have to worry about price changes when selling their home. The introduction of PriceLock reinforces Offerpad's dedication to providing certainty and confidence to its clients.
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