Offerpad revealed expansion plans that will bring the company's top-rated solutions to residents in Cincinnati; Colorado Springs and Fort Collins, Colo.; Fort Myers, Fla.; and Fort Wayne, Ind. Today's expansion news comes on the heels of continued momentum with the company's best quarter in Offerpad history. Earlier May 4, 2022 the company reported first-quarter financial results announcing a year-over-year $1.1 billion revenue increase.

Offerpad is expected to complete its Fort Myers opening in the second quarter and plans to expand to Cincinnati and the additional three markets later this year. Offerpad plans to begin hiring local real estate experts across all its new markets. Additionally, Offerpad plans to hire local home renovation vendors and develop partnerships with area homebuilders, real estate brokerages and agents.