Homeowner reading a tablet at a kitchen island while comparing home-selling options

SellMyHouse.co vs Offerpad: Honest side-by-side comparison

Both SellMyHouse.co and Offerpad provide homeowners with a way to sell without listing their home on the open market through a real estate agent. However, their processes, purchasing criteria, fees, and ideal customers differ significantly.

SellMyHouse.co is our own service. This comparison is based on publicly available information about Offerpad, which can change, so confirm current details with each company before you decide.

How they work

SellMyHouse.co

SellMyHouse.co connects sellers with a network of experienced local cash home buyers. You request an offer online, a buyer visits your property, and you decide whether to accept. Buyers purchase as is, and you choose your closing date. There are no agent commissions or seller fees, and typical closing costs are covered, so they don’t come out of your offer.

Offerpad

Offerpad is an iBuyer that uses automated valuation technology to generate near-instant offers on qualifying homes. After you accept an initial offer, Offerpad conducts an inspection and may adjust the offer based on repair findings. Sellers choose a closing date, and Offerpad separately offers an optional post-close stay of up to 90 days for sellers who need more time to move out after closing.

Fees

SellMyHouse.co

No commissions. No seller fees. Typical closing costs are covered, so they don’t come out of your offer.

Offerpad

Offerpad’s service fee was 5% but has reportedly risen to around 8%, and the company no longer publishes the current rate on its site. Confirm the exact fee directly with Offerpad before signing. Repair costs found during the inspection may also be deducted from the offer.

Offer price

SellMyHouse.co

Offers from cash home buyers often fall in the range of 70-85% of market value, depending on the home’s condition and location. No fees are subtracted from this amount.

Offerpad

In a Clever Real Estate analysis of 123 Offerpad homes bought and resold between 2023 and 2025, Offerpad’s purchase prices averaged 13.89% below resale value. Because the service fee and any repair deductions come out of the offer, the amount you take home can be noticeably lower than that figure suggests.

Older single-story house with worn porch trim, overgrown shrubs, and a cracked front walkway

What they buy

SellMyHouse.co

Buyers in the SellMyHouse.co network purchase houses in almost any condition, including homes needing major repairs, homes with tenants or title issues, inherited properties, and pre-foreclosure situations. They also consider properties outside major metro areas, which some buyers pass on.

Offerpad

Offerpad buys move-in-ready single-family homes within its service area and target price range. Homes needing significant repairs, condos in certain markets, and homes outside its 16-metro footprint are typically ineligible.

Closing speed

SellMyHouse.co

Once you accept an offer, you pick the closing date. There’s no traditional mortgage lender involved, so the schedule is largely up to you.

Offerpad

Closing can happen in as few as 8 days or be scheduled up to 60 days out, depending on the offer. Offerpad’s optional post-close stay of up to 90 days is separate and gives sellers extra time to move out after closing.

Which is right for you?

Offerpad may be worth a look if your home qualifies (good condition, in its service area, within its price range) and you want the extended post-close stay option or a free move.

SellMyHouse.co may be a better fit if your home doesn’t qualify for Offerpad, if you’d rather avoid seller fees, if you’re dealing with a complex situation, or if you’re outside a major metro.

Woman at a dining table writing a list on a notepad

Homeowner standing on a gravel driveway in front of a rural farmhouse

Why homeowners consider SellMyHouse.co

Offerpad may be an option for homeowners whose properties meet its current location, condition, and price requirements. SellMyHouse.co connects homeowners with cash buyers who may be able to purchase homes in a wider range of conditions, including properties that need repairs or updates.

With SellMyHouse.co, you can explore an as-is sale without making repairs or preparing the home for the traditional market. There are no agent commissions, and typical closing costs are covered, so they don’t come out of your offer.

Averages and estimates only tell you so much. What matters is the offer for your specific home and what you can expect to keep after the costs of selling.

Compare a SellMyHouse.co offer with Offerpad

The clearest way to compare is with real numbers for your own house. Request a cash offer through SellMyHouse.co and put it side by side with any Offerpad offer you receive. There’s no cost to request an offer and no obligation to accept.

Get My Cash Offer

Frequently Asked Questions

Does Offerpad buy houses that need repairs?

Generally, no. Offerpad targets move-in-ready homes. Significant repair needs typically result in a declined offer or a large inspection-based deduction.

Can I request both a SellMyHouse.co offer and an Offerpad offer?

Yes. There’s no cost to request either offer, and no obligation to accept. Getting both lets you make a direct comparison.

Does Offerpad charge more than a traditional agent?

It can. Offerpad’s service fee has reportedly risen to around 8%, and repair costs found during the inspection may also be deducted. Depending on the home, those combined costs can be comparable to or higher than a traditional agent commission. The trade-off is speed and convenience rather than lower selling costs, so confirm current fees directly with Offerpad before signing.