Offerpad is a huge scam. After getting our initial offer a couple months ago at $290,000 we frequently refreshed their offer so we knew the most up to date offer. We finally found a house we liked and went under contract to purchase as well as sell our house to Offerpad at the same time. After 6+ months of our offers sitting between $270,000-$290,000 from Offerpad we signed a purchase agreement to sell to Offerpad for $275,000. After they send their person to look at our property (basically just take pictures) they sent us a revised offer of $244,000 and acted like it was totally normal. They told us the offer did not decrease because of anything their inspection found; but because they ran their market analysis and it came back at $244,000. Why would they consistently give out offers of $270,000+ for 6+ months then out of the blue drop the offer by $31,000 after you go under contract? Because the figure they have you stuck at that point and don't want to back out to lose on your new house. Long story short, Offerpad will give you an initial high offer hoping to lure you in, get you under contract on a new property, then low ball you after you've already signed a contract hoping you don't want to back out on your new house. Stay far, far away from Offerpad.