Restoration Homes or Offerpad: Which Cash Buyer Is Right for You?

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South Carolina’s Trusted Cash Home Buyer Since 2009

Thinking about selling your house for cash in the Midlands? You’re probably comparing Restoration Homes and Offerpad. Restoration Homes is local — born and raised in Chapin, SC, buying houses across the Midlands since 2009. Offerpad is a national iBuyer headquartered out in Arizona that’s been around since 2015 and trades on the New York Stock Exchange under ticker OPAD. Both companies make direct cash offers and skip the listing process, but they’re built differently. Here’s how the two stack up.

Meet Both Companies

About Restoration Homes

Restoration Homes was founded in 2009 and is locally owned and operated out of Chapin, SC. We buy houses across the SC Midlands — Lexington, Richland, Sumter, and Newberry counties. Every offer comes from an in-person walkthrough by our local team, not an algorithm, so the price reflects what your house actually looks like and what’s happening in your specific neighborhood. We charge no service fees, pay standard seller closing costs, and buy houses in any condition — fire and water damage, hoarder situations, code violations, deferred maintenance, and inherited estates that other buyers won’t touch. After we buy, we either fix it up ourselves, hold it as a rental, or pass it to our investor network. You can call us directly at (803) 590-8818 and close in as little as 7 days, on the timeline that works for you.

About Offerpad

Offerpad is a national iBuyer (NYSE: OPAD) headquartered in Chandler, Arizona. The company was founded in 2015 by Brian Bair and Jerry Coleman and went public in September 2021 through a SPAC merger with Supernova Partners Acquisition Company. Offerpad combines local market data with technology-driven analysis to generate cash offers, then schedules a home visit before finalizing. They charge a simple 5% service fee, sellers pay their own closing costs (around 1%), and they have eligibility restrictions on the homes they’ll buy.

Restoration Homes vs Offerpad — Side by Side

Restoration HomesOfferpad
Type of buyerLocal cash buyer (privately owned)National iBuyer (NYSE: OPAD)
HeadquartersChapin, SCChandler, AZ
Markets servedLexington, Richland, Sumter, Newberry counties1,700+ cities and towns across the U.S.
How offers are madeIn-person walkthrough by our local teamLocal market data + technology analysis, then in-person home visit
Service feeNone5% service fee
Closing costsWe pay standard seller closing costsSeller pays their own closing costs (around 1%)
Houses in any conditionYes — including damaged, hoarder, code-violation, and inherited propertiesTypically excludes homes built before 1950, lots larger than 2 acres, mobile or manufactured homes, and homes with significant structural issues
Closing timelineAs fast as 7 days8 business days to 60 days (varies by state)

What They Have In Common

  • Both make direct cash offers — no listing, no showings, no open houses
  • Both let you pick a closing date that works for your timeline
  • Both buy as-is at the agreed price — no repairs needed before closing

Where They Differ

  • Restoration Homes is locally owned and operated in Chapin, SC, with hands-on knowledge of every Midlands neighborhood since 2009. Offerpad is a national iBuyer headquartered in Chandler, Arizona, operating in more than 1,700 cities and towns across the country.
  • Every Restoration Homes offer is built on an in-person walkthrough by our local team, so the price reflects exactly what your house looks like and what's happening in your neighborhood. Offerpad combines local market data with technology-driven analysis to generate the initial offer, then schedules an in-person home visit before finalizing.
  • Restoration Homes buys houses in any condition — fire and water damage, hoarder situations, code violations, deferred maintenance, and inherited estates included. Offerpad publicly states it typically does not buy homes built before 1950, manufactured or mobile homes, lots larger than 2 acres, homes valued above $1 million in some markets, or homes with significant structural issues.
  • Restoration Homes charges no service fee and pays standard seller closing costs. Offerpad charges a 5% service fee and the seller pays their own closing costs, which they note are around 1% of the purchase price.

Common Questions

Yes — Offerpad lists South Carolina among its service states and publishes minimum closing timeframes for SC homes (8 business days with no HOA, 11 business days with an HOA). They operate in more than 1,700 cities and towns across the country, but the fastest way to confirm whether your specific Midlands address qualifies is to enter it on offerpad.com — coverage and eligibility can vary by city, home age, lot size, value, and condition.

Restoration Homes bases every offer on an in-person walkthrough by our local team in Chapin, SC, so the price reflects what your house actually looks like and what’s happening on your specific street. Offerpad combines local market data with technology-driven analysis to generate the initial cash offer, then schedules an in-person home visit before the price is finalized. Restoration Homes also charges no service fee and pays standard seller closing costs, while Offerpad charges a 5% service fee and the seller covers their own closing costs.

Yes — both companies give free, no-obligation cash offers, and getting one doesn’t lock you into anything. Plenty of Midlands homeowners get both and compare side by side before deciding. You can call Restoration Homes directly at (803) 590-8818 to schedule a walkthrough, and you can request an Offerpad offer by entering your address at offerpad.com.

Restoration Homes buys houses in any condition — fire and water damage, hoarder situations, code violations, deferred maintenance, and inherited estates included. That’s most of what we buy. Offerpad publicly states it typically does not buy homes with significant structural issues, manufactured or mobile homes, homes built before 1950, or lots larger than 2 acres, so older Midlands homes or properties with deferred maintenance may fall outside what they purchase.

Get Your Free Cash Offer From Restoration Homes

No service fees. In-person walkthrough. Close in as little as 7 days.
Or call/text us (803) 590-8818

Offerpad® is a registered trademark of Offerpad Solutions Inc. This page is an independent comparison and is not affiliated with, endorsed by, or sponsored by Offerpad.