Residential real estate transaction tech company Offerpad and online marketplace Auction.com have formed a strategic partnership the two companies said will transform how homes are bought and sold. By aligning their strengths and capabilities, the companies aim to deliver greater value, speed, and care for buyers, sellers and communities.
Offerpad’s Renovate division will become a preferred partner of renovation services for buyers ranging from local community developers to institutions acquiring properties. This service complements Auction.com’s marketplace scale with Offerpad’s renovation expertise, enabling buyers to more easily transform acquired properties into high-quality, move-in ready homes.
Additionally, Auction.com’s SmartSale platform will extend Offerpad’s ability to serve its homeowners’ competitive offers through expanded buyer reach.
“This partnership brings together two companies with a shared commitment to improving communities through smart real estate solutions,” said Brian Bair, chairman and CEO of Offerpad. “Renovate was built from the ground up to deliver quality work with speed and care, and working with Auction.com allows us to bring that expertise to more homes and more partners across the country.”
Offerpad launched its Renovate business after years of developing in-house expertise through its own home inventory operations. What began as an internal function has evolved into a B2B renovation platform across the country, now serving institutional clients nationwide.
“We’re excited to partner with Offerpad to bring together two of the leading real estate marketplaces,” said Ali Haralson, president of Auction.com. “This partnership strengthens our ability to serve sellers and buyers at scale — from local community developers to institutional investors — while helping neighborhoods thrive.”
