Offerpad and Auction.com, an online marketplace, announced a strategic partnership to 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. As part of the collaboration, 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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPAD:
- Offerpad Solutions downgraded to Market Perform from Outperform at Citizens JMP
- Offerpad Reports Strong Q1 2025 Performance
- Offerpad Solutions sees Q2 revenue $160M-$190M, consensus $251.74M
- Offerpad Solutions reports Q1 EPS (55c), consensus (53c)
- Offerpad Solutions Inc. (OPAD) Q1 Earnings Cheat Sheet