Outpad, Veiling.com announce real estate transaction partnership

3 weeks ago

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The companies said that the cooperation will simplify efforts to convert acquired properties into fashion-in-speech houses, while the reach of both platforms is expanded.

“This partnership brings two companies together with a shared dedication to improve communities through smart real estate solutions,” said Brian Bair, chairman and CEO of Offerpad. “Renovation is structured from the ground to deliver quality work with speed and care, and working with Auction.com enables us to bring that expertise to more houses and more partners throughout the country.”

“We are pleased to work with the supply path to bring two of the leading real estate marketplaces together,” added Auction.com -President Ali Haralson. “This partnership reinforces our ability to serve sellers and buyers to scale – from local community developers to institutional investors – while neighborhoods thrive.”

In addition to the renovation partnership, offering path will use the Smartsal platform of Auction.com to increase the exposure for properties stated on its platform, which makes it possible to stimulate the activity of the competition offer.

Smartsale, launched in January, is designed to combine traditional real estate methods with the online marketplace of Auction.com.

Offerpad launched its renovation division after years of handling repairs and upgrades on his own home inventory. Since then it has grown into a stand-alone company-to-business platform.

In the first quarter of 2025, the company completed more than 200 renovation projects, with a turnover of $ 5.3 million – the highest total to date. Almost half of that part came from institutional clients, reported with strong activities in Texas, Georgia, Colorado, Tennessee and Kansas.

The companies said that cooperation reflects a broader effort to make real estate transactions more transparent, more efficient and inclusive, while accelerating the revitalization of the community by improving the situation and the availability of houses.