Key facts
- Offerpad is resuming home buying operations in 2026.
- Offerpad founder and CEO Brian Bair announced the resumption of home buying.
- The company had previously halted home buying operations due to financial struggles and net losses.
- Offerpad has evolved its business model to offer multiple solutions beyond iBuying.
- The company aims to turn its 'engine back on' in 2026.
Offerpad, the online real estate company, is preparing to restart its home buying operations in 2026. This announcement comes from Offerpad founder and CEO Brian Bair, who stated that the company is "turning the engine back on." The firm had suspended its iBuying activities several years ago, a period marked by significant financial struggles and net losses. In response to these challenges, Offerpad has undergone a strategic evolution of its business model. The company now offers multiple solutions that extend beyond its original iBuying services. This diversification aims to create a more robust and sustainable business, positioning Offerpad for a return to growth and profitability in the coming years.