As executive producers at Scott Brothers Entertainment, Jonathan and Scott's production company will also develop home-related series and digital content in partnership with the network's programming and creative teams.
"Jonathan and Drew are the epitome of innovative, multi-talented television stars and they inspire audiences no matter the vehicle, no matter the platform," HGTV executive Allison Page said in a statement.
"We have big ideas in development at HGTV and there's no way we would want to continue our creative journey without the Scott brothers."
Jonathan, a licensed contractor, and Drew, a real estate agent, have been known to solve renovation challenges and create dream homes for their clients. They find, buy and transform fixer-uppers for people on a strict timeline and budget.
"We're beyond excited to continue the relationship with our incredibly talented friends at HGTV," Drew said in a statement.
"We truly love what we do, and promise that even though we have a ridiculous amount of fun... we'll actually get a little work done, too, and continue helping families through our shows," added Jonathan.
Drew recently competed on Season 25 of Dancing with the Stars with Emma Slater. The couple finished in fourth place.