Realtor.com has moved its headquarters to Austin, Texas, showcasing its modern office design.
Realtor.com has officially relocated its corporate headquarters from Santa Clara, California, to Austin, Texas, embracing the city’s vibrant tech scene and business-friendly atmosphere. With plans to hire numerous local professionals and maintain a diverse presence across the country, this strategic move is expected to bolster the local job market and real estate landscape. Texas, known for its affordable housing and skilled workforce, provides the perfect environment for Realtor.com to expand its reach and community engagement.
Big news is buzzing in Austin, Texas as Realtor.com officially announces its move from Santa Clara, California! The company, a popular name in the real estate sector, is making Austin its new corporate headquarters. With a current workforce of around 400 people housed at 901 E. Sixth St., this bustling city is set to embrace even more excitement as Realtor.com gears up for future growth.
Why is Realtor.com making the big leap to Texas? The reason is clear! Austin’s central location within the United States, coupled with its business-friendly atmosphere and vibrant tech scene, made the decision easier for company leaders. The workforce here is rich with talent, which is a massive plus. This strategic shift comes at a time when Texas is showcasing its potential as a burgeoning hub for companies looking to make a mark.
As part of this transition, Realtor.com will be closing its offices in Santa Clara and Chicago. However, they aren’t entirely saying goodbye to their other locations just yet. They’ll still maintain offices in New York and Scottsdale, Arizona, ensuring they have a diverse footprint across the country.
Hold onto your hats, folks! With the move, Realtor.com plans to hire “many hundreds” of new team members right here in Austin. They will primarily focus on finding local talent to join their ranks, particularly seeking senior technologists, marketers, and strategy professionals. This expansion not only invites new faces to the company but also strengthens the local job market.
Another crucial factor? You guessed it—affordable housing! Texas offers a more reasonable cost of living compared to California, making it an attractive option for both businesses and individuals alike. In fact, a whopping 48% of all homes for sale in Texas during 2024 were priced under $350,000, demonstrating a real opportunity for those looking to buy. Also, last year, Texas accounted for 15% of all new housing permits in the nation, verifying its position as a leader in real estate development.
Moving to Austin is expected to let Realtor.com stand out in ways that weren’t quite possible in Silicon Valley. The company has already shown its commitment to the local community by engaging in charitable events and establishing an internship program, enhancing its connection with the vibrant Austin culture.
Currently, Realtor.com enjoys about 60,000 square feet of leased office space in Austin, perfect for their current needs. While there’s no immediate need for expansion, if the growth continues as anticipated, they may consider adding floors or even seeking new locations. Exciting times ahead for the team at Realtor.com!
Texas Governor Greg Abbott has commended this move, emphasizing what makes the Lone Star State such a magnet for businesses: its unmatched business environment, tax advantages, and a skilled workforce ready for any challenge. In fact, projections suggest that Texas could overtake California as the most populous state by 2045. Migration flows into Texas are surging, fueled by job opportunities, affordable housing, and a climate that fits many preferences.
As Realtor.com establishes its new headquarters in Austin, there’s a palpable sense of excitement in the air. This relocation is certainly more than just a change of address; it signals a flourishing future both for the company and for the real estate market in Texas. With new hires on the horizon and a vibrant community to engage with, there’s no doubt that Realtor.com will be making waves in the months and years to come!
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