Realtor.com Relocates Headquarters to Austin, Texas

Categories: California Business NewsCalifornia NewsCalifornia Real Estate

Austin Texas skyline representing the new home of Realtor.com headquarters.

News Summary

Realtor.com has officially moved its corporate headquarters from Santa Clara, California, to Austin, Texas, creating a hub for innovation and expansion. With around 400 employees already in Austin, the company plans to add hundreds more, tapping into the local talent pool and affordable housing market. Local officials, including Governor Greg Abbott, have praised the move, highlighting the benefits of Texas’s business-friendly environment. This relocation is expected to positively impact Austin’s real estate sector and create new opportunities for the community as Realtor.com engages in local initiatives.

Austin Welcomes Realtor.com with Open Arms!

Big news is buzzing around Austin! The popular online real estate marketplace, Realtor.com, has decided to pack its bags and move its corporate headquarters from sunny Santa Clara, California, straight to the heart of Texas. Nestled at 901 E. Sixth St. in Austin, the company has been a community member for some time now, employing around 400 enthusiastic individuals at this location.

A New Chapter Begins

With this exciting move, Austin officially becomes the headquarters for Realtor.com, although the company isn’t entirely waving goodbye to its other offices, which remain in New York and Scottsdale, Arizona. The Santa Clara and Chicago offices, however, will be closing their doors for good!

So, why Austin? The CEO of Realtor.com says that the decision was influenced by a combination of factors. For starters, Austin boasts a central U.S. location that makes it easy for business operations, alongside a reputation for being incredibly business-friendly. The tech scene here is thriving, and the talent pool is deep—making it an ideal spot for a company that thrives on innovation and growth.

Growing in Texas

Excitingly, Realtor.com plans to expand its team significantly in the coming years. They expect to add “many hundreds” of new hires in Austin, focusing mainly on local talent. This is great news for job seekers in the area looking for positions in technology, marketing, and strategy. Texas’s affordable housing market is another draw for the company, which believes this will help attract the best talent.

In 2024, Texas accounted for a whopping 15% of all new housing permits in the U.S., a record-breaking statistic that showcases the rapid growth and demand for homes in the Lone Star state. To top it off, around 48% of the available homes for sale in Texas are priced under $350,000—making it a more budget-friendly option compared to California.

Strength and Stability

One of the most significant advantages of relocating to Austin is that it allows Realtor.com to stand out in a way it couldn’t while in Silicon Valley. The company has made a smart move to establish its brand in an environment where it can differentiate itself. Currently, they lease around 60,000 square feet for their office and are focused on hiring senior technologists, marketers, and strategy professionals initially.

There may be no immediate need for a new office space, but if the company continues to grow as they anticipate, they might be looking at adding more floors to their current building or even relocating elsewhere in the future.

Support from Local Officials

The excitement around the move is palpable, and even the state’s governor has applauded Realtor.com for choosing Texas. Governor Greg Abbott has highlighted the unmatched business environment, attractive tax benefits, and a skilled workforce as strong elements that make Texas an appealing option for companies looking to grow.

Not only does the move create job opportunities, but it also attracts talent from a variety of backgrounds—particularly as Texas is expected to surpass California in population by 2045. Many folks are drawn to Texas for its affordable housing, climate, and broad job opportunities, making it a hotspot for relocation.

Community Engagement

Realtor.com isn’t just a newcomer to the Austin scene; they’ve been active in the community by investing in charitable events and setting up internship programs. This demonstrates an ongoing commitment to connecting with locals and making a positive impact beyond business.

As Realtor.com settles into its new home, the mood is optimistic, and there’s a sense of excitement about what the future holds. Over 25 years in the business and with millions of users visiting their platform each day, this dynamic relocation promises to reshape Austin’s real estate landscape while bringing fresh opportunities to the forefront.

Stay tuned, because this is just the beginning of a great adventure for Realtor.com in the vibrant city of Austin, Texas!