AUSTIN, Texas, June 13, 2019 /PRNewswire/ --
Realtor.com®, operated by Move, Inc., today announced
plans to open a second office in Austin. Its new downtown location
will serve as a product and engineering hub for its Opcity
business, the real estate technology platform that improves the
home buying and selling experience by quickly connecting consumers
to a real estate professional who meets their specific needs.
Named a Best Place to Work in 2019 by the Austin Business
Journal and by both Inc. Magazine and the Austin American-Statesman
in 2018, Opcity expects to move into its second location at 901 E.
6th St. – a 129,444-square-foot creative office building currently
under construction, of which it will rent approximately 29,000
square feet – in the fall. It expects to house nearly 200
product, engineering, data science and analytics employees at the
new site.
"This new location will give us access to a greater pool of
resources and talent that will allow us to remain a leader in real
estate innovation. Downtown Austin
is a great tech hub and we're excited to be back in the heart of
it," said Ben Rubenstein, CEO of
Opcity.
The space offers natural light and the ability to tailor the
layout to Opcity's specific needs. It is being designed by
architectural firm Perkins + Will to mirror other
realtor.com® locations. The design will incorporate
home-inspired furniture and decor to reinforce
realtor.com®'s mission of making buying and selling
homes easier and more rewarding. To inspire employees to do their
best work, the office will be equipped with a fully stocked
kitchenette, meeting and huddle rooms, secure bike racks, a dog
park, showers, and more.
The 901 E. 6th location is in close proximity to many
restaurants as well as the highway and Metrorail, making it an
ideal location and easy commute from anywhere in the city.
Founded in 2015, Opcity is a fast-growing technology platform
that uses data science and machine learning to connect home buyers
and sellers with a real estate professional that meets their
specific needs. Move, Inc. acquired Opcity in October 2018 to serve as the foundation for
building a highly personalized, guided experience that helps
consumers navigate the complexities of buying and selling a
home.
Speaking in an earnings call last month, Move owner News Corp's
Chief Executive Robert Thomson said
that the acquisition of Opcity represents "an investment in future
growth," and noted that "providing higher quality leads to real
estate professionals is part of the changing U.S. property market
and will result in higher quality returns for
realtor.com®."
Real estate revenues at Move rose 14 percent year-over-year as
of the third quarter of Fiscal Year 2019, and
realtor.com® experienced record traffic in April, up 7
percent from the prior year to over 69 million uniques, leading to
209 million visits. According to April data from Comscore,
realtor.com® has a greater number of visits per
visitor compared to the competition, with more total views per user
across all platforms.
Opcity currently employs approximately 600 consumer experience,
sales, marketing, finance and accounting employees at its 6800
Burleson Road headquarters location.
To see a complete list of open positions, visit
opcity.com/careers
About Move, Inc.
Move, Inc., a subsidiary of News
Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV], operates a family of
websites and mobile experiences for consumers and real estate
professionals through all stages of the home journey. This includes
realtor.com®, a leading online real estate destination
that pioneered digital real estate more than 20 years ago.
Operating under a perpetual license from the National Association
of REALTORS®, realtor.com®, offers the most
MLS-listed for-sale listings among national real estate portals,
and access to information, tools and professional expertise that
help people move confidently through every step of their home
journey. Through its Opcity platform, realtor.com® uses
data science and machine learning to connect consumers with a real
estate professional based on their specific buying and selling
needs.
For more information, contact:
Lexie Holbert at
lexie.puckett@move.com
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SOURCE realtor.com