Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Realtor.com opening new Opcity tech hub in downtown Austin

06/13/2019

Download PDF

Opcity, the real-estate lead generation platform owned by News Corp. subsidiary and Realtor.com operator Move Inc, will soon have a second office in Austin.

The new office, which Realtor.com announced on Thursday, will house 200 employees and will serve as a product and engineering hub for matching buyers and sellers with real estate agents in real time. The office will be located at 901 E. 6th St. in downtown Austin. The second office will complement its current 6800 Burleson Road base in Southeast Austin.

“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,” said Ben Rubenstein, CEO of Opcity, in a prepared statement. “Downtown Austin is a great tech hub and we’re excited to be back in the heart of it.”

Opcity, which was founded in Austin in 2015, uses data science and machine learning to connect home buyers and sellers with a real estate professional through technology. Back in the fall of 2018, Move, Inc. acquired Opcity for $210 million in an effort to bring in Opcity’s concierge-based model in which buyers and sellers are vetted and transaction-ready for the agent.

The new office will be designed by architectural firm Perkins + Will and feature home-inspired décor. According to the company, the move to open a second office is part of its effort to provide more leads to its real estate clients. At the moment, Opcity has approximately 600 consumer experience, sales, marketing, finance and accounting employees and saw its real estate revenues at Move rise 14 percent year-over-year.

Last week, Move Inc. announced that its CEO, Ryan O’Hara, will be leaving the company and that the current president of global digital real estate at News Corp will serve as acting CEO while the company searches for a replacement.

Your client is getting nervous. Now what? 4 proven strategies to take the mystery out of the transaction and make your clients feel at home READ MORE

Email Veronika Bondarenko

How do you stay ahead in a changing market? Inman Connect Las Vegas — featuring 250+ experts from across the industry sharing insight and tactics to navigate threat and seize opportunity in tomorrow’s real estate market. Join more than 4,000 top producers, brokers and industry leaders to network and discover what’s next, July 23-26 at the Aria Resort. Hurry! Tickets are going fast, register today!

Thinking of bringing your team? There are special onsite perks and discounts when you buy tickets together. Contact us to find out more.

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • 10 real estate agent myths outsiders believe

    From the outside looking in, the reality of what real estate agents do and what we are like is often...

  • 5 reasons selling new construction makes more cents

    New-construction sales offer both buyers and their agents financial advantages that many might not b...

  • The Real Word: Realogy’s lawsuit with Compass

    Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related top...

  • How to protect your brand in the midst of change

    Never stop thinking about what your business stands for or your values and services as the real esta...

  • Audience Town believes it can end ‘pay and spray’ advertising

    Ed Carey, founder and CEO of Audience Town, a new real estate advertising company, believes lead gen...

  • Cincinnati apologizes, agrees to pay $151K to Realtor handcuffed while showing home to client

    The city of Cincinnati has issued an apology and agreed to pay $151,000 to settle a case in which a ...

  • A carpeted bathroom? Woman’s shocked Reddit post goes viral

    A woman who was shocked to find a carpeted floor in her grandmother’s house has sparked a larg...

  • Charles Manson murder mansion hits the market for $1.98M

    The villa where the followers of Charles Manson murdered Leno and Rosermary LaBianca in 1969 has hit...

  • Opendoor CEO: ‘We can be a winner-take-most company’

    Ahead of his talk at Inman Connect Las Vegas next week, the top dog of the biggest iBuyer discussed ...

  • Rents in the US just keep going up and up

    This story is featured in Property Portfolio, Inman’s new free weekly newsletter. Every Tuesday, w...

July 2019
Mon Tue Wed Thu Fri Sat Sun
« Jun    
1234567
891011121314
15161718192021
22232425262728
293031  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...