San Francisco real estate tech firm opens regional hub in Tampa

San Francisco-based real estate tech firm HomeLight has opened a regional hub in Tampa, marking a critical step in its expansion plans for the state. 

HomeLight, which offers a platform that provides expertise for the home buying and selling process for real estate agents and their clients, announced on Monday that the location in the Westshore Concourse Center will serve as the company’s operational hub for  Florida. It will be dedicated to providing exclusive, tech-enabled title and escrow services to the top real estate agents.

The new office will create at least 100 jobs in Tampa and more than 500 across the state, according to the company’s press release.

“As HomeLight plans to hire at least 500 people across the entire state of Florida, Tampa is an ideal city to serve as our first Florida office and regional hub because of the city’s vibrant culture, booming business scene, and diverse talent pool,” said Ankur Bansal, president of HomeLight Closing Services, told the St. Pete Catalyst in a prepared statement. “Our Tampa office will currently serve the St. Petersburg area — and as we continue to expand our products and services across Florida, we’re exploring opening additional offices both locally and across the state.”

HomeLight was attracted to Florida as its closing services line has grown more than 500% in the state since June 2020, as well as Florida’s rapidly growing population.  

The new location is an important step for HomeLight as the company continues to expand its physical footprint in Florida and throughout the U.S.  

The HomeLight listing management tool (Photo courtesy of HomeLight).

“Thanks to HomeLight’s technology platform and the incredible attention to detail from their escrow officers, we’re able to navigate the closing process for our clients with ease — and speed up our closing timeline for clients versus other traditional competitors in the neighborhood,” Re/Max Capital Realty agent Clyde Murphy said. 

HomeLight, founded in 2012, is a privately held company with offices in Scottsdale, San Francisco, New York and Seattle with backing from prominent investors including Zeev Ventures, Menlo Ventures, Group 11, Crosslink Capital, Bullpen Capital, Montage Ventures, Citi Ventures, Google Ventures and others, according to the company’s release.