IRVINE, Calif. – Jan. 17, 2008 – RealtyTrac™ (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today announced the hiring of real estate industry veteran Larry Spencer. In his role as Vice President, Spencer will focus on industry relations, with a special emphasis on forging relationships with Multiple Listing Services.
“We are delighted that Larry has joined RealtyTrac,” said James J. Saccacio, chief executive officer of RealtyTrac. “Larry brings the kind of industry experience and expertise that will help us move forward, growing and expanding the RealtyTrac brand.”
Spencer brings more than 25 years of real estate experience to RealtyTrac. He has held senior management positions in sales, business development and data licensing with a diverse group of companies, including DataQuick Information Systems, TRW, Inc. and Landata/Stewart Title. He most recently was vice president of business development at Fidelity National Real Estate Solutions. Prior to Fidelity National, Spencer was Vice President and General Manager at NewportWorks, where he was responsible for the development and distribution of unique voice recognition technology and applications for REALTORS® and multiple listing services.
“I am excited to join the RealtyTrac family,” said Spencer, who will develop and manage executive-level relationships with senior real estate executives, customers, and prospects. “I look forward to building new partnerships between RealtyTrac and leading players within the real estate industry and finding new ways to strategically leverage our proprietary data and content.” A graduate of Florida State University, Spencer now lives in Southern California with his wife Debra and their two daughters.
About RealtyTrac Inc.
Ranked as the third largest real estate site by MediaMetrix and No. 53 on Inc. magazine’s 2006 Inc. 500 list of the nation’s fastest-growing private companies, RealtyTrac Inc. (http://www.realtytrac.com/), is the leading online marketplace for foreclosure properties, providing all the resources that home seekers, investors and real estate agents need to locate, evaluate and buy properties below market value.
Founded in 1996, RealtyTrac publishes the largest and most comprehensive national database of pre-foreclosure, foreclosure, For Sale By Owner, resale and new homes, with more than 1 million properties across the country, property reports, productivity tools and extensive professional resources. RealtyTrac hosts nearly 3 million unique visitors monthly and has been chosen to supply foreclosure data to MSN Real Estate, Yahoo! Real Estate and The Wall Street Journal’s Real Estate Journal. For current news and information regarding foreclosure-related issues and trends, visit our blog at www.ForeclosurePulse.com.
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