Strategic Partnership Also Allows RE/MAX to Leverage Neighborhood and Local Information from RealtyTrac’s Homefacts Subsidiary
IRVINE, Calif. – July 11, 2014 — RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, and RE/MAX, LLC. (http://www.remax.com) today announced a new agreement that allows RE/MAX agents and their clients to have real-time access to RealtyTrac’s nationwide foreclosure database of default, auction and bank-owned properties, as well as comprehensive neighborhood and housing data from RealtyTrac’s proprietary Homefacts data (www.homefacts.com).
The strategic data enhancement agreement allows remax.com and its affiliated web properties to leverage RealtyTrac’s Homefacts local information to enhance current for-sale listings with neighborhood data points, including school information, neighborhood points of interest, crime statistics, demographics and environmental data. Additionally, RealtyTrac will allow an integrated search and subscription access to its comprehensive database of 1.1 million properties to RE/MAX users. The RealtyTrac foreclosure data is now live on the Remax.com website as a first phase of implementation, with the Homefacts neighborhood and local information to follow.
“This is an exciting relationship between RE/MAX, LLC and RealtyTrac,” said RealtyTrac Vice President Alan J. Mao. “We believe that a complete perspective is essential in making a truly informed real-estate decision. Now, at remax.com, clients and agents will have access to a comprehensive view of the property marketplace, including 1.1 million foreclosures and soon the neighborhood and local characteristics that truly drive real estate decision-making.”
“In the ever changing real estate market, we’re constantly enhancing our web experience to provide consumers with helpful data for making informed decisions, and our agents with competitive advantages,” said Tim Drouillard, Vice President, Information Technology at RE/MAX, LLC. “We’re delighted to integrate RealtyTrac’s extensive database into remax.com and look forward to a long relationship.”
About the RE/MAX Network
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 94,000 agents provide RE/MAX a global reach of more than 95 countries. Nobody sells more real estate than RE/MAX.
RE/MAX, LLC, one of the world’s leading franchisors of real estate brokerage services, is a subsidiary of RE/MAX Holdings, Inc. (NYSE:RMAX).
With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $140 million for Children’s Miracle Network Hospitals®, Susan G. Komen® and other charities.
For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com.
About RealtyTrac Inc.
RealtyTrac is a leading supplier of U.S. real estate data, with nationwide parcel-level records for more than 127 million U.S. parcels that include property characteristics, tax assessor data, sales and mortgage deed records, Automated Valuation Models (AVMs) and 20 million active and historical default, foreclosure auction and bank-owned properties. RealtyTrac’s housing data and foreclosure reports are relied on by many federal government agencies, numerous state housing and banking departments, investment funds as well as millions of real estate professionals and consumers, to help evaluate housing trends and make informed decisions about real estate.
RealtyTrac Media Contacts:
Jennifer von Pohlmann
949.502.8300, ext. 268
RealtyTrac Data and Report Licensing:
RE/MAX Media Contact: