IRVINE, Calif. – Jan. 21, 2009 – RealtyTrac™ (http://www.realtytrac.com/), the leading online marketplace for foreclosure properties, today announced that Ari Monkarsh has been promoted to the position of vice president of business development. In his new role, Monkarsh will focus on member subscription sales, advertising sales, traffic, lead generation programs and product sales.
“The promotion of Ari to vice president of business development is an indication of the deep pool of management and leadership talent we are proud to have developed within the RealtyTrac organization,” said James J. Saccacio, chief executive officer of RealtyTrac. “Ari has been instrumental in positioning the RealtyTrac brand and creating and maintaining key relationships within the real estate industry. Ari brings the kind of high-level industry experience and expertise that will help us move forward to grow and expand the RealtyTrac brand in the future.”
Ari joined RealtyTrac in 2005 to expand and manage the company’s professional sales organization. Since that time, he has played an integral role in the creation and implementation of RealtyTrac’s sales and marketing strategy, which has led to explosive growth and significant strengthening of RealtyTrac’s business development programs. Under Ari’s leadership, RealtyTrac has developed partnerships with many of the leading companies in the real estate market. Ari was also instrumental in expanding RealtyTrac’s new business units, developing the company’s new auction, training and educational services.
Prior to joining RealtyTrac, Ari was instrumental in re-engineering Homestore’s Realtor.com operation, increasing sales activities among the 150 inside and field sales representatives.
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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