RISMEDIA, July 10, 2009-RE/MAX International, Inc., announced this week that visitors to remax.com soon will be able to search more than 1.8 million REO properties in the U.S. via a strategic partnership with RealtyTrac (www.realtytrac.com). Through the partnership, RE/MAX Associates receive discounted subscription rates to RealtyTrac, the nation’s leading online foreclosure marketplace.
RE/MAX agents are uniquely qualified to manage foreclosures and distressed properties as more RE/MAX Associates have earned the Certified Distressed Property Expert® (CDPE) designation than agents from any other national real estate network. The CDPE training, through The Distressed Property Institute, gives RE/MAX agents the expertise to assist buyers and sellers of REO and distressed properties.
“The new partnership with RealtyTrac is about adapting to today’s real estate market,” said Kristi Graning, senior vice president, Information Technology and eBusiness for RE/MAX International. “In addition to the training they’re receiving on distressed properties, RE/MAX Associates can leverage the RealtyTrac foreclosure information and inventory on remax.com to help their buyers and sellers make informed decisions.”
RealtyTrac averages approximately three million unique monthly visitors. Through the subscription, RE/MAX agents have access to foreclosure information – including properties in default, properties scheduled for public foreclosure auction and bank-owned properties – along with foreclosure loan information, tax assessment information, comprehensive lien and loan history and neighborhood home sale trends.
“We are very pleased to be working with one of the world’s leading real estate brands and are excited to be providing RE/MAX International with foreclosure data,” said Rick Sharga, Senior Vice President for RealtyTrac. “Together, we believe we can have a positive impact on the national housing market by providing RE/MAX Associates with vital information they can use to help their customers with foreclosures.”