RISMEDIA, October 11, 2010—RealtyTrac® (www.realtytrac.com), a leading online marketplace for foreclosure properties, has announced the release of an exclusive, recently sold feature that allows users to see detailed information for all properties that sold in the last three, six and nine months in any given area.
“The new recently sold feature will help our users determine what buyers have recently paid for properties in any neighborhood nationwide,” said James J. Saccacio, chief executive officer of RealtyTrac. “That knowledge is extremely useful for many different types of users for different reasons. It will help homebuyers determine how much to offer; it will help sellers determine how much to ask; it will help homeowners determine how much their property is worth; and it will help investors determine the profit and cash flow potential of a neighborhood.”
According to the company, RealtyTrac is the only real estate website that combines recently sold data with foreclosure properties and Multiple Listing Service (MLS) information. RealtyTrac users can search 2.5 million recently sold properties. Subscribers also have access to more than 2 million properties in some stage of foreclosure, and can also view another 1.5 MLS listings for sale. Collectively, these three data sets — recently sold listings, foreclosure properties and MLS listings — account for 6 million properties.
Subscribers will be able to view property details — including the number of bedrooms, bathrooms, square footage, lot size, and year built — for recently sold properties. In addition, they will see the sales price, sales date, and the foreclosure status of the property when it sold. The recently sold data includes both properties in foreclosure and properties not in foreclosure.
An interactive map plots the location of recently sold properties in relation to other properties posted on RealtyTrac, giving users the ability to compare recently sold properties to nearby pre-foreclosures, auctions, bank-owned homes, and resale homes. Subscription is required for full access to the new recently sold feature.
View video on how to use the new Recently Sold feature on RealtyTrac.
For more information visit www.realtytrac.com.
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