CoreLogic has announced the availability of the Platinum level of Marketrac®, a premier online portal that provides intelligent, on-demand data and analysis on real estate transactions to help users gain a competitive edge. With Marketrac Platinum, lenders and title companies can utilize the interactive platform to identify top-performing real estate agents and brokerage firms to prioritize professional relationships based on market trends.
Since the 2008 recession, the rate of new home-building and development has varied drastically from region to region; home sales are relatively stagnant and refinance activity is down 21 percent year-over-year, according to CoreLogic. Combined, these inconsistencies are challenging for real estate professionals—such as lenders and title companies—who need to constantly adapt to market changes to survive. Marketrac helps mitigate these issues by offering users comprehensive transaction-level reporting while also providing access to zip code level data on purchase transactions, construction loans, refinance loans and second mortgage activities.
“Marketrac has become a fundamental tool for real estate industry professionals across the country,” says Shaleen Khatod, executive, Data & Advisory Solutions at CoreLogic. “Marketrac Gold initiated the availability of loan officer information on the platform, and now, the introduction of Platinum sets the foundation for future successes by adding granular real estate agent data into the mix. This offers users access to more than five years of historical data and market analysis at a national, regional, and even zip code level to help them make more informed business decisions and cultivate smart business relationships.”
Beyond data on builders, real estate agents and other lending and title companies, Marketrac users can access information on the top-producing loan officers to support their recruiting initiatives. This information greatly benefits users, helping them benchmark marketshare and identify rising markets while strengthening their internal teams. Additionally, with the ability to choose from dozens of report options ranging from a single zip code to nationwide coverage, users are able to gain insight into underserved markets that are ripe for geographic expansion. Having access to proprietary data from CoreLogic via Marketrac can provide the leg up needed to gain a leading position.
Marketrac contains insights for 2,189 counties in the United States, providing quality information through a convenient online portal. Access to the platform is available on a subscription basis—with options ranging from three months to five years of rolling history—through Bronze, Silver, Gold and, now, Platinum level feature options.
For more information on the Marketrac product suite and new Platinum level solution, visit www.corelogic.com/marketrac.