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RealtyTrac Adds 40,000 For-Sale-By-Owner (FSBO) Properties to Its National Real Estate Database

Posted: 2005-05-17 10:06:39

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IRVINE, CA -- Leading Online Foreclosure Marketplace Offers More Opportunities for Househunters, and Real Estate Investors to Find Properties Below Market Value RealtyTrac (www.realtytrac.com), the leading online marketplace for foreclosure properties, and one of the Internet's fastest-growing real estate sites, today announced that it has added more than 40,000 For-Sale-By-Owner (FSBO) properties to its industry-leading database of pre-foreclosure and foreclosure properties. This eight percent increase in property records secures RealtyTrac's spot as the largest and most comprehensive property database for home seekers, investors and real estate agents looking for properties at below market value.

RealtyTrac's database includes more than 550,000 properties from nearly 2,000 counties across the country, and the company is the exclusive foreclosure data provider to MSN House & Home, Yahoo! Real Estate and www.HomeGain.com.

"RealtyTrac is dedicated to providing our members and partners with more choices, and the best and most comprehensive data about real estate opportunities that can't be found on other real estate sites," said James J. Saccacio, RealtyTrac chief executive officer. "With FSBO listings, we're adding a whole new source of available homes for our subscribers, who can work with our financial services and real estate partners to finalize their purchase."

RealtyTrac's FSBO listings will offer detailed information that can't be found on any other FSBO site, including an "automatic valuation" that provides subscribers with an idea of the actual market value of the property. In addition, the FSBO database includes an unrivaled number of ancillary property detail reports, comparable sales reports and legal and transaction history information.

With the addition of these FSBO listings, RealtyTrac subscribers now have access to the hardest-to-find properties in the real estate market: For-Sale- by-Owner, pre-foreclosure, auction and bank-owned homes. Future plans include the development of an easy-to-use web-based tool that allows owners to receive online offers from prospective buyers.

About RealtyTrac, Inc.

RealtyTrac Inc. (www.realtytrac.com), the leading online marketplace for foreclosure properties provides 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 sets a new standard for online real estate services by offering the largest database of pre-foreclosure and foreclosure properties, with more than 550,000 properties across the country, comprehensive property data, productivity tools and extensive professional resources. RealtyTrac hosts close to two million unique visitors monthly and is the exclusive foreclosure data provider to www.HomeGain.com, MSN House & Home, and Yahoo! Real Estate. For more information, visit www.realtytrac.com.


Source: RealtyTrac, Inc.

   Notes:
CONTACT: Michelle Sabolich of Atomic Public Relations, +1-415-402-0230,
michelle.sabolich@atomicpr.com, for RealtyTrac, Inc.

Web site: http://www.realtytrac.com/

About This Release
If you have any questions regarding information in this press release, please contact the organization listed in the press release. Issuers of press releases and not TCI are solely responsible for the accuracy of the content.

 
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