What is RealtyTrac®?
Founded in 1996, RealtyTrac® is the leading online marketplace of foreclosure properties, with more than 1.5 million default, auction and bank-owned listings from over 2,200 U.S. counties, along with detailed property, loan and home sales data. The company’s mission is to make it easier for consumers, investors and real estate professionals to locate, evaluate, buy and sell properties. RealtyTrac is the only major real estate website to feature foreclosure, auction, bank-owned, for-sale-by-owner, and resale properties.
RealtyTrac collects and aggregates foreclosure data, covering more than 90 percent of U.S. households, appends the data with estimated property values, comparable sales, loan history, tax lien and bankruptcy records, trustee and lender information and property details and then updates the entire database twice daily.
RealtyTrac has been chosen to supply foreclosure data and services to Trulia, Zip Realty, RE/MAX International, Prudential Real Estate, Keller Williams Realty, Long & Foster, Weichert Realtors, Realty Executives, Exit Realty, and many other specialized real estate and local news websites.
RealtyTrac publishes a monthly U.S. Foreclosure Market Report, which is the most widely quoted foreclosure trend report in the country, having been featured in stories on The CBS Evening News, ABC World News, NBC Nightly News, Money, Time, FOX News, CNN, CNBC, MSNBC, The Wall Street Journal, Los Angeles Times, Chicago Tribune, San Francisco Chronicle, The Denver Post and dozens of other national, regional and local broadcast, print and online news outlets. The company also publishes a quarterly and annual recap of foreclosures, and a quarterly report that ranks the top 100 metropolitan areas by their foreclosure rates.
RealtyTrac and PEI
Partnering in 2009, PEI created a foreclosure education program for RealtyTrac customers interested in purchasing real estate owned (REOs) or bank-owned properties and discovering strategies to earn profits from the newly acquired asset. These programs offer assistance in purchasing these properties by providing unlimited access to foreclosure experts and online exclusive content. From locating the right properties to mastering creative financing techniques to buying one at auction, the foreclosure experts help customers achieve financial success by sharing decades of industry experience and knowledge.
A Word from a Coach
"Investing in foreclosures shouldn't be daunting. Once you understand the process and how to buy a foreclosure property, you will purchase one in no time!"
— Coach Allison, Foreclosure Expert