RealtyTrac and RE/MAX LLC have formed a new agreement that allows RE/MAX agents and their clients to have real-time access to RealtyTrac's nationwide foreclosure database of default, auction and bank-owned properties, as well as neighborhood and housing data from Homefacts, RealtyTrac's subsidiary.
The strategic data enhancement agreement allows remax.com and its affiliated Web properties to leverage RealtyTrac's Homefacts local information to enhance current for-sale listings with neighborhood data points, including school information, neighborhood points of interest, crime statistics, demographics and environmental data.
Additionally, RealtyTrac will give RE/MAX users integrated search and subscription access to its property database. The RealtyTrac foreclosure data is now live on the RE/MAX website as the first phase of implementation, with the Homefacts neighborhood and local information to follow.
"We believe that a complete perspective is essential in making a truly informed real estate decision," says Alan J. Mao, vice president of RealtyTrac. "Now, at remax.com, clients and agents will have access to a comprehensive view of the property marketplace, including 1.1 million foreclosures and soon the neighborhood and local characteristics that truly drive real estate decision-making."