RealtyTrac Enhances Online Offerings and Resources for Real Estate Investors and Agents
Irvine, California – (BUSINESS WIRE) – RealtyTrac, the largest online foreclosure and distressed real estate marketplace and part of ATTOM Data Solutions, today announced a significant improvement in its data offerings and resources – available on realtytrac.com – to help private investors and real estate agents find and find out Analysis to help and invest in residential property. The new web platform features RealtyTrac’s real estate database, which contains more than 90% of foreclosed homes in the United States, the largest distressed real estate database available to investors and brokers.
The new RealtyTrac website offers interactive resources including real estate investment analysis tools and financing options. These advanced services provide a single source for those looking to repair and convert real estate, or to buy, repair, and rent real estate for ongoing income. For real estate agents, the website helps find inventory for their clients interested in buying from foreclosures.
“We have paid close attention to what individual investors are looking for in terms of search functionality and property analysis and have incorporated this into our new offerings,” said Ohan Antebian, General Manager of RealtyTrac. “A single source of distressed property data coupled with advanced analytical tools and investor training gives real estate investors a real advantage in identifying, buying and managing their real estate investments.”
As part of its expansion, RealtyTrac is working with the six largest online auction companies to add to its proprietary database of foreclosures, bank-owned real estate, MLS listings, auctions and short sales. Partners include Auction.com, Hubzu, RealtyBid, ServiceLink, and Williams & Williams. These partnerships give RealtyTrac users access to the largest collection of online foreclosure auctions in the world.
The RealtyTrac database provides instant access to individual property information, including number of bedrooms and bathrooms, square footage, lot size, year of construction, owner information, property debt, sales / tax history, foreclosure status, and other relevant investor-centric data. Advanced search and analysis tools allow users to geographically search and estimate the profit potential of a property using estimated property values from ATTOM and Zillow and a “deal-o-meter” rating of Bad, Good or Depending on the property’s potential Generate great gross profitability. This estimated gross ROI rating enables buyers to understand the opportunities and risks associated with each property and to compare properties within states, counties, cities, zip codes, and even neighborhoods
Financing real estate investments is different from the typical mortgage loan and may include alternative options such as short-term bridging loans, long-term rental financing, and loans for construction and apartment buildings. To help its users fund their foreclosure purchases, RealtyTrac has also partnered with several lenders including Certain Lending, Foundation / CREF, and RCN Capital, who specialize in real estate investment finance for fix-and-flip and single-family / multi-family homes. Buying, repairing and renovating family homes.
The company also plans to launch training and coaching programs, as well as educational content, for aspiring investors and brokers who want to learn more about real estate investing and buying or selling distressed properties.
“We have also seen an increase in real estate agents using our services. Some work with investors, some are investors themselves, and others use our website to find homeowners in need who would benefit from selling their home rather than losing it through foreclosure, ”added Antebian. “That’s why we’re also introducing a range of brokerage products to help real estate professionals connect with potential buyers and sellers and learn how to navigate the sometimes choppy waters of the foreclosure market.”
As part of the launch, RealtyTrac announced a special introductory price of $ 19.95 per month, up from the regular price of $ 49.95.
Founded in 1996, RealtyTrac publishes the largest database of foreclosure property information in the United States, along with other real estate and mortgage data used by real estate investors and brokers to find, analyze, and invest in distressed residential and commercial properties. RealtyTrac is owned and operated by ATTOM Data Solutions, a leading provider of publicly recorded tax, deed, mortgage, and foreclosure data, as well as proprietary neighborhood and parcel risk data for more than 150 million US homes. More information is available at www.RealtyTrac.com.