REMAX.COM First To Add Foreclosures

REMAX.COM FIRST TO ADD FORECLOSURES
Homebuyers Can Search Over a Million Foreclosed
Properties, Find Foreclosure Experts in One Site

(Denver, CO - November 30, 2009) – Homebuyers looking for the right home at a great price will now be able to search through more than a million foreclosed properties and access agents specializing in short sales and foreclosures, all in one location. RE/MAX International, Inc. is the first national real estate franchise to offer U.S. foreclosure listings on its highly-trafficked web site, www.remax.com.
Remax.com visitors can now access more than 1.3 million Real Estate Owned (REO) properties in the U.S. through RealtyTrac.
“We strive to provide consumers with the most information, properties, videos, articles and resources to help them navigate today’s market,” said Kristi Graning, Senior Vice President, Information Technology and eBusiness for RE/MAX International. “Remax.com is now the perfect combination of resources on one web site, where visitors can search for foreclosures and connect with a uniquely trained RE/MAX agent who specializes in short sales, REOs and foreclosures.”
Homebuyers across the country, including those looking to take advantage of the recently enhanced Homebuyer Tax Credit, can search foreclosures by accessing the foreclosure tab in the featured property search box on remax.com.
Sourced by government agencies and national news media, RealtyTrac is the No. 1 foreclosure listing service. It collects extensive foreclosure data from more than 2,200 counties, covering more than 90 percent of U.S. households. As part of the partnership, RE/MAX agents also have access to an advanced subscription of RealtyTrac’s service and foreclosure information which allows them to better serve clients. The comprehensive subscription offers agents more detailed information including properties in default and properties scheduled for public foreclosure auction, along with tax assessment information, comprehensive lien and loan history and neighborhood home sale trends.
“We are very pleased to be working with RE/MAX, one of the world’s leading real estate brands, and we’re excited to give consumers another way to access foreclosure data,” said Rick Sharga, Senior Vice President for RealtyTrac. “We believe we can have a positive impact on the national housing market by providing consumers with vital foreclosure information and giving homebuyers an opportunity to find the perfect home with the right agent.”
RE/MAX agents are uniquely qualified to manage foreclosures and distressed property. More RE/MAX Associates have earned the Certified Distressed Property Expert® (CDPE) designation than agents from any other national real estate network. The CDPE training, through the Distressed Property Institute, gives RE/MAX agents the expertise to assist buyers and sellers of REO and distressed properties.