On April 28th, 2009, RealtyTrac® (realtytrac.com), the leading online marketplace for foreclosure properties, and Enormo (http://www.enormo.com/), a leading global real estate portal, announced a strategic alliance that will give Enormo's international user base of potential homebuyers and investors unique access to RealtyTrac's database of U.S. foreclosures including Prescott, Prescott Valley, Chino Valley and Dewey-Humboldt.
RealtyTrac's foreclosure listings are integrated into Enormo's search functionality, allowing buyers to search more than 1 million foreclosure properties from 2,200 U.S. counties. As RealtyTrac's first-ever international partnership, the alliance will allow the company to accept international subscriptions to its service thanks to Enormo's translation of RealtyTrac's data into its 31 interface languages.
"Foreclosure inventories around the United States are at historically high levels, and interest in purchasing those properties has been growing steadily from buyers and investors outside of the U.S.," said RealtyTrac Senior Vice President Rick Sharga. "This alliance with Enormo provides global exposure for RealtyTrac's foreclosure data, and gives Enormo a comprehensive list of U.S. foreclosure properties to add to its vast menu of property listings."
The foreclosure property search feature on Enormo allows buyers to view Prescott area properties in all three stages of the foreclosure process - pre-foreclosure, auction and bank-owned (known as REOs). At the same time it allows real estate professionals who work with Enormo a chance to offer a greater selection of properties for would-be home buyers and investors as they navigate this complex area of real estate.
"The timing is perfect for Enormo to partner with RealtyTrac - the strength of other currencies against the dollar combined with the great value of U.S. housing stock is driving interest from new investors who want a piece of the foreclosure action," said Enormo CEO Yannick Laclau. "With the addition of these 1 million listings from RealtyTrac, Enormo gives its users unique access to great value properties, and cements its position as the number one website for international real estate."
To see the whole press release, click here.
About RealtyTrac Inc.
RealtyTrac RealtyTrac.com, 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.
Prescott, AZ, REALTOR focused on the foreclosure markets in Prescott, Prescott Valley, Chino Valley, and Dewey-Humboldt in Northern Arizona.
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