SOURCE: RE/MAX

RE/MAX

SOURCE: RealtyTrac

RealtyTrac

April 28, 2016 10:00 ET

RealtyTrac and RE/MAX Sign Deal to Offer HomeDisclosure.com Property Reports to 60,000 RE/MAX Agents Nationwide

Agreement Gives 3,500 RE/MAX Offices Discounted Bulk Access to the Most Comprehensive Pre-Diligence Reports Available in the Industry

IRVINE, CA--(Marketwired - April 28, 2016) - RealtyTrac® (www.realtytrac.com), the nation's leading source for comprehensive housing data, and RE/MAX (www.remax.com/), one of the world's leading franchisors of real estate brokerage services, today announced the signing of an agreement to offer discounted bulk access to www.HomeDisclosure.com property pre-diligence reports to 3,500 RE/MAX offices and nearly 60,000 agents across the U.S.

"We are very pleased to be working with RE/MAX, and we believe that Home Disclosure reports will provide their brokers, agents and ultimately clients with the most comprehensive property report available today," said Michael Sawtell executive vice president and general manager of RealtyTrac. "Home Disclosure reports offer critical, transformational data, highlighting the necessary details of 117 million homes and their respective neighborhoods across the nation. The industry is moving towards transparency, and RE/MAX appears to be at the forefront of that movement."

HomeDisclosure.com is a new property pre-diligence website recently launched by RealtyTrac that enables the real estate industry and consumers alike to conduct due diligence on a property early in the process of buying, selling or renting a home. Its popularity has taken off since its Jan. 26 beta launch, generating more than 51,000 reports for 20,500 users across the country. Home Disclosure reports have hyperlocal information about nearby sex offenders, crime ratings, nearby drug labs, school ratings, estimated equity, tax information -- in all over 42 categories of home and neighborhood data -- all easily consumable within a mobile device. Watch video.

"We are very excited to offer our RE/MAX Affiliates access to Home Disclosure reports," said Mike Ryan, executive vice president of RE/MAX. "The more information everyone has about a certain property, the smoother the transaction will be. Such transparency provides trust and fosters solid long-term relationships between our agents and their clients."

In addition to nearby registered criminals and drug labs, the report also provides hyperlocal neighborhood data on natural hazard risk, environmental hazard risk, crime level, school quality, median income and much more. View sample report

RealtyTrac built Home Disclosure from the ground up using public record real estate data (sales deed, mortgage, tax and foreclosure data), along with neighborhood risk data. The result is a very compelling data set, packaged within a convenient mobile-first user interface specifically designed for real estate professionals or consumers who are performing pro-active, pre-diligence on a home -- whether they are looking at that home for purchase or rental, or whether they already own or rent the home.

About RealtyTrac
RealtyTrac is a leading provider of comprehensive U.S. housing and property data, including nationwide parcel-level records for more than 130 million U.S. properties. Detailed data attributes include property characteristics, tax assessor data, sales and mortgage deed records, distressed data, including default, foreclosure and auctions status, and Automated Valuation Models (AVMs). Sourced from RealtyTrac subsidiary Homefacts.com, the company's proprietary national neighborhood-level database includes more than 50 key local and neighborhood level dynamics for residential properties, providing unrivaled pre-diligence capabilities and a parcel risk database for portfolio analysis. RealtyTrac's data is widely viewed as the industry standard and, as such, is relied upon by real estate professionals and service providers, marketers and financial institutions, as well as the Federal Reserve, U.S. Treasury Department, HUD, state housing and banking departments, investment funds and tens of millions of consumers. In January 2016, RealtyTrac announced the beta launch of its new consumer focused, mobile first, property report website, HomeDisclosure.com, which arms real estate consumers with detailed pre-diligence data on nearly 120 million U.S. homes early in the process of buying, selling or renting a home.

About the RE/MAX Network:
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. Over 100,000 agents provide RE/MAX a global reach of nearly 100 countries. Nobody sells more real estate than RE/MAX when measured by residential transaction sides.

RE/MAX, LLC, one of the world's leading franchisors of real estate brokerage services, is a wholly-owned subsidiary of RMCO, LLC, which is controlled and managed by RE/MAX Holdings, Inc. (NYSE: RMAX).

With a passion for the communities in which its agents live and work, RE/MAX is proud to have raised more than $150 million for Children's Miracle Network Hospitals® and other charities.

For more information about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit  www.remax.com/newsroom.

About Home Disclosure
HomeDisclosure is a new consumer focused, mobile responsive, property pre-diligenceTM website, www.HomeDisclosure.com, launched in beta by RealtyTrac in January 2016, which arms real estate consumers with detailed due diligence data on nearly 120 million U.S. homes early in the process of buying, selling or renting a home. Home Disclosure Reports will be available to consumers early in the process of buying, selling or renting a home. Home Disclosure was created to empower real estate consumers with critical information they can't find anywhere else in one place, and some of which is only disclosed to buyers at the closing table - if it's disclosed at all. In each property report, Home Disclosure provides more than 40 categories of real estate data, along with hyperlocal neighborhood and environmental data impacting the health, safety and financial security of the homeowner or renter.

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