Today, Trulia announced the addition of 400,000 foreclosure listings to their index of more than 2 million searchable homes for sale. These additions were accomplished via partnership with RealtyTrac.
â€œIn response to increased consumer interest, we are excited to introduce integrated foreclosure search capability on Trulia.com,â€ said Trulia co-founder and CEO Pete Flint. â€œAt Trulia, we recognize that the foreclosure process is an extremely complicated one for both buyer and seller. By adding foreclosure data to Trulia.com, we are providing a one-stop destination where consumers can locate properties, research their local market and get qualified advice from local professionals on the complexities of buying a foreclosure property.â€
â€œTrulia.com is one of the most innovate real estate sites on the Internet, and weâ€™re excited to have them as a venue for RealtyTracâ€™s foreclosure data,â€ said Rick Sharga, vice president of marketing for RealtyTrac. â€œWe believe this partnership will benefit consumers using Trulia, whether they are specifically looking to buy a foreclosure or whether they researching foreclosure trends to help them make an informed decision about buying a resale property.â€
According to Kelly Roark, Vice President of Industry Development at Trulia:
- Foreclosure properties are highlighted by specific stage â€“ pre-foreclosure, auction or bank-owned â€“ to help educate consumers about the multifaceted foreclosure market.
- The increase in listings volume provides a better user experience, which drives up consumer traffic and opportunities for properties to be seen.
- More opportunities on Trulia Voices for real estate professionals to provide expert advice regarding foreclosures, especially since more than 10% of Trulia Voices questions relate to foreclosures â€“ above both open homes and FSBO questions.
- More chances for agents to demonstrate their expertise in the foreclosure process and in handling complex home transactions.