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RealtyTrac and RE/MAX have announced the signing of an agreement to offer discounted bulk access to 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 site 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.
"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.