MRIS ADDS REALTYTRAC® TO ITS SUITE OF PRODUCTS

MRIS Customers Can Now Access Foreclosure Data at a Significant Savings

Rockville, MD – November 9, 2011 – (RealEstateRama) — MRIS customers now have the option to access two million national pre-foreclosure, auction and REO properties in the U.S., as well as newsletters, distressed property sales training, and property valuation tools via the strategic alliance with RealtyTrac^™, at a heavily discounted rate.

“This new alliance with RealtyTrac is about adapting to today’s changing real estate market,” said Jeff Jennings, Director of Strategic Alliances at MRIS. “Our subscribers will have access to a suite of tools, including active RealtyTrac Foreclosure Data, inventory across the country, foreclosure activity maps, all state foreclosure laws, and the ability to take advantage of training, newsletters, and analytical tools to help their buyers and sellers make informed decisions.”

“We are very pleased to be working with one of the nation’s leading Multiple Listing Services and are excited to be providing MRIS and its customers with foreclosure data,” said Larry Spencer, Vice President of RealtyTrac. “Together, we believe we can have a positive impact on the housing market by providing MRIS customers with vital information they can use to help their clients buy and sell foreclosures.”

About MRIS

MRIS is real estate in real time™, enabling its customers to list and sell nearly $100 million in real estate each day and nearly $100 billion in listings and closed sales in 2010. A leading developer of real estate information technology, MRIS connects its customers with timely, accurate and actionable data with a growing portfolio of technology solutions, including broker and agent software products and an industry-leading consumer portal, HomesDatabase.com. MRIS also showcases unique homes and offers tailored community information through its online television network, mrisTV.com.  Behind the scenes, the CURE Solutions Group subsidiary of MRIS provides back-end technology to other MLS systems through CURE, a proprietary solution. MRIS serves nearly 42,000 real estate professionals spanning a 22,000 square mile section of the Mid-Atlantic region, including Maryland, Virginia, Washington, D.C. and markets located in Pennsylvania, Delaware and West Virginia. Visit us at www.mris.com, MRISblog.com and mrisTV.com, “Like” us on Facebook.com/MRISonFB and follow us on Twitter, @MRIS_REal_News.

About RealtyTrac

RealtyTrac (realtytrac.com) is the leading online marketplace of foreclosure properties, with more than 2 million default, auction and bank-owned listings from over 2,200 U.S. counties, along with detailed property, loan and home sales data. Hosting more than 3 million unique monthly visitors, RealtyTrac provides innovative technology solutions and practical education resources to facilitate buying, selling and investing in real estate. RealtyTrac’s foreclosure data has also been used by the Federal Reserve, FBI,  U.S. Senate Joint Economic Committee and Banking Committee, U.S. Treasury  Department, and numerous state housing and banking departments to help evaluate  foreclosure trends and address policy issues related to foreclosures.

 

 

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