CHARLIE ENGEL JOINS REALTYTRAC AS DIRECTOR OF BUSINESS DEVELOPMENT – REAL ESTATE

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IRVINE, CA – March 17, 2011 – (RealEstateRama) — RealtyTrac™ (www.realtytrac.com), the leading online marketplace for foreclosure properties, today announced the hiring of real estate veteran Charlie Engel as the new Director of Business Development – Real Estate. Engel will lead the company’s efforts driving additional real estate professional partnerships.

“We are delighted that Charlie has joined the RealtyTrac family,” said James J. Saccacio, chief executive officer of RealtyTrac. “Charlie brings the kind of forward-thinking, fast-paced decision making qualities that we look for in our senior management. He has the national sales experience and business development know-how we are always seeking in talented professionals. Charlie will help us expand the RealtyTrac brand among our real estate professional partners who are a key component of our growing customer base. His sales experience will help us expand our affiliate partnership programs with the nation’s leading real estate franchises.”

Engel brings more than 10 years of sales management and business development experience to RealtyTrac. He has held senior sales positions in a diverse group of companies, including Oodle.com, Network Communications and UBM Canon. He most recently was vice president of real estate sales at Oodle.com, the second largest online classified website. Prior to Oodle.com, Engel was the director of business development at Network Communications, where he was responsible for developing and increasing online sales for the largest fully integrated real estate media company in North American.

“I am excited about joining an industry leader like RealtyTrac,” said Engel, who will spearhead new business development and sales activity with the leading real estate franchises. “I look forward to building relationships and expanding new business opportunities with senior management at the leading real estate brokerages nationwide.”

Engel earned a Bachelors degree in Economics from the University of Arizona in Tucson.

About RealtyTrac Inc.
RealtyTrac (www.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. 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. RealtyTrac publishes a blog with daily updates on the foreclosure market (www.foreclosurepulse.com) and a monthly print newsletter covering the foreclosure market in depth.

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