ATTOM Sells Off RealtyTrac, Homefacts
Summary
ATTOM, a curator of nationwide land and property data, recently announced it has sold its RealtyTrac and Homefacts websites to Nations Info. Founded in 1996, RealtyTrac has been a leading resource for investors, real estate agents, and consumers looking for foreclosure properties. ATTOM said the website democratized what had historically been an "insider-only" process, making it easier for all interested parties to search for, analyze, and evaluate properties in all three stages of foreclosure. "But as the company shifted its focus to data licensing, and our customer base moved from individual consumers and real estate agents to large enterprises, websites like RealtyTrac and Homefacts were no longer closely aligned with our future vision for ATTOMs growth." According to Barber, the divestiture allows ATTOM to focus 100% on continuing to accelerate the growth of its data licensing business.