Industry NewsTechnology

RealtyTrac numbers under fire in Atlanta

Company: Reporting methods avoid double-counting
Published on Jun 23, 2009

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

After changing its reporting methods two years ago in response to accusations that it was overstating the number of homes subjected to foreclosure-related filings, data aggregator RealtyTrac is facing the opposite problem: a newspaper analysis suggesting the company undercounted properties scheduled for auction in the Atlanta area.

The Atlanta Journal-Constitution said it reviewed legal notices published in newspapers in five metro Atlanta counties, counting 7,462 properties scheduled for auction in April. RealtyTrac, in contrast, reported that 3,746 properties were subjected to auction notices that month, the newspaper said.

Comments