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Reliance Network offers RealtyTrac search tool

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Real estate agents and brokers who use Reliance Network LLC to power their Web sites will be able to provide visitors with access to data on foreclosure properties from data aggregator RealtyTrac Inc. The partnership between Holland, Penn.-based Reliance Network and RealtyTrac of Irvine, Calif., will allow Reliance Network's clients to embed a search tool on their site, enabling visitors to look for properties that are in pre-foreclosure, are slated for auction, or have been repossessed by banks. That, in turn "will help drive more traffic and leads to the agent Web sites,” said Rick Sharga, vice president of marketing at RealtyTrac, in a statement. According to RealtyTrac, there were more than 2.2 million foreclosure filings on 1.2 million properties during 2007, a 75 percent increase from 2006. Reliance Network provides complete Web sites on a wholesale basis to brokers for their company and agents, and does not provide its services directly to agents. The comp...