For the second time in less than a year, foreclosure data company RealtyTrac has a new CEO. The company tapped RealtyTrac President and Chief Operating Officer Jamie Moyle to the role, citing his success in advancing Internet-based businesses.
Moyle replaces Brandon Moore, who assumed the position late last year when private equity firm Renovo Capital LLC took a majority stake in the company. Moore will serve as a consultant to the company’s board of directors and focus on "intensive testing initiatives" and site optimization, RealtyTrac said.
Moyle joined RealtyTrac in April when the company took over Homefacts, where he was founder and CEO. Before Homefacts, Moyle developed online vacation rental sales retailer SkiWest, which Overstock.com acquired in 2005.
"Armed with innovative technology, a formidable data offering and an aggressive road map toward expansion, I’m excited to lead RealtyTrac’s transition to the next level, starting immediately with visible enhancements to the RealtyTrac website aimed at making it a more usable tool for consumers," Moyle said in a statement.
Renovo Capital partner David Hull cited Moyle’s experience and success as an Internet entrepreneur in the company’s decision to make him CEO.
In another move toward leveraging its Homefacts acquisition, earlier this month RealtyTrac appointed Lauren Guzak as the company’s vice president of data licensing with the goal of expanding RealtyTrac’s bulk data licensing operation. In addition to its foreclosure, loan, sales and assessor information, RealtyTrac will incorporate Homefacts’ data on neighborhood health and safety hazards, economics and demographics.
Guzak came to RealtyTrac following a decade at real estate information and technology company DataQuick Information Systems.
"The richness of the RealtyTrac real estate data set provides ample opportunity to grow data licensing into one of the pillars of the business," Guzak said in a statement.
RealtyTrac currently has listing information for 1.5 million default, auction and bank-owned properties, according to the company.