Irvine based RealtyTrac, an online marketplace for foreclosed properties, has appointed company president and chief operating officer, Jamie Moyle, as the firm’s new CEO. The promotion is aimed at furthering the company’s long-term growth, nurturing expansion in untapped areas of the market, and continuing its mission to improve the real estate transaction experience.
Moyle is recognized for his commitment to taking Internet-based businesses to the next level. Recently he was involved with Homefacts, acquired by RealtyTrac in April 2012, and previously with online vacation rental sales company SkiWest, which he sold to Overstock.com in 2005.
“Armed with innovative technology, a formidable data offering and an aggressive roadmap 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 useable tool for consumers,” Moyle said. “These enhancements, which are on track to be unveiled within the next few months, will provide real estate consumers and professionals with more of what they have come to expect from RealtyTrac – easer access to the information they need to effectively make the right decisions about real estate.”
Moyle succeeds Brandon Moore, who joined RealtyTrac as CEO in 2011 with the goal of establishing a solid foundation for future expansion. Moving forward, Moore will serve as a consultant to the board furthering his expertise toward intensive testing initiatives and site optimization that further fine-tune the engine driving RealtyTrac’s subscription-based business model.
“The acquisition of Homefacts earlier this year provided RealtyTrac with a unique opportunity to increase its capabilities and simultaneously tap into the entrepreneurial experience of Jamie Moyle,” said David Hull, partner at Renovo Capital LLC. “The entrepreneurial vision and operational expertise possessed by Moyle as Homefacts founder and CEO – along with his previous experience at SkiWest and Overstock.com – made him an obvious choice to step into this new role, building on the strong foundation established by previous CEO Brandon Moore.”
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