RealTime IT News Names CyberStore Director

Irvine, CA-based Internet car-buying service Inc. promoted Tim Walker to director, Pre-Owned CyberStore and DRT (Dealer Real Time),'s proprietary accredited dealer extranet.

The move is intended to eliminate some of the inherent inefficiencies found in the pre-owned car sales process, the company said. Walker will focus on increasing the representation of's Pre-Owned CyberStore and initiating enhancements to the DRT system.

"Pre-owned vehicles are typically touched by three parties before being retailed--ranging from wholesalers to auctions and dealers," Walker said. " is uniquely positioned to reduce costs in this value chain and cause the pre-owned distribution model to evolve dramatically. This will result in better prices for consumers and more profit opportunities for dealers--it's a win-win situation."

Walker was promoted from the position of director, Market Representation, where, he redefined and implemented a market representation model for the Accredited Dealer Network.

The Pre-Owned CyberStore houses thousands of pre-owned vehicles, all of which include a digital image and come with a 72-hour money-back guarantee and a 90-day warranty.'s DRT system enables Accredited Dealers to receive purchase requests in real time via a dedicated extranet. The system includes a full contact management function, reporting capabilities and access to Pre- Owned CyberStore inventory.