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Terabitz Drives Real Estate Search Innovation in New Product Release

Visual, 'rolodex view' listings display, integrated finance information and
            market data now available to real estate brokerages

    PALO ALTO, Calif., June 16 /PRNewswire/ -- Terabitz
(http://terabitz.com), a technology company that helps real estate
brokerages engage online home buyers and sellers, today announced the
release of an updated Web platform that sets a new standard for real estate
search. The platform -- which can be licensed by companies as a full
enterprise website solution, or in components -- is being implemented by
Terabitz customers nationwide.


Highlights of the platform include: -- "Rolodex" listings display. Consumers viewing property on a Terabitz customer site can now browse search results visually in a display rooted in a familiar metaphor: The Rolodex. Property details are accessed by clicking on the image of a selected property. Users will also be able to view results in map and list formats. -- Integration of market and financing data. Local real estate market and finance data is tightly integrated with both the Rolodex and traditional views, putting critical decision support data a click away from the listing photo. -- One-click data overlays. Users are now able to add community information, points of interest and housing data Terabitz offers to their search results with just one click, allowing customers to answer the all-important question, "can I live here?". The Terabitz platform uses the most information that's relevant to the consumer, much more than any of the company's competitors. "Our goal is to deliver the sort of innovation and user experience consumers find on national sites such as Trulia and Zillow to the people who actually own the property listings: real estate brokers," said Ashfaq Munshi, CEO of Terabitz. "With this latest release, we've surpassed that goal with features that fundamentally improve the home search experience." "The Terabitz website platform is key to our market leadership," said Gino Blefari, Founder, President and CEO of Intero Real Estate Services. "By combining powerful technology and rich data in an innovative, consumer friendly interface, Terabitz has enabled us to engage customers better and faster than ever before." The Terabitz platform has been adopted by leading real estate brokerages around the country, including Intero Real Estate Services (http://www.interorealestate.com), Metro Brokers (http://www.coloradohomestop.com), Century 21 Abrams, Hutchinson and Associates (http://www.century21ah.com), Jonathan Bowen Real Estate (http://www.jonathanbowenrealestate.com), Lang McLaughry (http://www.LMSRE.com) and ACB Real Estate (http://www.acbre.com). The Terabitz platform is both scalable and flexible, allowing customers to license exactly what they need. Components include an IDX search solution, local data feeds, lead management tools, and the first iPhone home search application. All components may be licensed as a complete enterprise Website solution with an option for agent Website creation. "We have the capital, experience and technology to push innovation in this space to the benefit of brokers, and we intend to make that happen," said Munshi. "We are here to help the real estate community, not leverage it." About Terabitz Terabitz is a Silicon Valley based technology company committed to helping real estate companies become the premiere online home search destination in their respective markets. The venture-backed company is led by a group of technology veterans with decades of executive level experience at Oracle, SGI, Applied Materials and other leading companies. For more information, please visit http://www.terabitz.com.
SOURCE Terabitz




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Related links:
  • http://www.terabitz.com
    CONTACT:
    Eliza Walsh of Spark PR, +1-415-321-1883,
    terabitz@sparkpr.com, for Terabitz