Terabitz Introduces New Web Platform for Real Estate Brokerages

Property Search, Market Data, and Hyperlocal Media Integrated in a User-Focused Interface Company releases platform with @properties, Chicago’s leading real estate company

PALO ALTO, Calif., Nov. 3 (PRNewswire) — Terabitz (http://terabitz.com), an online real estate company that delivers revenue-focused solutions to real estate brokerages, today announced the release of a new Web platform. The platform includes content, tools, and back-end features that enable real estate companies to deliver a more engaging and useful experience to online buyers and sellers. The platform was released through leading Chicago brokerage @properties (http://atproperties.com). The new @properties Website can be viewed at http://www.atproperties.com.

Terabitz, which already counts many leading real estate companies as clients, will make the platform available to brokerages across the country later this month.

“The Website is the most important brand touch point a real estate company has today, so it must be excellent in every way possible – anything less exacts a price in customers,” says Terabitz CEO Ashfaq Munshi. “This platform allows brokers to meet that challenge, to engage users in way that builds loyalty – and business.”

Platform highlights include:

Neighborhood and Community pages featuring business reviews, photos and school reports as well as hyperlocal news content.

Real estate market reports featuring data and trends derived from live MLS (Multiple Listing Service) data and displayed in a way users can understand at a glance. Reports are provided at the neighborhood and community level, which makes them more useful than typical city- or county-level views.

Property search that better merchandizes listings through a “gallery” view that enables the user to view large photos in the search results display.

Explore the Neighborhood(TM), a map-based tool that enables users to view amenities in the area of their home search – businesses, places of worship, recreational facilities and more – in order to understand what it is like to live in a place.

Terabitz One-to-One(TM), a prospecting tool that enables agents to create dedicated, automatically updating Websites for homeowners that display recent sales, new listings and a dynamic home value estimate.

“Our ambition was to create the best real estate Website in our market, and it soon became clear that Terabitz was the best partner for making that happen,” said Thaddeus Wong, co-founder and CEO of @properties. “Their commitment to never-ending innovation matched our own and resulted in a site that places us in that leadership position – and, just as importantly – will keep us there for years to come.”

Concludes Munshi, “Real estate companies have been limited by sub-par Web solutions for too long – solutions that cost them too much and deliver too little. This new platform deepens our commitment to providing a better way.”

About Terabitz

Terabitz is a Silicon Valley-based technology company. The venture-backed firm 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.

Contact:

Gregg Henebry
Terabitz
(617) 840-3578
gregghenebry@terabitz.com

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