Terabitz retools

Real estate technology roundup

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The following is a roundup of real estate technology news:

Terabitz announces upgraded tools
Real estate tech company Terabitz has rolled out a new property-search platform for brokers that allows users to plan a driving route to view multiple for-sale homes and to sort through a virtual "Rolodex" of property photos. Ashfaq Munshi, Terabitz CEO, said that the new Terabitz platform is based on the concept of "micro-sites" for each for-sale property that provide rich data about each home and the surrounding neighborhood areas.

"The idea is that every home does not stand in isolation," Munshi said. The Terabitz-powered broker tools also bring together demographic data such as crime and employment statistics with an interactive mapping tool for area amenities -- from fast-food restaurants to daycare centers. "Our goal is to deliver the sort of innovation and user experience consumers find on national sites such as Trulia and Zillow" to real estate brokers, Munshi also said.

Intero Real Estate Services, Metro Brokers, Century 21 Abrams, Hutchinson and Associates, Jonathan Bowen Real Estate, Lang McLaughry and ACB Real Estate are among the Terabitz partners that will be using the new search platform. Terabitz announced in April a search application that allows iPhone users to access property listings and neighborhood information -- Silicon Valley-based brokerage company Intero was the first to offer this new capability.

Cyberhomes spreads valuation tools through Smart Frame
Fidelity National Financial Inc.'s property valuation and marketing site Cyberhomes has launched Smart Frame, a free service that allows companies to add Cyberhomes' valuation tools to their Web sites.

The tool offers home valuations, 100 million searchable property records, and can be customized to a specific ZIP code, town or county area. The Smart Frame also provides neighborhood and school data but does not display property listings. The free tools are available at CyberhomesPro.com.

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Submitted by Ralph M on June 16, 2008 - 5:50am.

Just what the industry needs....Another real estate search company. Hoooooray! What an Idea?

When is the real estate search company going to come out with automatic notices when a sneaker goes on sale?

www.aarsteam.com
www.iuuzit.com
www.weuuzit.com
www.nosellercost.com

 
Submitted by JD Localio on June 16, 2008 - 11:43am.

Awesome, hilarious news. I remember Terabitz's first press release last summer when they changed the rules of the industry and rendered "all prior offerings obsolete."

Terabitz keeps desperately trying to reinvent itself to try to get traction with something, anything...instead of announcing new launches and tweaks, why don't they let us know after something actually starts selling. Thanks. Terabitz simply has no credibility.

Here is the first paragraph from their first release last summer:

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/0...

"Every now and then consumers are introduced to a product that fundamentally changes the rules, rendering all prior offerings insufficient or even obsolete. Consider what iTunes has done for music, TiVo for television, or eBay for auctions, to name a few. Today, Terabitz (http://www.terabitz.com) introduces the first
comprehensive and customizable real estate Web site that changes the online real estate industry..."

Get these guys a stand-up act.