Industry News

Terabitz rolls out customized search tools for brokers

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Terabitz, a real estate technology company that launched a real estate search platform in July 2007, is building tools that allow brokerage companies to integrate content from several multiple listing services and also incorporate other neighborhood information for display on their own Web sites. The company earlier this month announced a series of deals to power the MLS search tools and other aspects of brokerage company Web sites, and founder and CEO Ashfaq Munshi said the company is targeting small to mid-sized brokers with up to a few thousand agents. Many markets have several MLSs that serve them, Munshi said, adding, "We can eliminate all of that headache" of working with MLS data while complying with data exchange rules. "The entire process of getting the lead in, holding onto the customer, and being able to then convert that lead into real business is what we're all about. That is what we are funded on -- not creating another search portal for consumers," said Munsh...