Comprehensive and Customizable Real Estate Web Site Helps Consumers Make the Right Move

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. Terabitz (http://www.terabitz.com/) introduces the first comprehensive and customizable real estate Web site that changes the online real estate industry by helping consumers make smart decisions before, during, and after a property transaction in ways never before possible.

Anyone who has ever purchased a home, searched for a rental property, or tried to find expertise in all of the services accompanying these efforts knows that the process is extremely complicated, and information is inconsistent, fragmented and difficult to organize. To date, no company has been able to bring together all of the information, all of the resources, and all of the tools under a single umbrella -- until now. By providing a central location for all real estate explorations, Terabitz is the first real estate Web site designed to help consumers before, during, and after their home purchase.

"Moving to a new home or apartment is one of the biggest decisions a person can make in their lifetime, but most online real estate sources today provide only one piece of the puzzle," said Ashfaq Munshi, CEO of Terabitz. "Fundamentally, there is more to a home purchase than valuation and square footage and more to an apartment than the monthly rent. People need an easy way to manage the dozens of sources of information that comprise a move. Companies such as Zillow have attempted to solve this problem, but offer only single, narrow solutions."

Terabitz realizes that every home exploration is unique. That is why every user can customize, store, and share their real estate data and content to fit their own personal needs. Terabitz enables more than just a single comprehensive source for property listings -- it also allows integration of unlimited local neighborhood information, market research, schools, restaurants, crime and safety statistics, service providers, financial tools, and more. Every category of information is available in one place and is all customizable, via simple drag and drop technology, for every step of the process.

"I've had the opportunity to preview dozens of real estate Web tools over the past five years. While existing offerings have proven to offer great utility to housing consumers and professionals alike, few have hit the nail on the head as the new offering from Terabitz," said Steve Murray, Co-Editor of REAL Trends. "Terabitz is very easy to use and allows consumers to view multiple real estate sites and related community data simultaneously, and with automatic updating. I am not aware of any comparable utility on any other Web sites available at this time."

About Terabitz

Terabitz is the most complete resource online in the real estate industry for consumers evaluating a real estate transaction and a definitive "home page" that provides everything in one place. Palo Alto, California-based Terabitz was founded in 2006 by father and son Ashfaq and Kamran Munshi. The father and son duo successfully raised $10M in a series A round from Tudor Capital, part of the Tudor Hedge Fund family.

Source: Terabitz

Web site: http://www.terabitz.com/