Intero Real Estate Services is the First Real Estate Brokerage to Use Terabitz’s Powerful iPhone Search

Application for Home Buyers

Completely Integrated iPhone Application Enables Remote Users to Access Property Listings, Photos, Neighborhood Information,

Driving Directions and More

April 23, 2008 – CUPERTINO, Calif. – Targeting the more than 10 million iPhone users expected by the end of 2008, Intero Real Estate Services today announced that it would be the first real estate brokerage in the country to use the iPhone home search application created by Terabitz. This application enables consumers to access property listings, photos, local neighborhood information, recent sales and driving directions on the go.  The application is now available in Northern California and will expand to other markets in the near future.

Beginning today, any consumer can type http://intero.terabitz.com/iphone into the iPhone browser and receive instant information on the homes they are interested in.  Buyers have the flexibility to search by city, state, zip, MLS number, price, type of home, and number of bedrooms/bathrooms. Results can be either mapped or viewed as a textual list.  Users can then select any home and view the complete property listing datasheet, which includes information about the home, its features, photos, history and surrounding neighborhood.  With a few additional clicks of the iPhone, consumers can also contact the agent, email the listing to a friend, and access information about local schools, restaurants and recent comparable sales.

“The iPhone search functionality that Terabitz has developed will definitely set Intero apart from our competition,” said Gino Blefari, Founder, President and CEO of Intero Real Estate Services.  “The ability to remotely search MLS property listings and neighborhood information will be a powerful tool for bringing Intero agents together with the many online home buyers that use an iPhone.”

The iPhone application has access to nearly every property on the market at any given time. Because Intero can now offer this innovative search feature, it is not only be able to differentiate itself from other local brokers, but also from the large national home search sites that have no direct feeds to local MLS databases.

 “Our iPhone application takes mobile real estate search mainstream,” said Ashfaq Munshi, CEO of Terabitz.  “The user experience is fantastic and the amount of information we’ve integrated will empower consumers to conveniently shop for homes with the browsing ease of the iPhone.”

 

All the Information, Wherever Your iPhone Goes

The Terabitz iPhone application that Intero is able to provide to consumers is designed to provide every bit of information a buyer or agent would want to know about a home, its features, and the surrounding neighborhood.  Every minor detail about a home is included - from heating and air conditioning to appliances, amenities, landscaping, and architecture.  Furthermore, when iPhone users find a home they are interesting in, they can search the neighborhood, locate restaurants and schools and even check on the school’s academic rating.

 In addition, the application utilizes rich and accurate digital map data and content from Tele Atlas to help consumers query places and points of interest (such as restaurants and schools) and then map that data to see where those establishments are located in relation to a specific property. 

About Intero Real Estate Services

In less than five short years, Intero Real Estate Services has established itself as one of the premier real estate brokerages in the nation. In 2002, the founders formed Intero to fill a client service void that was missing in the real estate industry. In July of 2005 Intero was recognized by REALTOR® Magazine, the official magazine of the National Association of REALTORS®, as the fastest growing real estate company in the nation. Intero was ranked #1 out of the approximately 80,000 brokerages nationwide in growth of sales and transaction sides with 167.6% and 128.3% increases respectively. Currently, Intero has over 60 offices with more than 2200 sales associates serving Arizona, California, Colorado, Florida, Hawaii, Nevada and Texas.

About Terabitz

Terabitz is a venture-backed technology company located in the heart of Silicon Valley that was formed to help local brokers compete against the large national sites.  The company’s mission is to ensure that brokers have all the tools, content and features to position themselves as the premiere real estate destination in their respective markets.   For more information, please visit www.terabitz.com.