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| What is Terabitz? | Top |
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Terabitz is the first comprehensive and customizable real estate Web site that fundamentally changes the online real estate industry by helping consumers make smart decisions before, during, and after the property transaction in ways never before possible. We, at Terabitz, realize 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 customizable by individual for every step of the process. Additionally, Terabitz provides a platform and community where users can share all the relevant preferences and information amongst themselves, their friends and family, and the local market service providers that are helping them through the process. The unique Snapshots feature lets home buyers share their new home preferences and requirements with others in ways that truly enhance the way real estate works today. Changing your address -- be it a new home or apartment -- is hardly ever a solo experience. Being able to share information with friends and family adds another level of convenience to the moving process. |
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Terabitz is based in Palo Alto, CA. The Company was founded in 2006 by father and son, Ashfaq and Kamran Munshi, when Kamran began reading about and experimenting with the various real estate sites in existence at that time. Kamran observed that these sites provided point solutions in an otherwise complex process and felt that the technology existed to integrate them together into a cohesive whole. Hence Terabitz was born. |
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| Why Terabitz? | Top |
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"Tera" is a play on "Terra", which means "Earth". "Tera" is also the numerical term that comes after "Giga". "Bitz" is what we call our play on "bits" of information. Therefore, Terabitz is lots of information about real estate! |
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Finally you will notice that the "I" in Terabitz is a different color. The reason for this is to emphasize the personalized nature of the information that you can collect. We want you to think of Terabitz as "your real estate, your way". |
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| How do we make money? | Top |
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Terabitz will always be free to you, the user.We are different than other real estate sites in how we make money as well. Rather than traditional advertising, we allow companies to introduce you to themselves in a highly localized, contextual fashion. Appropriate service providers can sponsor targeted category bits on the site as you use them, so you see only relevant information as you research. Everyone wins. |
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| How are we different from other real estate sites? | Top |
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Other sites provide specific information, virtually all geared at facilitating a transaction. Terabitz provides many resources that help you do the comprehensive research you need to make smart, informed decisions. These sources include: |
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Listings and rentals from multiple sources, including MLS, Craigslist, and Google.
Recently sold, rented, and comparable financial data
Home value estimates
Mortgage calculators
Local weather and demographics
Community safety data including crime statistics and the sex offender database
Neighborhood schools and statistics
Hospitals, pharmacies, cafes, restaurants, retailers, and many other services
Local Real Estate professionals ...
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All of these are important as you choose not only the home, but the neighborhood and community that is right for you. We have built the site to let you easily combine all of these in one place. We understand that finding a home to buy, sell, or rent entails so much more than just square footage and bedrooms information. |
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Additionally, Terabitz lets you store as many customized views, which we call Snapshots, as you see fit. You can share them with everyone you include in this decision. These Snapshots are lenses that update automatically with the latest information keeping you current while preserving your viewpoint. |
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| We realize this is a long term process, we're here to help you through ALL of it. | Top |
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Terabitz recognizes that moving decisions can take months from start to finish and that your information needs may change significantly throughout. Moreover, people with whom you collaborate may well change as you progress. Therefore, we have attempted to make our site a platform that you may use at any step - one that will adapt to and keep up with your changing needs. |
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