Metro Brokers Partners with Terabitz to Deliver a Technology-Advanced, Information-Rich and Consumer Friendly Website

Metro Brokers Partners with Terabitz to Deliver a Technology-Advanced, Information-Rich and Consumer Friendly Website

New Metro Brokers Website Will Integrate MLS Listings to Give Consumers the Industry’s Most Up-to-Date Inventory of Homes in Colorado

January 9, 2008 – Englewood, Colorado and Palo Alto, Calif. Metro Brokers today announced a partnership to deliver the real estate industry’s most advanced website targeted at real estate buyers and sellers, as well as anyone looking for local and national information on any property address. Based on technology from Terabitz, the new Metro Brokers website will be a complete “Property Information Portal” that will provide direct access to Colorado MLS feeds, rentals, foreclosures, for sale by owner, condos, as well as neighborhood information, local area expertise, and professional service providers.

With its new website, Metro Brokers will be the only website to provide complete and updated MLS listing information for all of Colorado. In the past, consumers used to access national sites such as Trulia and Zillow for this information, but these sites were often incomplete or outdated because they had no direct links to local MLS systems. The Terabitz platform re-invigorates the local broker community by enabling brokers such as Metro Brokers to integrate MLS and also provide substantial local information, local expertise, mapping techniques and a unique ability to search and customize all this information to meet the users’ individual needs.

“We have long envisioned a technology that would enable us provide the best MLS search and also integrate every bit of information on any given piece of real estate,” said Mike Bradley, Metro Broker Board Member and Co-Chair of Metro Brokers IT Committee. “Terabitz delivers on that vision by creating an easy-to-use platform that keeps consumers engaged and satisfied from the start of their property search to well beyond the final real estate transaction.”

“The time has come for brokers nationwide to gain control of their local real estate markets,” said Ashfaq Munshi, Founder and CEO of Terabitz. “The only thing that has prevented them from doing this in the past is access to leading-edge technology and a powerful website platform. Terabitz can quickly solve this problem by enabling brokers such as Metro Brokers to be much more technology-advanced and user-friendly than the national sites who took control of their business years ago.”

The types of Information Metro Brokers Will Provide:

The new Metro Brokers site contains more information than any other local and national real estate website on the internet. In addition to extensive area information, Metro Brokers will unveil with the top seven (7) premier MLS listing feeds in the state. These MLS feeds will provide some 85,000 homes for sale throughout the state of Colorado. Below is a sample of the types of information consumers will find, and this list will continue to grow over time as Terabitz continues to invest in its core technology and industry partnerships. In addition, Metro Brokers is also working towards having all 22 MLS systems in the State on the map, which will be a first for any real estate company.

Listings: Visual tours, properties for sale, exclusive listings, open homes, for sale by owner, Google for sale, Craigslist for sale, Craigslist rentals, etc.

Local: Local reviews, photos, airports, banks, cafes, restaurants, childcare, cinemas, fast food, fire department, gas stations, grocery stores, health care, hospitals, jails, libraries, pharmacies, places of worship, police, post offices, senior care, etc.

Market: Housing market, recent sales, demographics, local news, weather, career builder

Education: Preschools, elementary schools, middle school, high schools, colleges, tutoring, school districts

Safety: Crime statistics and sex offenders

Financing: Home equity, how much can I afford, mortgage payments, mortgage rates, value my home, etc.

Professional: Office staff, our agents, our offices, our appraisers, mortgage companies, attorney services, insurance, home inspectors, pest control, cleaning services, landscapers, chimney, utilities, etc.

Added Mike Bradley, “We looked at many new technologies and realized that it was going to take more than just cool Maps and homes for sale to keep people interested in real estate sites. People want ‘ALL’ the information on any address and thanks to Terabitz, our website will be a one-stop-shop for everything a potential buyer/seller or existing home owner needs to know. In fact, Terabitz not only sends consumers to our site, but it also enables us to keep them there and have them keep coming back for more information.”

About Terabitz

Terabitz delivers the industry’s only complete marketing platform that enables brokers and real estate agents to get more listings, sell more homes and attract more buyers and sellers than ever before. The Company is the power behind leading broker websites across the nation and these Terabitz BrokerSites deliver more local and national information than any other place on the Internet. For more information, please visit www.terabitz.com

About Metro Brokers

Metro Brokers, Inc. is an association of independent real estate brokers who specialize in Colorado residential, commercial and investment properties. Our network of 2,000 highly experienced real estate professionals have been helping buyers and sellers make the most of their real estate transactions since 1976, designating 30 years of excellence. Unlike most other real estate companies Metro Brokers, Inc. is actually owned and controlled by its brokers.

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