Metro Brokers First To Roll Out with iPhone Real Estate Search

Denver, CO. (Vocus) July 10, 2008 -- Apple (http://www.apple.com/iphone/) is likely to sell 45 million iPhones (http://www.apple.com/iphone/) by 2009, according to analysts from research firm Piper Jaffray (http://www.apple.com/iphone/). Metro Brokers Real Estate (http://metrobrokersonline.terabitz.com/) today announced that it would be the first real estate brokerage of any large brand in the country to use the iPhone home search application created by Terabitz (http://www.terabitz.com/). This application enables consumers to access property listings, photos, local neighborhood information, recent sales and mapped driving directions anywhere and anyplace. The application is available for all of Colorado, with well over 80,000 Colorado homes and land listings to search. Metro Brokers is seeking additional MLS markets in Colorado, which will be added in the future providing the single largest iPhone search application of any company in Colorado.

As of today, iPhone users can type http://www.mobileMBI.com into the iPhone browser and receive instant information on the homes they are interested in. Users can search by specific address, city, state, zip, MLS number, price, property, type of home, and number of bedrooms and bathrooms. Results can be either mapped or viewed as a list. Homes can be selected and then view the complete property listing homepage, which includes information about the home, its features, photos and surrounding neighborhood information. Further clicks and consumers can also contact the agent, email the listing to a friend, and access information about local schools, restaurants and even recent comparable sales.

"Metro Brokers has set its sites on being the number one real estate technology company and the iPhone search application that Terabitz has developed will definitely set Metro Brokers apart from all the players," said Mike Bradley, Technology Chair for Metro Brokers Real Estate. "The ability to search MLS property listings and neighborhood information is a powerful tool for creating leads for Metro Broker agents and better service for the online home buyers that use an iPhone."

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

"Our iPhone application takes mobile real estate search mainstream and on the street," said Ashfaq Munshi, CEO of Terabitz (http://www.terabitz.com/help/managementTeam.php). "We know that the new property search battle will be on handheld devices. The user experience is fantastic and the amount of information we've integrated will empower consumers to conveniently shop for homes and local information with the browsing ease of the iPhone."

iPhone, Terabitz and Metro Brokers provides all the information

The Terabitz iPhone application that Metro Brokers is able to provide to consumers is designed to provide every byte of information a buyer or agent would want to know about a home, its features, and the surrounding neighborhood. Such house details as heating and air conditioning to appliances, amenities, landscaping, and architecture. Furthermore when an iPhone user finds a home they are interested 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 (http://www.teleatlas.com/index.htm) to help consumers seek 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 Metro Brokers Real Estate

Metro Brokers Real Estate, Inc. is an association of independent real estate brokers who specialize in Colorado residential, commercial and investment properties. Metro Broker's 90 office location 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 32 years of caring, experienced professionals. Unlike most other real estate companies, Metro Brokers, Inc. is actually owned and controlled by its brokers. For more information please visit http://www.MetroBrokersTV.com.

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.

###