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27 Aug 2007

Hedge Fund Company Launches Real Estate Marketing Tool

Hedge fund backed Terablitz recently announced the launch of Terabitz Home Snapshots, which, according to the company, "Give the real estate professional an innovative solution that enables them to more effectively build their client base, and help those clients buy or sell a home.

California-based Terabitz was founded in 2006 by father and son Ashfaq and Kamran Munshi. The company is funded by Tudor Capital, part of the Tudor Hedge Fund family.

Home Snapshots combine the traditional listing information with slide shows, neighborhood and market data, and dozens of other “bitz” of local information relevant to the property. Essentially, they create a “home page” for each property or neighborhood with which consumers can interact. Home Snapshots can be emailed, instant messaged, linked to on blogs or websites, and dynamically updated, making the entire experience richer and more collaborative.

“Home Snapshots represent the first of many Terabitz solutions that will drive the success of our broker partners,” said Ashfaq Munshi, CEO of Terabitz. “We offer superior technology that helps brokers acquire and retain top agents, while continually improving their performance. We are thrilled to be working with such a high-caliber partner like Intero who exemplifies excellence and innovation in the industry.”

Intero Real Estate Services is the first broker partner to utilize Home Snapshots, prominently displaying thousands of its property snapshots on

Brokers can easily publish their existing MLS listings as Home Snapshots by simply providing Terabitz standard content feeds.

Terabitz is an online resource for consumers evaluating a real estate transaction. Property listings, neighborhood highlights, local market data, and local service providers can be accessed, stored, and shared and after the property transaction.

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