Targeting the more than 10 million iPhone users expected by the end of 2008, Terabitz today announced an iPhone home search application that enables consumers to access property listings, photos, local neighborhood information, recent sales and driving directions on the go. The first Terabitz customer to implement this innovative search capability is Intero Real Estate Services, which is offering the iPhone search today for Northern California customers and plans to implement the technology in all other offices in the future.

iPhone users can access the search application. 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.

"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."

The iPhone application has access to nearly every property on the market at any given time. Local brokers who offer this innovative search feature will not only differentiate themselves from other local brokers, but also from the large national home search sites that have no direct feeds to local MLS databases.

"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."