Terabitz Creates Digital Dashboard For Real Estate Transactions

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Entries Tagged 'Real Estate Technology' ↓
Great Primer for Real Estate Professional on Data Back Ups
August 7th, 2007 — Real Estate Technology

Face it, we all could improve our data backup procedures. Fortunately, Brian Davis at Appraisal Scoop has done an amazing post on data backups for appraisers. The focus may be on appraisers and their needs, but the primer could be used for anyone in the real estate business.

Brian goes through the different online backup solutions and provides a great dissection of the pro’s and con’s of the software alternatives. While it is not a topic that gets you all excited, it may be the motivator that will save you a huge heartache in the future.

Brian’s article on Backing Up Data for Appraisers.

Tags: back+up+data
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Apartments.com and Yahoo Real Estate Join Forces
July 31st, 2007 — Real Estate Internet, Real Estate Technology

Apartments.com and Yahoo Real Estate signed an agreement to have Apartments.com as their featured apartment listing provider for the online service. The agreement brings over 3 million apartments into Yahoo Real Estate’s portfolio.

One thing I do like about Apartments.com approach is they do not have registration process to view the apartments. Many of the players in the apartment space still try to get demographic and contact information from you to view their inventory. Most renters using these services are fairly savvy so I am sure that the information given is not of the best quality. Those 103 year old renters that are looking for college apartments with a lively party pool are way to common.

“We are excited about the opportunity to bring together two leading destinations in online real estate, and offer a valuable service to both renters and property managers looking to fill vacancies,” said Kevin Doyle, senior vice president and general manager of Apartments.com. “By enabling Yahoo! Real Estate’s users to access our detailed and visual listings data, Apartments.com can build on our goal to reach renters across the country. In doing so, we will provide even more highly qualified leads to our advertisers, thus reducing the cost for an apartment community to fill a vacancy.” via the Brooklyn Daily Eagle

Tags: Apartment.com, Yahoo+Real+Estate, Online+Real+Estate
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Dubai Real Estate Institute To Develop Programs With USC
July 31st, 2007 — Real Estate Technology

One thing about real estate in Dubai is they do not do things halfway. When they build their buildings the results are world class. Now to increase the level of real estate education, the Dubai Real Estate Institute has joined forces with the noted School of Planning and Development at the University of Southern California.

USC’s school is considered one of the top institutes in the country for real estate and development education and this should help Dubai build their leaders of tomorrow and create and deeper pool of talent in the developing country.

Dubai Real Estate Institute, the region’s first academic institute for real estate studies, yesterday signed a memorandum of understanding with the School of Planning and Development at the University of Southern California in the US. They will work jointly to offer academic as well as executive education programmes and professional training in real estate to address pressing issues in the industry and offer cutting edge ideas and approaches. In addition, the cooperation will extend to cover important research initiatives in the region. via Gulfnews

Tags: Dubai, USC, Development
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Burj Dubai Becomes World’s Tallest Building
July 21st, 2007 — Real Estate Technology

Burj Dubai has officially become the world’s tallest building after passing the Taipei 101 at 1,680 feet. What once was a small trading town, Dubai is now the center of the universe for new and exotic construction.



Burj Dubai, a tower rising in the booming Gulf emirate, has become the tallest building in the world at 512.1 metres (1,680 feet), surpassing Taiwan’s Taipei 101 which is 508 metres (1,667 feet) tall, developers Emaar said Saturday.
Burj Dubai, or Dubai Tower, now has 141 storeys, more than any other building in the world, Emaar Properties said in a statement.
The skyscraper, scheduled for completion in 2008, is one of a string of grandiose projects taking shape in Dubai, which is part of the United Arab Emirates. via Yahoo! News

Tags: worlds+tallest+building, birj+dubai, burj+dubai, burj+dubia
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Terabitz Creates Digital Dashboard For Real Estate Transactions
July 17th, 2007 — Real Estate Technology

Terabitz, new player in the online real estate world, is taking a new tact with it’s 10 million dollar financing package. The company has created a digital dashboard application to help manage all of the facets included in moving to a new home or apartment. Instead of being a one way data source, Terabitz is looking to provide a drag and drop environment for managing all of the information that you will need when you move.

It is an interesting concept and I think it will have legs for the younger set of internet mavens, but for a site that has the potential to be plug and play and easy to use, it still inundates with data. I think if they gave the user a simple wizard to walk through to get started the application would have a better success rate where people could then manipulate the data to their specifications while having a baseline.

In a press release, Terabitz says that its service will do for online real estate what TiVo did for television, eBay did for auctions and iTunes did for music. It also takes a swipe at Zillow, the Seattle online home valuation service that has raised $57 million to date.
“People need an easy way to manage the dozens of sources of information that comprise a move. Companies such as Zillow have attempted to solve this problem, but offer only single, narrow solutions,” says Chief Executive Ashfaq Munshi, the former chief executive of Level5 Networks and father of Kamran Munshi.
The company says its site, which can be customized by each user, will include property listings as well as neighborhood information related to hospitals, libraries, theaters, restaurants and crime statistics. Users can drag information — say fast food restaurants, for sale listings or cafes — into an online workspace.
That information can then be loaded onto a Google Map, so a user could see how close a home is to a McDonald’s (shown as a hamburger icon), an elementary school (shown as a yellow sign), a cafe (shown as a coffee cup) or other neighborhood businesses. Along with homes from the MLS, the site also integrates property listings from CraigsList and Google. It also offers the tax assessment for each property and notes comparable homes that have sold nearby. via John Cook’s