reAlpha Tech Corp (AIRE), a publicly traded real estate software company, has introduced a revolutionary “super app” that offers a free end-to-end solution for homebuying representation.
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reAlpha Tech Corp (AIRE), a publicly traded real estate software company, has launched a groundbreaking “super app” that provides a free solution for end-to-end homebuying representation and services, powered by an artificial intelligence named Claire.
In a press release dated Aug. 20, reAlpha highlighted new regulations implemented as part of a settlement between the National Association of Realtors and a group of consumers seeking changes in the traditional real estate commission structure.
The super app does not charge a commission for homebuyer use and includes human support from a licensed sales professional. It offers features such as home search and onboard title and escrow services.
Previously known as Claire, the app now offers a more integrated AI experience and a comprehensive consumer-focused interface in the mobile environment.
“This launch aligns with the evolving landscape of the real estate industry following the recent NAR settlement to eliminate the standard 6 percent sales commission for home purchases. These rule changes took effect on Aug. 17, making reAlpha’s commission-free offering even more appealing to property buyers,” the release explained.
In essence, the app serves as a digital buyer services solution, featuring “commission-free homebuying,” support from Claire the AI real estate agent, and AI-driven natural language home search and recommendations.
Claire provides round-the-clock support for general app usage, market insights, and guidance on the homebuying process, including offer submissions and negotiations. It can also review and simplify transaction documents, including home inspection summaries, settlement statements, and contract analyses.
“At reAlpha, we understand that buying a home is a significant decision for many individuals,” said Mike Logozzo, President and COO of reAlpha, in the release. “We leverage AI to enhance the homebuying experience, providing personalized support through the reAlpha super app on mobile devices.”
The acquisition of Hyperfast in July 2024, a licensed title company in Florida, Virginia, and Tennessee, enables reAlpha to offer integrated title services. The company’s licensed agents can also assist with custom homebuying needs as they arise. Additionally, reAlpha plans to expand its services to include mortgages and home insurance options by partnering with industry service providers.
In 2023, the company acquired an AI investment analysis tool focused on income properties. It also launched a retail-grade fractional investing platform, GenA, allowing users to invest in Airbnb properties and other short-term rental opportunities. GenA uses AI to create marketing content for hosts, similar to tools available to residential listing agents.
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