Summary by Moomoo AI
reAlpha Tech Corp. announced the launch of its AI-powered real estate Super App for mobile devices on August 20, 2024, coinciding with recent NAR rule changes that eliminated standard 6% sales commissions. The platform, renamed from "Claire" to "reAlpha," offers a commission-free homebuying experience combining AI technology with licensed agent support.The Super App features AI-driven capabilities including 24/7 support through Claire (AI buyer's agent), personalized property matching, document review, and integrated title services following the recent Hyperfast acquisition. The platform aims to streamline the entire homebuying process through a single mobile interface, with plans to add mortgage brokerage and insurance services.Currently available on iOS devices, the Super App operates in 20 Florida counties with plans for nationwide expansion pending new brokerage licenses. The platform's launch strategically aligns with industry changes, positioning reAlpha to capitalize on the estimated $100 billion annual realtor fee market by offering a cost-free alternative for homebuyers.
