reAlpha Tech Corp. introduces a commission-free homebuying platform in Georgia, leveraging generative AI to assist homebuyers with tasks such as mortgage pre-approval, property tours, and offer letters. The platform also offers mortgage brokerage and title services. The company's Technology Services segment includes AI-powered technologies like reAlpha, reAlpha BRAIN, and reAlpha HUMINT.
Dublin, Ohio, July 2, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (Nasdaq: AIRE) ("reAlpha" or the "Company"), an AI-powered real estate technology company, has announced the expansion of its commission-free homebuying platform into Georgia. This move comes as part of the company's strategic growth plan to offer its services in the nation's eighth most populous state.
The expansion marks a significant milestone for reAlpha, which has been operating in Georgia through its licensed AI-enhanced mortgage subsidiary, reAlpha Mortgage, since 2018. With this new development, reAlpha aims to provide a more comprehensive and connected experience for homebuyers by integrating real estate brokerage, mortgage, and title services under one platform.
The company's platform leverages generative AI to assist homebuyers with tasks such as mortgage pre-approval, property tours, and offer letters. This AI-driven approach aims to simplify the homebuying process and deliver significant savings at closing. According to reAlpha, its platform can save an average of $8,000 on a typical home purchase of $420,000 [1].
Mike Logozzo, Chief Executive Officer of reAlpha, stated, "Expanding into Georgia is a natural next step in reAlpha’s nationwide rollout. We believe it is a high-activity market with strong homebuyer demand. Our platform is built to simplify real estate while delivering meaningful savings, and Georgia gives us the opportunity to showcase that value across the Southeast."
To accelerate awareness of its services in Georgia, reAlpha has activated a strategic media-for-equity partnership with Mercurius Media Capital. This partnership provides reAlpha with access to premium television and digital out-of-home advertising inventory, supporting the company's expansion and consumer reach [1].
reAlpha's platform currently has IDX coverage reaching approximately 97% of active listings in Georgia. This extensive coverage ensures that homebuyers can access a wide range of properties through the platform. The company plans to launch in additional states in the coming months [1].
References:
[1] https://finance.yahoo.com/news/realpha-expands-homebuying-platform-georgia-203200488.html
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