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reAlpha Tech Soars 14.62% on Georgia Expansion
Generated by AI AgentAinvest Pre-Market Radar
Friday, Aug 29, 2025 8:29 am ET1min read
Aime SummaryOn August 29, 2025,
surged 14.62% in pre-market trading, marking a significant rise in its stock price.reAlpha Tech has recently expanded its commission-free homebuying platform into Georgia, a strategic move that aligns with its nationwide growth plan. This expansion leverages generative AI to assist homebuyers with various tasks, including mortgage pre-approval, property tours, and offer letters. The platform also offers mortgage brokerage and title services, aiming to provide a comprehensive and connected experience for homebuyers.
The company's platform currently covers approximately 97% of active listings in Georgia, ensuring that homebuyers have access to a wide range of properties. This move is part of reAlpha's broader strategy to simplify the homebuying process and deliver significant savings, with an average savings of $8,000 on a typical home purchase of $420,000.
reAlpha Tech's expansion into Georgia is seen as a significant milestone, as it enters the state's $47 billion real estate market with over 125,000 annual home sales. The company plans to launch in additional states in the coming months, further solidifying its position in the real estate technology sector.
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