reAlpha is an early-stage proptech company building an end-to-end homebuying platform that bundles real estate brokerage, mortgage brokering, and digital title and escrow services into a single workflow. The platform's AI concierge, Claire, guides homebuyers through the process 24/7, backed by licensed agents and loan officers. reAlpha also uses AI internally to automate loan officer workflows and lead intake. A key selling point is a buyer rebate of up to 1.0% of the purchase price at closing, with an additional 0.5% rebate if the buyer also uses reAlpha's mortgage service — a model reAlpha positions as a direct response to the NAR settlement reshaping buyer-side commission disclosure. reAlpha currently offers services across 35 U.S. states and D.C., though all three services are only available in Florida and Virginia. The company operates two segments: Homebuying Services (the core business, including recently acquired Prevu and Hyperfast) and Technology Services (software development via reAlpha Nepal and AI chatbot subscriptions sold to businesses in APAC via AiChat). reAlpha earns fees at each stage of a transaction — brokerage commissions, mortgage origination fees, and title and settlement fees — with revenue scaling as more homebuyers use the full suite. Growth is driven by acquisitions, state-by-state licensing expansion, and a loan officer recruitment program that offers equity compensation alongside AI tools and in-house leads. reAlpha is in early-stage commercialization and has not yet reached meaningful scale.
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