reAlpha Tech Corp. (reAlpha), a real estate technology company, has announced the launch of its AI-powered real estate 'Super App' for mobile devices on August 20, 2024. The Super App, previously known as 'Claire,' offers an end-to-end, commission-free homebuying experience, integrating AI-driven buyer's agent Claire, licensed human agent support, and a suite of homebuying tools including title and escrow agent services. The launch aligns with recent National Association of Realtors (NAR) rule changes that eliminate the standard six percent sales commission, making reAlpha's offering more compelling. The Super App is currently available in 20 counties in Florida, with plans to expand to more U.S. states. reAlpha's CEO Giri Devanur, who owns approximately 62.35% of the...Show More

reAlpha Tech Corp. (reAlpha), a real estate technology company, has announced the launch of its AI-powered real estate 'Super App' for mobile devices on August 20, 2024. The Super App, previously known as 'Claire,' offers an end-to-end, commission-free homebuying experience, integrating AI-driven buyer's agent Claire, licensed human agent support, and a suite of homebuying tools including title and escrow agent services. The launch aligns with recent National Association of Realtors (NAR) rule changes that eliminate the standard six percent sales commission, making reAlpha's offering more compelling. The Super App is currently available in 20 counties in Florida, with plans to expand to more U.S. states. reAlpha's CEO Giri Devanur, who owns approximately 62.35% of the company's common stock, has filed a prospectus supplement with the SEC, updating the information from the original prospectus dated June 25, 2024. The company's common stock is listed on the Nasdaq under the ticker symbol 'AIRE' and closed at $1.32 on August 19, 2024. The company is considered a 'controlled company' under Nasdaq listing rules but has chosen not to take advantage of certain corporate governance exceptions.