{"id":796481,"date":"2024-12-20T08:05:51","date_gmt":"2024-12-20T13:05:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/"},"modified":"2024-12-20T08:05:51","modified_gmt":"2024-12-20T13:05:51","slug":"realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/","title":{"rendered":"reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs"},"content":{"rendered":"
\n

DUBLIN, Ohio, Dec. 20, 2024 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (\u201creAlpha\u201d or the \u201cCompany\u201d) (Nasdaq: AIRE<\/u>), a real estate technology company developing and commercializing artificial intelligence (\u201cAI\u201d) technologies, today launched the enterprise version of its commission-free AI homebuying platform. reAlpha Enterprise will specifically cater to corporate relocation programs. This strategic initiative targets the $25 billion employee relocation market by offering cost savings for both employers and employees.1<\/sup><\/p>\n

\u201creAlpha Enterprise addresses a critical market need by eliminating buy-side real estate commission expenses and bringing the entire process into one place,\u201d said Giri Devanur, CEO of reAlpha. \u201cBy leveraging our commission-free real estate platform, we aim to provide partnered companies and their employees with a seamless solution to homebuying, which many Americans identify as the most stressful life event.\u201d2<\/sup><\/p>\n

Through the elimination of traditional buy-side real estate commissions, employees can save up to 3% of the purchase price on their home. If the seller of the home has already agreed to pay the buy-side agent commission, reAlpha will refund it to the buyer in the form of a closing cost credit, which they can use to increase their purchasing power.<\/p>\n

Mr. Devanur continued, \u201creAlpha Enterprise goes beyond just savings by offering a complete relocation ecosystem. Our platform integrates essential services including title, mortgage, and closing support, while our in-house licensed agents provide no-obligation assistance throughout the process.<\/p>\n

Companies can deploy reAlpha Enterprise without implementation fees or complex HR integration. The platform provides employers with management dashboards and custom landing pages, while offering employees AI-powered school and moving recommendations.<\/p>\n

\n About reAlpha Tech Corp.<\/strong>\n <\/p>\n

reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha\u2019s goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit www.reAlpha.com<\/a>.<\/p>\n

\n About the reAlpha Platform<\/strong>\n <\/p>\n

reAlpha (previously called \u201cClaire\u201d), announced on April 24, 2024, is reAlpha\u2019s generative AI-powered, commission-free, homebuying platform. The tagline: No fees. Just keys.\u2122 \u2013 reflects reAlpha\u2019s dedication to eliminating traditional barriers and making homebuying more accessible and transparent.<\/p>\n

reAlpha\u2019s introduction aligns with major shifts in the real estate sector after the National Association of Realtors agreed to settle certain lawsuits upon being found to have violated antitrust laws, resulting in inflated fees paid to buy-side agents. This development is expected to result in the end of the standard six percent sales commission, which equates to approximately $100 billion in realtor fees paid annually. The reAlpha platform offers a cost-free alternative for homebuyers by utilizing an AI-driven workflow that assists them through the homebuying process.<\/p>\n

Homebuyers using the reAlpha platform\u2019s conversational interface will be able to interact with Claire, reAlpha\u2019s AI buyer\u2019s agent, to guide them through every step of their homebuying journey, from property search to closing the deal. By offering support 24\/7, Claire is poised to make the homebuying process more efficient, enjoyable, and cost-efficient. Claire matches buyers with their dream homes using over 400 data attributes and provides insights into market trends and property values. Additionally, Claire can assist with questions, booking property tours, submitting offers, and negotiations.<\/p>\n

Currently, the reAlpha platform is under limited availability for homebuyers located in 20 counties in Florida, but reAlpha is actively seeking new MLS and brokerage licenses that will enable expansion into more U.S. states.<\/p>\n

For more information, please visit www.reAlpha.com<\/a>.<\/p>\n

\n Footnotes<\/strong>\n <\/p>\n

1. Source: <\/strong>ARC Relocation. (n.d.). Employee Relocation. ARC Relocation. Retrieved December 3, 2024, from\u00a0https:\/\/arcrelocation.com\/employee-relocation\/<\/a><\/p>\n

2. Source: <\/strong>HousingWire. (2019, May 29). Americans say buying a home is most stressful event in modern life. HousingWire. Retrieved December 19, 2024, from\u00a0https:\/\/www.housingwire.com\/articles\/46384-americans-say-buying-a-home-is-most-stressful-event-in-modern-life\/<\/a><\/p>\n

\n Forward-Looking Statements<\/strong>\n <\/p>\n

The information in this press release includes \u201cforward-looking statements\u201d. Forward-looking statements include, among other things, statements about reAlpha Enterprise and the corporate relocation market; the anticipated benefits of reAlpha Enterprise; reAlpha\u2019s ability to anticipate the future needs of the market for corporate relocations; future trends in the real estate, technology and artificial intelligence industries, generally; and reAlpha\u2019s future growth strategy and growth rate. In some cases, you can identify forward-looking statements by terminology such as \u201cmay\u201d, \u201cshould\u201d, \u201ccould\u201d, \u201cmight\u201d, \u201cplan\u201d, \u201cpossible\u201d, \u201cproject\u201d, \u201cstrive\u201d, \u201cbudget\u201d, \u201cforecast\u201d, \u201cexpect\u201d, \u201cintend\u201d, \u201cwill\u201d, \u201cestimate\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201cpredict\u201d, \u201cpotential\u201d or \u201ccontinue\u201d, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha\u2019s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; reAlpha\u2019s ability to commercialize its developing AI-based technologies; whether reAlpha\u2019s technology and products will be accepted and adopted by its customers and intended users; reAlpha\u2019s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies\u2019 services; reAlpha\u2019s ability to successfully enter new geographic markets; reAlpha\u2019s ability to obtain the necessary regulatory and legal approvals to expand into additional U.S. states and maintain, or obtain, brokerage licenses in such states; reAlpha\u2019s ability to generate additional sales or revenue from having access to, or obtaining, additional U.S. states brokerage licenses; the inability to maintain and strengthen reAlpha\u2019s brand and reputation; reAlpha\u2019s ability to scale its operational capabilities to expand into additional geographic markets; the potential loss of key employees of its acquired companies, including, but not limited to, the broker providing services on behalf of US Realty, one of reAlpha\u2019s subsidiaries; reAlpha\u2019s inability to accurately forecast demand for short-term rentals, corporate relocation programs and AI-based real estate focused products; reAlpha\u2019s ability to successfully compete in the corporate relocation market; the inability to execute business objectives and growth strategies successfully or sustain reAlpha\u2019s growth; the inability of reAlpha\u2019s customers to pay for reAlpha\u2019s services; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha\u2019s U.S. Securities and Exchange Commission (\u201cSEC\u201d) filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha\u2019s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha\u2019s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/p>\n

\n Company Contact<\/strong>\n <\/p>\n

Investor Relations<\/p>\n

investorrelations@realpha.com<\/p>\n

\n Media Contact<\/strong>\n <\/p>\n

Alliance Advisors IR on behalf of reAlpha<\/p>\n

Fatema Bhabrawala<\/p>\n

fbhabrawala@allianceadvisors.com<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

DUBLIN, Ohio, Dec. 20, 2024 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (\u201creAlpha\u201d or the \u201cCompany\u201d) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (\u201cAI\u201d) technologies, today launched the enterprise version of its commission-free AI homebuying platform. reAlpha Enterprise will specifically cater to corporate relocation programs. This strategic initiative targets the $25 billion employee relocation market by offering cost savings for both employers and employees.1 \u201creAlpha Enterprise addresses a critical market need by eliminating buy-side real estate commission expenses and bringing the entire process into one place,\u201d said Giri Devanur, CEO of reAlpha. \u201cBy leveraging our commission-free real estate platform, we aim to provide partnered companies and their employees with a seamless solution to homebuying, which many … <\/p>\n

Continue reading “reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-796481","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nreAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DUBLIN, Ohio, Dec. 20, 2024 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (\u201creAlpha\u201d or the \u201cCompany\u201d) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (\u201cAI\u201d) technologies, today launched the enterprise version of its commission-free AI homebuying platform. reAlpha Enterprise will specifically cater to corporate relocation programs. This strategic initiative targets the $25 billion employee relocation market by offering cost savings for both employers and employees.1 \u201creAlpha Enterprise addresses a critical market need by eliminating buy-side real estate commission expenses and bringing the entire process into one place,\u201d said Giri Devanur, CEO of reAlpha. \u201cBy leveraging our commission-free real estate platform, we aim to provide partnered companies and their employees with a seamless solution to homebuying, which many … Continue reading "reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-20T13:05:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyMjQ1MiM2NjQ2NTIwIzIyNjIxOTY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs\",\"datePublished\":\"2024-12-20T13:05:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\\\/\"},\"wordCount\":1227,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyMjQ1MiM2NjQ2NTIwIzIyNjIxOTY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\\\/\",\"name\":\"reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs - 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(\u201creAlpha\u201d or the \u201cCompany\u201d) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (\u201cAI\u201d) technologies, today launched the enterprise version of its commission-free AI homebuying platform. reAlpha Enterprise will specifically cater to corporate relocation programs. This strategic initiative targets the $25 billion employee relocation market by offering cost savings for both employers and employees.1 \u201creAlpha Enterprise addresses a critical market need by eliminating buy-side real estate commission expenses and bringing the entire process into one place,\u201d said Giri Devanur, CEO of reAlpha. \u201cBy leveraging our commission-free real estate platform, we aim to provide partnered companies and their employees with a seamless solution to homebuying, which many … Continue reading \"reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/","og_site_name":"Market Newsdesk","article_published_time":"2024-12-20T13:05:51+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyMjQ1MiM2NjQ2NTIwIzIyNjIxOTY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs","datePublished":"2024-12-20T13:05:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/"},"wordCount":1227,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyMjQ1MiM2NjQ2NTIwIzIyNjIxOTY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/realpha-platform-announces-the-launch-of-its-enterprise-version-for-corporate-relocation-programs\/","name":"reAlpha Platform Announces the Launch of Its Enterprise Version for Corporate Relocation Programs - 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