Core Viewpoint - reAlpha Tech Corp. is expanding its AI-powered real estate platform into Georgia, marking its entry into a third major state and enhancing its operational footprint [1][2][3] Group 1: Expansion Details - Georgia recorded over 125,000 home sales in 2024, with a median sale price of $375,000, leading to an annual residential transaction volume of approximately $47 billion [2] - The expansion targets key markets in Georgia, including Atlanta, Savannah, Augusta, and Macon, to serve a growing base of prospective homebuyers [2][3] - The company aims to leverage a media-for-equity partnership with Mercurius Media Capital to enhance brand awareness and consumer reach in Georgia [3] Group 2: Platform Features - reAlpha's AI-powered homebuying platform offers a commission-back experience, saving an average of around $8,000 at closing for homebuyers [4][7] - The platform integrates various services such as realty, title, and mortgage, providing personalized home recommendations and real-time support through its AI assistant, Claire [4][8] - The platform currently has IDX coverage reaching approximately 97% of active listings in Georgia [6] Group 3: Existing Operations - reAlpha has been operating in Georgia since 2018 through its licensed AI-enhanced mortgage subsidiary, reAlpha Mortgage, which currently operates across 30 states [5] - The addition of real estate brokerage capabilities positions reAlpha to deliver a more connected experience for homebuyers in Georgia [5][7] Group 4: Future Plans - The company plans to launch its services in additional states in the coming months, following its expansion into Georgia [7]
reAlpha Expands Homebuying Platform into Georgia, Activating Third State in National Realty Rollout