reAlpha Tech Corp. (“reAlpha”) (Nasdaq: AIRE), a leading real estate technology firm specializing in artificial intelligence (“AI”) solutions, has unveiled Claire, an innovative AI-powered Smart Buyer’s Agent that operates without commissions.
Claire‘s debut coincides with significant changes in the real estate industry following the National Association of Realtors (NAR) decision to eliminate the traditional 6 percent sales commission, amounting to roughly $100 billion in annual realtor fees. Claire offers a commission-free alternative for homebuyers through its AI-driven platform, streamlining the home buying process.
Homebuyers can engage with Claire’s intuitive conversational interface, receiving guidance throughout their entire journey, from property search to closing transactions. With 24/7 support, Claire enhances efficiency, enjoyment, and cost-effectiveness in home buying. Leveraging over 400 data attributes, Claire matches buyers with ideal properties, provides market insights, facilitates property tours, and assists in negotiations.
Mike Logozzo, President and COO of reAlpha, commented, “Claire represents a timely solution amid the real estate industry’s ongoing transformation. Our aim in developing Claire was straightforward: revolutionize home buying using AI to deliver a superior experience and value for homebuyers.”
Claire is currently operational in Palm Beach, Miami-Dade, and Broward Counties, supported by reAlpha Realty, LLC (“reAlpha Realty”), a licensed and insured real estate brokerage based in Miramar, Florida. This service is complemented by a team of licensed agents available on a commission-free basis to aid Claire users. reAlpha Realty also offers rebates from buy-side commissions, easing the financial burden for homebuyers.
Jorge Aldecoa, Chief Product Officer at reAlpha, remarked, “Incorporating generative AI into the home buying process is a natural evolution for the industry. We’re proud to introduce Claire, a solution that’s timely, differentiated, and trustworthy.”
Claire’s launch reflects reAlpha’s mission to modernize the multi-trillion-dollar global real estate sector through AI technologies and strategic acquisitions.
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By Proptechbuzz
By Ravi Kumar
