ReAlpha Tech Corp., a real estate technology company developing and commercializing artificial intelligence (AI) technologies, announced the acquisition of USRealty Brokerage Solutions LLC and an investment into its parent, Unreal Estate Inc.
ReAlpha Tech Corp. 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, its goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. Unreal Estate Inc. uses AI to automate the work of its brokers to make them more productive. This advanced technology reduces the cost of transactions, enabling clients to save significantly on fees and commissions. Additionally, Unreal offers AI as a service to homebuying professionals, providing valuable insights to aid their investment decisions.
In connection with the acquisition and investment, US Realty entered into a services agreement with a broker from Unreal Estate LLC to provide broker services and facilitate access to brokerage licenses in up to 33 U.S. states. This agreement is expected to enable reAlpha’s expansion into such states, subject to the completion of all applicable regulatory and legal requirements. ReAlpha expects to continue seeking additional brokerage licenses to expand its services nationwide by the end of 2025.
“This acquisition and the related services agreement will provide ReAlpha with the ability to obtain up to 33 U.S. state brokerage licenses, which we expect will expand our reach in the U.S. and reduce the time and costs associated with organic growth,” said Giri Devanur, CEO of ReAlpha. “We believe that investing in Unreal will strengthen our operational capabilities, creating opportunities to expand reAlpha’s platform and support growth in our service businesses, including Be My Neighbor and Hyperfast.”
