Summary of reAlpha Tech Fireside Chat - February 12, 2026 Company Overview - **Company**: reAlpha Tech (NasdaqCM:AIRE) - **Industry**: Real Estate Technology - **Focus**: AI-powered end-to-end home buying platform aimed at automating and streamlining traditional real estate transactions [1][5] Core Issues Addressed - **Fragmentation in Home Buying**: The current home buying process is described as fragmented, manual, and opaque, leading to buyer uncertainty [6] - **AI Integration**: The company aims to use AI to enhance transparency, predictability, and provide real-time guidance throughout the transaction process [7][10] Current AI Applications - **AI Concierge (Claire)**: An AI tool that assists buyers by coordinating their home buying journey and providing guidance [8] - **Home Buying Hub**: A platform that consolidates various stages of the home buying process, allowing users to track their progress [9] - **AI Loan Officer Assistant**: A backend tool that helps mortgage officers manage documentation and identify missing information [9] Strategic Acquisitions - **Recent Acquisitions**: - **Prevu**: A digital realty company that expands reAlpha's geographic footprint to 12 states plus the District of Columbia [12][23] - **InstaMortgage**: A pending acquisition that will enhance the company's mortgage lending capabilities [12][21] - **Integration Goals**: The focus is on deeper platform integration to reduce handoffs and improve efficiency as the company scales [13][121] Geographic Footprint - **Current Presence**: Initially focused on Florida, now expanded to 12 states with the Prevu acquisition, targeting high-growth areas [22][25] - **Mortgage Services**: Currently operating in about 32 states, with plans to expand further post-InstaMortgage acquisition [29] Target Market - **Home Buyer Profile**: Focus on average transactions between $400,000 and $600,000, appealing to a broad customer base [30][36] - **Rebate Program**: Offers rebates for using multiple services, enhancing customer savings and incentivizing service bundling [40][45] Market Environment - **Interest Rates**: Lower interest rates are seen as a potential tailwind for business, but the company emphasizes building a resilient model that is not solely dependent on rate fluctuations [50][56] - **Market Stability**: The current market is described as stable but selective, with buyers being more thoughtful and methodical in their decisions [72] Strategic Priorities for 2026 - **Execution Quality**: Focus on operational consistency and system reliability as key strategic priorities [114][116] - **M&A Strategy**: Continued focus on strategic acquisitions that enhance the platform without creating disconnected assets [119][127] Talent Acquisition - **Mission-Driven Talent**: The company seeks individuals who are innovative and willing to embrace new technologies, particularly in AI [93][95] - **Public Company Advantages**: Being publicly traded allows reAlpha to offer RSUs as a retention tool, aligning employee interests with company growth [100][103] Conclusion - **Growth Strategy**: reAlpha Tech aims to grow both organically and inorganically, focusing on enhancing customer experience and operational efficiency while navigating the complexities of the real estate market [140][144]

Revenue Projections - Estimated total revenue for Q4 2025 is projected to be between $0.8 million and $1.0 million[4] - Estimated total revenue for the year ended December 31, 2025, is projected to be between $4.4 million and $4.6 million[4] Cash Position - Cash as of December 31, 2025, is approximately $7.7 million, a decrease of $1.5 million from $9.2 million as of September 30, 2025[5] - The decrease in cash was primarily due to the payment of a commitment fee and cash consideration for the acquisition of Prevu, Inc.[5] Financial Data Disclaimer - The financial data presented is preliminary and unaudited, and actual results may differ materially[6]

Core Insights - reAlpha Tech Corp. is focusing on its growth strategy and business priorities for 2026, emphasizing the integration of AI and M&A in its homebuying platform [1][2][3] Group 1: Company Strategy - The company aims to transform the U.S. real estate services market, which is valued in the multi-trillion-dollar range, by developing an end-to-end platform that integrates brokerage, mortgage, and title services [5] - The management will discuss strategic choices that shape the platform and the role of AI in this vision during the upcoming fireside chat [3][2] - The company is pursuing a growth model driven by strategic acquisitions and organic development, focusing on how these elements are integrated and governed [3] Group 2: Event Details - A fireside chat titled "HCW @ Home" will take place on February 12, 2026, at 11:00 A.M. ET, featuring CEO Mike Logozzo and CFO Piyush Phadke [1][7] - The session will be hosted by Scott Buck from H.C. Wainwright and will be available for replay on the investor relations website for at least 90 days after the event [7]

Core Viewpoint - reAlpha Tech Corp. has launched the reAlpha Homebuying Hub, an AI-powered platform aimed at streamlining the homebuying process by coordinating various steps from search to closing, thereby enhancing clarity and execution for buyers [1][4]. Group 1: Homebuying Hub Features - The Homebuying Hub integrates key transaction activities into a single flow, improving transparency regarding progress, responsibilities, and next steps for buyers [1][2]. - It supports major stages of the homebuying journey, including home search, tour scheduling, digital agreement execution, mortgage engagement, offer preparation, and closing task coordination [3][4]. - The platform allows buyers to see potential commission rebates associated with bundled services, helping them make informed decisions [3]. Group 2: Industry Context - The homebuying process has become increasingly complex due to the involvement of multiple parties, tools, and timelines, leading to confusion and delays [2]. - The Homebuying Hub aims to reduce fragmentation in the process by organizing buyer activities into a structured execution layer, thereby connecting decisions, tasks, and handoffs [2][4]. - The launch of the Homebuying Hub aligns with reAlpha's strategy to create a vertically integrated ecosystem that simplifies real estate transactions through integrated brokerage, mortgage, and title services [5].

Core Insights - reAlpha Tech Corp. has successfully completed its first integration milestone following the acquisition of Prevu Inc., expanding its brokerage presence to 13 active states and Washington, D.C. ahead of the spring homebuying season [1][4] Group 1: Expansion and Services - The expanded brokerage footprint is now operational, providing buyer representation services in high-demand housing markets such as California, New York, and Washington [2] - The integration allows reAlpha to offer both real estate and mortgage brokerage services in 8 states, enabling eligible homebuyers to receive commission rebates of up to approximately 1.5% [2] - In 2025, homebuyers using reAlpha's services received a median commission rebate of $10,450 [2] Group 2: Strategic Goals and Operations - The CEO of reAlpha Realty emphasized that the expansion increases access to local expertise and lays the groundwork for deeper service and technology integrations [4] - Prevu will provide local brokerage services supported by reAlpha's centralized marketing, operational, and compliance framework, ensuring consistent service quality while maintaining local market expertise [4] - reAlpha aims to transform the U.S. real estate services market through an end-to-end platform that integrates brokerage, mortgage, and title services [5]

Core Insights - reAlpha Tech is integrating AI into its mortgage and real estate operations, focusing on practical applications rather than superficial features [4][6][12] - The company emphasizes the importance of embedding AI within workflows to enhance decision-making and customer experience [1][3][8] AI Integration - reAlpha's AI tools include "Claire," an AI homebuying concierge, and an AI loan officer assistant designed to streamline data extraction and loan file preparation [1][6][12] - The company views AI as part of its operating system, enhancing internal processes and customer interactions [7][12][13] Evaluation of AI Initiatives - reAlpha evaluates AI projects based on throughput, accuracy, and cost, aiming to avoid vanity projects and ensure meaningful impact [4][14][19] - The company focuses on building core intellectual property and designing workflows around AI to differentiate its offerings [14] Regulatory Considerations - The complexity of mortgage and real estate transactions necessitates AI systems that can handle identity verification, legal contracts, and regulatory compliance [5][9][10] - reAlpha designs its systems for traceability and explainability, ensuring decisions can withstand scrutiny [15] Company Strategy - reAlpha maintains a traditional B2C approach aimed at homebuyers, avoiding distractions from potential SaaS opportunities that do not align with its vision [16] - The company specializes in acquiring, renovating, and managing single-family rental properties, leveraging data analytics to identify investment opportunities [17][18]

Summary of ReAlpha Tech (NasdaqCM:AIRE) Update - January 13, 2026 Company Overview - **Company**: ReAlpha Tech - **Industry**: Real Estate and Mortgage Technology - **Focus**: Utilization of AI in mortgage and real estate operations Key Points and Arguments AI Implementation in Operations - ReAlpha is focusing on practical applications of AI in mortgage and real estate, emphasizing its real-world value rather than abstract concepts [1][2] - AI is being used to automate workflows, process large volumes of data, and enhance customer interactions, moving from basic automation to more sophisticated applications [12][13] Leadership and Expertise - Mike Logozzo, CEO, and Vijay Ratnakar, CTO, lead the company with extensive backgrounds in finance, technology, and enterprise systems [2][3] - Ratnakar emphasizes the importance of building systems that leverage technology to create value, rather than technology itself being the value driver [8][9] Challenges in the Real Estate Sector - The complexity of the real estate and mortgage industry arises from the need to handle sensitive personal information, regulatory compliance, and data from multiple independent sources [16][17] - AI deployment in this sector requires a focus on traceability and explainability to meet regulatory standards [29][30] AI as a Core Infrastructure - ReAlpha views AI as the operating system of the company, integrating it into various touchpoints and workflows to enhance efficiency and scalability [21][22] - The company is focused on building a compliant operating system that can withstand regulatory scrutiny while improving operational efficiency [30] Evaluating AI Initiatives - Key metrics for assessing AI projects include throughput, accuracy, and cost reduction. Successful initiatives should process more deals faster and with fewer errors [23][24] - The company aims to avoid "vanity projects" that do not contribute to core business objectives or competitive advantage [24][25] Future Outlook and Innovation - ReAlpha is committed to continuous innovation, with a focus on developing new products and business models that leverage AI across the entire lifecycle of operations [32][33] - The company is optimistic about the potential of AI to transform the home buying and financing process, aiming for rapid deployment of new features and improvements [31][32] Additional Important Insights - The discussion highlighted the misconception that AI will replace human jobs; instead, it is seen as a tool to eliminate repetitive tasks, allowing employees to focus on complex decision-making [26][27] - The company is actively engaging with investors and stakeholders, promising transparency and updates on developments, especially regarding AI products [35][36] This summary encapsulates the key discussions and insights from the ReAlpha Tech update, focusing on the integration of AI in the real estate and mortgage industry, the challenges faced, and the company's strategic direction.

Core Insights - reAlpha Tech Corp. is hosting a live audio session titled "AIRE Time with Mike & Vijay" on January 13, 2026, focusing on the practical use of AI in mortgage and real estate operations [1][7] - The session will feature a discussion between the CEO and CTO, highlighting current AI applications, operational value, and the gap between expectations and capabilities in AI adoption [2][3] Company Overview - reAlpha Tech Corp. is an AI-powered real estate technology company aiming to transform the U.S. real estate services market, which is valued in the multi-trillion-dollar range [5] - The company is developing an end-to-end platform that integrates brokerage, mortgage, and title services to streamline real estate transactions [5] - reAlpha employs a strategic, acquisition-driven growth model and proprietary AI infrastructure to create a vertically integrated ecosystem for homeownership [5] Event Details - The live session will be accessible via X Spaces at 12:00 P.M. ET on January 13, 2026, with a replay available for at least 12 months post-event [7]

Core Viewpoint - reAlpha Tech Corp. has launched a national Loan Officer Recruitment Program aimed at attracting experienced residential mortgage loan officers by offering Restricted Stock Unit (RSU) awards, aligning performance-based incentives with operational support and AI-enabled tools to facilitate national expansion [1][5]. Recruitment Program Details - The program introduces a consistent recruiting and onboarding framework, designed to help Loan Officers focus more on production and borrowers rather than administrative tasks [2]. - Eligible loan originators with verified production may qualify for RSUs in reAlpha's common stock, which vest over four years and are contingent on continued employment [3]. Support and Tools for Loan Officers - reAlpha Mortgage provides Loan Officers with access to in-house lead sources, onboarding and product training, and operational systems to reduce administrative friction [4]. - Loan Officers benefit from an internal AI Loan Officer Assistant to streamline document workflows and task organization, as well as an AI-powered Engagement Assistant to enhance lead engagement and follow-up [4]. Strategic Objectives - The program is aligned with reAlpha Mortgage's broader goals to strengthen its national infrastructure, support consistent onboarding practices, and enhance operational readiness as the division expands across licensed markets [5].

Core Viewpoint - reAlpha Tech Corp. has announced a definitive agreement to acquire InstaMortgage Inc., aiming to enhance its mortgage brokerage operations by adding direct mortgage lending capabilities and expanding into new markets [1][2]. Group 1: Acquisition Details - The acquisition is expected to close in the first half of 2026, pending regulatory approval [1][5]. - reAlpha will acquire 100% of InstaMortgage's outstanding equity for approximately $8.5 million, which will be paid in a combination of cash and reAlpha common stock [4]. Group 2: Strategic Rationale - The acquisition will allow reAlpha to integrate brokerage and lending workflows, providing a more coordinated experience for borrowers throughout the mortgage process [2][4]. - InstaMortgage has a strong presence in 32 states and has facilitated over $4 billion in residential mortgage financing in the past five years, which will help reAlpha expand its footprint [3][4]. Group 3: Company Background - InstaMortgage, founded in 2008, specializes in purchase and refinance loans and has been recognized as one of America's Fastest-Growing Companies by the Financial Times [3][6]. - reAlpha Tech Corp. is focused on transforming the U.S. real estate services market through an AI-powered platform that integrates brokerage, mortgage, and title services [8].