Slide 1: Reimagining the Path to Homeownership with AI-driven Innovation
Reimagining the Path to Homeownership with AI - driven innovation November 2025 Corporate Presentation NASDAQ: AIRE
Slide 2: Disclaimers
Disclaimers This presentation is made solely for information purposes and no representation or warranty, express or implied, is made by reAlpha Tech Corp . (reAlpha,” “we,” “us,” “our,” and, together with our subsidiaries, the “Company”) or any of its representatives as to the information contained
Slide 3: Executive Summary
Executive Summary reAlpha is building a next - generation, vertically integrated real estate technology company that leverages AI to streamline and monetize the full home buying and selling journey 3 Full - Stack Revenue Model By unifying Realty, Mortgage, and Title services into a single platform,
Slide 4: Investment Highlights
Investment Highlights Massive $3 Trillion+ Market, Purpose - Built for the Modern Homebuyer reAlpha is targeting the multi - trillion - dollar 1 opportunity across real estate, mortgage, and title with a tech - first model designed for scalability, efficiency, and cross - vertical revenue generation
Slide 5: $3.2 Trillion U.S. Real Estate Market Represents Significant Opportunity
$3.2 Trillion U.S. Real Estate Market Represents Significant Opportunity 5 U.S. Housing Market ~$80B Total Commissions Paid (2024) U.S. Housing Market data sourced from Redfin and Yahoo Finance [4.1] $1.5T Total Home Transactions Value ~$18B Total Mortgage Broker Commissions $1.7T Total Value of Mor
Slide 6: Homebuying Today: Costly, Complex, and Fragmented
Homebuying Today: Costly, Complex, and Fragmented Many Costs and a Complex Process Numerous Fees are Standard • Consumers aren't financially rewarded when using standalone services in the homebuying process and pay a fee for each service • Buyers often assume commissions are paid by the seller, but
Slide 7: Analogous Industries Disrupted by Tech-Driven Innovations
SECURITIES BROKER Order routing, data subscriptions and bid/ask spreads $118.8B ADVERTISING Algorithm - driven personalized advertising $3.5T TRAVEL Merchant model, bundling trips and trip insurance $32.9B Analogous Industries Disrupted by Tech - Driven Innovations Industry Company New Revenue Model
Slide 8: reAlpha: Reimagining the Path to Homeownership
reAlpha: Reimagining the Path to Homeownership A Unified Platform Powered by AI and backed by Human Expertise 8 AI Automation Data Science + Human Expertise Consumer - Aligned Pricing Model “Commission rebate at closing” approach rewards homebuyers who use multiple services on the reAlpha platform .
Slide 9: End-to-End Homebuying Platform Unifies Key Services
End - to - End Homebuying Platform Unifies Key Services 9 Mortgage Realty Title & Closing As of November 10, 2025, reAlpha is licensed to provide mortgage brokerage services in 31 states. All three services (Realty, Mortgage, and Title) are currently only available in Florida; however, two out of th
Slide 10: The End-to-End Real Estate Super App
The End - to - End Real Estate Super App 10 transactions AI agent on standby 24/7 to answer questions, educate home buyers, and ensure smooth Mortgage built - in so home buyers can move from offer to closing seamlessly BL Licensed agents provide expert support on a no - obligation basis Rebate at cl
Slide 11: Commission Rebate Program Makes Homebuying More Affordable and Accessible
Commission Rebate Program Makes Homebuying More Affordable and Accessible 11 75% of Buyer’s Agent Commission Realty + Mortgage + Title 50% of Buyer’s Agent Commission 25% of Buyer’s Agent Commission Commission Rebate at Closing Not using reAlpha Realty only Realty + Mortgage No Commission Rebate to
Slide 12: A Homeownership Success Story Utilizing reAlpha's Full Service Platform
12 A Homeownership Success Story Utilizing reAlpha’s Full Service Platform Verified Customer $860K Quadplex in Melbourne, FL <$11K cash - to - close 40 - day close | VA Loan • Leveraged reAlpha’s commission rebate and VA benefits to reduce upfront costs • Managed transaction through reAlpha’s platfo
Slide 13: Mortgage Division Delivering Strong Growth and High Customer Satisfaction
Mortgage Division Delivering Strong Growth and High Customer Satisfaction 13 23% 8% 11% 58% Conventional VA FHA Other $623MM Total Loan Volume 1,888 Total Loans Closed $330K Avg Loan Amount 4.9/5 Google Reviews Loan Types Formerly Be My Neighbor Mortgage. Data reflects activity from 2022 to Septembe
Slide 14: Delivering Comprehensive Title Services
Delivering Comprehensive Title Services Client - Focused and Technology - Driven Delivers comprehensive, digital title services to meet the dynamic needs of reAlpha homebuyers Reliable and Secure By collaborating with underwriters, reAlpha offers customers protection against title defects . Security
Slide 15: Innovative Revenue Model Unlocks Value Across the Homebuying Journey
Innovative Revenue Model Unlocks Value Across the Homebuying Journey reAlpha generates revenue from closing costs and services beyond the home purchase [15.1] 15 1 Estimated customer revenue for realty services is based on the following assumptions: $446,000 median house price (as of June 2025; Redf
Slide 16: Strategic License Expansion will Open New Markets and Drive Scale
16 Geographic Footprint Expansion • reAlpha’s goal is to continue expanding to additional states and add Realty and Mortgage licenses to the portfolio Service Expansion • Increase services where reAlpha does not have a full suite of homebuying services in place • Attract service partners to reAlpha’
Slide 17: Multi-Channel Go-to-Market Strategy Fuels Lead Acquisition
17 Multi - Channel Go - to - Market Strategy Fuels Lead Acquisition through Realty and Mortgage 1 Brand investment enabled through Mecurius Media Capital LP media - for - equity investment 2 In states where multiple services are available, such as Florida, Georgia, and Texas Newly redesigned, integr
Slide 18: Momentum Accelerating Across the Business
Momentum Accelerating Across the Business 18 Launched internal AI Loan Officer Assistant Phase 2 Upgraded assistant to now include automated document classification and validation Improved Balance Sheet & Nasdaq Compliance Raised $7.5M in equity offerings; repaid secured debt in full; regained compl
Slide 19: Financial Highlights Q3 2025 Results
Financial Highlights 19 Q3 2025 RESULTS 1 YoY represents a comparison against the same period in the prior year (Q3 ‘24 vs Q3 ‘25) REVENUE $1,445K 326% YoY GROSS PROFIT $750K 229% YoY ADJUSTED EBITDA ($2,208K) (76%) YoY GROSS PROFIT MARGIN 52% (15ppt) YoY 1 Results for the periods presented include
Slide 20: Strategic Roadmap to Drive Growth and Operational Excellence
Expand Service Offerings • Accelerate state licensing expansion across Realty, Mortgage, and Title • Build out correspondent lending to improve mortgage funding options • Continue strategic acquisitions of service companies Strategic Roadmap to Drive Growth and Operational Excellence 20 Increase Fun
Slide 21: Contact and Locations
NASDAQ: AIRE Phone +1 707 - 732 - 5742 ext 2 Email InvestorRelations@realpha.com Locations Corporate: Mortgage: Realty: 6515 Longshore Loop, Suite 100, Dublin, OH 43017 525 Washington Blvd, Suite 300, Jersey City, NJ 07310 305 W Woodard St, Suite 220, Denison, TX 75020 1560 Sawgrass Corporate Parkwa
Slide 22: Endnotes
Endnotes 22 Notes to Page 4 – Investment Highlights and Page 5 – $3.2 Trillion U.S. Real Estate Market Represents Significant Opportunity [4.1] Redfin Data Center. "Monthly Housing Market Data from January 2024 - December 2024." Redfin, [URL: https://www.redfin.com/news/data - center/ ]. Based on th
Slide 23: Non-U.S. GAAP Reconciliation
Non - U.S. GAAP Reconciliation The following table provides a reconciliation of net income to Adjusted EBITDA for the periods presented in this presentation: 23 (1) Represents amortization of all debt issuance costs and original issue discount due to the repayment of the secured promissory note issu
Slide 24: Completed Acquisitions and Planned Acquisitions
Completed Acquisitions Planned Acquisitions Mortgage brokerage services in 31 states; formerly known as Be My Neighbor AI - powered chatbot in 270+ languages Title insurance and settlement services in 3 states (controlling interest) In - house AI development studio Showings Mortgage Post - closing S
Slide 25: Leadership Team
Jamie Cavanaugh CEO, reAlpha Mortgage Jamie is a seasoned mortgage executive with expertise leading strategy, growth, and operations. She has held senior roles at Amerifund Home Loans, Prospect Mortgage, and Bank of America. She is a licensed California Real Estate Broker and has been a Mortgage Loa
Slide 26: Board of Directors
Monaz Karkaria Director • Seasoned real estate executive • Real Estate Coach & Mentor • Buy Rehab Rent Refinance (BRRRR) strategist Balaji Swaminathan Audit Committee Chairman • Founder and CEO of SAIML Private Ltd • Former President of Westpac Banking Corp. • Former Vice Chairman and MD, Global Cor