Realpha Tech Corp. · NASDAQ:AIRE
Realpha Tech — Investor Presentation (July 2024)
25 slides from Realpha Tech's investor presentation, Jul 17, 2024
Slide 1: reAlpha Corporate Presentation July 2024
reAlpha Corporate Presentation JULY 2024
Slide 2: Table of Contents
Table of Contents 2 Company Highlights reAlpha Overview Accretive Acquisition - led Growth Leadership and Board 4 5 17 21
Slide 3: Disclaimers
Disclaimers 3 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 contain
Slide 4: Company Highlights
Company Highlights 4 ( 1) Statista Developed a commission - free AI agent to guide homebuyers through the entire process of buying a home Monetizing ancillary services in the residential real estate space (i.e. mortgage, title, insurance) Vertical programmatic acquisitions led growth in the real est
Slide 5: reAlpha Overview
reAlpha Overview
Slide 6: Our Vision: Be the global leader in real estate technology
Our Vision: Be the global leader in real estate technology. 6
Slide 7: Our Mission
Our Mission Mission: Accelerate the real estate industry’s transition to the digital era. 7
Slide 8: Black Swan Event - NAR Lawsuit Settlement
Black Swan Event - NAR Lawsuit Settlement [1] [2] [3] The Case Class - action lawsuit settlement against the National Association of Realtors (NAR) alleged that NAR rules violate antitrust laws and consequently inflate the fees paid to buy - side agents . Jury's verdict found that NAR and the system
Slide 9: Previously Commission Driven Industries
Previously Commission Driven Industries Securities Tradin g Travel Advertisin g Tech Disruptor: Tech Disruptor: Tech Disruptor: New Revenue Model: Order routing, data subscriptions and bid/ask spreads New Revenue Model: Merchant model, bundling trips, and trip insurance New Revenue Model: Algorithmi
Slide 10: Real Estate is Being Disrupted...
3% Buy - Side 3% Sell - Side Real estate commissions were established 111 y ears ago . [1] Instead of decreasing over time, standard commissions have INCREASED to 6% 12 Real Estate is Being Disrupted... 10 [2] We believe the NAR settlement will rapidly disrupt the traditional commission system . [3]
Slide 11: NAR Lawsuit Effects on Transactions
NAR Lawsuit Effects on Transactions 3% Sell - Side Commissions 1.50 - 2.25% Sell - Side Commissions [3] 3% Buy - Side Commissions 1.20 - 2.47% Closing Costs 1.20 - 2.47% Closing Costs 1.50 - 2.25% Buy - Side Commissions [3] [1][2] Current Cost to Close (% of Purchase Price) Paid by Seller Paid by Se
Slide 12: Introducing Claire, reAlpha's AI Buy-Side Agent
Introducing Claire, reAlpha’s AI Buy - Side Agent In accordance with our NASDAQ ticker AIRE, we have named our product as: CLAIRE C ommission - l ess A rtificial I ntelligence for R eal E state Claire enables homebuyers to buy homes: 1. Through an AI - driven user experience available 24/7; 2. Compl
Slide 13: reAlpha Covers the Entire Transaction Process
Budget Calculator 4) Get Accepted reAlpha Covers the Entire Transaction Process 3) Make an Offer 1) Understand your Budget 2) Find your Dream Home 5) Get House Inspected 6) Start Loan Process 8) Close the Deal 7) Get Clearance to Close 9) Move in AI Search & Recommendations Contract Builder AI Negot
Slide 14: Claire Features & Functionality
Claire Features & Functionality 14 Personalized Experience AI - powered matching Simplified shortlisting
Slide 15: Claire Features & Functionality
Claire Features & Functionality 15 24/7 available AI real estate agent Homebuying guidance One unified dashboard
Slide 16: reAlpha Revenue Model
1.20 - 2.47% Closing Costs reAlpha Revenue Model With Claire, users pay 0% buy - side commission. Instead, we will generate revenue from closing costs and services beyond the transaction. Potential revenue sources include: 1. Mortgage brokering - helping homebuyers find a mortgage that fits their un
Slide 17: Accretive Acquisition-Led Growth
Accretive Acquisition - Led Growth
Slide 18: Real Estate Process - Build vs. Acquire
Our Problem in Matrix Real Estate Process - Build vs. Acquire Acquire Build Build Acquire Acquire Front - End Search Form Contracts/Offers Inspections Title/Closing Insurance Services 18 Build Build Partner Acquire Acquire Lead Generation Showings Negotiations Mortgage Brokerage Back Office Service
Slide 19: Completed Acquisitions
Our Problem in Matrix RESIDENTIAL Completed Acquisitions Acquired: March 24, 2023 Status: Post - acquisition integration Description: Rhove developed platform for real estate investment by retail and a SEC - qualified syndication institutional investors through exempted offerings, which is currently
Slide 20: Acquisitions In Progress
Our Problem in Matrix RESIDENTIAL Acquisitions In Progress Acquired: July 12, 2024 Status: Closing Description: AiChat is an award winning, revenue generating, Singapore - based company that develops AI - powered conversational customer experience solutions . AiChat provides enterprise customers wit
Slide 21: Leadership Team
Leadership Team
Slide 22: Leadership Team
Leadership Team 22 *All product names, logos, and brands are property of their respective owners. Giri Devanur CEO Ramesh Pathak CEO Kester Poh CEO Mike Logozzo President, COO & Interim CFO Saramsha Dotel CTO Dave Chuang CPO Jorge Aldecoa CPO Barun Pandey CMO Valerie Cheng VP Sales & Marketing Entre
Slide 23: Board of Directors
Brian Cole Compensation Committee Chairman Managing Director, Baird Investment Bank Former Manager, PWC MBA, Kelly School of Business Monaz Karkaria Director Seasoned real estate executive Real Estate Coach & Mentor Buy Rehab Rent Refinance (BRRRR) strategist Bala Swaminathan Audit Committee Chairma
Slide 24: Company Highlights
Company Highlights 24 ( 1) Statista Developed a commission - free AI agent to guide homebuyers through the entire process of buying a home Monetizing ancillary services in the residential real estate space (i.e. mortgage, title, insurance) Vertical programmatic acquisitions led growth in the real es
Slide 25: Thank You
Thank You. Phone +1 - 707 - 732 - 5742 Email InvestorRelations@realpha.com Locations 6515 Longshore Loop, Suite 100 Dublin, OH 43017 525 Washington Blvd 300, Jersey City, NJ 7310 3350 SW 148th Ave Suite 110, Miramar, FL 33027