reAlpha Tech (NASDAQ: AIRE) stock rockets 20% in intraday trading Thursday following the debut of its innovative AI tool, Claire.
reAlpha Tech (AIRE) recently announced the launch of Claire, a groundbreaking addition to the real estate industry as the first generative AI-powered, zero-commission Smart Buyer’s Agent.
According to the company, Claire utilizes advanced generative AI technology to match buyers with their ideal homes, leveraging over 400 data attributes to provide personalized recommendations. Beyond mere property suggestions, Claire offers comprehensive insights into market trends and property values, empowering buyers with valuable information to make informed decisions.
The capabilities of Claire extend far beyond simple matchmaking. The AI-powered agent assists buyers throughout the entire homebuying journey, from initial property search to closing the deal. It handles inquiries, schedules property tours, facilitates offer submissions, and conducts negotiations, providing invaluable support at every step.
However, Claire’s current availability is limited for buyers in Palm Beach, Miami-Dade, and Broward Counties in Florida. Nevertheless, reAlpha Tech aims to expand its reach to serve a broader customer base.
Mike Logozzo, President and Chief Operating Officer of reAlpha Tech, expressed the company’s vision behind Claire’s development, stating,
“Our goal when creating Claire was simple: to completely reinvent the homebuying process through the use of AI to help homebuyers find their dream home, at a great price, with the best experience.”
reAlpha Tech (NASDAQ: AIRE) Stock Reaction
At the time of this report, AIRE stock stands at $1.39, indicating a 19.83% increase from the previous trading session. This week, it has surged in value by 94.46%. Trading activity has seen 52,111,256 (52.11 million) shares change hands, significantly higher than the average daily volume of 2.51 million.
Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.
