T
he real estate industry is witnessing a surge in innovation, with tech companies pushing the boundaries of what's possible. Here are some recent developments that highlight the growing importance of technology in this space.

    reAlpha, a homebuying startup, has launched its AI-powered platform in Texas, marking a significant step towards national expansion. The company aims to simplify the buying process by integrating brokerage, mortgage, and title services, while also offering consumers a 50% buyer's commission rebate. reAlpha's tools, including property search and document review, are now available through a company-affiliated brokerage in Texas.

    Shilo, an AI startup, has secured $2.6 million in seed funding to grow its virtual assistant for top-producing real estate agents. The platform helps manage workflows, client interactions, and task automation, positioning itself as the "AI teammate" every elite agent will use daily. With this funding, Shilo plans to scale into additional U.S. markets.

    Zillow Rentals is partnering with EliseAI to create a chatbot called AI Assist, designed to help renters get answers and schedule tours on multifamily listings 24/7. This partnership aims to reduce the back-and-forth for leasing teams and empower renters to connect with properties at their convenience. The product is expected to roll out later this year.