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Business Profile

Real Estate Investing

ReAlpha Asset Management, Inc.

Reviews

Customer Review Ratings

2.67/5 stars

Average of 3 Customer Reviews

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Review Details

  • Review fromLauren K

    Date: 11/01/2023

    1 star

    Lauren K

    Date: 11/01/2023

    How does ReAlpha have an accredited A rating with 4 negative reviews, only 1 positive review, and 2/5 stars?? My journey has been that I did my homework on ReAlpha and painted to multiple sales pitches that convinced me and my husband to invest substantially in 2022 with the promise that they would be creating a secondary platform for trading our shares and purchasing lots of properties to add to their portfolio.
    We had no communication from them for 6+ months.
    They never created that trading platform.
    They only bought 1 property and removed the offering quickly anyway.
    Then a few days ago we got notified that it became public and sent the transfer forms so we could get our shares into our own brokerage account which would take a few days, and for me it has taken a week and counting because I name changed due to marriage which has caused a whole additional layer to this lengthy transfer process.
    We paid $10/share to ReAlpha. The first day on the market AIRE reached $400ish, then dropped to $190, and swiftly plummeted to $16 where it is now. It’s dropping a few dollars a day so by the time ReAlpha and VStock allow me to transfer the funds it will be below the $10 that I paid which is infuriating since I started this process when it was $190/share.

    ReAlpha Asset Management, Inc.

    Date: 12/04/2023

    Dear Ms. Katz,

    reAlpha went public via a direct listing on Nasdaq rather than a traditional IPO, which makes the process a little different. And, because the company has been restricted from issuing certain communications while applying to list on Nasdaq, we limited our communications to investors during this period.

    Further, given that the company’s registration statement for the direct listing was declared effective by the U.S. Securities and Exchange Commission after-market hours on Friday, October 20, our transfer agent provided instructions on Monday as that was the first day on which a stockholder could transfer shares to a brokerage account. The company also issued a separate communication to Regulation A investors, which included the press release issued to announce the listing to the public.

    With respect to your statements about the company's stock price, the company will not comment on its stock price.

    Our Investor Relations team has confirmed that they have been responsive to your emails to date. Please let them know if you have any other questions.

    Thank you for your interest in reAlpha.
  • Review fromJohn R

    Date: 07/14/2023

    2 stars
    Still apprehensive about Re-Alpha I made a substantial investment thinking this would take off but have not heard anything or earned any dividends, after initial investment in Re-Alpha you are asked to invest in the properties to own a percentage of the earnings. Only I property is being offered currently and they still have half way to go before having enough investors to pay for the property and start earning any small percentage you may receive. I own my own STR and finding it’s better to invest in yourself efforts to make anything.
  • Review fromEric H

    Date: 09/26/2022

    5 stars
    I doubled my money in a year with ReAlpha. There were some *** and downs but overall you can't argue with the numbers. I believe in the coming years this could be a great investment strategy!

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