RealPact automates real estate transactions with AI agents that pull MLS, deed, tax, and property data into contracts. It describes a workflow that drafts, reviews, and sends documents in minutes, while also positioning the product as an AI operating system for brokerages. The company reports contract handling time reductions of 70 percent, with about 25 minutes saved per contract and roughly 165 hours saved annually.
RealPact specializes in automating real estate transactions through a suite of AI-driven products. Their main offerings include:
Deed Agent: This tool automates the retrieval and integration of deed data into contracts, ensuring accuracy and efficiency in document preparation.
Tax & Vision Agent: This agent pulls tax and property data, providing brokers with essential information to facilitate transactions and enhance decision-making.
Property Agent: It aggregates property data, streamlining the process of contract creation by ensuring all relevant information is readily available.
Transaction Agent: This product manages the entire transaction workflow, from drafting to reviewing and sending documents, significantly reducing the time required for these tasks.
Automatic Data Fetching: RealPact's technology automatically gathers necessary data from multiple sources, including MLS, deed, and tax records, which minimizes manual input and potential errors.
Smart Do: This feature enhances the user experience by simplifying the document management process, allowing for quick edits and updates.
Key Features and Benefits:
Overall, RealPact positions itself as an AI operating system for brokerages, aiming to streamline real estate transactions and improve operational efficiency.