Revolutionizing Real Estate Transactions Using AI on AWS with Rexera
Rexera revolutionizes real estate by automating the manual, error-prone closing workflows in real estate transactions, minimizing human involvement so that real estate professionals can speed up transactions, reduce friction, and lower costs.
Key results
5 million
pages processed each month99%
decrease in manual document review workloads4 hours
saved in each transaction25%
less operational costs for Rexera customersOverview
When the founders of Rexera first encountered the laborious manual workflows that are involved in residential real estate transactions, they were shocked at how inefficient the industry was. At the time, they were working at a successful hedge fund with a highly automated back office that used machine learning and statistics to manage billions of dollars in investments. “We could launch a 3-billion-dollar fund on Wall Street in a few days, but to buy a one-bedroom apartment, it took 8 weeks,” says Vishrut Malhotra, CEO and cofounder of Rexera. “If someone could bring the automated workflows that we were used to into the real estate industry, it would be transformational.”
So in 2020, they created Rexera to do just that. Rexera uses Amazon Web Services (AWS) to help real estate professionals close more deals quickly, reduce errors, and increase operational efficiency by up to 70% percent. Using AWS, Rexera processes 5 million pages of real estate documents and facilitates over 5,000 transactions each month, and the first workflow that Rexera developed is now used in 1 percent of all US residential real estate transactions.

About Rexera
Rexera revolutionizes real estate by automating the manual, error-prone closing workflows in real estate transactions, minimizing human involvement so that real estate professionals can speed up transactions, reduce friction, and lower costs.

Using Amazon Bedrock, we can process complex data types, deliver fast results, and improve overall output.
Vishrut Malhotra
CEO and Cofounder, RexeraDid you find what you were looking for today?
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