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News Release Vancouver, BC

RESAAS Integrates AI into Commercial Data Exchange Platform, Streamlining Data Integration for Brokerages and Landlords

October 23, 2024 – Vancouver, British Columbia, Canada – RESAAS Services Inc. (“RESAAS”) (TSX-V: RSS, OTCQB: RSASF), a leading provider of technology solutions for the real estate industry, today announced a major upgrade to its recently launched Commercial Data Exchange platform (CODE), by integrating advanced AI capabilities specifically for the movement of Data.

This cutting-edge enhancement empowers Brokerages and Landlords to seamlessly integrate their own Data into RESAAS CODE.

The addition of AI to RESAAS CODE marks a pivotal step forward in the flow of Data between customers and RESAAS. By leveraging Artificial Intelligence, RESAAS CODE customers can now synchronize their Data in real-time in a “hands-free” manner. This eliminates manual processes, human-error, and barriers to entry.

“The range of technology systems used internally by leading Brokerages and Landlords varies extensively. Some are sophisticated and provide Data-feeds for integration with RESAAS CODE, while some still depend on legacy systems,” said RESAAS CEO, Tom Rossiter. “RESAAS has incorporated AI into our Commercial Data Exchange platform specifically to enable our new customers that have older infrastructure to efficiently and securely provide their Data to RESAAS. AI allows RESAAS to automate the Data ingestion process, eliminating barriers for onboarding and facilitating a real-time exchange of accurate Data.”

The integration of AI into RESAAS CODE marks a significant leap forward towards the Company’s vision of creating a fully self-serve Data platform. This capability will accelerate the rate of RESAAS CODE’s growth by enabling both Brokerages and Landlords to onboard their Data with reduced friction and minimal effort, whilst retaining full control over how their Data is distributed across RESAAS CODE.

RESAAS CODE securely receives, organizes, transforms and shares Data with Brokerage customers. Brokerage and Landlord customers subscribe on an annual basis to access RESAAS CODE, generating monthly recurring revenue.

About RESAAS Services Inc.

RESAAS Services Inc. (TSX-V: RSS, OTCQB: RSASF) is a global real estate technology data platform connecting over 700,000 real estate professionals across 160 countries. RESAAS provides unique real estate data, international referral networks, enterprise data exchange infrastructure, and purpose-built payment rails for real estate referral fee settlement. For more information, visit corporate.resaas.com.

Forward-Looking Statements: This news release contains forward-looking statements. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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