Radius launches AI assistant to streamline brokerage operations

Radius — a brokerage platform for real estate teams — has launched Mel AI, a built-in artificial intelligence (AI) assistant designed to support tasks across marketing, lead management, transaction oversight and compliance.

Mel AI is integrated throughout the Radius platform, which provides tools and infrastructure for managing real estate businesses.

AI is trained on MLS and compliance data, learning from real agents and transactions to provide support in managing deals and client engagement.

“This is the future of brokerages. Brokerages that fail to integrate AI into their core operations will not exist in five years,” said Biju Ashokan, founder and CEO of Radius. “Our partners get access to our end-to-end tool suite while maintaining complete ownership of their brand, business and data. Mel is essentially a supercharged secretary for every agent in a brokerage, anticipating and informing their next move.”

Mel provides brokerage owners with automated documentation and compliance monitoring, performance analytics and answers to agent questions.

For agents, the assistant handles lead qualification, scheduling, document generation, client communication and compliance monitoring.

The platform also assists clients by refining property search criteria — coordinating tours and delivering personalized market analyses as well as comparative market reports.

“Radius replaced the clunky, bolt-on systems I was struggling with by giving my team everything in one powerful platform,” said Cyrus Mohseni, founder of The Keystone Team and a Radius partner. “My admin team loves that transactions are frictionless, and my agents love that payouts are instantaneous. The tech has completely streamlined our operations.”

Radius currently supports more than 200 real estate teams and has backing from investors including Trulia founder Pete Flint, Zillow co-founder Spencer Rascoff, Gokul Rajaram, Cota Capital, Sierra Ventures, Crosscut Ventures and Atlantic Vantage Point.