What inspired you to launch Walt AI? Mike: The inspiration was more like deep pain, honestly. I was extremely frustrated seeing, buying, and using all these software products in real estate and mortgage that just weren't cutting it. I kept thinking... we can do better than this. We can build better! And that's what we're working toward at Walt AI.
How does Walt AI empower agents to build stronger relationships with clients? Mike: First, we understand that the best RE Professionals are not behind a desk. That's why Walt AI is pioneering a mobile-first, Relationship Intelligence Platform designed to help you turn your Contacts into Closings.
In only three clicks, you'll have your entire network enriched with valuable insights. We analyze thousands of data points and use predictive modeling to help you understand your contacts better, build genuine rapport, and know exactly who you should be talking to right now—instead of guessing and wasting time on mundane tasks.
Can you share more about the Propensity to Transact (PTT) model and its impact on lead prioritization? Mike: Our Propensity to Transact (PTT) Score is a really powerful tool! For each Contact, we analyze thousands of data points across public, private, and online sources to identify who's most likely to move in the next 2-6 months. This helps the real estate professional invest energy in the right relationships at the right time.
The score is just one piece of the puzzle. That's where our contact enrichment process comes in, giving you meaningful insights to build genuine rapport when you reach out. No more guesswork, just clear signals about which Contacts need your attention.
How has your personal journey shaped the mission and values of Walt AI? Mike: First, let me share that I’ve been in real estate, directly or indirectly, for two decades now. From SFRs and fix-and-flips to commercial acquisitions, brokerage, title, escrow, home insurance, and mortgage—I’ve done it all.
Second, I've spent years watching great Real Estate Professionals get held back by bad, legacy software. They're relationship builders at heart, drawn to this business to help others. But instead, they're stuck with data entry, mundane tasks, and guessing who to talk to next. It's honestly painful to watch. I knew we could do better.
According to a recent report, only about 30% of real estate professionals closed a transaction in 2024. That’s insane! We believe Walt AI can increase that number.
When it comes to how my personal experiences are shaping Walt AI’s vision, mission, and core values, it’s simple: never compromise on the purpose of the business. The moment you start to compromise is the moment you start to lose.
We’ve all heard the phrase, “growth at all cost.” I like to say, “growth at all cost… will cost you!” We’re doing things differently at Walt AI. We’re deeply committed to our customers, not just as users, but as people. We’re focused on building a product that delights them and that they cannot live without on a day in and day out basis.
What’s next for Walt AI as it continues to innovate in the real estate space? Mike: To continue to delight our customers. That is what’s next and it’s our number one priority. Sure, our product roadmap is long, but what really drives us is seeing a Real Estate Professional’s reaction when they start using Walt AI for the first time. When they see and feel the nearly instant and incredible impact we’re making to their business… Oh, that is a wonderful feeling!
I have a special offer for our readers!
Here’s a link to download the app. You’ll get a 60-day free trial. I would love for our readers to give Walt AI a spin!
Leading with Purpose Under Mike Peregrina’s leadership, Walt AI is more than a platform—it’s a movement to redefine how agents connect, grow, and succeed. By combining cutting-edge technology with deeply rooted values, Walt AI is not just transforming real estate; it’s changing lives, one relationship at a time. For agents aiming to thrive in today’s market, Walt AI is the ultimate partner in building connections that matter.