AISoftwareStartups

AI Escrow Officer “Agent Avery” Aims to Transform Real Estate Transactions

Propy has unveiled Agent Avery, an AI escrow officer designed to automate the entire real estate closing process. The company reportedly plans to acquire title firms nationwide and retrofit them with blockchain and AI technology, potentially revolutionizing how properties change hands.

AI Enters Real Estate Closing Process

In what analysts suggest could be a transformative moment for property transactions, Propy has launched what it describes as the first AI escrow officer capable of managing real estate closings. According to reports, the company is backing this innovation with a $100 million expansion plan targeting the fragmented U.S. title industry.

PolicyTelecom

California Enforces Broadband Choice Law Allowing Renters to Opt Out of Mandatory ISP Fees

California has enacted legislation requiring landlords to permit tenants to opt out of mandatory ISP bulk billing arrangements. The law aims to increase broadband competition in multi-unit buildings despite opposition from cable and real estate industries. Implementation begins January 1 with potential rent deduction rights for non-compliance.

New California Law Mandates Broadband Choice for Renters

California has implemented groundbreaking legislation that requires landlords to allow tenants to opt out of mandatory Internet service provider arrangements, according to reports from the state legislature. Governor Gavin Newsom signed the bill into law despite significant opposition from cable and real estate industry groups, with the measure scheduled to take effect January 1. The legislation aims to increase broadband competition in apartment buildings by giving residents more control over their Internet service choices.