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.