Buying a home is still for many one of life’s biggest milestones, and at times it can also feel like one of the most challenging for new buyers. Between paperwork, coordination, and compliance checks, the finish line can feel stuck in the past.
Now, artificial intelligence is stepping in to help.
Propy, a Miami-based real estate technology company, is rolling out a $100 million national expansion to modernize how Americans close on homes. At the center of the effort is Agent Avery, an AI-powered escrow officer that can guide buyers, sellers, and agents through the final steps of a real estate deal faster, more securely, and around the clock.
A Digital Boost for the American Homebuyer
Nearly every step of the home-buying journey has gone digital, from browsing listings to getting mortgage pre-approval. Yet the closing process — where contracts are finalized and funds are transferred — has remained largely manual. Propy’s CEO Natalia Karayaneva believes that’s the next frontier for innovation.
“Real estate has had every kind of digital upgrade except the one that matters most: how deals actually close,” said Karayaneva. “By automating the closing process, we’re bringing real estate up to speed with the rest of the modern economy.”
Propy’s model is simple: acquire strong regional title firms and upgrade them with AI and blockchain infrastructure. These local offices already know their communities; Propy offers digital tools that may help brokerages and agents expand their operations more efficiently across multiple states, supporting workflow consistency and potentially offering a tech-driven edge in competitive markets.
Meet Agent Avery: The 24/7 Real Estate AI Assistant
Agent Avery is trained on thousands of real estate transactions and built to handle the time-consuming tasks that slow down closings, from managing contracts and compliance to facilitating wire transfers. It’s compliant with RESPA regulations, works seamlessly with traditional banks and crypto payments, and is always available.
According to the company, early pilot programs with Avery have shown indications of faster closing timelines and improved margins for some participating title firms, contributing to a smoother and more transparent experience for buyers and agents involved.
For homebuyers, that means fewer delays, fewer surprises, and the future possibility of closing on a home in days instead of weeks.
Making Homeownership Smarter, Faster, and More Accessible
The idea of AI managing a home sale might sound futuristic, but it taps into a national trend. Morgan Stanley estimates that AI could automate more than a third of real-estate tasks by 2030. If that holds true, closing on a home could soon resemble opening a bank account: secure, digital, and nearly instant.
Propy’s expansion is attracting high-level support from policy and finance leaders. Propy’s mission goes beyond convenience. By cutting the cost and complexity of closings, the company hopes to expand access to homeownership, reduce fraud, and help smaller regional title firms compete with national giants. For homebuyers, that could mean less waiting, fewer surprises, and a smoother path to getting the keys in hand.
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