"We're building the infrastructure layer that allows real estate to operate on par with modern financial markets AI-enabled and more liquid, said Natalia Karayaneva, founder and CEO of Propy. Multi-agent orchestration will allow transactions to become so smooth and cheap that the new generation will be buying homes anytime they change a city. Instead of 47 million homes sold every year, we believe we'll witness 20 million homes changing hands."
"The company has launched an AI agent that performs functions traditionally handled by escrow officers, including monitoring emails, opening transactions 24/7, checking bank accounts and communicating with lenders and homeowners' associations. We are pleased to support Propy as it brings much-needed efficiency and transparency to residential real estate transactions, said Paul Lisiak, managing partner and chief investment officer of Metropolitan."
"Propy has seen strong inbound M&A interest for its roll-up strategy completing a second $5 million acquisition and entering a letter of intent for a third $6 million deal in recent weeks, with roughly $75 million in its active pipeline. Propy said it plans to acquire firms generating $5 million to $20 million in annual revenue across California, Texas, Tennessee and other states retaining local teams while using automation to increase volume and expand margins."
Propy builds an infrastructure layer to make real estate AI-enabled and more liquid, operating on par with modern financial markets. Multi-agent orchestration aims to make transactions smooth and cheap, projecting about 20 million homes changing hands annually rather than 47 million. Propy launched an AI agent that performs escrow functions including monitoring emails, opening transactions 24/7, checking bank accounts and communicating with lenders and homeowners' associations. Propy pursues a roll-up M&A strategy with about $75 million in active pipeline, targeting firms with $5–$20 million revenue while retaining local teams. Automated workflows will cut manual workloads by up to 70% and blockchain will provide auditability and settlement security. Since 2021 Propy has processed over $5 billion in transactions with volume roughly doubling year-over-year.
Read at www.housingwire.com
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