AI Agents Poised to Dominate Home Search, Executives Say

Industry executives speaking at HousingWire’s AI Summit on Tuesday predicted that artificial intelligence agents will not only continue to assume tasks currently performed by real estate agents, loan officers, and other housing professionals but will eventually dominate the entire home discovery process. Dan Snyder, CEO of Lower, and Chris Rediger, CEO of HouseCanary, discussed the evolving role of AI within their respective companies during a panel moderated by HW Media President Diego Sanchez. Both Snyder and Rediger agreed that AI is likely to amplify the productivity of top-performing professionals while simultaneously reducing the demand for roles that involve more manual labor.

Snyder offered a direct prediction: consumers will eventually instruct an AI agent to find a home based on their specific goals and preferences. He elaborated that Lower is actively constructing an end-to-end homebuying platform through strategic acquisitions, including the real estate portal Movoto and the mortgage technology company Neat Labs. The overarching objective of this initiative is to seamlessly connect the consumer's journey from the initial home search through the financing and closing stages. Snyder emphasized that AI is accelerating this development, enabling companies to create and deploy technology at a faster pace while also decreasing their reliance on third-party software solutions. He further anticipates that consumers will increasingly leverage AI agents for conducting home searches, comparing available options, and ultimately scheduling property viewings and securing financing, drawing a parallel between future reliance on AI and current practices like mobile banking or consulting with a trusted advisor.

Rediger echoed similar sentiments, forecasting that AI could empower consumers to identify real estate agents based on highly specific criteria, such as an agent’s documented transaction history and their demonstrated negotiating performance. He highlighted HouseCanary’s ongoing partnership with Google as an early indicator of this transition from a mere tool to a more advisory capacity. This collaboration, currently in a national pilot phase, involves both companies working together to display home listings directly within Google search results. Rediger informed the audience that more than 10,000 real estate agents are presently on a waitlist to have their listings and professional profiles integrated into this system. The discussion also touched upon the potential for AI agents to replace traditional real estate portals, suggesting a significant shift in how consumers engage with the property market.