The Most Innovative Proptech Companies To Watch 2023

www.thetycoonmedia.com
Andres Korda
Co-Founder
& CEO
Energy-efficient Realestating

Note
Editor’s Note

Revolu onizing Real Estate:
Meet the Proptech Companies
Changing the Game in 2023
We are thrilled to present our latest
magazine issue featuring "The Most
Innova ve Proptech Companies To
Watch 2023". In this issue, we have scoured the
industry to iden fy the most exci ng and
transforma ve companies that are leading the way in
the proptech space.
Proptech, or property technology, has rapidly evolved
over the past few years, disrup ng tradi onal ways of
managing and inves ng in real estate. From virtual
property tours to automated property management,
proptech companies are leveraging the latest
technologies to bring greater efficiency, transparency,
and convenience to the real estate industry.
Our team has conducted extensive research and
analysis to bring you a comprehensive list of the top
proptech companies that are transforming the
industry. From virtual reality tools to cu ng-edge
powered property management so ware, these
companies are revolu onizing the way we think
about real estate.
The growth of the proptech industry is exci ng, and
we are thrilled to be able to showcase some of the
most innova ve companies in this space. However, it
is important to note that with new technology comes
new challenges. As more and more aspects of the real
estate industry become automated, we must ensure
that we do not lose sight of the importance of human
connec on and personalized service.
So we hope this issue inspires you to explore the
world of proptech and consider how technology can
enhance your experience as a buyer or seller. We also
hope that it encourages you to think cri cally about
the role of technology in the real estate industry and
the importance of balancing automa on with human
connec on.
Thank you for joining us on this journey, and we look
forward to con nuing to bring you the latest insights
and trends in the world of proptech.
Happy Reading !!!
However, these are just a few examples of the
innova ve proptech companies that are featured in
this issue. Each company has its unique approach to
using technology to improve the real estate industry,
and we believe they are all worth watching closely in
the coming years.

C o v e r S t o r y
08
Energy-efficient Realestating

C O N T E N T S
16
Kuink
Your Ideal Investment
Partner and
Reliable Lender
26
Big Block Realty
Creating A New
Environment For Agents In
The Real Estate Industry
34
Build Senior Living
Reinventing
senior Living
Articles
22
The Proptech Industry
Revolutionizing Real Estate
through Technology
30
Quiet Quitting And
Impact Employee
Engagement And Prots
42
Proptech
Industry Forecast

LISTINGS ORGANIZATION DESCRIPTION
Andres Korda
Avan Way Realty
Avan Way is a way of life for real estate agents. It offers a
unique and forward-looking culture founded on the
highest principles of innova on and collabora on that
allows agents to achieve new levels of efficiency and
provide unprecedented customer value for real estate
related transac ons and services.
Narinder Kha ore
Kuflink
Kuflink is a Peer to peer Pla orm Kuflink is also an FCA
Authorised and Regulated online Peer to Peer pla orm.
Sam Khorramian
&
Oliver Graf
Big Block Realty
Big Block Realty is the culmina on of technology,
opportunity and much needed industry change. We were
named the fastest growing real estate brokerage and
listed in the Top 50 on the Inc 500 list of fastest growing
private companies in America 3 years in a row!
Shahid Imran
Build Senior Living
Build Senior Living is a privately owned company that focuses
exclusively on the development and opera ons of premier
senior living housing.

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Andres Korda
Co-Founder & CEO
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Energy-efficient Realestating
The real estate industry has undergone a significant
digital transformation over the past decade. There is
a growing need for tech solutions in the real estate
industry, which stands to create new opportunities and
improve business processes. By leveraging cutting-edge
technologies, Avanti Way Group is creating new waves in
the real estate industry.
Avanti Way Group is a vertically integrated conglomerate
comprising investments, property management, asset
management, title, and brokerage services. As a fully
integrated business, the Group's affiliate companies, Avanti
Way Capital, Propfolio Management, Folio Title, and
Avanti Way Realty, along with its award-winning,
proprietary technology platforms, collaborate to offer
agents, customers, and investors unmatched tech-enabled
real estate solutions. It brings a fresh take on the entire real
estate ecosystem. By designing unique real estate
experiences that streamline execution through smart,
proprietary prop-tech and personalized advisory, Avanti
Way Group eliminates complexity for agents, customers,
and investors.
“All of our focused businesses have one thing in common:
deploy our own digital and data driven technology to
service stakeholders and bring together professionals and
customers to create an upgraded real estate experience,”
says Andres Korda (CEO of Avanti Way Group).
9

The most Innovative Proptech companies To Watch 2023
Meet The Mastermind Avanti Way
Group's Success
Andres Korda is Caracas, Venezuela
native who graduated from
Georgetown Business School and
holds an MBA from Babson College.
After a few years of working in the
corporate sector, he started as a small
real estate investor. While working, he
quickly discovered significant
inefficiencies, such as a lack of
teamwork and transparency. The
visionary leader then teamed up with
Enrique Teran (Co-founder), a real
estate professional with experience in
tech programming. And they dedicated
the rest of their lives to developing
solutions to transform the industry by
developing tech-enabled experiences
that make the work of real estate
professionals easier and improve their
value proposition by changing how
people consume real estate.
Recalling the past, Andres says,
“During the process, I first sold tens of
millions of dollars in real estate and
started developing training and
systems for real estate agents to boost
their value proposition and accelerate
their business. In the year 2009, after
the real estate financial crisis, we
identified an opportunity to allocate
investor funds into the Miami real
estate market to purchase portfolios of
rental income properties. After this, we
were able to begin developing tech and
an ecosystem to service these investors'
needs, maximize returns performance
and grow those portfolios through
flawless execution and extensive value
creation. As all companies grow, we
started to integrate everything and
unify the service offerings with the
same vision and back office approach
to create what we have to day as the
Avanti Way Group.”
Knowledge Acquired During the
Creation of Avanti Way Group
“When we started creating tech for real
estate in the early 2000's , there was
very little tech out there. So, our first
approach was to build tools for
efficiency and collaboration within the
transaction process. As time went by,
there was a boom in PropTech but
mostly coming from external
companies attempting to service either
the consumer, or the broker / agent
professional, without much innovation
coming from within. So, an industry
that first had limited tech became
overwhelmed with an immense number
of tools that don't interconnect, create
more confusion and complexity, and
with limited adoption,” says Andres.
As the industry and business evolved
and technologies were tested internally,
Andres and his team stopped listening
to what consumers and agents said they
wanted and instead focused on what
they truly needed. Professionals and
customers want technology that is
simple and easy to use, offers value,
and can be supported by their own
ecosystem. By developing their own
platforms, the visionary leader and his
team have complete control over how
it is applied, targeted, and
personalized. Additionally, they are
able to change quickly to meet the
needs of each market group and
continuously improve themselves
rather than attempting to produce
goods for other people.
Avanti Way Group has also realized
that big data plays an increasingly
important role in the real estate process
and that the data is available for
everyone. Still, only some are able to
integrate it in the micro-level is needed
for advisors to service their customers.
In order to assist users in making
informed decisions, the Group has
developed into a data-driven platform
that is simple to grasp and follows
them throughout their journey. Finally,
internal procedures, back-end
reporting, support, and training within
the Group must interact with the
technology so everyone uses it, data
points keep adding insights, and an
experience can be created.
Primal Challenges And Roadblocks
Being an entrepreneur is undoubtedly a
challenging task. The journey from
starting a business to expanding it and
www.avantiway.com
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maintaining its success comes with
various challenges. As an entrepreneur,
Andres also faced several challenges
while starting his business. These
challenges are: self-funding their entire
operation, finding and empowering the
right staff by placing them at the right
place in the bus, and timing of
implementing tech or systems that may
be ahead of their time and have
therefore been harder to adopt.
However, the visionary leader never
gave up. By staying true to his core
vision and values, he has been able to
fight those issues through and tweak or
pivot to succeed.
Diversify Offerings
“We call it “Energy-Efficient
Realestating”. More than using
technology as a tool, we implement it
to create an experience. There's a big
difference between Apple, Tesla or
Google and their competitors. Energy
Efficient Realestating works in a
platform where everything integrates
beautifully and seamlessly, with the
simplicity needed to gain full adoption
and empower support staff, advisors,
and customers to create unique value
to each other,” says Andres.
He further adds, “In the brokerage
sector, for example, our constant
mission is empowering real estate
agents through simplicity, big data,
professional development, and
leadership to deliver the true value
consumers need today. Our company is
creating new way for brokers & agents
to partner up and scale profitably
together in such a low margin world.”
Furthermore, property and asset
management is all about implementing
an ideocracy of eliminating the
complexities that come with
sophisticated real estate investments
and converting them into easy-tocomprehend
opportunities for clients
worldwide. His company, Avanti Way
Group, promises to add technology &
innovation to its entire process
constantly. The result is the creation of
a revolutionary product for real estate
owners and investors, including
advisory & management.
By enhancing the property
management process for owners,
tenants, and vendors, Andres and his
team have completely digitalized the
entire experience, providing edge and
transparency. Their financial approach
to real estate asset management gives
their customers the service and feel of
a multi-million-dollar fund, even with
one small property investment
Real Estate Agents Are The Pivtol
Point
According to Andres, the real estate
professional should be eliminated with
tech for many. Being an industry
player, he sincerely thinks that real
estate agents still are and always
should be at the center. However, the
type of specialization and service
professionals provide must be elevated,
and that's what the sublime
combination of tech with conciergelike
support and people can achieve.
Under his leadership, the Avanti Way
Group team ensures they can remain
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relevant and provide the right value to
today's consumers through their
ecosystem. Tech is expanding quickly
within the industry, but businesses
must innovate from within and use it to
develop distinctive consumer valuedriven
experiences rather than merely
allowing consumers and professionals
to use it as ancillary tools.
Major Achievements
The United States Congress has named
Avanti Way Group as one of the Top 50
Brokers in Florida. It was ranked as the
second company for bringing on new
agents in 2022 and the third fastestgrowing
company in South Florida.
Additionally, the Miami Association of
Realtors recognized the Group as
Broker of the Year in 2022. Over 1,500
agents work for Avanti Way Group,
which has sold more than $5 billion
worth of real estate and opened 14 new
locations around Florida. In 2016, it
was a finalist for the Inman Innovators
Awards. In recent years, its agents have
donated more than 25 homes to
underserved areas in Latin America
due to their partnership with TECHO.
Avanti Way Group has a real estate
property and asset management with a
portfolio currently valued at around $1
Billion. In addition, through the
investment arm, the Group has joined
forces with seasoned developers since
2018 to out together, raise funds, and
serve as General Partners in
construction development syndicated
projects in the Tampa, Orlando, and
Palm Beach markets, varying from
townhomes, condos, and rental
buildings.
Andres and his business partner
Enrique Teran received the Real Estate
Leaders and Achievers Award as
Residential Broker a few years ago.
The Greater Miami Chamber of
Commerce bestows this honor, which
highlights the real estate industry and
those who have excelled in their
vocations while serving as community
leaders. Andres was named one of the
“40 under 40” by the South Florida
Business Journal and one of the
“Power Leaders” of South Florida, a
list that honors the most significant
business leaders from the public and
private sectors in the area.
Avanti Way Group's leadership has
been part of the lineup of speakers at
several conferences worldwide and
occupies leadership positions at the
board level, contributing to the
industry and its market as big
community players. Avanti Way
Group's co-founder, Enrique Teran,
served as the 2022 Residential
President for the Miami Board of
Realtors. The Group's title and escrow
company, Folio Title, received the
honors of Presidents Circle by The
Fund for being in the top 25 in Florida.
Key Milestones
In the last 24 months, Avanti Way
Group expanded its operations to other
12

Andres with Enrique Teran
(President Residential Board 2022 Miami Association of Realtors)
Florida markets, and plans to
consolidate its positions in those
markets. It recently upgraded its
Commercial brokerage side of the
business this year and has the goal to
begin implementing some new tech
servicing commercial agents.
Furthermore, its capital arm intends to
continue purchasing assets in order to
diversify its portfolio when the market
provides investment possibilities this
year. The Group is also developing
powerful tech for the Title side to solve
key industry communication
challenges between agents, customers,
and title processors.
“I see myself continuing to co-lead this
organization as we expand to new
markets inside and outside Florida on
the different fronts, and as we continue
to innovate and defy the norm to what's
possible within the real estate business
value chain, always putting people first
and only using tech to enhance their
experiences,” says Andres.
Source of Motivation
When asked to share his source of
motivation, Andres replied, “People
are the heart of any business, and we
are blessed to now be surrounded by
great people that drive our vision
forward with patience and
perseverance. As far as motivation
goes, it is all about helping others and
improving the world we live in. Real
estate is such an important part of
everyone's life, and it is a blessing to
be able to be at the center of this
beautiful industry serving not only real
estate consumers or investors, but also
a community of wonderful real estate
professionals.”
Words of Wisdom
Being a key industry player and
veteran professional, Andres advises,
“For those entering the industry,
welcome… this is the most wonderful
industry in the world, and things never
get boring. Also, find your calling and
focus because there are too many
avenues and ways to interact or
participate within this industry. So, it is
critical to keep your focus and
specialize with a clear vision of the
problem you are trying to solve and the
target audience you serve. For
entrepreneurs, surround yourself with
not just good but great people that
complement your skillset. Also, have
mentors close to you, and be obsessed
with creating and maximizing value.
Finally, welcome change and
disruption, as that's where
opportunities ate born.”
13

Narinder Khattoare,
CEO,
Kuink
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The most Innovative Proptech companies To Watch 2023
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The
Proptech
Industry
Revolutionizing Real Estate
through Technology
22

The real estate industry has witnessed a seismic shift in recent years, thanks to
the rapid advancements in technology. The emergence of Proptech, a
portmanteau of property and technology, has disrupted traditional practices
and transformed the way we buy, sell, rent, and manage real estate. This article
explores the dynamic Proptech industry, its key drivers, innovative solutions, and the
profound impact it has had on various aspects of the real estate sector.
Proptech refers to the application of technology and innovation to streamline
processes and improve efficiency in the real estate industry. It encompasses a wide
range of solutions, including property listing platforms, virtual reality (VR) property
tours, smart home automation, real estate crowdfunding, property management
software, and many others. The primary goal of Proptech is to enhance the user
experience, facilitate transparency, and optimize operations in the real estate
ecosystem.
23

Key Drivers of Proptech - Several key factors have fueled
the rapid growth of the Proptech industry. Firstly, the rise of
the digital age and the widespread adoption of smartphones
have empowered consumers with easy access to property
information and online platforms. Secondly, changing
consumer behavior and preferences have driven the demand
for seamless and convenient real estate experiences.
Additionally, the availability of big data and analytics has
provided valuable insights for investors, developers, and
other stakeholders to make informed decisions. Finally,
regulatory changes and industry collaborations have played
a crucial role in fostering innovation and attracting
investment in Proptech startups.
Proptech has given birth to a myriad of innovative solutions
that are revolutionizing the real estate sector. Online
property marketplaces have transformed the way properties
are listed and searched, making it easier for buyers and
sellers to connect. Virtual reality technology enables virtual
property tours, saving time and resources for both buyers
and agents. Smart home automation systems offer enhanced
security, energy efficiency, and convenience for
homeowners. Real estate crowdfunding platforms have
democratized investment opportunities, allowing
individuals to invest in properties with smaller amounts of
capital.
Property management software has simplified and
automated tasks such as tenant screening, rent collection,
and maintenance requests, leading to improved efficiency
and reduced operational costs for property owners.
Blockchain technology has introduced transparency and
security to property transactions through smart contracts.
Artificial intelligence (AI) and machine learning algorithms
are being leveraged to analyze vast amounts of data,
enabling more accurate property valuations and predictions.
Impact on Real Estate Market Players - Proptech has had a
profound impact on various players in the real estate
market. Traditional real estate agents have adapted by
embracing digital tools and platforms to extend their reach
and improve customer experiences. Investors now have
access to a wider range of investment opportunities and can
make data-driven decisions. Developers are leveraging
technology to optimize the design and construction process,
resulting in more efficient and sustainable buildings.
Tenants and homeowners benefit from the convenience,
transparency, and personalized experiences offered by
Proptech solutions.
Challenges and Future Outlook - While the Proptech
industry holds great promise, it also faces challenges.
Privacy and data security concerns, regulatory hurdles, and
the need for industry-wide standardization are key areas
that require attention. Additionally, there is a need for
continuous innovation to stay ahead of evolving customer
expectations and emerging technologies.
Looking to the future, the Proptech industry is expected to
grow exponentially as more stakeholders recognize its
potential. Artificial intelligence, Internet of Things (IoT),
and augmented reality (AR) are anticipated to play
significant roles in shaping the future of Proptech.
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The most Innovative Proptech companies To Watch 2023
29

Quiet Quitting And Impact
Employee Engagement
And Prots
30

According to the Merriam-
Webster dictionary, quiet
quitting refers to doing the
minimum requirements of one's job
and putting in no more time, effort, or
enthusiasm than is absolutely
necessary. In other words, the
employee continues to show up every
day but has mentally checked out, and
for weeks no one notices. This
phenomenon can profoundly impact
employee engagement and,
consequently, business profits. In this
article, we will delve into the concept
of quiet quitting, explore its effects on
employee engagement and profits, and
discuss strategies for addressing this
issue.
Let's pull back the curtain; quiet
quitting occurs when employees no
longer feel motivated, committed, or
connected to their work. Instead of
actively seeking new opportunities or
formally resigning, they continue to
show up physically but withdraw their
emotional investment. This lack of
engagement can have several
detrimental effects on both employees
and the company:
1. Decreased Productivity: Disengaged
employees tend to be less productive.
They may procrastinate, produce
lower-quality work, or simply go
through the motions without putting in
their best effort. This decline in
productivity can directly impact a
company's profitability.
2. Increased Errors and Mistakes:
When employees are disengaged, they
are more prone to making mistakes.
They may lack attention to detail,
overlook important information, or fail
to follow established procedures. These
errors can result in increased costs,
rework, and potential loss of
customers.
3. Negative Work Culture: Quiet
quitting can be contagious, spreading a
sense of apathy and disengagement
among other employees. This negative
work culture can further erode
employee morale, collaboration, and
teamwork. It creates a toxic
environment that hampers productivity
and innovation.
4. Higher Turnover Rates: Disengaged
employees are more likely to seek
opportunities elsewhere when they
reach their breaking point. This can
lead to increased turnover rates, which
can be costly in terms of recruitment,
onboarding, and lost institutional
knowledge. High turnover also disrupts
team dynamics and affects overall
productivity.
To improve employee engagement and
reduce the occurrence of quiet quitting,
companies should rethink their
approach. Many initiatives that are
created with good intentions don't
work because they use the same tactics
under a different name. Changing the
name won't change the outcome when
using the same strategies.
Addressing Quiet Quitting and
Boosting Employee Engagement:
1. Foster a Positive Work Environment:
Cultivate a positive, inclusive work
culture that values and appreciates
employees. Encourage open
communication, collaboration, and
mutual respect. Create opportunities
for social interaction and team building
to strengthen relationships.
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2. Develop Innovative Growth and
Development Opportunities: Gone are
the days of rigid, top-down leadership
structures that stifle innovation and
creativity. By creating opportunities for
employees to learn about themselves
and their responsibilities, leaders can
foster a sense of greater confidence and
appreciation among their team
members, shifting negative behaviors
and perceptions into positive ones.
Develop novel approaches and
strategies that organizations can
employ to foster employee learning,
skill development, and career
advancement. Go beyond the normal
program and create customized
leadership development programs that
matter to the employees – that will
impact their work and mindset.
3. Create Innovative Change
Management and Communication
Strategies: Develop change
management strategies that involve
adopting unconventional and creative
approaches to drive successful
organizational change. Use innovative
change management strategies that
focus on leveraging new ideas,
technologies, and methodologies to
enhance employee engagement,
minimize resistance, and achieve
desired outcomes. Accelerations Group
can provide guidance on change
management strategies and help
organizations create and improve
employee engagement.
4. Recognize and Reward
Achievements: Regularly
acknowledging and celebrating
employee achievements and milestones
is nice, but it is no longer enough. It is
time to think outside the box and create
an innovative approach to recognizing
and rewarding employees. It is time to
go beyond traditional methods and
embrace creative, personalized, and
meaningful ways to acknowledge their
contributions and achievements. It is
time to create a program that
demonstrates appreciation and
reinforces a sense of value and
purpose.
By Emily Nichols-Mitchell
About Accelerations Group (AG)
AG specializes in helping organizations identify and solve leadership
and organizational challenges through innovative solutions and
strategies that deliver measurable results. We focus on positioning our
clients for organizational growth, impact, and peak performance. And
we're here to do the same for you and your business.
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34

Build Senior
Living - Reinventing
senior Living
35

36

The most Innovative Proptech companies To Watch 2023
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Proptech
Industry
Forecast
The Proptech industry is poised for significant growth and
transformation in the coming years. Here is a forecast of
the key trends and developments expected to shape the
industry:
Continued Expansion and Investment The Proptech sector
will witness continued expansion and attract substantial
investment. Venture capitalists, real estate companies, and
technology firms are expected to allocate significant funds to
support the development and adoption of innovative Proptech
solutions. This influx of capital will fuel research and
development, drive market consolidation, and encourage startups
to enter the space, further accelerating industry growth.
42

Emphasis on Sustainability and Green Technologies Sustainability will be
a key focus within the Proptech industry. As environmental consciousness
and regulations intensify, there will be a growing demand for sustainable real
estate solutions. Proptech companies will increasingly incorporate green
technologies, energy-efficient systems, and smart building management tools
to reduce carbon footprints, optimize resource usage, and enhance overall
sustainability in the built environment.
Integration of Artificial Intelligence and Machine Learning will play a
major role in shaping the future of Proptech. AI-powered analytics and
predictive algorithms will enable more accurate property valuations, market
analysis, and investment predictions. Machine Learning algorithms will
facilitate personalized customer experiences, enhance property management
processes, and improve decision-making across the real estate value chain.
AI-driven chatbots and virtual assistants will also streamline customer
interactions, providing quick responses and efficient support.
Internet of Things (IoT) and Smart Buildings The Internet of Things
(IoT) will enable the creation of smart buildings and connected
environments. IoT sensors and devices will monitor and control various
aspects of real estate properties, including security systems, energy
consumption, occupancy levels, and maintenance needs. This data-driven
approach will optimize building operations, enhance tenant experiences, and
improve sustainability. Smart home automation will become increasingly
common, allowing homeowners to manage and control their properties
remotely through connected devices.
Enhanced User Experiences and Virtual Technologies Proptech will
continue to prioritize enhancing user experiences through virtual
technologies. Virtual Reality (VR), Augmented Reality (AR), and 3D
modeling will enable immersive property tours, allowing buyers and renters
to explore properties remotely. These technologies will save time and
resources, increase engagement, and help bridge geographical barriers.
Additionally, virtual collaboration tools and platforms will facilitate
seamless communication between stakeholders, such as agents, buyers, and
property managers.
Data Privacy and Security As the Proptech industry evolves, ensuring data
privacy and security will be critical. Stricter regulations and cybersecurity
measures will be implemented to protect sensitive information and prevent
unauthorized access. Proptech companies will need to invest in robust data
protection systems, encryption technologies, and secure data storage.
Building trust among users and stakeholders will be crucial for the
widespread adoption of Proptech solutions.
The Proptech industry is set to witness rapid growth and transformation in
the coming years. With increased investment, the integration of cutting-edge
technologies, and a focus on sustainability, Proptech will continue to
revolutionize the real estate sector, offering improved user experiences,
enhanced efficiency, and greater transparency.
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