When Andres Korda crossed paths with Enrique Teran, they didn’t just see two like-minded entrepreneurs – they saw an opportunity to reshape an entire industry. It wasn’t just the power of technology that united them; it was a shared understanding of the real challenges within the real estate space. Korda had witnessed firsthand the hurdles his mother, a real estate agent for two decades, faced with inefficiencies that stifled her potential.
Their vision was clear from the start: combine innovative technology with deep-rooted industry knowledge to redefine the real estate process. In 2007, Korda and Teran founded Avanti Way, a brokerage with a bold ambition – to transform the real estate sector by integrating tech in a way that would empower agents and streamline operations. However, the pair quickly realized that tech alone wasn’t the solution.
“We realized the problem wasn’t just a lack of technology – it was systemic,” Korda shared in a recent interview. “The industry was burdened by outdated practices and a gap in services that truly added value.” That realization led to the development of a tech ecosystem that would do more than just offer tools for agents – it would create a fully integrated platform where every aspect of the transaction could be managed in one seamless system.
The journey wasn’t without its hurdles. The 2008 real estate crash hit Miami hard, and plans had to be adapted. However, it also presented a new opportunity in the form of foreclosures, and Avanti Way pivoted to manage these distressed properties. This move revealed an even deeper need for innovation, particularly in property management and asset tracking tools for investors.
By 2014, Avanti Way had transformed into a comprehensive real estate ecosystem. The launch of AVEX, a proprietary tech platform, gave agents everything they needed to operate within a unified system, from transaction management to marketing and compliance. AVEX consolidated fragmented tools into a singular platform, streamlining operations and providing real-time data to keep agents ahead of the competition.
A pivotal moment came in 2024 when Avanti Way integrated advanced AI into their platform. With tools powered by ChatGPT and Claude, agents could now access hyper-local market data and generate custom marketing content tailored to their business needs. Korda emphasized the importance of these tools, stating, “Our AI analytics have become indispensable for agents who need to stay competitive in an ever-evolving market.”
As the company grew, its business model evolved to keep pace. Today, Avanti Way supports 1,800 agents across 15 Florida offices, offering a subscription-based model for access to AVEX. These agents, or “Agentpreneurs,” benefit from a data-driven platform that supports their growth without the need for a fragmented tech stack.
Avanti Way’s recent “branchising” model has been instrumental in scaling the business. This hybrid model combines the flexibility of franchising with the resources of a corporate structure, allowing branch leaders to focus on recruitment and expansion while Avanti manages the back-end operations.
Looking ahead, Korda remains committed to the company’s mission. “We’re not just building a platform – we’re building a new way of working in real estate,” he said. With plans to expand beyond Florida, the company is poised to take the real estate tech space to a national scale. Miami, Korda’s home base, remains an integral part of their success story, serving as a vibrant market and a hub for innovation.
As Avanti Way continues to grow and evolve, Korda and Teran are setting the stage for a new era in real estate – one where tech not only simplifies the process but also empowers agents to become true entrepreneurs.
