Like many other cities in hyper-growth mode, Miami is experiencing a real estate boom. In fact, Miami’s real estate industry is so strong that it has thrived over the course of the current pandemic, according to the Miami Herald. And as Miami’s tech scene continues to grow, the need for housing options will most likely intensify in years to come. In light of this, it comes as no surprise that the city is home to a burgeoning community of real estate tech companies eager to bolster Miami’s status as a housing hub.
Also known as proptech, real estate tech has taken hold across the country. While some housing innovators are simplifying the home buying and selling process, others are tackling areas like short-term rental management and tenant delinquency. So whether you’re in the business of selling and managing property or are looking to buy your own piece of turf, Miami’s many real estate tech companies are doing their part to make the process as seamless and simple as possible.
Here’s a look at 14 real estate tech companies in Miami redefining the housing market.
Real Estate Tech Companies in Miami to Know
What they do: Getting started is often the hardest part of searching for a new apartment or condo, so Zumper is bringing a host of resources to its customers. With updated listings and live alerts, people can stay on top of their housing options in some of the hottest cities. Because of their comprehensive solutions, Zumper makes finding a place to live a much more convenient experience.
What they do: Home61 is an online real estate brokerage company dedicated to making agents pay only for what they use. By paying for a monthly subscription, agents get access to 100 percent of their commission in addition to training videos, marketing tools, deals on office space and direct leads. Property-seekers can also use Home61 to search for local properties to buy or rent.
What they do: Lumi Living develops off-campus student housing designed to foster a sense of community. The company partners with local universities, offering students a streamlined online application process and resident management system. Each unit is fully furnished and includes private rooms, streaming services, security systems, monthly food deliveries, bi-monthly cleaning services and more.
What they do: Gridics makes zoning easier for both the public and private sectors in order to understand, manage, visualize and adapt to change. Their suite of proptech applications includes PropZone, which streamlines property research and site selection, and ZoneIQ, which allows users to analyze development potential in real-time. Gridics’ engine processes a wide range of real estate data, making it accessible for investors, brokers and developers.
What they do: Niido enables its residents to rent out their apartments to travelers as a way to make extra money. Through the company’s app, residents can sync with their hosting calendar, unlock their doors, schedule room cleanings, communicate with security, pay rent and more. Both of Niido’s Nashville and Orlando properties has a “MasterHost” on-site to assist both guests and residents.
What they do: Zeki’s SaaS marketing platform helps property managers attract renters by launching websites and interactive property maps. The company’s interactive property sitemaps are designed to showcase unit availability and display details about floor amenities, balcony views and more. Zeki’s property management software enables prospects to view real-time pricing information and reserve apartments online.
What they do: Deepblocks uses AI to visualize insights that help real estate developers expand investment strategies across markets. The company’s software provides users a holistic view of real estate development, boasting a 3D model that allows users to visualize their specific development potential in real-time. Deepblocks’ technology can ultimately be used to search for sites, view preliminary zoning rules and development capacity, and streamline financial returns.
What they do: Expetitle is a virtual real estate title company that aims to provide a faster and more cost-efficient closing process. The company’s platform connects the realtor, broker, buyer and seller all in one application. Expetitle provides a variety of tools including a tracker, task management system and document storage.
What they do: RentCaddy’s automated platform is designed to save property managers and owners both time and money when dealing with late and non-paying renters. When a tenant becomes late on rent, the company’s system is triggered and an AI chatbot engages with the individual, therefore removing the need for tedious back and forth and confrontations. RentCaddy is also capable of collecting rent on behalf of owners and offers an expedited eviction filing service.
What they do: Beycome helps home buyers and renters find everything they need for securing their new home entirely online while saving significant money. The company’s platform makes it easier to search for properties, schedule viewings, make offers and close successfully. Since Beycome removes the need for an agent, buyers and renters receive an agent's typical commission.
What they do: Richr helps homeowners sell their properties without giving agents a large portion of their equity. Their platform allows homeowners to list their homes for free on the MLS system and other real estate sites while allowing property-seekers to schedule tours and make offers entirely online. Richr offers support throughout the transaction process and rewards home buyers with up to three percent cash back when they purchase a property.
What they do: Tennts's platform offers automated property management and guest customer services for short-term rentals. The company enables property owners to manage their homes from anywhere, allowing them to manage and list their properties on major online booking channels like Airbnb and Booking.com. Tennts also gives owners access to on-demand home and hospitality services with verified professionals.
What they do: REEF Technology aims to transform underutilized urban spaces into neighborhoods in an effort to bring communities together. The company offers a wide range of real estate solutions to help property managers enhance the tenant experience, optimize their workforce and increase safety. REEF Technology also provides on-site ambassadors who can deliver food, sanitize packages, manage traffic and offer customer support.
What they do: Yardi Kube’s coworking software is designed to help operators increase revenue and maximize productivity. Their platform allows operators to coordinate all aspects of accounting, bookings, billing, lead tracking, real-time reporting, WiFi and more. For real estate owners, Yardi Kube’s technology can potentially help them make more money per square foot, reduce vacancy, attract new tenants and sustain existing occupancy levels.