MoxiBalance joins MoxiWorks' slate of products driving brokerage profitability through increased productivity
Seattle, WA (January 25, 2022) — MoxiWorks, the leading real estate technology platform, announced today the launch of their back office system, MoxiBalance. MoxiBalance is designed for brokerage leaders seeking to streamline and facilitate record-keeping in their enterprise office. MoxiBalance evolved from back office solution, Reeazily, which MoxiWorks acquired in 2021.
With the addition of MoxiBalance, MoxiWorks now offers a complete end-to-end, lead-to-close, solution for enterprise brokerages. The back office solution joins their easy-to-use suite of tools including their CMA, CRM, websites, and marketing & lead generation solutions all focused on improving and increasing productivity across the brokerage.
“MoxiBalance, formerly reeazily, was built by real estate for real estate when RE/MAX Northern Illinois needed a better system for franchise membership management, billing, and reporting,” said Senior Director of Product Management, Jim Smoak. “MoxiBalance is robust and intuitive, and fully equipped to handle complex back office reporting for enterprise brokerages of any size.”
MoxiBalance is an enterprise solution designed to be an end-to-end for brokerages. The system manages the movement of money in clear, reportable, and convenient ways to match the bustling pace of a growing membership, while providing a secure platform to manage your business. MoxiBalance provides all of the features of a robust custom records system with the flexibility of cloud-based software. This provides the best of both systems for optimal back office tech. Brokerages powered by MoxiBalance can:
- Set up multiple brands and offices and easily connect them to their ledgers
- Design templates for agent-specific commission structures
- Build out items for repeatable billing and fixed and variable costs and,
- Manage agents with the same data populating the rosters of other MoxiWorks products
Additionally, MoxiBalance is designed for strong integration with transaction management systems like DocuSign, DotLoop, or SkySlope. It offers two-way QuickBooks sync and subscription-based purchase. This allows users to manage transactions, review documents, collect earnest money deposits, and even automate and export disbursement letters and funds for closing. Easy-to-use profit/loss, drilldowns, cap tracking, and forecasting reports help to protect both businesses and individual agents.
“We understand how complex the accounting and back office process can be,” said Smoak. “Working with a product that is not only sophisticated and easy to use, but also integrates so seamlessly with your preferred transaction management system will transform your processes and improve the overall functionality of your back office.”
To learn more about MoxiBalance and how it can benefit your business, visit moxiworks.com.
MoxiWorks is a comprehensive open platform system for large residential real estate brokerages that serves over 800 brokerages and 400,000 agents nationwide, accounting for more than 20% of the transactions in the U.S. MoxiWorks’ customer retention over the past seven years stands proudly at 97%. Their integrated tools are centered on sphere methodology that increases agents’ repeat and referral business by 54%, while lowering overall technology, training, and support costs for the brokerage. The open platform known as the MoxiCloud has tools from more than 100 partners that integrate to create unique brokerage solutions. Find more information at moxiworks.com.
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