MoxiWorks: Recent Episodes
MoxiWorks
This month: manage contacts without leaving chat, sharper reasons to reach out, and the first release of Style Kits for presentations. New Manage contacts without leaving chat RISE AI can...
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You book a demo. The deck is sharp, the answers are confident, and the vision is compelling. You sign. Eighteen months later, your agents haven’t adopted it. Your IT team is still fighting the...
The post What Enterprise-Grade Actually Means in Real Estate Technology appeared first on MoxiWorks.
In a world where time is a luxury for both you as a busy agent and for time-squeezed prospects, the right real estate photography plays an outsized marketing role. AI...
The post AI Real Estate Photography: Must-Have Tools and Common Mistakes to Avoid appeared first on MoxiWorks.
If you spend time and money recruiting the best agents into your brokerage, you also need to understand why agents could look to leave. Even the most impressive brokerages are...
The post Why Do Agents Leave High-Performing Brokerages? appeared first on MoxiWorks.
Your client opens Facebook – and boom, there’s another agent’s face. Meanwhile, you’re nowhere to be seen. That’s real estate social media marketing. If you’re not in the feed, you’re...
The post The Ultimate Guide to Real Estate Social Media Marketing (+ 30 Post Ideas & FREE Calendar) appeared first on MoxiWorks.
Portside Real Estate Group has 200 agents in Maine and New Hampshire. Relationships are at the heart of their business, and they use technology to support that. For the past...
The post Portside Real Estate Group: How to Improve Technology Adoption Among Agents appeared first on MoxiWorks.
Is AI making you lose you? The quirks. The personality. The way you connect with clients -even the occasional typo. Real estate is built on relationships. So, if every email,...
The post AI and Authenticity Were the Big Lessons from Inman Connect 2025 appeared first on MoxiWorks.
The real estate industry has entered a new era, with the long-looming NAR settlement terms now in effect. After a “Summer of uncertainty,” the long-term impact is unclear. While buyer...
The post [WATCH NOW] Turning Uncertainty into Opportunity: 3 Keys to Profitable Brokerage Growth Ahead appeared first on MoxiWorks.
The best real estate CRM fixes headaches you face every day – whether you’re an agent, broker, or team lead. The wrong system slows everyone down. The right one makes...
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A global pandemic. Remote work and The Great Relocation. High interest rates. Industry Lawsuits. But other than that… To say the last five years in our industry have been full of challenges would be a considerable understatement. But with all the difficulties we’ve faced, challenging times are often the best time to reevaluate and recalibrate […]
The post Compressed Margins? Listings Are The Antidote appeared first on MoxiWorks.
In the fast-paced world of real estate, effective client communication can make the difference between a closed deal and a missed opportunity. For brokers, ensuring that their agents maintain clear and consistent communication with clients is crucial to building trust and fostering long-term relationships. However, with the myriad of tasks that agents juggle daily, from […]
The post Consistent Client Communication: How To Keep Buyers and Sellers Informed appeared first on MoxiWorks.
Due to a recent policy change following a settlement between the NAR and the Department of Justice, the display of compensation (commission percentage or flat fee) on listings is no longer available in many MLS’s. To help ensure transparency, we’ve added the ability to display compensation details on our listing details pages for our clients. […]
The post Updated Feature Listing Details: Buyer Offer of Compensation appeared first on MoxiWorks.
Press Release AI-Powered CoMarketing Cloud Platform, SOCi, joins the MoxiWorks Partner Program by Jordan Barrish Unified social media management helps agents sell more homes with SOCi and MoxiWorks SEATTLE, Wa. (July 25, 2024) – MoxiWorks, your partner in real estate success, today announced SOCi, the leading CoMarketing Cloud for multi-location enterprises, as the latest partner […]
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What’s New. What’s Awesome. We’ve finally come up for air after a busy Q2 of hard work on our products, and thrilled to share some updates! Read on to find out about all the new features in our real estate marketing products. And, if you have questions or need help diving into all these great […]
The post What’s New. What’s Awesome. — Q2 Updates and a Peek Ahead to Q3 appeared first on MoxiWorks.
Becoming a real estate open house master isn’t just about showing homes; it’s about showcasing your expertise, building relationships, and marketing effectively. Whether you’re a seasoned real estate agent or new to the game, this comprehensive guide will help you excel in hosting open houses and establishing yourself as an area expert. Choosing the Perfect […]
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Top things to know this month: There were 485K sales in May, a 9% increase from April The Home Sales Predictor model is predicting 519K home sales in June and 500K home sales in July We’ve made a steady post-pandemic recovery and are seemingly back to a normal market cycle As the summer season kicks […]
The post A Gradual Return to Normalcy | June 2024 Home Sales Predictor appeared first on MoxiWorks.
Join Bret Calltharp on June 26th at 10AM PT / 1PM ET as we kick off our latest webinar, “MoxiWorks Mastery – The Business of People” Real estate is at its core a business of people. How can agents leverage strategy and technology to “supercharge” their business and overcome the physical limitations of just how […]
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Think about your social media accounts. Let’s take Instagram, for example. Who do you follow? Of course, your friends, family, and celebrities you admire. And then there are those people who are famous simple because of social media; some might call them “social media influencers.” What makes you like following them? It’s not out of […]
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Press Release MoxiWorks Names Eric Elfman as Chief Executive Officer by Jordan Barrish MoxiWorks to invest in a product strategy leveraging AI that supports the new realities of being an agent. BELLEVUE, WA. (June 3, 2024) — MoxiWorks, the leading real estate technology platform for agents, today announced the appointment of Eric Elfman, an experienced […]
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This article was originally published in August 2022. The advice is relevant in any real estate market. With 25 years in real estate, I’ve been through a lot of ups and downs, including the 2008 economic crash. Once you’ve experienced something like that, you have a very different perspective on the economic uncertainty we are […]
The post An Agent’s Perspective: Finding New Opportunities appeared first on MoxiWorks.
Imagine this – you buy a shiny new tool that your friends have been raving about using. It’s finally arrived, with a set of general instructions included to get started, but you set the tool aside and never take a stab at trying it out. A month passes and you haven’t used the tool once […]
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Top things to know this month: There were 435K home sales across the U.S. in April, an 8% increase over March The Home Sales Predictor model is predicting 504K home sales in May and 549K in June Will Summer outshine Spring? It’s funny how time changes your perspective. During our monthly sync this week the […]
The post May home sales are blooming | May 2024 Home Sales Predictor appeared first on MoxiWorks.
Catch Bret Calltharp in the replay of our latest webinar, “Best Practices – Engagement Audit and Course Correction” We’re a third of the way through 2024 – how has the performance of your agents and brokerage compared to your goals? In this session, we discuss calculating and measuring KPIs, how they relate to business challenges […]
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Join Bret Calltharp on April 30th at 10AM PT / 1PM ET as we kick off our latest webinar, “Best Practices – Engagement Audit and Course Correction” We’re a third of the way through 2024 – how has the performance of your agents and brokerage compared to your goals? In this session, we will discuss […]
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Top things to know this month: There were 402K closed transactions across the U.S. in March, a 19% increase from February The HSP model predicts 381K home sales in April and 432K in May We’ve seen this seasonal dip between April and May three of the last four years so nothing to be concerned about. […]
The post Plant the seeds for a more fruitful Summer selling season appeared first on MoxiWorks.
What’s New. What’s Awesome. Our mission at MoxiWorks: an easier and faster real estate experience that helps agents build a successful career and fulfill the dream of homeownership for their clients. This quarter, we’re focusing on scaling, enhancements, reducing support requests, and compliance. Read on to find out about the new features we’ve released and […]
The post What’s New. What’s Awesome. — 2024 Second Quarter Release Notes and Product Updates appeared first on MoxiWorks.
As 2023 officially fades in the rearview mirror and we gear up to head into Q2, I’ve had a chance to take a step back and reflect on the complexities and triumphs last year threw the real estate industry’s way. To say it was a lot is an understatement. As a proptech partner to so […]
The post Setting new standards with unprecedented onboarding and customer service appeared first on MoxiWorks.
Join Bret Calltharp as he dives into the second webinar of our “Moxi Champion Essentials” series. In this webinar, we will concentrate on what forces need to be utilized within a brokerage to foster an environment to fuel adoption and engagement. Highlights include examining why change management can fail, various change management models and the […]
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Press Release Real estate transaction software, Earnnest, joins the MoxiCloud partner program by Jordan Barrish The new partnership gives MoxiWorks users a more streamlined approach to money transfers during every transaction. SEATTLE, Wa. (April 4, 2024) – MoxiWorks, your partner in real estate success, announced a new partnership today with Earnnest, the largest digital earnest […]
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As a real estate agent, you have to wear a lot of hats. One moment you’re a market analyst. Then next, a photographer, and tomorrow, an accountant. One day never looks like the next as an agent, and while this can be fun, it can also lead to times of stress if you need to […]
The post Design Basics for Real Estate agents appeared first on MoxiWorks.
Press Release MoxiWorks named on Inc. Magazine’s List of the Pacific Region’s Fastest-Growing Private Companies for second year in a row by Jordan Barrish Companies on the 2024 Inc. 5000 Regionals: Pacific list had an average growth rate of 162.77 percent Seattle, WA — March 4, 2023 – For the second year running MoxiWorks has […]
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Powerhouses and super heroes of our industry are deemed so because they grew their brand and business out of strong foundations, with values cemented into the core of every decision made. “Originality consists of returning to the origin.” – Antoni Gaudi Antoni Gaudi, 1878. Sourced from Wikipedia Antoni Gaudi was a well-revered Spanish-Catalan architect […]
The post Building Your Agent Brand and Telling Your Story appeared first on MoxiWorks.
I don’t know about you, but it feels like we all need to take a collective deep breath after this first quarter of 2024. Things are actually looking up, and yet, as you look at headlines, you’d think real estate is still screwed. And now with the NAR settlement sending everyone into a frenzy this […]
The post Now’s the time to go on offense appeared first on MoxiWorks.
As a real estate agent, every day is a fresh start and can be very different from the one before or after. However, there are income-generating activities that should be part of your business strategy daily/weekly/monthly. In this webinar, we look at “A Day In the Life of an Agent With MoxiWorks” to share proven …
A Day In The Life of an Agent With MoxiWorks Read More »
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Providing great client service will help you win repeat & referral business, but let’s face it – you just can’t ignore the importance of marketing when it comes to growing a sustainable real estate business. Having a robust suite of marketing tools can be the decisive factor in securing that next sale or winning over …
The 13 real estate marketing materials every agent should master Read More »
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Top things to know this month: There were 449K home sales across the U.S. in July (6% lower than MoxiWorks predicted) The Home Sales Predictor model is showing 486K home sales in August (8% increase month over month) and 461K home sales in September (a 5% decrease month over month) Housing inventory just hit its …
Bouncing Along the Bottom — August MoxiWorks Home Sales Predictor Read More »
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The most bright and shiny tool in any real estate agents toolbox With the belief and knowledge that email marketing is the most cost effective and efficient way to scale, see how this agent has fully embraced the power and automation of ActivePipe. The golden standard for email marketing When Darren Von Britton and I …
The most bright and shiny tool in any real estate agents toolbox Read More »
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Press Release MoxiWorks named on the Inc 5000 list of fastest-growing companies in America by Jordan Barrish For back-to-back years the proptech company named to the prestigious list SEATTLE, Wa. (August 15, 2023) – Inc. revealed today that MoxiWorks ranks on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in …
MoxiWorks named on the Inc 5000 list of fastest-growing companies in America Read More »
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In the fast-paced world of real estate, first impressions are everything. Your listing presentation is a key opportunity to set the tone of what it’s like to work with you, showcase the ways that you’re a total boss at what you do, and ultimately win their business. Delivering a knockout presentation requires more than just …
10 Tips to Nail Your Next Listing Presentation Read More »
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Watch now for tips and guidance on how to leverage MoxiPresent to win your next listing. By using the marketing tools at your fingertips, you can find prospects and win clients, no matter the market. In this webinar, you’ll learn how to: 1. Meet the client where they want to meet (think: email, print, and …
[WATCH NOW] Win More Listings With MoxiPresent Read More »
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What’s New. What’s Awesome. We’ve been hard at work on some impactful product updates at Moxi HQ, and we can’t wait to walk you through MoxiWorks recent updates as of summer 2023. Remember, if you have questions or need assistance with implementing any of these features in your agents’ workflows, reach out to your account …
What’s New. What’s Awesome. — Summer 2023 Release Notes and Product Updates Read More »
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Mercedes Santiago Most people crave connection with others – a trait that became even more clear over the last two years where workforces became remote, clubs and organizations migrated online, and people saw their “friends” on Facebook far more often than they saw their friends in person. While we’ve never been more connected with the …
Maintaining an Authentic Connection with Your Sphere Read More »
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The past few years have been a roller coaster ride for all of us in the real estate industry. Our social media feeds have been filled with alarming news like lockdowns, inflation, a potential housing recession… This news affects everyone – and if we as real estate experts can’t cut the noise from the reality, …
Keeping Up With the Data: The top 5 housing data resources for real estate agents Read More »
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In today’s digital age, leveraging technology to help with nurturing relationships and staying in flow is vital for real estate agents. Despite the importance of social media, email is still an incredibly effective tool. Sure, email may not be the sexiest of marketing channels. However, with an estimated 347 billion emails sent every day and …
7 Real Estate Emails That Actually Work: Harnessing the Power of Email Marketing to Nurture Your Database Read More »
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Join the upcoming webinar for tips and guidance on how to leverage MoxiPresent to win your next listing. By using the marketing tools at your fingertips, you can find prospects and win clients, no matter the market. In this webinar, you’ll learn how to: 1. Meet the client where they want to meet (think: email, …
Win More Listings With MoxiPresent Read More »
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Press Release Amp up your repeat and referral business with the newest MoxiCloud partner, Boomerang DM by Jordan Barrish The appreciation marketing tool joins the MoxiWorks open platform network to give brokers and agents another sharp tool in their tech stack SEATTLE, Wa. (July 24, 2023) – MoxiWorks, your partner in real estate success, …
Amp up your repeat and referral business with the newest MoxiCloud partner, Boomerang DM Read More »
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Top things to know this month: There were 521K closed listings in June (the MoxiWorks Home Sales Predictor was within 2% with its prediction). The most recent model predicts there will be 478K home sales across the U.S. in July & 505K in August. We also predict we’ve hit the bottom and are headed back up …
Did we finally reach the bottom? July Home Sales Predictor Read More »
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In this webinar Bret Calltharp, MoxiWorks’ Director of Agent Engagement walks through best practices and how to monetize your MoxiEngage account. Things like: Staying in flow with your sphere of influence How to drive more business from the people already in your database And, how to better leverage email in your marketing strategy Bret also …
[WATCH NOW] Webinar — Monetizing MoxiEngage Read More »
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Top things to know this month: There were 491K home sales across the US in May (MoxiWorks was within 5% with a prediction of 517K) The latest prediction says we should see 510K home sales in June and 478K in July Sold listings continue to hover between 2016 and 2017 totals after starting the year …
478K home sales predicted for July – MoxiWorks Home Sales Predictor Read More »
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Agents who nurture their database well outperform other agents by a landslide, especially in a tight market. We’re here to help you take full advantage of the tools at your fingertips to win more listings and build a resilient business, no matter the market. Join Bret Calltharp, Director of Agent Engagement at MoxiWorks for a …
Setting Yourself Up for Success in MoxiEngage Read More »
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The annual property review — You might love it, you might hate it, you might even be intimidated by it. Regardless of where you stand, an annual report for a past client is a key touchpoint in solidifying loyalty, elevating brand awareness, and securing referrals and repeat business. But why should your clients care about …
How to Make Your Annual Property Reviews Shine Read More »
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It’s simple when you think about it: People like to do business with people they know, like, and trust. The evidence for this is everywhere. Have you needed a babysitter, a landscaper, or a dog walker? Chances are you probably started your search with people you’re connected with and asked for recommendations and referrals. …
Long-Term Success in Real Estate Comes from Relationships (Not Cold Leads) Read More »
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Press Release, Uncategorized Copy of MoxiWorks Honored on List of Most Innovative Real Estate Tech Companies, the HousingWire Tech 100 by Jordan Barrish SEATTLE, WA. (March 1, 2023) – MoxiWorks, the leading real estate technology platform, has been recognized as an industry innovator, being named to the HousingWire Tech 100 list for 2023. The HW …
Copy of MoxiWorks Honored on List of Most Innovative Real Estate Tech Companies, the HousingWire Tech 100 Read More »
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Press Release, Uncategorized Copy of Multiple MoxiWorks Leaders Recognized in RISMedia’s 2023 Real Estate Newsmakers by Jordan Barrish York Baur, Bill Yaman, Jim Crisera and Meghan Foulkes join the exclusive group of industry leaders who have made newsworthy contributions to the real estate industry SEATTLE, Wa. (February 10, 2023) – MoxiWorks, the leading real estate …
Copy of Multiple MoxiWorks Leaders Recognized in RISMedia’s 2023 Real Estate Newsmakers Read More »
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Partner Feature, Press Release MoxiWorks welcomes Local Logic to the MoxiCloud by Jordan Barrish Local Logic is on a mission to help build more livable and sustainable cities SEATTLE, Wa. (June 13, 2023) – MoxiWorks, the leading real estate technology platform, announced today location intelligence platform, Local Logic, has joined their network of more than …
MoxiWorks welcomes Local Logic to the MoxiCloud Read More »
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It’s been a topic in the news for months, but, is there really an inventory shortage? And, if so, what can brokers and their agents do to right the ship? Well, we are thrilled to have a special edition conversation from our resident armchair experts York Baur, MoxiWorks CEO and Matthew Ferrara, Philosopher for their …
[Watch] The Inventory Shortage w/ York Baur and Matthew Ferrara Read More »
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JUST BECAUSE NEW 1099 RULES WERE DELAYED A YEAR, DON’T CONTINUE TO DROWN IN MANUAL FILING AND REPORTING. CHANGE IS COMING, GET EVERYTHING IN ORDER NOW TO MAKE NEXT YEAR SMOOTH SAILING. The beginning of the year is a busy time for real estate leaders. There are so many business decisions to make ahead of …
10 Tips for Real Estate Brokerages to Quit Drowning in Reporting, Filing, and 1099 chaos Read More »
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In this inaugural episode of the REAL with MoxiWorks podcast we take a deep dive into agent behavior, goal-setting, slowing markets, real estate disruptors, and more with special guest, OB Jacobi, Co-President of Windermere Real Estate. As you gear up for 2019, you’ll definitely want to hear this.
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In this episode of the REAL with MoxiWorks podcast our own Georgia Perez, VP of Business Development and Product Evangelism at MoxiWorks picks the brain of the brilliant Matthew Ferrara, philosopher, speaker, writer, and major source of inspiration for the real estate industry. In this episode of REAL with MoxiWorks podcast, listen in to hear …
Matthew Ferrara, Philospher, Speaker, Writer, and major source of real estate inspiration Read More »
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Article What’s New. What’s Awesome. — Video Ads, Transaction Templates, and more! by MoxiWorks What's New. What's Awesome. It’s been a few big weeks here at Moxi HQ, and we can’t wait to show you all the new features we’ve added to make your MoxiWorks stack work harder for you. As always, if you have …
What’s New. What’s Awesome. — Video Ads, Transaction Templates, and more! Read More »
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Article Don’t Sleep on the Spring Slump; May Home Sales Predictor by Jordan Barrish Top things to know this month: Home sales reported a bit of a Spring slump, falling 9 percent to 412K in April. This is largely driven by critically low inventory levels. A pick-up of summer activity is still expected. According to …
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Press Release MoxiWorks now available for residential real estate brokerages of all sizes by Jordan Barrish SEATTLE, Wa. (May 2, 2023) – MoxiWorks, the leading real estate technology platform, announced today their suite of tools are now available to brokerages of all sizes. Previously MoxiWorks was only available for enterprise brokerages, or any broker with …
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Article Stability, is that you? April Home Sales Predictor by Jordan Barrish Top things to know this month: Home sales are now hovering in the pre-pandemic 2018/2019 levels According to the MoxiWorks Homes Sales Predictor, an 8 percent month-over-month increase is expected in April, pushing homes sales to 478K The increase is expected to continue …
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Article What’s New. What’s Awesome. — Google Ads, 1099s, and Faster Moxi by MoxiWorks What's new and awesome at MoxiWorks? It is hard to believe that the first quarter of 2023 is wrapping up! Spring real estate season in the US is heating up, and agents are poised for a healthy challenge this year as …
What’s New. What’s Awesome. — Google Ads, 1099s, and Faster Moxi Read More »
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Article March Home Sales Predictor by Jordan Barrish Happy Spring (to those of us here in the States)! The numbers are in for February home sales and things are looking up (even if the news has us still looking down). In February the number of home sales increased by 12%, bringing us to 326K homes …
March Home Sales Predictor Read More »
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Press Release MoxiWorks to Offer Homeownership Management Portals For All Customers by Jordan Barrish In a cooling market, MoxiWorks helps brokerages and their agents deliver added value to homeowners SEATTLE, Wa. (March 7, 2023) – MoxiWorks, the leading real estate technology platform, announced today that all customers will now have access to a homeownership …
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Press Release MoxiWorks Honored on List of Most Innovative Real Estate Tech Companies, the HousingWire Tech 100 by Jordan Barrish SEATTLE, WA. (March 1, 2023) – MoxiWorks, the leading real estate technology platform, has been recognized as an industry innovator, being named to the HousingWire Tech 100 list for 2023. The HW Tech 100 identifies …
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Press Release MoxiWorks named on Inc. Magazine’s List of the Pacific Region’s Fastest-Growing Private Companies by Jordan Barrish Companies on the 2023 Inc. 5000 Regionals: Pacific list had an average growth rate of 559 percent Seattle, WA [February 28, 2023] – Inc. Magazine today revealed that MoxiWorks has been included on its third annual Inc. …
MoxiWorks named on Inc. Magazine’s List of the Pacific Region’s Fastest-Growing Private Companies Read More »
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Article Coming out of hiberation? February Home Sales Predictor by Jordan Barrish We’re back with another round of predictions. And right off the bat we’ve got to brag that our data team was able to dial in this wacky market and was within 2%(!) of the actual for January. We ended up closing out the …
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Article, Uncategorized Thinking Outside of the Box Julie Kozich The real estate industry is resilient and tough. We’ve been through several downturns in the past and always bounce back. But oftentimes, those downturns lead to a need for more creativity. The goal should be to find ways to streamline your agents’ and their clients lives …
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Article, Uncategorized How Facebook Benefits Your Business Matthew Ferrara As we head into the cooler months of the year, it’s a great time to take a look at what you’re doing in your marketing strategy. This is the perfect time to not only reevaluate and potentially invest in some new marketing approaches but also to …
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Article Inspiring Agent Adoption of Technology Matthew Ferrara When I talk to real estate agents who are tech averse, fear of the unknown is one major cause. Technology can sometimes feel overwhelming. Use of new technology can leave agents feeling very uncomfortable, like you might lose control of the levers you are used to pulling …
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Press Release MoxiWorks announces new Chief Technology Officer, Mike Messig, former CTO of ActivePipe by Jordan Barrish Messig stepping into the role to propel the next phase of growth for the proptech company SEATTLE, Wa. (January 30, 2023) – MoxiWorks, the leading real estate technology platform, announced today that Michael Messig, PhD, has been promoted …
MoxiWorks announces new Chief Technology Officer, Mike Messig, former CTO of ActivePipe Read More »
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Article 10 Tips for Real Estate Brokerages to Quit Drowning in Reporting, Filing, and 1099 chaos By Ishtyaq Ahmed, Regional Director of Business Development Just because new 1099 rules were delayed a year, don’t continue to drown in manual filing and reporting. Change is coming, get everything in order now to make next year smooth …
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Article Want more housing inventory? Annual property reviews help unlock more listings by Jordan Barrish Happy New Year! We’re thrilled to be back to kick off another year of predictions to help us all get a better sense of where the market is headed in this wild and wacky world of real estate. It seems …
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Article, Partner Feature Growing your business by embracing an integrated real estate tech stack Krista Thomsen, Director of Strategic Partnerships Technology fatigue is a real thing. Running a brokerage requires so many different technologies, applications, services, and platforms that it can most certainly make your head spin. So how do you decide what to purchase, …
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Article Staying Busy During Real Estate’s Winter Slow Down Rachel White Winter is here and real estate agents have officially entered the slow season. The holidays are a busy time for everyone. Between holiday parties, traveling, gift shopping and wrapping, school recitals, holiday cooking and baking, family photos, and holiday cards, everyone’s to-do list …
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Article Coming in for a landing? December Home Sales Predictor by Jordan Barrish Whether this is your first edition of the Home Sales Predictor, or you’ve been with us since October 2020, thanks for coming on this ride with us. We’re down to our final prediction for 2022, but we know, without a doubt, 2023 …
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Webinar Moxi Talk: It’s Time to Get Bold by MoxiWorks More Moxi Talk 12/02/2022 Moxi Talk: It’s Time to Get Bold Read more → 10/18/2022 All Season Sphere Selling Read more → 09/22/2022 Moxi Talk Ep. 7: Invest, Instruct, and Inspire Read more → 06/22/2022 Moxi Talk Ep. 6: Eternal Engagement Read more → 04/22/2022 …
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Article When the going gets tough, turn off the news and do your job - november home sales predictor by Jordan Barrish Yes, home sales are in fact starting to drop. We’ve known this was coming. Mortgage rates remain high. Inventory remains tight. No one can really agree where pricing is headed. Not to mention …
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Press Release Even more to love — MoxiWorks continues expansion of open network platform by [post_author] PropTech company, GiftHopper, now available on the MoxiCloud Seattle, WA (November 15, 2022) – MoxiWorks, the leading real estate technology platform, announced today the addition of a new proptech partner, GiftHopper, to their open network, also known as the …
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Article The Cost of Waiting Lillian Estrada “If you want to make the RIGHT decision for the future, fear is not a very good consultant.” Markus Dohle All decisions come from the need to solve a problem or the need for a potential opportunity. The challenge in leadership is that you’re not told when you …
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Article Settling into the Fall - October Home Sales Predictor by Jordan Barrish If you’ve been in any store lately you’ve seen the Christmas decorations already on display (hello...it’s only October, but alas), which means 2023 will be here before we know it. And, if you’ve opened any physical or digital newspaper lately the housing …
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LeadingRE VP of Sales and Partnerships, Jeff Kennedy, speaks with MoxiWorks’ National Director of Strategic Accounts, Aaron Lincoff, on the importance of your sphere of influence when it comes to creating an improved consumer experience and how to adapt to a changing market.
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Article A Historically Average Year - September Home Sales Predictor by Jordan Barrish It’s officially Fall and we’re officially feeling confident this industry is still going to finish the year strong. In August we saw a slight uptick in the total number of homes sold across the U.S. with 533K which was 1.6% more sold …
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Dotloop Create transactions in dotloop directly from MoxiWork's MoxiEngage CRM, so you can stay laser-focused on moving your deals forward instead of manually re-entering data. Easily move transactions from MoxiEngage to Dotloop to manage and close Connect Dotloop to your MoxiEngage CRM for the single-sign-on experience agents need to power productivity. Create loops in MoxiEngage …
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zavvie When you hold all the cards, you control the conversation. Give clients a clear view of every option they have, including ibuyers or alternate markets, while remaining central to the transaction with zavvie and MoxiWorks. Every option is on the table MoxiPresent has been proven to help agents win more clients and make their …
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Percy MoxiWorks + Percy.ai Better leads with Percy.ai MoxiEngage CRM and Percy.ai work together to provide brokerages and agents with a streamlined solution for leveraging their data to capture more seller leads, win more listings, and close more sides. Automated Percy.ai account creation using the MoxiCloud makes onboarding simple and lead data flows between MoxiEngage …
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RealScout Boosting buyer data in a big, big way. With fan-favorite MoxiEngage CRM and superior buyer services from RealScout, your agents are going to be knocking quite a few socks off. Give your agents what they really want Generating and nurturing buyer leads can be high demand but low reward. When MoxiEngage CRM is boosted …
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Spacio Automate your open houses. Increase ROI. Spacio allows agents to host paperless open houses and turns them into powerful sales opportunities, making it a great lead capture solution for agents. By integrating Spacio's application into the MoxiCloud, we can automatically insert contacts from an open house to our CRM, MoxiEngage, and then email a CMA …
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MoveEasy Comprehensive Moving Concierge MoveEasy is integrated into the MoxiEngage™ CRM to save agents time on post transaction tasks. When a transaction moves from active to pending, MoveEasy pulls all the necessary details from MoxiEngage ™ into the MoveEasy dashboard. The client can access the dashboard and keep up to date with everything going on …
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Opendoor MoxiPresent now offers Opendoor offer estimates within presentations Agents using MoxiPresent now have the option to present clients with automatic and immediate offer estimates from Opendoor in their CMA presentations. MoxiWorks is committed to building and partnering with technology that enables brokerages to innovate and stay ahead of the game. With this partnership, we’ve …
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QuantumDigital It’s like having your own personal marketing assistant MoxiWorks automated marketing and QuantumDigital automated direct campaigns combine to create one amazing duo. Never miss a marketing opportunity With the dynamic duo that is MoxiWorks and QuantumDigital, you can easily scale your marketing and lead generation efforts. QuantumDigital connects with MoxiImpress to seamlessly order automated …
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Union Street Media Reliable data meets award-winning design and strategy Data-driven omnichannel marketing, dazzling websites with rich analytics, on a platform you can rely on — MoxiWorks and Union Street Media. Let’s form a more perfect union The Union Street Media team of marketing experts leverage their combined experience with real estate marketing and our …
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In an effort to build a faster and easier real estate experience, MoxiWorks continues to grow and evolve their MoxiCloud offering to help brokerages and their agents thrive Seattle, WA (September 22, 2022) – MoxiWorks, the leading real estate technology platform, announced recent updates to their open platform, also known as the MoxiCloud, by […]
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This article originally appeared on LinkedIn. By York Baur As CEO of MoxiWorks, I’m proud of how we take care of our customers and employees. I love our culture, because it’s an organic, can-do, bring-your-full-self-to-work vibe that I believe brings out the best in my fellow Moxian, and rubs off on our customers and the […]
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The dip we’ve been predicting has arrived. In July we predicted there would be a 7% decrease from June. We ended July with a 14% decrease from June with 506K home sales. While historically the norm is for July to be lower, we haven’t had a dip of 14% between June and July since […]
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After exceptional growth, Seattle-based MoxiWorks ranks on the prestigious list Seattle, WA. (August 16, 2022) – Inc. Magazine revealed today that MoxiWorks, the leading real estate technology platform, has been included on the most prestigious ranking of the nation’s fastest-growing private companies, the Inc. 5000. This marks the first year MoxiWorks has made the […]
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The annual property review. You might love it, you might hate it, you might even be intimidated by it. Regardless of where you stand, an annual report for a past client is a key touchpoint in solidifying loyalty, elevating brand awareness, and securing referrals and repeat business. But why should your clients care about it? […]
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It’s nearing the end of July and as I’m sure you’re witnessing every day, the market continues to cool. We’ve been paying close attention to the data and we are still feeling confident that this is just a cooling and a soft landing, and not a screeching halt. Let’s take a look at the […]
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We sat down with Michael Fanning, S.V.P Windermere Real Estate, Windermere Real Estate Coach, Master Ninja Selling Instructor to discuss the Infinite Game: Durability of sphere-based approach in a market downturn. The two discuss the value of tech for an agent, the importance of sphere methodology, and coaching people where they are. Follow Michael […]
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We are halfway through 2022. It’s kind of hard to believe, but also not surprising given the rollercoaster of a year it has already been. We knew going into this year there was no chance it would be like the two previous years when it came to home sales. There simply are not […]
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Exclusive new deal will power agent productivity through a suite of technology products SEATTLE, Wa. (June 21, 2022) – MoxiWorks, the leading real estate technology platform, announced today a new deal with Allison Gaddy and International Association of Expert Partners. Through this collaboration, eXp Realty agents will now have access to the best-in-class […]
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In parts of the world, Summer is starting to really heat up, while it seems the housing market might be cooling. Or, at least, starting to cool. In April we predicted there would be 564k home sales, but we ended up with 4.5% less with 538k home sales. That’s a 1% decrease in the […]
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You know them, you love them, and you see them everywhere you go. Today on this episode of REAL with MoxiWorks we brought on AJ Canaria, Creative Producer at MoxiWorks and the industry’s favorite photographer, and Laura Monroe, Global Head of Community at Inman. The two start off the conversation by talking about culture, community, […]
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The portal will empower agents to stay in flow with clients throughout the entirety of their homeownership lifecycle with real-time guidance, relevant advice, and local resources; curated by each brokerage and personalized by agents SEATTLE, WA (May 4, 2022) — MoxiWorks, the real estate industry’s leading technology platform for real estate brokerages, announced today […]
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Rech brings 20+ years of experience in MLS Real Estate PropTech Industry to his new role Seattle, WA (April 28, 2022) — MoxiWorks, the industry-leading real estate technology platform, announced today their new VP of MLS Sales, Troy Rech. Rech will head up the MLS sales arm of MoxiWorks which will also include working […]
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It feels like every day there are contradictory reports in the media about the current housing market. ‘It’s too hot, the bubble’s going to burst’ ‘The market’s cooling, but prices are high’ ‘Inventory is up’ ‘Inventory is still synched’ Which way is up? It likely depends on your market. But this continued uncertainty […]
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York Baur, CEO of MoxiWorks, and Tom Smith, Principal at Vector Capital got REAL on how Vector Capital evaluates their investments and how they can apply that same philosophy to real estate.
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It’s officially Spring! Hopefully your allergies aren’t as painful as your busted March Madness bracket. Do you know what’s not busted? The housing market. At least for now. Despite the daily news articles making it sound like the housing market is doomed, people still bought and sold a lot of homes last month. […]
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HousingWire cited MoxiWorks for its partnerships “to meet the industry demand for an end-to-end tech solution.” Seattle WA, (March 21, 2022) — MoxiWorks – the industry-leading real estate technology platform — has been recognized by HousingWire as part of their 2022 Tech 100 awards. ActivePipe, acquired by MoxiWorks in February, was also named to […]
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2022 has kicked off our year of home sales much more similar to 2021 than we originally predicted. We predicted there would be 477k home sales in January, but we ended up with 408K home sales, which was just a 1% decrease from the number of homes sold in January of 2021. We […]
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Acquisition expands the powerhouse suite of solutions in the MoxiCloud SEATTLE, WA. (Feb 22, 2022) – MoxiWorks, the leading real estate technology platform, announced today the acquisition of ActivePipe, a premier lead nurturing platform for real estate professionals. Founded and headquartered in Australia, ActivePipe operates in four countries supporting more than 2,500 brokerages and […]
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York Baur, Georgia Perez, and AJ Canaria were among the honorees Seattle WA, (February 3, 2022) MoxiWorks – the industry-leading real estate technology platform— is delighted to announce the recognition of three of its Moxians as honorees in RISMedia’s 2022 Real Estate Newsmakers list. MoxiWorks CEO York Baur, VP Business Development and Product Evangelism […]
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It’s time for another episode of REAL with MoxiWorks. Today we sat down with Spencer Smith, from Evocalize to discuss all things digital advertising.
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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.
About MoxiWorks
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.
MoxiWorks – Let’s sell more homes together
For more information on this topic and other press inquiries at MoxiWorks, please contact Jordan Barrish at Jordan.barrish@moxiworks.com.
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As a trusted leader, you work diligently to run your real estate brokerage, but are you supporting your agents and overall business growth with strong and strategic branding?
The Power of the Brand
Effective leaders have a significant impact on their team/staff and business as a whole. To take your brokerage to the next level and enhance your brand recognition, you must first identify what your brand is. What does your brand say about your company and what it stands for? Your brand is more than a logo, colors, and some signs, it’s the experience a lead or client visualizes when thinking about your business. Essentially, your brand is the memory or visual story you want to leave in a leads and clients’ mind.
Your brand also reflects the personality and values of your business, so it is vital to your overall success to put forth a positive impression that resonates with your intended audience. To know your brand is to know your audience. Figure out what type of customer you are dedicated to; are they of a certain demographic or life stage or interested in luxury real estate or fixers? Know where your brokerage fills the gap in your market so you can target the right people. Your branding should also position you as an authority in your unique target area. With your brand, you want to generate trust and inspire interest. Your goal is to create a lasting connection between you and your potential or current client.
Branding is the foundation of all the marketing you will ever do, building upon itself, accelerating your business, and creating something worthy of consideration. According to McKinsey.com, “83% of CEOs look to marketing as a growth engine for the business.” Branding is part of this growth engine in more than one way.
Break Through the Noise
Effectively communicating your brand is paramount to long-term growth for your business as it helps recruit and retain agents. Your brand should reflect your company culture and attract those seeking that same type of environment they can thrive in. Your brand is one of the reasons agents choose to work with you and stay with you. Branding establishes a sense of alignment and consistency within the organization which can be a desirable trait to attract quality agents seeking stability. Keeping your branding fresh and aligned with your business can also increase your chances of retaining the loyalty of agents.
It is your agents who carry your brand so hiring and keeping good, productive agents is essential. They are the face of your brokerage and are on the front lines with your clients. Equipping them with strong branding across the digital space is what they crave and deserve to increase productivity and profitability for themselves and your business as a whole.
To amplify the greatness you have as a brokerage, building digital marketing campaigns and reaching leads on the channels they are currently using is a terrific way to make a significant impact. By creating always-on ad campaigns specifically to promote your brokerage services helps to keep your brand front of mind all year long. You can also increase exposure to all your listings through traffic ads, which drive people to your set webpage–aka your listings. Both of these tactics not only serve to support the brand but also reinforce your agents’ marketing efforts, creating a stronger collaborative front against your competitors.
The two top-performing ad platforms to publish on to achieve the highest reach are the Facebook Audience Network and Google Display Network. Both channels are proven to be lucrative for real estate agents no matter their individual experience, location, or focus. This means other brokerages and agents are harnessing the power of these channels already. When promoting ads on these digital platforms you can reach leads across many apps, websites, and channels such as YouTube, Gmail, and Facebook. It is also important to have a set budget and target in mind with any ad campaign, keep track of your spend and make sure you are getting value. But how do you know what budget to set and if you are getting your money’s worth?
More Ads, More Business
To fill the knowledge gap or need to upscale internally to become more digital marketing savvy, we updated MoxiPromote, our digital advertising tool. We offer digital marketing expertise to guide your efforts in creating and deploying effective campaigns. With solutions like MoxiPromote, it’s even easier for agents and brokerage marketers to design and launch digital marketing ads fit for your unique real estate business. You and your agents are still in full control of spend and can also track, review, reiterate, and create as many digital advertising campaigns as needed –including automated ads; cutting down the time required for constant set up. Set it and forget it!
The power of MoxiPromote always stays with you and your brokerage. It is not sold directly to agents, but is part of your brokerages’ tech offering, which serves as another retention motivator because once your agents use this easy to navigate digital marketing tool, they will be so pleased with ad results, improved workflow, and extra time to focus on building relationships, they will not want to be without it.
Using the right tools to carry out a strategic plan can lead to some powerful long-term results. Brand marketing is not a short-term tactic so do not be discouraged before the magic happens. Stick with it and see how much your agents and brokerage benefit over time.
For more information on how you can bring MoxiPromote to your brokerage click here. Let us serve as your digital marketing expert to help guide you through this complex ad process.
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It’s 2022 — time sure is flying!
Our data team is already hard at work analyzing and making predictions for the year ahead, so let’s dive right in.
We finished December with 566K home sales which were 4% more homes sold than we expected. That was a 2% increase from November, but a 3% decrease from the year before in December 2020.
Last month in our reporting we predicted a ‘Strong year of home sales on the horizon in 2022’ and we’re already seeing that come true as we look ahead to January. In any other year, we would expect to see a 20-25% decrease from December to January.
Instead in 2022, we predict we will only see a 16% decrease with 477K homes sold, which is also a 16% increase year over year.
In February we predict we will see a 4% increase from January with 496K home sales which would be a 19% increase year over year.
Source: MoxiWorks Home Sales Predictor Jan|Feb ‘22
There are several reasons we expect to see this stronger number of home sales in January, but two of the substantial factors that will drive behavior are rising interest rates and inflation.
Inflation has now increased at its fastest pace in 40 years. And, how does inflation impact home prices? Inventory and interest rates.
Last week, the Federal Reserve Chair Jerome Powell discussed the impact of inflation on interest rates with a Senate panel:
“But some higher prices, such as rents, could prove to be stickier. Rental costs, which have accelerated since summer, rose 0.4% in December, the third consecutive monthly increase. That’s significant because housing costs make up one-third of the government’s consumer price index.
Powell told Congress that if it becomes necessary to fight high inflation more aggressively, the Federal Reserve is prepared to accelerate the interest rate hikes it plans to begin this year. The Fed’s benchmark short-term rate, now pegged near zero, is expected to be bumped up at least three times this year.” (source)
Additionally, Altos Research has reported a few other leading indicators that are also pointing to a strong start to 2022, including immediate home sales trends and increased home prices. Their recent article on HousingWire shares more about this and how that is impacting this potential flurry of buyers at the beginning of the year.
The final piece that we think is worth keeping an eye on is how institutional buying will impact the market as financial institutions are hedging in residential real estate as it’s the least likely to go down in value.
According to a recent Bloomberg survey, 1 in 5 homes that were flipped by an iBuyer in 2021 were sold to institutional investors. With inventory already at such a low, if this trend continues, when will we see it rise again?
We’ll be watching all of this closely to see how this all plays out but based on these reports last week it appears there will likely be some shake-ups in the market this year.
Buckle up!
The Home Sales Predictor is a set of prediction data that dives into the number of presentations created and the correlated number of U.S. home sales. This data is provided by MoxiWorks with insights from their MoxiPresent product.
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Agents and brokers now have access to enhanced advertising across Facebook and Google with MoxiPromote
Seattle, WA – (January 11, 2022) – MoxiWorks, the leading real estate technology platform, announced today the relaunch of its digital advertising tool, MoxiPromote. MoxiPromote simplifies the sophisticated process of digital advertising, empowering brokers and agents to use lucrative marketing channels like Facebook Audience Network and Google Display Network without having to have significant expertise in these platforms.
With MoxiPromote, advertising dollars go further than with competitors. Other providers typically apply less than 20% of an agent’s budget to actual ad spend, but MoxiPromote puts the agent and their budget goals first. With every dollar spent on ads, more than 50% is applied directly to media spend on their selected channels.
Jim Smoak, MoxiWorks Senior Director of Product Management
“We know how hard you work on your business,” said MoxiWorks’ Senior Director of Product Management, Jim Smoak. “This is why we’re committed to supporting brokers and agents by not nickel and diming them, but by offering an advertising solution that gives you a bigger slice of the pie.”
MoxiPromote also keeps agents ahead of the competition by making digital marking easy for agents, saving them time and expanding their reach. The advertising tool auto-fills listing information and images by pulling up-to-date listing information from MLS feeds via the MoxiCloud and pulls agent information from the brokerage’s roster. As a result, agents can get ads up and running with just a few clicks. Agents are able to expand their sphere of influence, drive awareness to their listings, generate leads, and promote their services as a local real estate expert.
“These new upgrades to MoxiPromote will give agents an even easier to use, sleeker and more intuitive platform for advertising their listings, their offices, or themselves,” said Smoak.
Agents can manage ads across both the Facebook Audience Network and the Google Display Network. Across these platforms, they can run lead gen ads, traffic ads, and always-on campaigns. And, as a cherry on top, MoxiWorks is recognized by Facebook as a Facebook Top Provider.
To learn more about MoxiPromote and how it can benefit your business, visit moxiworks.com.
About MoxiWorks
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.
For more information on this topic and other press inquiries at MoxiWorks, please contact Jordan Barrish at Jordan.barrish@moxiworks.com. The post MoxiWorks unveils upgrades to digital advertising platform, MoxiPromote appeared first on MoxiWorks.
As we close out 2021, hopefully with our loved ones, we are taking one final look back at home sales for this year before we turn the calendar and embark on the next chapter in our industry.
2021 2021 took us on a wild ride as we got a peek at the possibility of new seasonality trends. It was also proof that people’s need for a great home to live their lives, raise their family, and now work, is resilient against almost all other things.
Since October we’ve also been predicting that we will see 6.8 million home sales this year. The last time we saw a year of higher home sales was back in 2005. It’s almost hard to believe after a year of non-stop talk about inventory shortages that the result will be a historic number of transactions.
So what does all of this mean for 2022? First, let’s take our last look at 2021.
November 2021 In November, there were 536K home sales, which was 4% more than we predicted. The result was a 6% decrease in sales from October, but a 2% increase year over year. While we historically see a 2% increase YOY as we saw in 2018 and 2019, in 2020 there was a 24% increase YOY, which means November stayed a hot month even not in the height of a pandemic.
December & January In this final month of 2021, we predict there will be 545K home sales in December which would be a 2% increase from November. In January we predict we will start the year strong with 515K home sales, which would be a 5% decrease from December, but a 27% increase year over year.
Ringing in 2022 As we look ahead to 2022 there are a number of things to consider that will impact transactions. One of the main areas we are paying attention to is inflation, and specifically wage inflation.
As home price decelerates, wage inflation will likely increase affordability therefore causing another strong year of transactions across the country. That’s not to say that all markets will be affordable, but the wage inflation (arguably caused by corporations like Amazon setting the new standard for wages) will have an impact on new homebuyers coming on the market especially in more affordable communities.
Something else that will likely impact the rate of home sales is the Great Resignation. Coldwell Banker recently released a study that revealed the impact the Great Resignation will have on the housing market, particularly in more affordable areas of the country. Around the country workers have indicated they would take a pay decrease in order to live in a more affordable area of the country. So what will that mean for inventory and transactions?
Ultimately, we predict with the deceleration of home prices, wage inflation, and for the foreseeable future, continued low-interest rates, 2022 could be another record-breaking year for home sales.
What role do you play? As more and more ways to buy and sell homes emerge on the market, one thing remains true – buyers and sellers need a trusted advisor. The most recent data from NAR in 2020 stated that “87% of buyers recently purchased their home through a real estate agent or broker” (source). That means 87% of home sales are dependent on all of you.
Continue to nurture your sphere. Be the first person someone thinks of when they are ready to buy or sell, or, even before they are ready. You have the power to make a difference for your clients, your community, and the industry as a whole.
See you in 2022!
The Home Sales Predictor is a set of prediction data that dives into the number of presentations created and the correlated number of U.S. home sales. This data is provided by MoxiWorks with insights from their MoxiPresent product.
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At MoxiWorks, one of our three core pillars is diversity. To honor the diversity among our Moxian community, each month we invite guests to join us to honor different heritage months & commemorative months to help us all learn, grow and be more inclusive. October was Disability History Month in Washington State and in honor of the month, we were so thrilled to welcome special guests from Limbitless Solutions during our monthly Town Hall.
Limbitless Solutions is a nonprofit organization that is increasing accessibility and empowering children and adults in the limb difference community. Technically speaking, Limbitless Solutions uses innovative technology to provide bionic solutions to address accessibility issues to children and adults. Limbitless has provided arms for over 36 children, and are now offering them to adults.
Non-technical talk, Limbitless Solutions is arming children and adults with a super-limb, one that not only looks like one but performs like one.
One of their co-founders, Albert Manero, was gracious enough to give us all a better understanding of what Limbitless does and why it’s so important. He also shared some amazing stories about the kids they have helped. One very special story was about Zachary, who is the son of Moxian, Niko Pamboukas, Sr. Director of Inside Sales.
(Source: The Pamboukas Family)
Zachary was a recipient of a Limbitless bionic arm back in 2015. The impact and friendships Limbitless Solutions has had on Zachary’s has been and continues to be long-lasting.
(Source: Limbitless Solutions)
“Getting selected by Limbitless Solutions really changed my life. It reinforced the belief my family has in me that I can do anything I set my mind to. When I have my bionic arm on, people feel like they can approach me and ask me questions. They also ask questions from a place of positivity instead of a place of negativity and loss. Albert and his team are the best. They really listen and want to know how they can keep making the bionic arm better.”
Moxian Niko shared, “As a parent, you want to know that anyone you work with has your child’s best interest at heart. We’ve built so much trust together with everyone at Limbitless Solutions, that we consider them our extended family in Orlando.
When Zachary was younger, we priced out how much a bionic arm would cost if we had to pay for it ourselves. Cost was anywhere from $25,000 – $100,000. The fact that Limbitless provides this at no cost to the family is truly amazing.”
After receiving his arm from Limbitless, Zachary, alongside his brother Christo, wanted to do something to give back. The brothers created a comic titled “The Bionic Kid” with the mission to pay it forward one comic at a time. All proceeds from comic book sales go directly to Limbitless so that more kids like Zachary can receive their life-changing arm.
“It means that other kids that were born with a limb difference can see there are comic book heroes out there now who were born just like us! I love that I got to write this with my big brother. We love helping others and we are so happy that we get that chance as kids.”
(Source: The Pamboukas family)
Thank you so much to Zachary and Niko, for sharing your experience with Limbitless with us. And special thanks to Limbitless for joining us during our Town Hall.
Interested in supporting this amazing organization? Visit https://thebionickid.com/ to help support Limbitless by purchasing Zachary’s comic book. Or, to learn more, visit https://limbitless-solutions.org/.
The post MoxiWorks Diversity & Inclusion Highlight: Limbitless Solutions appeared first on MoxiWorks.
Happy November — it’s a big month here at MoxiWorks as our Home Sales Predictor turned 1. It’s been an exciting year making predictions, gleaning insights, and up-leveling the data we provide to you to help you and your brokerage become more profitable.
As we round the corner on year 2 of this pandemic and recovery, there will likely be more ebbs and flows in the market, but we are also hopeful that we may be finally be falling into more of a “new normal” when it comes to home sales. Only time will tell, but we’re looking forward to seeing the results.
October Lookback
We predicted there would be 594K home sales in October. The actual was 558K which was a decrease of 4% month over month and 9% decrease in sales year over year. Historically we’ve seen a modest uptick in home sales between September and October (in 2020 there was a 1% increase, 2019 a 3% increase, 2018 6% increase).
There could be a number of reasons we saw this decrease this year. Are we possibly heading into a new seasonality impacted by the pandemic? For example, this year we saw a 35% increase month over month between February and March putting us into a strong Spring season. Is that going to be the new norm?
It’s also entirely possible that the majority of people who were going to move because of the pandemic have amended their housing accommodations for now and will instead be focused on traveling/spending time with family during the holidays.
We were also curious what the steep increase in national home sale prices has looked like over the years and were not all that surprised to see the drastic average difference nationwide the second half of 2020 and into this year.
While the drastic increase has slowed some, with this sustained, overly expensive market, could that also be explaining why transaction velocity may be slowing?
It’s also possible that it’s a combination of these high prices, low inventory, bidding wars and institutional buying have all created pessimism among buyers, especially for first-timers that is causing the slowdown.
Looking Ahead Based on the activity of agents inside MoxiWorks products we predict there will be 513K home sales in November which would be an 8% decrease in home sales from October and a 2% decrease YOY.
In December we predict there will be 521K home sales which would be an increase of 1% from November, but a 9% decrease year over year looking back at 2020. And, if all of this holds true we are still expecting this to be one of the strongest years of home sales with 6.6 million home sales across the U.S.
Close the year strong Whether you and your agents are completely wiped from this banner year, or are still full steam ahead, we know that whether we’re in a pandemic, working through the recovery, or in more precedented times, the market is always regionally and locally specific.
Your local experience matters. What’s happening in your market matters. Be that expert for your sphere. Let them know what’s happening in their area and why now is a good time to buy or sell. You have the chance to make this your best year yet for you and your clients.
Cheers to finishing this year strong!
The Home Sales Predictor is a set of prediction data that dives into the number of presentations created and the correlated number of U.S. home sales. This data is provided by MoxiWorks with insights from their MoxiPresent product.
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On an all-new episode of REAL with MoxiWork’s, Senior Director of Marketing, Maddie Heye, sits down with the President of Windermere, Jill Jacobi Wood. The two discuss career opportunities, paths for advancement, and paths for success in real estate.
The post Episode 19: Opportunities, Advancement, and Success for Women in Real Estate with Jill Jacobi Wood appeared first on MoxiWorks.