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RISMedia: Technology Simplified
CLICK HERE TO READ THE FULL ARTICLE. Having been in real estate for more than 35 years, Bill Gamelli, executive vice president, Customer Acquisition & Product Innovation for William Raveis Real Estate, Mortgage & Insurance in Middletown, Conn.—No. 8 in sales volume in RISMedia’s 2018 Power Broker Report—is no stranger to the wants and needs of his clients. And he’s found great value for both the brokerage and its clients by utilizing MoxiWorks.
“It’s been an integral part of the foundation of the new technology platform we’re establishing,” says Gamelli, “and we’re working hard to embed the Moxi products into the culture of our company.”
Inman News: MoxiWorks blasts Compass for agent productivity claims
CLICK HERE TO READ THE FULL ARTICLE. From Inman News: MoxiWorks CEO claims Compass agents become 16% less productive when they move to the company.
MoxiWorks, an open real estate tech platform funded by two of the top three regional brands in the country, took a sharp jab at Compass this week, claiming its agents report a 16-percent decline in productivity shortly after moving to the New York City-based national brokerage.
The charge comes on the heels of a June CNBC interview with Robert Reffkin, in which the Compass CEO made several claims that drew ire from many in the real estate industry, including a bold statement that agents at the tech-forward brokerage net a 24.9-percent boost in transactions in their first year.
“We’re the only company that is empowering agents,” Reffkin said during the interview. “Our only customer is the agent.”
The remark drew the suspicion of MoxieWorks Chief Executive York Baur, who promptly dug into the first six months of Compass’ agent productivity.
MoxiWork’s data scientist, according to a spokesperson for the company, took data from all listings sold on or after Jan. 1, 2016. The analysis only included agents who stayed with Compass at least six months and had “substantial” transaction records before or during their Compass tenure, but the company did not elaborate on what it considered “substantial.” The same six-month period was used year-over-year to adjust for seasonal market shifts.
Real Estate Technology: 32 Leaders on the Biggest Trends
CLICK HERE TO READ THE FULL ARTICLE. These leaders told us about a wide spectrum of innovations such as Artificial Intelligence (AI), Machine Learning, Big Data Analytics, 3D Cameras & Augmented Reality, Chatbots, Social Media, Mobile Technology, CRM and so on. Each of these elements has multiple applications that are enabling residential and commercial real estate professionals and their clients to achieve their goals faster.
GeekWire 200 August update: Top startups juice real estate market with HQ moves
CLICK HERE TO READ THE FULL ARTICLE. The latest highlights and hottest startups from the GeekWire 200, our monthly ranking of Pacific Northwest tech companies. Click here for the full GeekWire 200 ranking.
One Year of MoxiWorks at Jim Maloof/Realtor
CLICK HERE TO READ THE FULL ARTICLE A quick update on the incredible tech platform I’ve been working on for 365 days – and how it is setting Jim Maloof/Realtor agents apart from their competitors. This has been a true labor of love – identifying the “best-fit” vendor for our large, local, market-leading brokerage – and introducing agents to its easy-to-implement tools. It is re-defining how we engage and serve our clients and making our agents more productive.
Making Brokers the Center of the Universe
CLICK HERE TO READ THE FULL ARTICLE What was born and bred within a forward-thinking brokerage now stands as one of the most well-entrenched technology players in the residential real estate industry. Since its launch as an independent entity in 2012, MoxiWorks has gone from serving its parent, Windermere Real Estate, and its 6,000 agents, to providing its open-platform, Cloud-based system, which allows data to be shared among tools from any vendor, to more than 60 brokerages and 110,000 agents across the country. And along the way, MoxiWorks has been joined by more than 40 platform partners.
The Problem with Compass: “We’re About the Agent”
CLICK HERE TO READ THE FULL ARTICLE You may have seen the open letter to Compass by MoxiWorks’ CEO, York Baur. I happen to agree with pretty much everything he says. In short, Compass’ tech strategy of choosing best of class vendors and stitching them together (along with developing some proprietary tech) is not new. MoxiWorks is one of several companies has been doing it for a long, long time.
“Trash-talking” and “distortion”: What a tech rival is saying about Compass
CLICK HERE TO READ THE FULL ARTICLE CEO of MoxiWorks claims his competitor has overstated its market share, agent retention rate.
MoxiWorks CEO Calls Out Compass for ‘Trash-Talking’ Real Estate Industry
CLICK HERE TO READ THE FULL ARTICLE RISMedia has obtained the following open letter from MoxiWorks CEO York Baur to Compass, a technology-centric real estate company based in Manhattan.
