Opendoor and MoxiWorks enter partnership to help agents

February 2, 2020
Share this Post: 

The strategic partnership looks to connect Moxi users with Opendoor listings by automating offer estimates.

The two real estate companies have a goal to arm agents with cash offers for homes.

Leading proptech firm, MoxiWorks, along with property portal, Opendoor, have jointly announced a new partnership offering brokerages and their agents a better way to use the MoxiCloud suite. This seamless integration connects the two platforms to arm agents with tools to gather cash for homes for their clients.

York Baur, CEO, MoxiWorks, said:

“MoxiPresent has already helped agents win over 10% of the listings in the US last year, and adding Opendoor’s innovative technology will make it even better. MoxiWorks is about helping agents be great, and that means serving as a trusted advisor to clients as they contemplate the sale of their home. Opendoor allows the agent to offer choice, and help the consumer choose the path that gets them the best outcome for their situation.”

Users on MoxiCloud, with this integration, can gather and present automatic offer estimates from Opendoor to their clients. These estimates are of qualified homes within their comparatice market analysis, or CMA, MoxiPresent.

MoxiPresent is a simplified presentation builder that creates CMAs, as well as open house presentations, neighborhood tours, relocation presentations and buyer tours. MoxiPresent also includes instant offers and updates on offers from both agents and clients with Opendoor.

Tyler Hixson, Director of Real Estate Partnerships and Strategy, Opendoor, said:

“As technology transforms how people buy and sell homes, we believe it’s also carving out an even stronger opportunity for agents to serve as true advisors to their clients We envision more agents incorporating iBuying into their business strategies, and empowering their clients with more certainty and choice. Our partnership with MoxiWorks is yet another way agents are able to provide home sellers with the options they need to make the best decisions for themselves and their families.”

Opendoor’s mission is to empower everyone with the freedom to move and has helped more than 65,000 customers buy, sell, or trade-in a home.

MoxiWorks’ customer retention over the past seven years stands proudly at 96%. 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.

SOURCE OpenDoor
Edited by V. Haviland

 

February 2, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Gumtree 1
Gumtree UK Quietly Sold to Chinese Owners of Classifieds Giant 58.com

O3 Industries and Novum Capital have sold their stake in Gumtree.com Ltd to Asian private equity firm Ocean Link and...

Read More
Fdv Results 1
Revenue Up 3%, EBITDA Down at Frontier Digital Ventures as Tough Conditions Bite in Q4

The Malaysia-based marketplace operator Frontier Digital Ventures has revealed that it saw 3% revenue growth in 2024 while EBITDA shrunk...

Read More
Hemnet Growth 2
Hemnet Q4 and FY 2024: ARPL Jumps 42% as Operating Profit Hits $57 Million

Swedish real estate portal operator Hemnet has released its interim report for the final quarter of 2024, boasting typically strong...

Read More
Product Update 2025Jan31 3
Product and Services Roundup: Housing.com, Dubizzle, Bayut, Jitty, OneDome, Immobiliare.it, Rocket

We'll start this week's roundup in Asia, where REA India is investing heavily in AI and virtual staging...   Asia:...

Read More

Editor's Pick