MoxiWorks is evolving from a traditional software provider to a comprehensive sales and marketing platform for real estate agents, marked by the sale of MoxiBalance, now to be known as Vero. Managing nearly $2 billion in transactions for over 20,000 agents across North America, Vero's rebranding and integration with Upfront signal a strategic alignment to improve financial solutions for agents. Ishtyaq Ahmed, the former head of MoxiBalance, joins Upfront to spearhead these efforts. Together, the companies aim to enhance agent necessities and transform back-office operations into profit-driven services.
The sale of MoxiBalance aligns with our strategic transformation to provide innovative software solutions that adapt with the ever-changing needs of agents.
I'm thrilled to join forces with Upfront, a company built from the ground up to solve real financial pain for brokerages and agents.
We will turn the back-office from a cost-center to a profit-center, while bringing agents new innovations to manage their commissions, taxes, investments and more.
MoxiBalance is a great platform, and we are excited to add (Ahmed) and his 10 years of back-office experience to our team in this deal.
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