The Power of Choice: Why Brokerages Need an Open Ecosystem

It’s just a fact. No one can be good at everything. That is why we have specialists and experts who perfect their craft. The same goes for companies, brokers, and agents. You can be really good at many things, but anything, person or company that promises to solve all your problems is almost an empty promise guaranteed.

That’s where the open ecosystem comes in.

An open ecosystem benefits everyone. From the vendors who create their technology solutions to the brokerages that choose to work with them and the agents who use them on a daily basis. Opening the options you have to select your technology solutions, but integrating them under one roof opens up a new world of opportunities.

Years ago, when we were building MoxiCloud, we might have decided to go the path that many had done before: try to build an “all-in-one” solution that was actually isolated. Instead, we decided to focus our talents on the few products that we are experts in and then work with other first-class solutions to provide our customers with a comprehensive, best-in-class solution, all under one roof.

Here’s why the open ecosystem works:

You need your own tech cocktail

In our experience, no two brokerages are the same. To that end, each broker must have the power to choose. That means that each brokerage that works with us has the ability to mix its own cocktail of technology.

Corridors A and B may be only a few miles apart, both with MoxiWorks, but they could be (and probably are) operating completely differently than the two solutions choosing to put the content they enter into their tech cocktail. .

It doesn’t benefit anyone to be chained to a few options.

Make sure your technology provides an opportunity for growth

Being driven by an open ecosystem also means more opportunities for growth, knowledge and innovation. It means that when the different companies you work with can work directly with each other to innovate, everyone wins!

We work with more than 150 integrated solutions. This opens up the opportunity for more collaboration, more innovation, and new ideas. We all win when we work together to improve our industry.

“What got you here won’t get you there.”

This Marshall Goldsmith quote is painted on the wall outside my office and I strongly believe it. And it’s a big reason why we made the very intentional decision to go the open ecosystem route. Working with so many other talented organizations helping our clients do more gives us more inspiration and helps us avoid stagnation. And the same goes for our clients. They have the opportunity to work with any number of partners that connect directly to their MoxiWorks solutions, always with the opportunity to mix things up and try a new recipe, all while always fully owning their data.

This is the healthy side of the competition.

This is such an exciting time to be in the real estate space and especially for those of us in the tech space. The amount of advancements, improvements and innovation along the way means that we are on the verge of something even more special here and we believe it is especially true for those providers and brokerages that believe in an open ecosystem.

More information about the MoxiCloud platform.

About MoxiWorks

MoxiWorks provides a comprehensive open platform to more than 800 brokerages and 400,000 agents. With a proven 54% increase in referral and repeat business for agents, MoxiWorks also reduces overall brokerage support, training and technology costs. The MoxiWorks support team, located at their Seattle headquarters, consistently sees satisfaction rates above 90%.

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