Compare MoxiBalance vs. Rent Application

MoxiBalance fully streamlines your agent reporting process, ensuring that January 30 is effortlessly managed. With 2023 introducing stringent 1099 reporting requirements from the IRS, now is the perfect moment to permanently resolve your compliance challenges. Say goodbye to the last-minute rush at month-end when preparing reports for agents. Whether it's cap status or commission details, agents can conveniently access their information at any time, while brokerages can manage payments directly through the dedicated portal. You can easily print checks or manage direct deposits within the same streamlined workflow. Our closing and reporting templates effectively address both fixed and variable costs, facilitating routine billing and payouts as well as handling unique, one-time receipts with ease. Additionally, MoxiBalance can directly collect earnest or escrow funds from consumers, ensuring that these funds are kept separate from daily transactions, making it simple to return that money at the closing stage. As many brokerages are navigating competitive splits, capping, and fee arrangements, this often translates to a considerable amount of manual effort for administrative staff. Our templates enable you to implement customized payouts without the need for tedious calculations, enhancing efficiency and accuracy in your operations. Experience the transformative power of MoxiBalance as it takes the stress out of agent reporting and payment processes.

The Rent Application offers a tailored solution that enhances your agents' efficiency while minimizing risk. You can send applicants through ActiveLink directly using our platform, via text message, or even integrate it into your personal website or MLS listing. Our intelligent routing system ensures that funds are processed automatically and deposited into your account; it also organizes reports and sends notifications to the appropriate agent. Agents have the convenience of sharing applications and reports with their clients seamlessly. Within the platform, applicants can either be approved or receive an adverse action letter, all while the application audit history is logged automatically to lower liability risks and ensure compliance with FCRA regulations. You have the flexibility to customize permissions for employees, agents, and clients to suit your company's specific requirements. Collaborate with our dedicated team to tailor the rental application process to fit your agency's unique workflow. Additionally, we utilize various channels to verify employment history, past residences, income, and confirm their corporate email addresses, thereby enhancing the reliability of the application process. With these features, agencies can operate more efficiently and with greater confidence in their applicant screening practices.