MoxiBalance Description
MoxiBalance automates all your agent reporting, so that January 30 is always a smooth sail. The IRS will be imposing new reporting requirements for 1099s in 2023. It's time to end your compliance headaches for good. No more scrambling to provide agents with a report at the end each month. Agents can access their information at any time, and brokerages are able to collect payments via the portal. Print checks or manage direct deposits all in one workflow. Closing templates and reporting templates can be used to handle fixed or variable costs. They can also be used for routine billing, payouts and unique receipts. MoxiBalance allows consumers to deposit earnest money or escrow funds directly into the system. The money is kept separate from everyday items and can be easily refunded at closing. Many brokerages offer competitive splits, cappings, and fee structures. This is a lot of work for admins. Our templates let you apply unique payouts to your account without having to manually calculate.
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