Real Estate

Moxyworks replaces CEO with AI startup executive

Eric Elfman previously founded Onit, which focuses on artificial intelligence and workflow automation. Former Moxyworks CEO York Bauer remains on the company’s board.

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Real estate marketing and technology company MoxyWorks announced Monday that it has hired a new CEO, while former chief executive York Bauer will remain on the company’s board.

Eric Elfman

The executive switch-up puts Eric Elfman at the helm of the company. Elfman comes to MoxiWorks from Onit, where he served as co-founder and CEO from 2010 until February of this year, according to his LinkedIn page. A MoxiWorks statement said Onit focuses on “AI, workflow automation, and enterprise legal solutions,” adding that Elfman grew the company’s revenue “from $0 million to $100 million.”

In the statement, Elfman said he was “honored” to join MoxiWorks.

“While I am new to real estate, I am acutely aware that I am joining MoxiWorks at a time of tremendous change in residential real estate,” continued Elfman. “We are committed to helping our community successfully navigate these changes, so they have access to the latest technology to help maximize productivity and success.”

Efelman also said in the statement that MoxiWorks will “soon have a new platform that supports the future with the core capabilities of the past,” and that current challenges in the industry “really require brokerages and agents to rethink need to.”

MoxiWorks provides marketing and technology services to more than 800 brokerages and 400,000 agents, according to a company statement. The company offers services ranging from lead generation and back office solutions, and its website claims the offerings allow agents to win more listings.

The company also operates a partner network for proptech companies, among other things.

In a statement Monday, Rob Amen — a MoxiWorks board member and managing director of VectorCapital, which has invested in the company — celebrated Elfman’s arrival, saying he had “growth in the vertical software business.” Has a proven track record in increasing momentum and increasing market share.”

York Bauer

Bauer was also excited about the leadership changes.

“I’m proud of all the work we’ve accomplished over the past 12 years and know this move will help propel MoxiWorks to the next stage of growth,” Bauer said in the statement. “The board and I believe Eric’s experience and strategic vision make him the right person to drive our innovative product strategy and accelerate growth.”

Email Jim Dalrymple II.

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