REX

REX is a digital platform and real estate service where homeowners can list, discover, and purchase homes outside the MLS.
Woodland Hills, California, United States

Categories Commercial Real Estate, Real Estate, Real Estate Investment
Headquarters Regions Greater Los Angeles Area, West Coast, Western US
Founded Date Sep 2014
Founders Charles Tseng, Jack Ryan, Lynley Sides
Operating Status Active
Funding Status Late Stage Venture
Last Funding Type Series C
Number of Employees 51-100
Also Known As REX
Legal Name Real Estate Exchange, Inc.
IPO Status Private
Company Type For Profit
Website www.rexhomes.com

REX is a digital platform and real estate service where homeowners can list, discover, and purchase homes outside the MLS.

Using data and technology never before seen in real estate, REX goes around the existing infrastructure to deliver more efficient process, faster sales and tremendous savings, while capturing data and getting smarter with every home sale. As the only full-service real estate company not using the MLS, REX is saving sellers $25,000 in fees on average by charging just 2% in sales commission, versus the 5-6% of traditional agents.