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Insights

Cutting-edge Technology REX leverages AI and big data to match sellers and buyers accurately and reduce costs, providing a superior outcome at one-third the cost compared to traditional brokers. Technology-driven approach can appeal to tech-savvy clients seeking efficient and cost-effective solutions.

Competitive Pricing By covering both sides of the transaction instead of charging the standard 5-6% commission like traditional brokers, REX offers a cost-effective alternative. This competitive pricing model can attract budget-conscious buyers and sellers looking to save on real estate transaction costs.

Financial Performance REX's impressive financial results, such as surpassing earnings and revenue estimates in recent quarters, demonstrate a strong financial health. This financial stability can instill trust in potential clients looking for a reliable and successful real estate partner.

Market Expansion Through participation in key investor events and successful fundraising initiatives like the REX Retail Offer, REX shows a commitment to growth and expansion. This market expansion signals potential opportunities for collaboration or investment in the company's future ventures.

Differentiated Service Model REX's unique service model where licensed agents are salaried and customer-focused can appeal to clients seeking personalized and dedicated service. The customer-centric approach and simplified processes can attract individuals looking for a distinctive real estate experience.

Similar companies to REX

REX Tech Stack

REX uses 8 technology products and services including MySQL, Font Awesome, Google Cloud, and more. Explore REX's tech stack below.

  • MySQL
    Database
  • Font Awesome
    Font Scripts
  • Google Cloud
    Infrastructure As A Service
  • Chart.js
    Javascript Graphics
  • Open Graph
    Miscellaneous
  • Google
    Miscellaneous
  • Java
    Programming Languages
  • MediaElement.js
    Video Players

Media & News

REX's Email Address Formats

REX uses at least 1 format(s):
REX Email FormatsExamplePercentage
FLast@rexhomes.comJDoe@rexhomes.com
96%
First@rexhomes.comJohn@rexhomes.com
2%
FL@rexhomes.comJD@rexhomes.com
1%
FMiddleLast@rexhomes.comJMichaelDoe@rexhomes.com
1%

Frequently Asked Questions

Where is REX's headquarters located?

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REX's main headquarters is located at 3300 N Interstate Hwy 35 Suite 149 Austin, Texas 78705 US. The company has employees across 6 continents, including North AmericaAsiaEurope.

What is REX's phone number?

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You can contact REX's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is REX's stock symbol?

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REX is a publicly traded company; the company's stock symbol is REX.

What is REX's official website and social media links?

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REX's official website is rexhomes.com and has social profiles on LinkedIn.

How much revenue does REX generate?

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As of September 2024, REX's annual revenue reached $300M.

How many employees does REX have currently?

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As of September 2024, REX has approximately 201 employees across 6 continents, including North AmericaAsiaEurope. Key team members include Chief Executive Officer: J. R.Co-Founder, President/Coo & Director: L. S.Ceo: J. R.. Explore REX's employee directory with LeadIQ.

What industry does REX belong to?

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REX operates in the Real Estate industry.

What technology does REX use?

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REX's tech stack includes MySQLFont AwesomeGoogle CloudChart.jsOpen GraphGoogleJavaMediaElement.js.

What is REX's email format?

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REX's email format typically follows the pattern of . Find more REX email formats with LeadIQ.

How much funding has REX raised to date?

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As of September 2024, REX has raised $10M in funding. The last funding round occurred on Mar 22, 2022 for $10M.

When was REX founded?

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REX was founded in 2014.
REX

REX

Real EstateTexas, United States201-500 Employees

WE ARE CHANGING THE WAY PEOPLE BUY AND SELL HOMES

Over the last 20 years, the Internet has changed the way we live, from booking travel to watching movies, and from paying taxes to banking. Online transactions are faster, cheaper to execute, more convenient, and generally more secure. Residential real estate, by contrast, remains stuck in a high-cost business model that pre-dates the Internet and remains stubbornly resistant to change. Harnessed properly, technology can help a lot – already, nearly 90% of consumers looking for a home go to sites like Zillow or Google to find and eventually select the properties that best suit their needs.

We created REX in 2015 to bring residential real estate into line with today’s expectations by using AI and big data to push past the outmoded practices of traditional real estate brokers to provide a superior outcome for both buyers and sellers at one-third the cost. So how does REX do it? We use data modeling and machine learning to match sellers and buyers of homes as accurately and speedily as possible on Zillow, Google, Facebook, and more. And by doing that, we can reduce costs for all involved - REX covers both sides of the transaction instead of the 5-6% charged by traditional brokers.

Unlike traditional brokers, REX licensed agents are salaried and incentivized to satisfy customers rather than to just close transactions in pursuit of a fast commission. Our team partners with sellers and buyers from listing to close, and shares with them the information they need via an easy-to-use web dashboard. REX is uniquely designed to simplify all of the moving parts, helping consumers with escrow, titling, service connections, mortgage and insurance shopping and keeps securely in the hands of the buyers and sellers all of the data related to the home and legal and financial information related to the transactions.

Section iconCompany Overview

Headquarters
3300 N Interstate Hwy 35 Suite 149 Austin, Texas 78705 US
Phone number
Stock Symbol
REX
Founded
2014
Employees
201-500

Section iconFunding & Financials

  • $10M

    REX has raised a total of $10M of funding over 7 rounds. Their latest funding round was raised on Mar 22, 2022 in the amount of $10M.

  • $100M$1B

    REX's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $10M

    REX has raised a total of $10M of funding over 7 rounds. Their latest funding round was raised on Mar 22, 2022 in the amount of $10M.

  • $100M$1B

    REX's revenue is in the range of $100M$1B

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