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Discount real estate brokerage
- REX Homes is a discount real estate brokerage that offers reduced realtor commission rates for home sellers. REX claims it can sell your house for a 2.5% commission fee, compared with the 5-6% average real estate commission rate that real estate agents typically charge.
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What is Rex? We love to help people through the greatest decisions in their life. The buying & selling of their home. Call us today to get started (855) 342-4739.
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Find a home, see it and get your offer accepted the same day. With our dedicated team of agents and digital tools, finding the right home and scheduling a showing is quick and easy. We've eliminated the old school methods that slow everything down and contribute to frustration.
Keep the equity when you sell and get more savings when you buy. REX is everything you need to buy, sell, finance, manage, insure, and save on your next home.
May 22, 2023 · In this blog post, we will delve into the rise and fall of REX Homes, their reliance on third-party technology, the misleading claims they made, and ultimately, why the tried and true MLS remains the optimal choice for sellers looking to achieve the highest sale price for their homes.
- What Is Rex Real Estate?
- How Does Rex Work?
- Rex vs. Traditional Realtors
- Selling with Rex
- Buying with Rex
- Rex Real Estate reviews: Pros, Cons, and Areas of Concern
- Rex Alternatives to Consider
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REX Real Estate’s business model attempts to help home sellers save on realtor commissions by cutting the buyer’s agentout of the equation. In a typical home sale, the seller offers 5-6% of the home’s sale price in total commission fees. The seller’s agent and buyer’s agent split these fees, each earning 2.5-3%. If you sell with REX, you’ll still p...
Most discount real estate brokeragescreate savings by lowering their listing fees and offsetting those discounts with various cost-cutting measures. REX’s strategy is different — and in our opinion, FAR riskier. REX doesn’t charge “less” than the other guys. Its 2.5% listing fee is roughly what you’d expect to pay a traditional listing agent. When ...
REX’s website claims its agents offer the “greatest service” at the “lowest cost.” But the truth is that listing with REX comes with HUGE disadvantages compared to listing with a traditional realtor.
In some respects, listing with REX should be a comparable experience to selling with a traditional brokerage. Your agent — or another REX team member — will assist you during each stage of the process. This includes support for things like: 1. Pricing 2. Professional photography 3. Open houses 4. Reviewing offers 5. Negotiating with buyers 6. Closi...
REX also offers savings for home buyers — but only if you’re buying a home that’s NOT listed by REX. If your purchase qualifies, you could earn a commission rebate worth up to 1.5% of the sale price. Lots of discount services offer home buyer rebates. These refunds always come with many terms and restrictions, so read the fine print to verify that ...
As REX Homes reviews show, this company offers some advantages compared to traditional real estate brokerages. But it’s important to weigh those benefits against the risks. Only then can you decide if REX is your best option, or if another discount serviceprovides superior value.
Although it claims to offer the “lowest fees” in the real estate industry, many REX Real Estate competitors offer much better value with a LOT less risk.
If you’re looking to save on realtor commission, REX Homes may not be your best option. We recommend reading the following resources to learn more about alternatives that offer better savings with fewer risks. What Companies Offer the Lowest Real Estate Commission Fees?: Which companies actually offer the lowest commission fees? Compare your option...
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- 2.5% (min. $9,000)
- 2.5-3%
- 5-5.5%
Jan 18, 2023 · REX Homes is a discount real estate brokerage that offers reduced realtor commission rates for home sellers. REX claims it can sell your house for a 2.5% commission fee, compared with the 5-6% average real estate commission rate that real estate agents typically charge.
2 days ago · Expressions of interest for the school close on November 8. Embattled airline Regional Express is selling its southern New South Wales flight school in a sale that could raise $17 million for the ...
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