9.0/10 (295 reviews)
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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.
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Rex Software is the purpose built platform for all your estate agency needs. Designed to help you list, sell, rent, and manage properties more efficiently than ever before. Revolutionise the way you do property sales with Rex.
- What Is Rex Real Estate?
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- Rex vs. Traditional Realtors
- Selling with Rex
- Buying with Rex
- Rex Real Estate reviews: Pros, Cons, and Areas of Concern
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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%
With REX you get a dedicated licensed REX agent who will help price your home, provide a complimentary professional photoshoot, host showings and open houses, and everything else you need up through the sale of your house. Traditional agents are judged by how much they make.
Apr 8, 2018 · Using big data, artificial intelligence, and machine learning, REX, takes care of everything both buyers and sellers need, and only charges a 2% fee. Our data-fueled marketing, seamless transaction engine, and licensed REX Agents sell homes faster, create better experiences, and yield huge savings for residential home buyers and sellers.
Jan 18, 2023 · REX Real Estate is a low-fee broker with licensed agents who can help you sell or buy a home in select markets across 12 U.S. states and Washington, D.C. Unlike most other discount brokers, REX doesn't create savings by offering reduced listing fees. Instead, the brokerage tries to reduce the 2.5–3% buyer's agent commission.
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.
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