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Attorney John McConnin gives the thumbs up to the Rex model when you use it as part of the proper home selling sequence. Just make sure you don't get locked...
Keep more of the equity when you sell your home with REX. Top local agents. Better service. Lower fees. Use our home pricing tool to calculate your savings.
- I want to create a listing, but I don’t want to publish it to the portals (... or to emails, or to my website) There are lots of reasons why you wouldn’t want to your newest listing published here, there and everywhere.
- I want to hide the sold price. Maybe the buyer doesn’t want their stickybeak family and friends to know how much they’ve paid. Or maybe you want to generate more enquiries.
- I want to re-list a property. So, you’ve sold a house and the lucky buyers were so impressed with you that they want you to sell it again. Great news! Or, maybe you’re a property manager who’s new tenants threw an epic(ly destructive) housewarming party - and you’re now looking for a young family to take their place.
- I want to create a vendor report. “Our house sold so quickly! Can you discount your commission? You barely had to do anything!” How many times have you heard that one?
- 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
- Related Links
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%
Dec 7, 2020 · Rex Real Estate - WHAT YOU SHOULD KNOW BEFORE SELLING YOUR HOME WITH REX REAL ESTATE! In this video I share my personal experience with Rex Real Estate. I go...
- 9 min
- 296
- Jason Moscato, REALTOR HomeSmart Elite
You pick whatever way works best for you and your situation when it comes to how you sell. I guess that’s why I like outliers like Rex. The more options available to consumers the better.
People also ask
Why should I sell my home using REX?
How does Rex real estate work?
Is Rex real estate a good brokerage?
Is listing with Rex real estate a good idea?
How does Rex work if a buyer doesn't use a realtor?
Does Rex real estate offer a discount?
1. Overpricing your home. Zoopla, a property listing website, analysed property listings in England and Wales over 2018 and compared this with the final prices the properties sold for listed on the Land Registry.
