Low-fee brokerage REX set to expand into 4 new metro markets

REX, a well-funded brokerage out to bypass the MLS, announced on Wednesday expansions into the Boston, Chicago, Phoenix and Washington, D.C., metro areas.

Discounter REX expands into Philly — buyer brokers beware

Fresh off a $45 million funding round, rabble-rousing discount brokerage REX is expanding to the Philadelphia area, the company announced this week.

National Association of Realtors takes on ‘Wall Street Journal’ op-ed

The National Association of Realtors and real estate tech startup REX are duking it out over the value of Realtors in the pages of “The Wall Street Journal.”

Tech startup REX raises $45M, plans expansion into new markets

REX, a tech startup that relies on artificial intelligence, has raised $45 million with an eye toward expanding into new markets.

Why the MLS isn’t dead, and why backers say that’s good for consumers

A recent piece in Forbes suggested the multiple listing service is on its way out thanks to startups such as REX, but backers tell Inman they’re not worried

Why the MLS isn’t dead, and why backers say that’s good for consumers

A recent piece in Forbes claims MLSs are not relevant to buyers because they have other places to go for listing information and are doing more of the work that agents used to do themselves and that new technology like big data and AI is doing the work…

Rex Real Estate raises $15M, boasts 2% listing fee

Brokerage eschews MLS listings to save on costs and charges homesellers a 2-percent flat fee as opposed to the industry average of 5 to 6 percent …