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REX Stock
Digital platform for homeowners to list, discover, and purchase homes outside the MLS
About REX Stock
Founded
2014
Headquarters
Woodland Hills, CA, US
Total Funding
70.5M
Industries
Software, Artificial Intelligence, Data and Analytics
REX is a digital platform and real estate service where homeowners can list, discover, and purchase homes outside the MLS. REX circumvents the existing infrastructure, which aims to deliver more efficient process and faster sales. As a full-service real estate company not using the MLS, REX claims to save sellers $25,000 in fees on average by charging just 2% in sales commission, versus the 5-6% of traditional agents.
REX Management
Leadership team at REX
Co-Founder & CTO
Charles Tseng
Associate Designer
Jazmin Infante
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How to invest in REX stock?
Accredited investors can buy pre-IPO stock in companies like REX through EquityZen funds. These investments are made available by existing REX shareholders who sell their shares on our platform. Typically, these are early employees who need to fund a life event – house, education, etc. Accredited investors are then offered the opportunity to invest in this stock through a fund, like those used by hedge funds serving large investors. While not without risk, investing in private companies can help investors reach goals of portfolio diversification, access to potential growth and high potential return. Learn more about our Guided Investment process here.
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Shareholders can sell their REX stock through EquityZen's private company marketplace. EquityZen's network includes over 320K accredited investors interested in buying private company stock. Learn more about the easy and guided Shareholder process here.
If I invest, how do I exit my investment?
There are two ways to exit your private company investment on EquityZen's marketplace. The first is if the company has an exit event like an IPO, merger or acquisition. In that case, we will distribute the shares and/or cash to you directly. The second way is through an Express Deal on EquityZen, if eligible. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen's marketplace. More information on Express Deals can be found here and exit information can be found here.
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