REX is using artificial intelligence and big data to disrupt the traditional real estate brokerage model, providing dramatically better outcomes and experiences for home buyers and sellers at a 2% cost instead of the traditional 5% to 6%. REX has substantially built the business in the cloud, with human involvement catalyzed by data and AI. In addition, REX employs the data that it collects to rationalize the purchase of mortgages, home insurance, escrow and other services, serving to greatly ease and reduce the cost of the home sale and purchase process. The data REX collects also allows it to manage the home as consumers’ largest asset over their lifetimes.
The Company has experienced explosive growth in its initial markets of California, New York, New Jersey, Texas, Colorado and Florida, growing 3-4X per year and expecting revenues of $60 million in 2020 and $100 million+ in 2021. REX is profitable on both a unit economics basis as well as in the cities where it has been operating for over a year. It is launching in 13 cities this year as it expands nationwide.
REX closed on its Series C financing of $50 million in December of 2018 to solidify its nationwide expansion into a targeted 70 markets across the United States by 2022. Backed by some of the most successful founders and CEOs in the country, REX is preparing for an IPO in the next 1-2 years.
About the Position:
The Chief Financial Officer, reporting to the Chief Executive Officer, will help shape the company’s strategy and manage all company financial matters.
Based in one of our 3 offices: Woodland Hills, CA / Redwood City, CA / Austin, TX
What You’ll Do:
What You Need:
Compensation and Benefits:
REX offers an attractive salary and health benefits with an equity stake in this fast-growing tech company.
Annual Bonus + Stock Options + Paid Time Off
A Bit More…
As a pioneer in our industry, REX is setting new standards in the marketplace – for quality, innovation, integrity, professionalism, drive, consumer happiness, and social good. Our culture, together with our business vision and goals, serve as an orientation for leadership and a guide for how we conduct ourselves in day-to-day business. They also form the foundation for hiring, encouraging and rewarding great people. In addition, REX has been committed to doing good things for real estate consumers and to providing homes for those in the greatest need, wherever they may be. For every 50 homes we sell, we provide a home for a family in need. We funded the construction of our first home at the end of 2015 and have since put roofs over the heads of a dozen homeless families in three countries and built a school for orphans in Cambodia.