REX, a real estate brokerage that pays agents salaries and charges only 2 percent for listing commissions, has raised $40 million in a C1 funding round, putting it over the $115 million mark in total. Continue reading
Discount broker Savvy Lane uses a small team of remote, tech-powered agents and 1 percent listing fee to win deals. It also facilitates a for-sale-by-owner option with low-fee MLS listings. Continue reading
Padx, a cloud-based real estate brokerage with an IDX-fed property search portal for home shoppers, is offering real estate agents an alternative to the traditional commission-based model that might be the perfect gig for agents — or maybe not. Continue reading