Tag Archives: rex

The other real estate company named Rex just laid off 4% of its staff

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The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector. Continue reading →

Court thwarts NAR, orders execs to turn over evidence in REX case

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The brokerage argued that Bob Goldberg and Katie Johnson, among others, were responsible for NAR policies “limiting both how homes are listed online and the negotiation of commissions.” Continue reading →

REX seeks court order for Zillow listing data on FSBOs

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Court sets new trial date for June 5, 2023, as the legal battle over the National Association of Realtors’ no-commingling rule continues. Continue reading →

Court orders REX to give Zillow list of employees who kept laptops

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Zillow had emphasized that the information contained on the laptops of REX’s former employees could potentially point to other reasons for REX’s downfall unrelated to Zillow or NAR. Continue reading →

Zillow to REX: Let’s unite against NAR’s ‘no-commingling rule’

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A legal battle of wills rages on as the three parties have motions to compel pending before the court. On Tuesday, REX pushed back against Zillow’s motion to compel, calling it a “fishing expedition.” Continue reading →

MLS-listed homes sell for more, a new study claims. But there’s 1 twist

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Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale. Continue reading →

Colorado MLS first to rescind controversial listing display rule

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After nearly two decades, REcolorado has eliminated NAR’s optional no-commingling rule, which is the subject of an antitrust lawsuit. Continue reading →

Zilllow seeks court order over REX laptops allegedly kept as ‘severance’

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Zillow on Friday filed a motion to compel REX to identify employees who left the discount brokerage with laptops that could hold evidence relevant to an ongoing antitrust lawsuit. Continue reading →

Homebuyers sue REX after losing $140K in wire fraud scam

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The complaint alleges negligence and breach of fiduciary duty after an unknown third party impersonated the brokerage’s title company and sent the buyers fraudulent wiring instructions. Continue reading →

Commission study paid for by HomeServices comes under fire

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The study argues that decoupling commissions would harm first-time, low-income, and minority buyers, but critics like the Consumer Federation of America say it’s based on a faulty premise. Continue reading →