RexMLS – MLS on Steriods – Listing, Buying, and Selling Real Estate on a Blockchain
Finding Genius Podcast
Richard Jacobs
4.4 • 1K Ratings
🗓️ 3 May 2017
⏱️ 30 minutes
🧾️ Download transcript
Summary
Stephen King, founder of RexMLS, wants to unite owners, vendors, buyers and agents, powered by a blockchain back end, that even incentivizes them for posting property listings on RexMLS. REX is a combination of three advanced technologies: blockchain, distributed ledger tech, and a "rex" token (with monetary value) to create the world's most advanced Global Real Estate Listing Service.
Listen to this thrilling interview and discover how real estate 2.0 will be Rex MLS' contribution to society.
Transcript
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| 0:00.0 | Welcome to Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs. |
| 0:07.0 | Future Technologies are always to transform our lives for better or worse, or the focus of this podcast. |
| 0:13.0 | Almost here means these technologies are now here and starting to be used. |
| 0:18.0 | We're just around the corner. |
| 0:19.0 | From Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more. |
| 0:25.9 | Hi, this is Richard Jacobs with Future Tech podcast. Today I'm talking to you, Stephen King. He's with a company called RexMLS, R-E-X-M-L-S.com. |
| 0:36.9 | We're going to talk about the intersection of real estate and the blockchain. |
| 0:40.9 | Steve, how are you doing? |
| 0:42.6 | I'm great, Richard. |
| 0:43.4 | How are you today? |
| 0:45.3 | Good, good. |
| 0:46.2 | That's who coming. |
| 0:47.8 | Yeah. |
| 0:48.3 | So if you would, let listeners know, you know, |
| 0:52.5 | so let listeners know what are you doing in the real estate world and how does blockchain technology come into play? |
| 0:59.7 | Yeah, so I've been around real estate my entire life. |
| 1:05.5 | My dad is an architect and an engineer turned developer. |
| 1:15.9 | So I've been on construction sites since I was about five years old. And I learned from a very early age that the real estate business or the real estate transaction |
| 1:23.1 | is a complicated beast. |
| 1:25.8 | So as I got older, I thought a lot about how computers could make that process more |
| 1:32.9 | efficient, more so as it applies to design approvals and entitlements. |
| 1:39.1 | So fast forward to 2012, and I joined my dad's firm, who's a small firm, and the first thing I realized was we were paying about $10,000 a year for real estate data. |
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