SOTM 12: Discount Brokerage REX Raises $45M and Realtor.com Replaces Lead-Gen with Opcity

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6 • 864 Ratings

🗓️ 27 March 2019

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discount brokerage REX raised an additional $45 million in funding – money they may use to fuel further expansion efforts. With REX’s flat 2 percent fee, this could be bad news for agents who rely on traditional co-op splits. Listen to today’s State of the Market podcast and learn what REX’s success might mean for you. Plus, hear about Realtor.com’s decision to replace its lead-gen with Opcity in select markets, why Remine laid off two-thirds of its sales staff, and more! Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0	So the big question is this, how do most agents who don't have access to the secrets that the top agents hoard to themselves grow and prosper in today's real estate
0:17.6	environment?
0:19.5	That is the question and this podcast will give you the answers. I'm Pat Hyman and welcome to real estate rock
0:27.0	stars. And now for the review of the day.
0:36.3	And now for the review of the day,
0:39.3	enjoying a real estate rock stars by Anth 500.
0:43.0	Anth gives us five stars, he says, just found the podcast a few months ago and really enjoying
0:48.0	it, and I am a lender.
0:50.4	I especially like the state of the market shows well done excellent information
0:55.5	Thank you aunt
0:56.9	Keep the comments coming guys I love them and remember I eat feedback for breakfast so give me a one-star review if you want or a five-star review if you want I don't care and the more reviews we get the better
1:10.4	guess we get so please subscribe first and then leave us a review or wherever you're listening. All right guys. We've tried the new show for a number of episodes and the downloads have
1:31.2	spoken you guys love this show. Wow, I am so honored that we can do an engaging and fun and current show that agents from all over the world are listening to and learning from about
1:44.3	what's happening in our beloved real estate industry so we're gonna keep it up
1:48.2	we're excited and welcome to today's State of the Market Podcast with your host Pat Hybin and Kevin Kofman. All right. Rock Star Nation. We have a great new episode today of State of the Market with my co-host Kevin Kaufman
2:26.5	how you doing boss what's going on Pat how are you doing buddy doing all right man just
2:31.6	still getting all kinds of shit into my kitchen and
2:34.8	electricity's on and off and I'm in my bedroom today doing this but I'm I'm
2:40.4	getting it done man I'm getting it done the show must go on I learned from that
2:45.9	Starbucks debacle that
2:47.9	I'm better off hiding in my bedroom than I are going to a coffee shop because I got some complaints there about the bad noise
2:55.1	so I appreciate that I'm 100% guilty and so this is going to be a good one and a solid
	...

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