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REX Real Estate Announces Home Buyback Program

Brokerage guarantees home buyback after 30 days for whatever reason and after 90 days if an inspector missed something that should have been reported

REX Real Estate (PRNewsfoto/REX Real Estate Exchange)

News provided by

REX Real Estate

Jul 19, 2018, 07:00 ET

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WOODLAND HILLS, Calif., July 19, 2018 /PRNewswire/ -- REX Real Estate, the digital alternative to the residential real estate agent, today announced two guarantees, a 30-day Home Buyback Guarantee and a 90-day Home Buyback Guarantee, bolstering the company's commitment to offering the best residential real estate services in the industry.

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REX Real Estate guarantees home buyback after 30 days for whatever reason and after 90 days if an inspector missed something that should have been reported.
REX Real Estate guarantees home buyback after 30 days for whatever reason and after 90 days if an inspector missed something that should have been reported.

REX is a fully licensed brokerage and charges only a 2 percent total fee—in contrast to the industry's five to six percent fee—dramatically lowering the cost of home selling by leveraging big data, AI, and machine learning. The company aims to elevate the home buying experience for consumers with its Home Buyback Guarantee. If a REX home buyer isn't satisfied with their new home for any reason, the company will buy back the home at the full price within 30 days of closing, per a few terms and conditions designed to protect consumers who intend to live in the house and prevent abuse by real estate speculators.

"The home buyback program enables us to offer greater peace of mind to buyers," said REX Co-Founder and CEO, Jack Ryan. "We are proud to offer this extra layer of protection, that we hope will exceed expectations on one of the biggest purchases consumers will ever make."

REX has partnered with International Association of Certified Home Inspectors (InterNACHI®) on the additional 90-day Home Buyback Guarantee which will be offered post-InterNACHI inspection if material defects are revealed to have been missed such as issues with the foundation or roof.

"InterNACHI is aligned with REX's commitment to enhance home buyer satisfaction," said Nick Gromicko, founder of InterNACHI. "To date, we've proudly bought back 15 homes, and we look forward to helping ease the home purchase concerns of REX buyers."

For more information about the REX Home Buyback Guarantee, visit: rexchange.com/guarantee.

About REX Real Estate
REX is the only company transforming the real estate industry by applying big data analytics, AI, and machine learning to market homes directly to buyers instead of relying upon the MLS. By leveraging advanced digital marketing technologies, REX can find the right buyers and sell homes faster than MLS-listed homes for a 2 percent fee instead of the industry standard of 5-6 percent. REX is also committed to helping families in need by building and donating a home for every 50 homes sold. For more information, visit rexchange.com and follow REX on Twitter @rex_change, Facebook, or Instagram.

About InterNACHI
InterNACHI® is the world's largest home inspector association and education provider, offering online, video and live Continuing Education that has earned more than 1,400 accreditations. InterNACHI® Certified Professional Inspectors® follow a comprehensive Standards of Practice and a strict Code of Ethics to ensure that their clients receive the best and most professional service possible.

Media Contact:
Christina Shadle
REX Real Estate
[email protected]

SOURCE REX Real Estate

Related Links

http://www.rexchange.com

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