The REX story began with a problem. In May 2015, REX CEO and Co-Founder Jack Ryan wanted to sell his home in Southern California. In fact, Jack already had a buyer who was interested! So, Jack went to his local real estate agent to help facilitate the transaction and get the paperwork ready. To Jack's surprise, the real estate agent, who had done nothing to actually sell the property, wanted a 6% commission to get the deal across the finish line. 6%?!?