REX real estate startup raises $15 million to cut out middlemen
BizJournal – Residential Real Estate News
When Jack Ryan, co-founder and CEO of REX Real Estate Exchange, was ready to buy a home, the agent for the house he wanted went out of the country. While the agent was vacationing in Italy, Ryan and the owner negotiated and nearly completed the sale on their own. Yet upon his return, the agent still collected his fee. Ryan, a former Goldman Sachs partner and high school teacher on the South Side of Chicago, decided there had to be a better way and launched his real estate startup in May 2015. RE…