CEO & Co Founder
Jack Ryan co-founded REX in 2015 as a full-service residential broker that offers a more effective and less expensive ways to buy and sell homes. Now operating in 23 cities in 17 states, REX is one of the very few disrupters in the residential real estate industry to raise more than $100 million in private equity to back its business.
REX harnesses new technology to take the stress and confusion out of buying and selling homes while lowering consumer cost through a transaction-total commission of 2% compared to the 6% charged by most traditional brokers. By employing data science, machine learning and artificial intelligence, REX is able to price homes more accurately than traditional brokerages; then, target them to qualified buyers through Zillow, Google, Facebook, Trulia and more.
REX licensed agents are salaried and incentivized to focus their attention on the customer experience versus commission, In addition REX makes home buying and selling simpler by offering escrow, titling, mortgage and insurance, all in one place and at competitive rates.
Jack is a former partner at Goldman Sachs. After the firm went public, he went on to teach high school on the south side of Chicago. Jack then founded 22nd Century Media, a local newspaper chain, and has been a first-round investor in many successful companies, including K12.com. Jack graduated from Dartmouth and holds a JD/MBA from Harvard University.