REX is using artificial intelligence and big data to disrupt the traditional real estate brokerage model, providing dramatically better outcomes and experiences for home buyers and sellers at a 2% cost instead of the traditional 5% to 6%. REX has substantially built the business in the cloud, with human involvement catalyzed by data and AI. In addition, REX employs the data that it collects to rationalize the purchase of mortgages, home insurance, escrow and other services, serving to greatly ease and reduce the cost of the home sale and purchase process. The data REX collects also allows it to manage the home as consumers’ largest asset over their lifetimes.
The Company has experienced explosive growth in its initial markets of California, New York, New Jersey, Texas, Colorado and Florida, growing 3-4X per year and expecting revenues of $60 million in 2020 and $100 million+ in 2021. REX is profitable on both a unit economics basis as well as in the cities where it has been operating for over a year. It is launching in 13 cities this year as it expands nationwide.
REX closed on its Series C financing of $50 million in December of 2018 to solidify its nationwide expansion into a targeted 70 markets across the United States by 2022. Backed by some of the most successful founders and CEOs in the country, REX is preparing for an IPO in the next 1-2 years.
What You’ll Do:
Negotiating and drafting Company Agreements, including commercial and financial transactions, customer agreements, distribution partner agreements, employment and consulting agreements, and other company agreements
Providing communication and advice pertaining to the company’s requirements and obligations under its agreements with investors, partners, employees and vendors
Maintaining and tracking company agreements
Managing and implementing Corporate Governance activities (e.g., corporate secretary functions, corporate compliance for the Board of Directors, etc.), and stockholder communications and compliance
Executing and managing Litigation and Risk Management, including intellectual property protection, privacy compliance, employee legal matters, new business initiatives; threatened and actual litigation or other legal proceedings
Executing and managing Intellectual Property, including timely filings, management of company’s intellectual property portfolio, and working with business units to ensure intellectual property is protected
Actively participating in Financings and Corporate Development, including manage investors, Board and company throughout financing process; organizing due diligence; advising on deal structure; drafting and managing deal documents; conducting negotiations; overseeing finance and securities law matters
Overseeing the reporting of legal activity metrics
About the Qualifications:
10+ years of legal experience
5+ years of successful corporate counsel experience in a consumer-focused, product-driven, tech company
Substantial experience and training in corporate transactions, including mergers, acquisitions, securities and licensing
Excellent organizational, interpersonal, drafting and negotiation and problem-solving skills
Proven ability to work fast and remain nimble in a high-growth, rapidly changing environment
Experience collaborating with top-level business executives
Evidence of exceptional performance or accomplishment
Law degree from top-tier program required
Licensed to practice law in either California or Texas
Based near one of our 3 offices: Woodland Hills, CA / Redwood City, CA / Austin, TX
Compensation and Benefits:
REX offers an attractive salary and health benefits with an equity stake in this fast-growing tech company.
Annual Bonus + Stock Options + Paid Time Off
A Bit More…
As a pioneer in our industry, REX is setting new standards in the marketplace – for quality, innovation, integrity, professionalism, drive, consumer happiness, and social good. Our culture, together with our business vision and goals, serve as an orientation for leadership and a guide for how we conduct ourselves in day-to-day business. They also form the foundation for hiring, encouraging and rewarding great people. In addition, REX has been committed to doing good things for real estate consumers and to providing homes for those in the greatest need, wherever they may be. For every 50 homes we sell, we provide a home for a family in need. We funded the construction of our first home at the end of 2015 and have since put roofs over the heads of a dozen homeless families in three countries and built a school for orphans in Cambodia.