
The Most Powerful Land Broker in North Texas with Rex Glendenning (#414)
In this episode, Chris sits down with Rex Glendenning, founder of REX Real Estate and the man known across North Texas as the "King of Dirt." Rex is a fourth-generation Celina native whose great-grandfather homesteaded 160 acres in 1887. Over the last four decades he's brokered billions in DFW land deals, including the $130M public-private partnership that brought the Cowboys to Frisco, while quietly running a 4-broker shop out of his hometown. Chris and Rex unpack his patience-and-dirt playbook, why he believes DFW is becoming the financial epicenter of America, and how he reads a real estate cycle years ahead of the rest of the industry. They discuss: • How Rex originated the Star deal in 60 days, and why Frisco won the Cowboys instead of Irving • His foundational theory: why every American city grows north (with one exception) • 40 years of plowing every dollar back into dirt • Why he believes DFW becomes "Y'all Street" • Why he never scaled past three brokers • His read on where we are in the cycle Timestamps (00:00) Intro (05:20) Learning When to Shut Up in Business and Life (08:53) Growing Up Rural in Celina & the Work Ethic It Built (11:02) Why Every City in America Grows North (14:18) Betting on the Pandemic: $1 Billion in Deals with Just His Wife (23:38) The Star Deal: How Rex Helped Move the Dallas Cowboys to Frisco (30:23) Small Towns vs. Big Cities: The Public-Private Partnership Advantage (40:24) DFW Airport as the Hidden Engine of North Texas Growth (44:06) The H-1B Visa Pullback & Its Real Impact on the Housing Market (48:11) How Rex Thinks About Surviving a Recession (56:23) Will an "Artery Pop" in '26 or '27? (01:00:26) Why Rex Is Worth 6%: Full-Service vs. Order-Taking Brokers (01:04:43) Selling the Same Ranch 7 Times Over 40 Years (01:19:03) What Keeps Rex Up at Night: Reading the Current Market Cycle === Sponsored by: Collateral Partners Collateral Partners builds institutional-grade investor materials for private credit, private equity, real estate, and family office firms, the kind of marketing collateral that helps you close capital. Learn more at https://collateral.com/powers === Chris on Social Media: X: https://x.com/fortworthchris Instagram: https://www.instagram.com/thepowerspodcast LinkedIn: https://www.linkedin.com/in/chrispowersjr/ === Visit our website: https://www.powerspod.com/ Leave a review on Apple: https://bit.ly/45crFD0 Leave a review on Spotify: https://bit.ly/3Krl9jO





