Introduced Friday, the merger will unite RE/MAX Key Properties and West + Principal Properties Oregon. The brand new firm will tout the RE/MAX title and resume operations with practically 90 brokers.
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A pair of Oregon brokerages have merged and plan to proceed working below the RE/MAX banner, the businesses introduced on Friday.
Ryan Buccola
The merger entails RE/MAX Key Properties and West + Principal Properties Oregon. The latter firm will convey “nearly 30” brokers to the lineup, based on an announcement from the companies, and the overall agent rely will find yourself and nearly 90. The merged firms will function utilizing the RE/MAX Key Properties model.
Ryan Buccola, broker-owner of RE/MAX Key Properties, will proceed in that very same function. In an announcement, he stated that he’s “excited to welcome our newest agents into the mix and expand our RE/MAX family.”
The merger comes as firms throughout the trade compete intensely for high expertise. Although competitors has all the time been fierce in the actual property trade, a slower market over the past a number of years — the results of fast-rising mortgage charges — has pressured companies to turn out to be aggressive about discovering individuals who have expertise closing offers even in lean instances.
Greg Fischer. Credit score: Andy Vesci
Previous to the merger West + Principal Properties Oregon was an unbiased firm. Greg Fischer served because the proprietor of the corporate, however on the merged entity will now assume the newly created function of head of expertise. The assertion notes that along with serving as an organization proprietor, Fischer has prior expertise working at Realtor.com father or mother Transfer, Inc., amongst different firms.
The assertion provides that the 2 firms determined to merge with the intention to “leverage the power of the RE/MAX brand.”
“This move is a major upgrade of services and support,” Fischer stated within the assertion. “With RE/MAX Key Properties we gain local, full-time support staff, state-of-the-art office space, and strong culture. Our newly combined team will offer an even more impressive level of service to our clients.”
Correction: This publish initially misidentified Greg Fischer.
