RISMEDIA, July 24, 2007–RE/MAX International of Denver, CO, has announced it has inked the deal on the purchase of two independently-owned regions, RE/MAX of Florida and RE/MAX Carolina. Combined with the February buy-back of California and Hawaii, this acquisition makes 2007 the single greatest year of growth for RE/MAX company-operated regions.
Together, the two newly acquired regions represent an addition of 420 offices and more than 10,000 agents. Florida is one of the fastest growing markets in the country with three cities, Port St. Lucie, Cape Coral and Miramar, landing on the U.S. Census Bureau’s fastest growing cities list. Previous RE/MAX Carolina owners Don Hachenberger and Glenda Hachenberger and Bob McWaters thought the time was right to relinquish the franchise.
“I believe a consolidation with RE/MAX International makes good sense and will be very positive for everyone,” said Don Hachenberger. “They have experience operating regions like ours and RE/MAX has the best regional services in the industry.”
The acquisition means that RE/MAX offices in Florida and in the Carolinas will have the full marketing weight of RE/MAX International, Inc. and other benefits including a corporate staff in Denver assigned to the region.
“We have enjoyed working with Don, Glenda and Bob for more than 30 years,” said Dave Liniger, Co-Founder and Chairman of RE/MAX International. “They took on an amazing challenge in 1984 and have created an impressive network of offices and sales associates in Florida. All of us at RE/MAX are very grateful for their many contributions over the years. We look forward to the opportunity of continuing their legacy.”
Regional Vice President Nick Bailey has been assigned to the Florida region. Bailey joined the company in 2001 and was promoted in 2004 to Regional Vice President of the Central and Northern Ohio and Western Pennsylvania regions.
RE/MAX Carolina will become part of the existing RE/MAX Central Atlantic region, with Kerron Stokes serving as Regional Vice President. Stokes has been with RE/MAX International since 2002, was named Regional Vice President in 2005 and assigned to RE/MAX Central Atlantic in 2006.
“Twenty-one years ago, we brought the RE/MAX name to the Carolinas and built this region from the bottom up; it’s hard to let go but the time has come and I’m certain that RE/MAX International will provide for even more growth in the future,” said Bob McWaters. “No one in real estate has more experience operating a region than RE/MAX International. They’ll be able to provide tremendous resources to our brokers and agents in the Carolinas.”
More information can be found at www.remax.com.
