RE/MAX 2000 Update … Oh, and Merry Christmas

Jonathan Dalton, Phoenix Real Estate AgentHard to believe, but the broadcast media completely blew the story on Gilbert-based RE/MAX 2000 shutting its doors.

Perhaps it’s because it sounds much better to say that almost 400 people are out of work when it’s really only the two dozen salaried employees, or maybe they don’t have the slightest idea how real estate actually operates.

Even Fox News picked this one up, or so say my parents.

Save your holiday sympathy for those who were collecting regular checks as full-time employees as they’re the ones looking for new employment with the closing. Don’t spend much time worrying about the agents – as Jay Thompson pointed out, they’ll be at new brokerages in about 15 minutes when offices open tomorrow.

The Republic’s follow-up story indicated the owners may try to re-open under a new (read: smaller) structure, though I have to say that makes little sense. If you’re going to close offices, close offices. Make the cuts but don’t hammer your own brand by saying your going out of business.

(That same advice can go to several real estate bloggers who proclaimed on their blogs that they’re switching careers. In this case, go quietly into that good night so that you might live again in the future. My two cents.)

Century 21 Metro Alliance combined multiple offices over the past several months; several escrow companies have done the same in an effort to reduce costs yet keep operating.

We received a note from our broker this morning … not going into the details, but we’re going to be around for a while even if the market doesn’t turn. It was a good note to see.

Absorption rate will post tomorrow, probably about the time I’m getting into my car to head to San Diego (again) for ASU’s victory over Texas in the Holiday Bowl.

If you’re reading this today, congratulations on escaping the in-laws for a little while and have yourself a Merry Christmas.

[tags]Phoenix real estate, real estate brokerage[/tags]

Jonathan Dalton

Jonathan Dalton is a 40-plus-year resident of the Valley and has been helping folks buy and sell homes since 2004. He can be reached at 602-502-9693 or info at allphoenixrealestate.com.

0 Comments

  • Mike Stewart, Downtown Vancouver Realtor 9 years ago

    Jonathan,

    Great blog!

    How do you find your business with Canadians holding up?

    Are you seeing a change based on whats happening up here?

    Thanks!

  • Jonathan Dalton 9 years ago

    Hey, Mike … still getting Canadians looking. One of the odd things with Canadian buyers is they always were more interested in looking than buying. From that standpoint, not a thing has changed.

    Few believe the Canadian dollar will remain this week so it’s just a matter of time waiting for a more favorable exchange rate.

  • Mike Stewart, Downtown Vancouver Realtor 9 years ago

    Good to hear.

    The market here is getting tougher to I hope those Canadians who aren’t buying here are buying there!

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