BrokerageIndustry News

John L. Scott plans to expand in downturn

Strategy favors acquisitions over new franchisees
Published on Oct 22, 2008

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by CareyBot

Looking to grow during the downturn, John L. Scott Real Estate has hired a former RE/MAX International Inc. franchise sales consultant, Tim Wynne, to scout the Northwest for brokerages to acquire.

As John L. Scott's new director of franchise development, Wynne's main responsibility will be to find opportunities to acquire companies in Washington, Oregon and Idaho, the company said.