BrokerageIndustry News

Metro Brokers joins BH&G network

Deal with Atlanta brokerage doubles franchise size

Atlanta-based Metro Brokers Inc. announced today that the company is affiliating with Better Homes and Gardens Real Estate LLC, more than doubling the size of Realogy Corp.'s 17-month-old franchise.Metro Brokers -- which had been affiliated with GMAC Real Estate since 2001 -- claims 2,300 agents in 28 office locations and $1.1 billion in closed sales in 2008.Although Metro Brokers' franchise agreement with GMAC Real Estate wasn't scheduled to expire until 2014, the companies had a falling out this year after Metro Brokers allegedly stopped paying its franchise fees. Although the dispute ended up in court, it's not viewed as an obstacle to Metro Brokers' affiliation with Realogy Corp.'s Better Homes and Gardens Real Estate.The 30-year-old Georgia company becomes the 10th brokerage to affiliate with Better Homes and Gardens Real Estate, which now boasts 4,200 sales associates in 14 states: California, Florida, Georgia, Illinois, Kentucky, Pennsylvania, Maine, Massachusetts, New Hampshire...

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