BrokerageIndustry News

Buy a house at your local grocery

RE/MAX of New England will open 17 'micro' offices
Published on Jan 28, 2010

Some consumers will now be able to go to their local supermarket and pick up a more substantial purchase than dinner -- a house. RE/MAX of New England is teaming up with a large supermarket chain to open "micro" real estate offices in grocery stores, the franchise real estate brokerage announced this week. The company has signed an exclusive, five-year agreement with Quincy, Mass.-based Stop and Shop Inc., one of the largest supermarket chains in New England with more than 375 stores throughout New England, New York and New Jersey, according to Stop and Shop's Web site. "The (real estate offices) will be at the front of the store. We wanted to have facilities where we could have additional awareness to our brand and our agents. Stop and Shops have such a large traffic volume that they seemed to be a perfect fit," said Jay Hummer, executive vice president of RE/MAX of New England. RE/MAX plans to open 17 micro offices within the first year: 15 in Massach...

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