Industry News

Another move toward one-stop real estate

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RE/MAX of California & Hawaii is the latest real estate brokerage company to team up with a mortgage company to provide mortgage services to its customers. The company recently formed an alliance with Metrocities Mortgage, a residential mortgage lender. The move is an example of the overall movement within the real estate and mortgage industries toward a one-stop shopping experience for consumers. Many brokerage companies have started offering ancillary services such as mortgage, title and closing services through affiliated partnerships with these companies. "When it comes to purchasing a home, studies show that customers prefer a 'one-stop shopping' experience and this new alliance addresses that need," Metrocities CEO Paul Wylie said. The new relationship adds an additional mortgage option to the list of home service alliances available to RE/MAX franchisees and their associates. Under the agreement, RE/MAX offices and associates can choose to ally themselves with Metrociti...