RISMEDIA, Oct. 23, 2008- Allison James Estates and Homes is engaged in an aggressive growth plan, according to James A. Crumbaugh III, CEO. “We are open to acquirements,” he announced, “and are forcefully pursuing acquisitions.”
Crumbaugh described his company’s Recruitment Call Center that makes over 2,000 phone calls per day to Realtors across the nation. Through contact with so many Realtors in diverse locals, he noted, they have discovered many independent firms of 50 to 2,000 Realtors who are struggling in this difficult real estate market. Seeing this both as an opportunity and as a chance to support broker’s in difficulty, they have structured a buyout program that will benefit the broker of the companies who have fallen on hard times.
They are offering the broker 20% of Allison James Estates and Homes’ gross income on all their Realtors who transfer to Allison James Estates and Homes from the broker’s company, for a period of seven years. (Realtors pay a flat monthly fee Allison James Estates and Homes and keep 100% of their commission.)
“We won’t assume any of the brokers’ liabilities,” Crumbaugh said, “but, in a company of 2,000 Realtors, the 20% of our gross income over seven years will amount to a substantial amount of money for the broker.”