Global real estate franchisor RE/MAX, LLC has entered into an agreement to reacquire the Master Franchise for the state of New York, the company has announced. Pierre Titley, owner of RE/MAX of New York since 1987, agreed to transfer ownership of the region at the end of the month, but will remain the owner of RE/MAX Quebec.
“Pierre has been with the New York region for nearly 30 years and established the RE/MAX brand in a state with very competitive real estate markets,” says Dave Liniger, CEO, Chairman of the Board and Co-Founder of RE/MAX, LLC. “Our goal in New York is to support the development of our Affiliates and to expand our presence across the state. Our focus is always to provide the tools they need to deliver the best customer service possible to homebuyers and sellers.”
RE/MAX associates are always among the leaders in their communities. Currently, the region includes over 850 agents and nearly 60 independently owned and operated RE/MAX offices from Brooklyn to Buffalo.
“After so many years, this was a very difficult decision. I’ve watched this region grow through some challenging times, but as the market has improved significantly, it seemed to be the right time to make a change of direction for me and the entire New York region,” Titley says.
Terri Bohannon, Region Vice President, is assuming the leadership role in the RE/MAX New York region and will focus on creating an even more powerful presence throughout the state. She is a 30-year industry veteran who has been with RE/MAX for 23 years. Until recently, Bohannon managed franchise operations for over 176 offices and 2,600 agents in the company-owned regions of RE/MAX Central & Northern Ohio and RE/MAX St. Louis.
For more information, visit www.remax.com.