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HomeForumsReal Estate AgentRE/MAX Greater Atlanta files bankruptcy!
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Joel Owens
  • Real Estate Broker
  • Canton, GA
11,175
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15,118
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Real Estate Agent

RE/MAX Greater Atlanta files bankruptcy!

Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorPosted Apr 12 2011, 12:06

Just came out that RE/MAX Greater Atlanta has filed for bankruptcy protection.

There are stories of the more than 300 agents not getting their commission checks.(checks are already bouncing).The brokerage says earnest money and escrow deposits are safe but who knows.

If you are a buyer or seller with a broker/agent from their firm I would seriously consider not holding any money with them.

http://www.wsbtv.com/news/27524829/detail.html

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