Within hours of the demise of Town Residential‘s sales and leasing divisions on Thursday, the text messages and emails started flying. With several hundred brokers suddenly free agents, Town’s rivals wasted no time swooping in to lay claim on remnants of the carcass. One senior brokerage executive compared the phenomenon to locusts descending. “I’ve never seen anything like this,” the source said. “This has happened in the past to tiny companies. This was not a […]
source https://therealdeal.com/2018/04/20/resi-firms-descend-on-remnants-of-town/
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