RE/MAX of New England and Stop & Shop Align to Offer Real Estate Services in-store

 

 

New England’s largest real estate company teams up with New England’s leading food retailer

 

Natick, MA– January 26, 2010 – RE/MAX of New England today announced that it has entered into an exclusive, five-year agreement with The Stop & Shop Supermarket Company of Quincy, MA, to develop micro real estate offices in supermarkets located in Massachusetts, Connecticut, Rhode Island, and New Hampshire. This marks the first time that a major real estate brand has teamed up with a large consumer retailer to house real estate offices in their retail spaces.

“We are thrilled to partner with Stop & Shop, the leader in the supermarket segment,” said Jay Hummer, Executive Vice President of RE/MAX of New England. “RE/MAX is one of the most recognized real estate brands around the world and we continue to seek opportunities that allow consumers to shop their way. Consumers are looking for a one stop shopping experience. We believe this addresses this need and provides them with expert, full-time, proven real estate professionals.

This year up to 17 micro RE/MAX offices will open in Stop & Shop stores in RI, MA and CT. The micro offices have been designed to provide a consistent look and feel for each location, thereby creating the opportunity for strong brand recognition and presence throughout the Stop & Shop chain.

“The true upside of these RE/MAX franchises is that a broker will have a smaller and more economical office, at a lower initial investment, and the consumer will have the one stop shopping experience they are looking for,” said Hummer. “Even more exciting for the small business owner is that these turnkey operations are offered at a lower cost, are in high traffic areas of the store and

provide a face to face opportunity with the consumer. We believe many teams are going to jump on this opportunity to grow their business.”

A full list of the 17 site locations committed for franchise opportunities for 2010 is available upon request. Additional information on franchise costs and agreements is also available upon request.

About RE/MAX of New England

Since its inception in 1985, RE/MAX of New England has grown to over 234 offices with more than 3,000 sales associates throughout Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, providing residential and commercial real estate. The RE/MAX website is www.remax.com. RE/MAX is proud to help raise millions of dollars and support charitable organizations like, Susan G. Komen For the Cure and Children’s Miracle Network.

About The Stop & Shop Supermarket Company

The Stop & Shop Supermarket Company employs more than 59,000 associates and operates stores throughout Massachusetts, Connecticut, Rhode Island, New Hampshire, New York, and New Jersey. The company is a member of the US Green Building Council and has been awarded LEED (EB) certifications for 50 of its existing stores. Stop & Shop has been recognized by the EPA for the superior energy management of its stores and is also a member of the EPA’s Smart Way program.

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