BREAKING NEWS –
While we at RealEstateIndustryWatch were aware of the dispute that a former Realty Executives International president was having with his former employers, we were not aware that there may well be more turmoil going on there.
According to this post in AgentGenius, Realty Executives International has moved offices, has laid off a large number of their executives, and had a major franchisee move over to Keller Williams. This was kept fairly quiet presumably due to the fact that REI insiders had much to lose by it getting out.
We are attempting at this time to get in contact with Realty Executive International as well as other interested parties and we will have an update soon.