Re/Max Holdings Inc. said it's buying its New Jersey master franchise. Denver-based Re/Max (NYSE: RMAX) said it will pay $45 million for the state's 160 offices, which employ 3,000 people. Re/Max said Joe Ventresca and Jeff Snyder established Re/Max of New Jersey in 1985, adding that the company employs 6 percent of all Realtors in the state and it was No. 1 in New Jersey in transaction sides in 2015. "I'm grateful for Joe and Jeff's contributions in building the brand and making RE/MAX the preeminent…from DIYS http://ift.tt/2eGCyEj
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