Monday, January 16, 2012

Walnut Realty Inc has combined resources with RE/MAX Alliance

In these challenging economic times, two of the Boulder Valley’s strongest and most respected real estate entities have come together to form a strategic merger that will result in a new company called RE/MAX Alliance on Walnut. After almost a year of diligence and careful consideration, Walnut Realty Inc has agreed to combine resources with RE/MAX Alliance, which is the largest RE/MAX franchise in the world and Colorado's largest locally owned real estate organization.

“After 38 years of success operating Walnut Realty people have been asking me why I would merge,” said Tom Kahn, partner at RE/MAX Alliance on Walnut and founder of Walnut Realty in 1974. “After careful consideration, it felt very appropriate for the times to add the strength and support of the RE/MAX brand. For my agents, they have been given remarkable tools to be successful agents and for the public, powerful tools for either finding a home or selling their home for the best price. The market share of RE/MAX offices in the Boulder area is phenomenal with huge internet and print media presence.”

RE/MAX Alliance on Walnut will be a boutique firm with international reach, delivering a brand of service based on integrity, informed by expertise, and practiced in efficiency.

“Our leadership will remain the same as will our approach,” Kahn said. “We will continue to serve all of our clientele equally across the various sectors of the market, but will be introducing an added emphasis on the luxury market in Boulder County with the RE/MAX Collection.”

“We are very excited to maintain our boutique experience while broadening our global reach,” said Jay Hebb, partner at RE/MAX Alliance on Walnut. “Introducing a unique emphasis on the RE/MAX Collection will allow us to cater to our luxury clientele with unparalleled service.”

The leadership teams for RE/MAX Alliance and Walnut Realty Inc learned that not only is their consumer-centric approach consistent amongst the two locally owned firms, but their visions for the future are also well aligned with their goals of excellence. The merger is designed to create a perfect blend of a local boutique firm backed by the most powerful set of tools, global marketing resources, transaction systems and support staff currently available in the industry.
RE/MAX Alliance is a name readily recognized and respected throughout Colorado and nationally. It is a cohesive group of over 700 real estate professionals and 20 offices located along the Colorado Front Range from Fort Collins to Castle Rock; Aurora to Evergreen; encompassing the entire Denver metro area. With approximately Three Billion in real estate sales annually, it is the 24th largest real estate brokerage in the United States according to Real Trends and RISMedia. JD Power & Associates recently ranked RE/MAX “Highest Overall Satisfaction for Home Sellers and Home Buyers among National Full Service Real Estate Firms”. The Denver Business Journal ranks the company #1 in their Book of Lists.

“The retention of the Walnut Realty culture shall be ever-present in our new offices allowing us to serve our clientele with personal service and the same integrity that allowed an independent to flourish for 38 years,” said Kahn. “I am personally excited about these changes for my company and for my personal practice to have an amazing 2012.”

RE/MAX Alliance on Walnut will remain in the same Downtown Boulder office that Walnut Realty has occupied since 1975. RE/MAX Alliance will continue to maintain their current location on Baseline Road in Boulder. The Longmont RE/MAX Alliance office will be moving to 512 4th Avenue on March 1st.

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