We now know what the new brand will be for GMAC Real Estate. GMAC Realtors received an email today from Graham Badun (CEO of Brookfield) saying that Brookfield Asset Management, who bought GMAC Real Estate about a year ago, has now acquired the Real Living Franchise. Additionally, the email stated that GMAC Real Estate would be re-branded to Real Living.
Badun indicated that Real Living offered the branding needed to provide a strong future for the company.
Harley Rouda, Jr., president of Real Living, will be the new president of the combined company.
First I had heard of this! Best of luck to everyone in the new company.