IFM Investments posts $5.8M loss in 2nd quarter

IFM Investments Ltd., which owns the Century 21 China Real Estate franchise, said Wednesday it posted a second-quarter loss as the country’s government continues to quell real estate activity. The company lost $5.8 million (39.5 million Chinese yuan), or 1 cent (0.06 Chinese yuan) per share and 13 cents (0.86 Chinese yuan) per American depository [...]

RE/MAX to try selling houses from franchised offices inside Stop & Shop

RE/MAX’s micro offices will be run as franchises, and RE/MAX has just begun its application process, said Hummer. The new offices, which will be staffed a minimum of 50 hours, are “turnkey operations,’’ meaning RE/MAX has planned all the details, down to the fixtures and furniture.