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Wednesday, August 12, 2009

Mawhinney Real Estate Going Out of Business

It's been confirmed that Mawhinney Real Estate is closing its doors for good. The Saint John Real Estate Board says it will be working closely with the company to manage listings and member changes and transfers. Executive Officer, Angela Beyea says home sellers who are currently in a contract with Mawhinney Real Estate should contact their realtor.

She adds, the company is currently active and in good standing with the Board but once the company is fully closed home sellers will be immediately free to list their property with any other company. Belyea insists the closure is not a red flag for Saint John’s housing market because many businesses fail to survive their first year. Mawhinney opened his company back in January and quickly expanded to Sussex and also branched out in property management - home staging - lawn care - and - mortgages. He closed his property management company last week.

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