Bob McVicar with Exit Realty tells CHSJ News, the news of the Mawhinney Group closing is sad for the city.
McVicar says he doesn’t think the closure is going to have a negative affect on the Saint John Real Estate market. He says the real estate market has seen significant growth in the city over the past three years, with 2008 being the highest ever.He says it’s a shame the Mawhinney Group didn’t work out, because he introduced a new model for selling houses. He says the average age for a realtor is over 55, and Mawhinney introduced the business to a number of young people.