Shorewest dropped a bomb on the local real estate market when it announced Tuesday it had acquired Savaglio and Cape real estate. It's the biggest local merger since First Weber absorbed N. Christensen and Son three years ago, and will undoubtedly change Racine's real estate playing field.
The biggest change may be Realtors shifting companies rather than going along with the merger, according to one long-time Realtor who works for a competitor of Shorewest and Savaglio and Cape.
While it's unlikely many people will lose their job in the merger, they said, some Realtors may see an opportunity to jump ship. "If they have to learn a new system, they might as well look around," said the Realtor, noting his company likely will talk to some employees caught up in the merger. "It'll be a new animal for people who work for Savaglio Cape."
The Realtor added any merger is "traumatic" for companies involved. But over time any initially hard feelings are worked out. "It's a major adjustment," they said, "but you can come through it."