Just a month ago we got the news that Compass was gobbling up Pacific Union and Paragon brokerages, we've just realized that Hill & Co is being acquired by Alain Pinel.
The difference between the two acquisitions seems to boil down to Hill management wanting to retain its "family owned" reputation. According to its president, Jay Costello, Hill had been approached by Compass but turned them down. Alain Pinel has over 800 agents compared to Hill's 80. However, a check of the state Department of Real Estate web site shows just 38 Hill agents and brokers.
The full story and perspective is available at the San Francisco Business Times.
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