Low inventory, high interest rates, discouraged buyers: These have not been banner times for Massachusetts real estate brokers. But to suddenly close up shop? That is almost unheard of.
“This is the first time in my 25-plus years that I can remember a property firm closing down in Massachusetts,” said Attorney Richard Vetstein, a principal of Vetstein Law Group in Framingham. Vetstein, a real estate attorney, was reacting to the sudden closure this weekend of SUCCESS Real Estate on the South Shore. That firm had been in business for 32 years and recently boasted billions in property sales over the last five years.
A source tells Boston 25 News that SUCCESS owner Steve Webster sent a note out to agents over the weekend indicating the firm was to close…