Tradia Closes Four Offices/Franchises

According to a number of sources close to the company, Tradia has either revoked franchises or closed offices in four areas in the last two weeks. The offices of West Portland, Salem, Eugene, and Phoenix were all either closed or had the franchises revoked. Atlanta was the target last month, with the long term broker in Atlanta being locked out of the system.

We are currently seeking more information about this. If you have any, please comment below.

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4 Responses to “Tradia Closes Four Offices/Franchises”

  1. Don Gerhold
    November 3, 2010 at 10:00 am #

    Why don’t you research the facts instead of publishing gossip?
    According to my info all of the offices are still operating. Each transfer had personal reasons to make the change.

    • King of the Wild Frontier
      November 3, 2010 at 10:08 am #

      According to the franchisees that were “submarined”, who I talked to personally in each case, Tradia is pulling franchises and firing employees. Our sources in this story are the franchisees and employees themselves, not the corporate office, who obviously would rather subvert the truth. Don, it’s not gossip. It’s not opinion. It’s fact. We also know that a california company won a $200k+ judgement against Tradia last week because of allegedly fraudulent behavior on the part of Tradia. Pardon the pun, but it seems that the ship is sinking.

  2. Don Gerhold
    November 4, 2010 at 4:24 pm #

    That is interesting since according to my information Tradia repurchased most of the offices in question and in one case eliminated ineffective personnel who were not doing what they were supposed to do. Your facts as you put them do not hold water, except for the judgment which I believe will be appealed. My guess the ship is still afloat. Just a FYI I am not a Tradia employee just someone with 27years in the barter industry and know many of the players.

    • King of the Wild Frontier
      November 4, 2010 at 4:38 pm #

      If they were indeed repurchased, then why are the former franchisees telling me differently?

      The judgement is binding, as far as I understand it, with no option of appeal.

      And you aren’t an employee of Tradia, but you have been in the employ of Tradia. You told me so yourself.

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