Category Archives: Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices Commonwealth Real Estate Acquires Dooley and Mason Realty Group

Berkshire Hathaway HomeServices Commonwealth Real Estate has announced the acquisition of Dooley and Mason Realty Group, a local real estate firm that has served the region north of Boston for more than 11 years.

Dooley and Mason was launched in February 2008 by realtors Judy Mason and Lisa Dooley, both of whom had more than ten years’ experience before starting their company. For over 11 years, their agency covered not only the North Reading market but more than 25 surrounding towns and cities including Amesbury, Andover, Bedford, Beverly, Billerica, Boxford, Burlington, Chelmsford, Danvers, Dracut, Everett, Georgetown, Haverhill, Ipswich, Lowell, Lynn, Lynnfield, Somerville, Medford, Malden Manchester, Marblehead, Methuen, Middleton, North Andover, Peabody, Reading, Revere, Saugus, Stoneham, Salem, Tewksbury, Topsfield, Wakefield, Wilmington, Woburn, Swampscott and Winchester.
The agency closed nearly 500 transactions and achieved more than $200 million in sales volume.

“As the industry shifted, we realized we needed more to continue to deliver the quality service we were famous for,” said Dooley. “After a thorough search of our options, it became clear that Berkshire Hathaway HomeServices Commonwealth Real Estate was a perfect fit.

“It’s a big company with the small company feel, where everyone pitches in to help. We are so excited to become part of the Berkshire Hathaway HomeServices family. By joining Berkshire Hathaway HomeServices Commonwealth Real Estate, we gain global recognition with a brand that has all the modern tools, technology and resources that we can implement on day one to help grow our business and better serve our customers and clients.”

The two principals and their team will join the Berkshire Hathaway HomeServices Commonwealth Real Estate family at their Reading office located at 360 North Main St. Their team will be known within Berkshire Hathaway HomeServices Commonwealth Real Estate as The Dooley and Mason Realtor Group.

“We’re excited to go forward with the newest members of our growing brokerage,” said George Patsio, founding partner. “Judy and Lisa have done a phenomenal job of building their brand on the North Shore. We are confident that the combination of The Dooley and Mason Realtor Group and Berkshire Hathaway HomeServices Commonwealth Real Estate will be a major force throughout the region.”

© 2020 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway HomeServices Forms Alliance with HomeKeepr

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices has formed a strategic alliance with HomeKeepr, the nation’s only online home services marketplace.

HomeKeepr gathers and displays contractors and other home service pros based on more than six million word-of-mouth recommendations. Network agents receive a profile page and custom-branded mobile app on which they may add recommendations and refer home service pros to their clients. HomeKeepr’s referral platform is updated in real time so that only trusted home pros are available through the system.

Berkshire Hathaway HomeServices’ alliance with HomeKeepr is called “FOREVER Connected by HomeKeepr,” as it fits with the network’s “FOREVER” Brand mission to serve and keep clients for life.

“FOREVER Connected by HomeKeepr will empower our network agents to support their clients at every stage of homeownership and, by sharing trusted pros and useful information, those relationships stand the test of time,” said Chris Stuart, CEO, Berkshire Hathaway HomeServices. “The platform is just one more resource available to our network professionals to help become ‘FOREVER Agents’ in the eyes of their clients.”
FOREVER Connected by HomeKeepr also includes a home improvement blog where visitors gain valuable information on home projects, design trends and much more.

“We are thrilled to align with Berkshire Hathaway HomeServices network professionals to help them nurture their local client relationships and also support local commerce,” said Rob Morelli, CEO and co-founder of HomeKeepr. “With FOREVER Connected by HomeKeepr, Berkshire Hathaway HomeServices network professionals remain at the center of those valuable, home services conversations and better connected with their clients over time.”

Berkshire Hathaway HomeServices secures preferred alliances with selected vendors to strengthen the resources available to its network members across the world. The network remains one of America’s fastest-growing real estate brokerage franchise networks with more than 50,000 agents and nearly 1,500 offices added to the brand since its launch six years ago.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Home Edge Realty Group Joins Berkshire Hathaway HomeServices

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices has announced that Home Edge Realty Group has joined the network operating as Berkshire Hathaway HomeServices Home Edge Realty Group.

The company, founded in 2013 by owners Henry Chiarkas and Jacqui Chiarkas, is a market leader in State College, Bellefonte, Boalsburg and surrounding communities. Berkshire Hathaway HomeServices remains one of America’s fastest-growing real estate brokerage franchise networks with more than 50,000 agents and nearly 1,500 offices added to the brand since its launch six years ago. This includes global network members across Western Europe and in Dubai, U.A.E.

“We are pleased to welcome Henry and Jacqui Chiarkas and their skilled Home Edge Realty Team to the network,” said Berkshire Hathaway HomeServices CEO Chris Stuart. “The group is highly regarded for its market expertise, thorough preparation and relentless client service. In fact, much of its business comes through the referrals and repeat business of its many satisfied customers.”

“We are proud and excited to represent the Berkshire Hathaway HomeServices brand in State College and our other markets,” said Henry Chiarkas, Home Edge Realty Group broker. “It seems the brand is everywhere but here, and that certainly changes with our brand membership.”

Jacqui Chiarkas explained that the brokerage had grown about as much as it could as an independent company. “By joining Berkshire Hathaway HomeServices, we gain a prestigious, global brand with the tools and resources to help our agents grow their businesses and provide even better service,” she said.

With their brand transition, Home Edge Realty Group agents gain access to Berkshire Hathaway HomeServices’ active referral and relocation networks, and its “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution and more. Berkshire Hathaway HomeServices has aligned with Salesforce to deliver world-class technology support to its network members far into the future.

The brand also provides global listing syndication, professional training and ongoing education and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a strong lineup of feature stories covering topics that appeal to high-end real estate consumers.

Henry Chiarkas said the brokerage will launch a recruiting campaign to double the size of its agent team over the next year. The entire staff will operate from Home Edge Realty Group’s brand-new corporate headquarters at 431 Science Park Road in State College starting in late December.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Mountain Sky Properties Joins Berkshire Hathaway HomeServices Network

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, has announced that independent brokerage Mountain Sky Properties has joined its network operating as Berkshire Hathaway HomeServices Mountain Sky Properties.

The brokerage remains independently owned and operated by local real estate veteran Cindy Stuart. It serves the greater Blue Ridge Mountains region from its Wytheville headquarters and offices in Bland and Hillsville. Berkshire Hathaway HomeServices is one of America’s fastest-growing real estate brokerage franchise networks with more than 50,000 agents and nearly 1,500 offices added to the brand since its launch six years ago. This includes global network members in Berlin and Frankfurt, Germany; London, England; Milan, Italy; Dubai, United Arab Emirates; Madrid and Barcelona, Spain; and Lisbon, Portugal.

“We’re proud to welcome Berkshire Hathaway HomeServices Mountain Sky Properties as our brand ambassador to the incredible Blue Ridge Mountains,” said network CEO Chris Stuart. “Cindy is a passionate, highly engaged leader and her team is smart and works hard to ensure client satisfaction.”

Cindy Stuart said her brokerage, founded in 2006, had progressed as far as it could as an independent operation. “I wanted to grow my company and expand its reach and influence,” she explained. “I looked at just about every real estate brokerage network and chose Berkshire Hathaway HomeServices. The brand has invested substantially in real estate technology and its tools, resources and support are second to none. In addition, we get to link the Berkshire Hathaway HomeServices name to ours and that’s great for business.”

With their brand transition, Mountain Sky Properties agents gain access to Berkshire Hathaway HomeServices’ active referral and relocation networks, and its “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution and more. Berkshire Hathaway HomeServices has aligned with Salesforce to deliver world-class technology support to its network members far into the future.

The brand also provides global listing syndication, professional training and ongoing education and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a strong lineup of feature stories covering topics that appeal to high-end real estate consumers.

Cindy Stuart said FOREVER Cloud components will help her team cover more ground with even greater efficiency. “This is great news for our agents and clients who are spread across as many as 10 counties in Southwestern Virginia.”

She believes the Berkshire Hathaway HomeServices brand will help her as she recruits more of the region’s top sales professionals, and the brand will be an important asset as she expands Mountain Sky Properties to another key market: Blacksburg, home of Virginia Tech University, a percolating local economy and a healthy, growing real estate market.
“We couldn’t be more excited for the future,” Cindy Stuart said. “Our entire team is energized and ready to serve more of our region’s customers.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Startup Brokerage Evolution Properties Joins Berkshire Hathaway HomeServices

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices has announced that local real estate veteran Julie Etter has formed real estate brokerage Evolution Properties and entered the network as Berkshire Hathaway HomeServices Evolution Properties.

Etter for several years led the Julie Etter Team as a top-producing agent serving Wrentham and surrounding markets. She launches her brokerage with more than 30 experienced agents and staff, many of whom have worked with Etter for 10 years. She selected her company name to symbolize how her career evolved from agent to team leader and now brokerage owner.

Evolution Properties is the 19th brokerage to join Berkshire Hathaway HomeServices this year. The network remains one of America’s fastest-growing real estate brokerage franchise networks with more than 50,000 agents and nearly 1,500 offices added to the brand since its launch six years ago. This includes global network members in Berlin and Frankfurt, Germany; London, England; Milan, Italy; Dubai, United Arab Emirates; Madrid and Barcelona, Spain; and Lisbon and Porto, Portugal.

“We are proud to welcome Julie Etter and her Evolution Properties team to our network,” said Berkshire Hathaway HomeServices CEO Chris Stuart. “Julie is a skilled and experienced leader who is also a terrific teacher – guiding and inspiring real estate professionals. As important, her team is talented, dedicated and ready to serve the region.”

Etter said she chose Berkshire Hathaway HomeServices for its distinctive brand and attractive value proposition. “The brand has a strong presence in our region, and it offers my team the tools and resources to help us grow and be our very best for clients,” she said. “We’re excited to begin a new era as Berkshire Hathaway HomeServices Evolution Properties.”

With their brand transition, Evolution Properties agents gain access to Berkshire Hathaway HomeServices’ active referral and relocation networks, and its “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution and more. Berkshire Hathaway HomeServices has aligned with Salesforce to deliver world-class technology support to its network members far into the future.

The brand also provides global listing syndication, professional training and ongoing education and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a strong lineup of feature stories covering topics that appeal to high-end real estate consumers.

“My primary objectives are to help my agents grow their businesses and achieve new skills and standards as real estate professionals,” Etter said. “We will achieve those core objectives with our ongoing focus on continuous improvement and with help from FOREVER Cloud components and other network resources.”

Evolution Properties agents will begin training this week on the tools and resources provided by Berkshire Hathaway HomeServices. The brokerage will commemorate its brand transaction with an open house celebration early next year.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Spain’s LARVIA Joins Berkshire Hathaway HomeServices Real Estate Brokerage Franchise Network

(BRK.A), (BRK.B)

LARVIA, one of Spain’s leading estate agencies with ties to Spain’s construction and development dating back 55 years, today begins operations as a member of the Berkshire Hathaway HomeServices real estate brokerage franchise network.

The company, with offices in Madrid and Barcelona, goes forward as Berkshire Hathaway HomeServices LARVIA.

“We are excited to begin the next chapter at our company as a member of the Berkshire Hathaway HomeServices network,” said CEO Bruno Rabassa. “Our brand carries the name of Berkshire Hathaway, one of the world’s most respected companies. We’re proud to represent Berkshire Hathaway HomeServices in Spain, and continue growing the company on our foundation of top-quality service and market expertise.”

LARVIA is part of the family-owned Petrus Grupo Inmobiliario, which develops, restores, leases and manages property in the region. LARVIA specializes in luxury real estate, among other sectors.

“Spain has been a top priority for our network’s global expansion, and we couldn’t be happier to enter the market with a company such as LARVIA,” said Gino Blefari, chairman of Berkshire Hathaway HomeServices. “Bruno Rabassa is a terrific operator respected throughout the Spanish real estate and business communities, and LARVIA is known throughout the region for its top-rate service and skilled agents. The company is poised to grow, and we will support LARVIA at every step.”

LARVIA joins a brokerage network that has grown to more than 50,000 agents and 1,500 offices throughout the U.S., Western Europe and Dubai in just six years of existence. Berkshire Hathaway HomeServices produced USD114.5 billion in real estate sales volume in 2018.

LARVIA will benefit from client referrals and relocation business generated through the network, Blefari said. Its agents also gain access to Berkshire Hathaway HomeServices’ “FOREVER Cloud” technology suite powered by Salesforce, including lead generation, marketing support, social media content, video production/distribution support and more.

In addition, the brand provides global listing syndication, professional training and the exclusive Luxury Collection marketing program for premier listings.

Rabassa said he wants to double the size of his business in Madrid and Barcelona during the next year, and then expand to other key regions of the country.

“Berkshire Hathaway HomeServices LARVIA is the most compelling choice for luxury and all other real estate services,” Rabassa said. “Estate agents who want to grow their business with a highly respected brand and well-established Spanish agency should consider Berkshire Hathaway HomeServices LARVIA.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway HomeServices Expands Into Portugal

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices, one of the world’s fastest-growing real estate brokerage franchise networks, is expanding into Portugal through an agreement with Portugal Property.

The agency will operate as Berkshire Hathaway HomeServices Portugal Property.

Portugal Property, founded in 2008 by CEO Michael Vincent, is Portugal’s largest independent real estate brokerage as measured by real estate sales volume and office count. The brokerage sets local standards for client service and expertise, and for the last eight years has won prestigious European Property Awards for Best Real Estate Agency in Portugal and Best Real Estate Agency Website in Portugal.

“Portugal was an essential target of ours from the outset of our global expansion,” said Gino Blefari, chairman of Berkshire Hathaway HomeServices. “The Portuguese economy has responded nicely from the global downturn and its real estate market is vibrant and growing. We’re elated to enter Portugal with the country’s finest brokerage, Portugal Property, which has ambitious growth plans to serve significantly more local and global clients.”

Portugal Property operates seven offices in Lisbon, Porto and along the Algarve, Portugal’s southern coast. The brokerage and its 43 agents generated nearly USD100 million in real estate sales volume in 2018. The Berkshire Hathaway HomeServices network produced USD114.5 billion in sales volume last year.

“We are proud to bring the Berkshire Hathaway HomeServices brand to Portugal,” said Vincent. “The brand carries the name of Berkshire Hathaway, one of the world’s most respected, trusted and admired companies. As important, the brand is composed of strong brokerages across America, Europe and Dubai, and we anticipate exchanging client referral with these companies.”

Vincent said the Berkshire Hathaway HomeServices brand will be a beacon for burgeoning global clientele and Portuguese consumers seeking top-rate expertise and guidance. “We have firmly established Portugal Property and now we add an exciting and respected global brand name with abundant resources. We are so excited for the future, which starts today.”

Portugal Property gains access to Berkshire Hathaway HomeServices’ “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution and more.

Berkshire Hathaway HomeServices has aligned with Salesforce to deliver world-class technology support to its network members far into the future. The brand also provides global listing syndication, relocation referrals, professional training and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a compelling lineup of feature stories covering topics that appeal to high-end real estate consumers.

Vincent plans to double the size of his brokerage over the next five years. “We believe the Berkshire Hathaway HomeServices brand will help us gain access to new, upscale markets and more of the world’s affluent real estate investors who are increasingly attracted to our wonderful country,” he said. “All of these factors have come together at once for our brokerage and we’re eager to take our business to new levels.”

Chris Stuart, CEO of Berkshire Hathaway HomeServices, applauded Portugal Property’s brand membership. “Michael Vincent brings to our network two decades of experience in Portuguese real estate and a strong team of agents and employees,” he said. “We are proud to welcome the group and look forward to helping the brokerage grow into one of Europe’s finest agencies.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Touchdown Home Pros Joins Berkshire Hathaway HomeServices

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, has announced that independent brokerage Touchdown Home Pros of Morgantown, West Virginia, has joined its network operating as Berkshire Hathaway HomeServices Touchdown Home Pros Realty.

The brokerage, led by Broker/Owner Lindsay Williams, remains independently owned and operated.

“We are excited to welcome Touchdown Home Pros Realty to our network,” said Gino Blefari, chairman of Berkshire Hathaway HomeServices. “Lindsay and her team are passionate about real estate and the service they provide their clients. They are also community-minded and embrace greater Morgantown through support and volunteerism. We’re eager to help this team grow.”

“We are the same real estate team Morgantown residents know and trust, and now we’re aligned with the Berkshire Hathaway HomeServices brand,” said Williams. “The brand is respected and trusted – just as its Berkshire Hathaway Inc. namesake – and it offers an impressive suite of real estate tools and resources. Morgantown’s finest agents will now be even more effective in the service of local homebuyers and sellers.”

With their brand transition, Touchdown Home Pros Realty agents gain access to Berkshire Hathaway HomeServices’ active referral and relocation networks, and its “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution and more. Berkshire Hathaway HomeServices has aligned with Salesforce to deliver world-class technology support to its network members far into the future.

The brand also provides global listing syndication, professional training and ongoing education and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a strong lineup of feature stories covering topics that appeal to high-end real estate consumers.

“As an independent, I couldn’t afford to provide my agents these varied and important tools, resources and international brand support,” Williams explained. “I knew I needed to join an influential brokerage network and chose Berkshire Hathaway HomeServices.”

Williams said the Berkshire Hathaway HomeServices brand will be warmly embraced by consumers in greater Morgantown. The combination of the brand and her Touchdown Home Pros Realty company name will capture the winning spirit that’s prevalent in and around West Virginia University.

“I’m a graduate of the university and am as passionate as any Mountaineers football fan,” she said. “They call Morgantown ‘Touchdown City,’ where fans follow the Mountaineers as if the team were pros. That’s how I arrived at my Touchdown Home Pros Realty company name, and supported by the Berkshire Hathaway HomeServices network, we can’t be beat.”

“Lindsay Williams is a hall-of-fame-style leader whose love for real estate, and life itself, will keep her team winning for years to come,” said Chris Stuart, CEO of Berkshire Hathaway HomeServices. “Morgantown has a terrific, go-to player in Berkshire Hathaway HomeServices Touchdown Home Pros Realty.”

Berkshire Hathaway HomeServices is one of America’s fastest-growing real estate brokerage franchise networks with more than 50,000 agents and 1,450 offices added to the brand since its launch six years ago including global network members in Berlin, Germany; London, England; Milan, Italy; Dubai, United Arab Emirates; and Madrid, Spain.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Stovall, REALTORS® Joins Berkshire Hathaway HomeServices

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, has announced that independent brokerage Stovall, REALTORS® of Abilene, Texas, has joined its network operating as Berkshire Hathaway HomeServices Stovall, REALTORS®.

“We proudly welcome Steve Stovall and his team to Berkshire Hathaway HomeServices,” said Gino Blefari, chairman of the network. “Abilene is an important market for our network and Stovall, REALTORS® is a strong community ambassador and a powerful source for real estate guidance and superior client service.”

“We couldn’t be more excited to join the Berkshire Hathaway HomeServices brand,” said Stovall, a fourth generation Abilenian. “The network is trusted and respected, as is its Berkshire Hathaway Inc. namesake, and it appeals to the broadest range of real estate consumers. We believe the brand is ideal for higher-end properties and ranch properties – market segments in which we plan to grow.”

With their brand transition, Stovall, REALTORS® agents gain access to Berkshire Hathaway HomeServices’ active referral and relocation networks, and its “FOREVER Cloud” technology suite for lead generation, marketing support, social media, video production/distribution and more. Berkshire Hathaway HomeServices has aligned with Salesforce to deliver world-class technology support to its network members far into the future.

The brand also provides global listing syndication, professional training and ongoing education and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a strong lineup of feature stories covering topics that appeal to high-end real estate consumers.
“There isn’t a better tool suite and support platform in real estate,” Stovall said. “I’m proud to provide my agents with progressive and useful tools to help them be their very best and most efficient for their clients.”

Stovall said the time is right for his brand announcement. The Abilene economy is percolating, driven by the military, education, sustainable energy and other industries. Real estate sales are strong yet balanced with about a three-month supply of homes for sale. Forbes almost annually names Abilene among the best places to retire in America.
“The future looks bright from where we operate in West Texas,” said Stovall. “Our entire team is energized and ready for a new era of excellence as Berkshire Hathaway HomeServices Stovall, REALTORS®.”

Chris Stuart, CEO of Berkshire Hathaway HomeServices, applauded the brokerage’s network membership. “The Stovall, REALTORS® team is known for hard work, innovation and passionate client service,” he said. “To be sure, our brand is well-represented in greater Abilene.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Berkshire Hathaway HomeServices Commonwealth Real Estate Acquires Century 21 Adams Lawndale

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices Commonwealth Real Estate has acquired Century 21 Adams Lawndale, a prominent real estate brokerage serving the Massachusetts towns of Belmont, Watertown and vicinity for more than 30 years.

The acquisition is Commonwealth Real Estate’s seventh since it joined Berkshire Hathaway HomeServices in November 2018. Commonwealth Real Estate now counts more than 600 sales associates, 75 employees and 23 offices in Massachusetts and Rhode Island.

Century 21 Adams Lawndale was founded in 1989 by real estate veteran Jim Savas, a Watertown native and Belmont resident whose brokerage within two years became one of Century 21’s top companies in New England. In 2015, Savas merged his firm with independent brokerage Lawndale Realty, owned by Fred Pizzi and Sue Pizzi of Belmont, and the combined brokerage became Century 21 Adams Lawndale.

Savas and Pizzi will maintain active roles at the brokerage overseeing more than 30 sales associates transitioning with them. The Adams Lawndale office of Commonwealth Real Estate will continue operating at 486 Common St., Belmont, MA.

George Patsio, Commonwealth Real Estate founding partner, said the Adams Lawndale team is an integral part of the community with a legacy of strong service and expertise. “We are proud to welcome Jim, Fred, Sue and the entire team to our real estate family,” he said. “They give us a significant presence in Belmont and Watertown, and we look forward to helping the sales associates grow their businesses.”

Savas said he is eager to join forces with Commonwealth Real Estate and the Berkshire Hathaway HomeServices brand.

“We did our homework in researching firms to associate with,” he explained. “Commonwealth Real Estate has a strong reputation in the market and the brand is second to none.”

Fred Pizzi added, “Name brand in our market is important, and the Berkshire Hathaway HomeServices brand is an ideal match for Watertown and Belmont. As important, our new organization includes many good people and a strong emphasis on next-generation real estate technology, where the market is headed.”

Commonwealth Real Estate will provide the team with broad operational support and access to the tools, resources and brand strength of the world-renowned Berkshire Hathaway HomeServices network.

Agents at the Adams Lawndale office will have access to Berkshire Hathaway HomeServices’ active referral and relocation networks, and its “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution and more. Berkshire Hathaway HomeServices has aligned with Salesforce to deliver world-class technology support to its network members far into the future.

The brand also provides global listing syndication, professional training and ongoing education, as well as the exclusive Luxury Collection marketing program for premier listings, which should be warmly embraced in Watertown and Belmont. The network’s Prestige Magazine showcases network members’ premium listings with a strong lineup of feature stories covering topics that appeal to high-end real estate consumers.

“We’re excited to go forward with the newest members of our brokerage,” said Patsio. “The combination of the Adams Lawndale team and Berkshire Hathaway HomeServices Commonwealth Real Estate will be hard to beat in Watertown and Belmont.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.