Category Archives: Real Estate

Intero Launches Intero Capital Markets

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Intero, a Berkshire Hathaway affiliate and wholly owned subsidiary of HomeServices of America, Inc., is proud to announce that top Intero agent, Efi Luzon, will launch and manage a new division for the company called Intero Capital Markets.

Luzon brings more than 30 years of real estate experience to this new division, which is slated to invest more than $1 Billion in various Bay Area commercial opportunities over the remainder of 2019.

In addition to the investments, there will be a viable referral channel for agents that leverage their network to bring sellers with large commercial opportunities. Commercial projects that are up for consideration include large commercial holdings such as office buildings, shopping malls, apartment complexes, hotels, ground leases, mobile home parks and mixed-use parcels.

Running Intero Capital Markets is a natural progression for Luzon, who has experienced the highest level of success within the commercial real estate world. He has participated in some of the most prolific commercial transactions, not only in the Bay Area, but in the country. He has the top-three transactions, based on sales price, in the history of Intero and has more than $6 billion in sales volume over his prestigious career.

“I am very excited to get Intero Capital Markets up and running,” said Efi Luzon, Senior Vice President and General Manager of Intero Capital Markets. “We are going to experience a level of success unprecedented in the commercial real estate space and I’m proud to be driving this incredible division.”

Luzon started with Intero in 2004 and has had a stellar career with the firm. In that 15-year timeframe, Luzon has had several billion dollars in real estate sales and in 2017, he was recognized by RealTrends and The Wall Street Journal as the number one agent in California and number two agent nationally, with more than $800 million in sales. In 2015, Luzon earned the most coveted award from Intero with his induction into the Hall of Fame.

“All of us at Intero are tremendously proud and excited by what Efi is building,” said Brian Crane, Co-Founder and Chief Executive Officer of Intero – A Berkshire Hathaway Affiliate. “We know this will be an extremely successful venture for both Efi and Intero.”

“Having worked with Efi for a while now, I know his skill and determination will be a powerful combination for this new division,” said Scott Chase, Vice President and Managing Officer of Intero Los Altos. “We are not only excited for Efi, but we are excited what this new division will provide for Intero and our agents.”

© 2019 David Mazor


isclosure: 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

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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

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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

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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.

Berkshire Hathaway HomeServices New Jersey Properties Acquires Sea Girt and Shrewsbury Offices of Berkshire Hathaway HomeServices Signature Properties

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Berkshire Hathaway HomeServices New Jersey Properties has announced that they have expanded their market service areas in Monmouth and Ocean counties by acquiring the Sea Girt and Shrewsbury offices of Berkshire Hathaway HomeServices Signature Properties. With this acquisition, the company now has five Monmouth County offices and 21 in total in Northern and Central New Jersey.

“We are thrilled to align ourselves with the outstanding management and sales teams of the Sea Girt and Shrewsbury offices of Berkshire Hathaway HomeServices Signature Properties,” according to William O. Keleher, Jr., chairman and CEO of Berkshire Hathaway HomeServices New Jersey Properties. “Additionally, Bret Violette, former owner and broker-of-record, will continue to support the Sea Girt and Shrewsbury offices while also working closely with our management team, focusing his talents in many ways to assist us in the continued growth of our company.”

“By bringing a higher level of support and corporate services to our new Monmouth County offices, we are certain that we will create better opportunities for our sales associates and in turn, a more powerful value proposition for our clients,” states Christopher Brown, president and general sales manager of Berkshire Hathaway HomeServices New Jersey Properties.

© 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.

Real Living Leads Industry with Highest Customer Satisfaction, Again

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Allan Dalton, CEO, Real Living Real Estate, has announced that Real Living, the first national franchisor that gave clients the power to grade their customer service, received a 98% customer satisfaction rating for 2018, according to independent ratings service Quality Service Certification, Inc. (QSC). This is the second consecutive year that the Real Living Real Estate network placed well above the industry for customer satisfaction.

Through Real Living’s innovative Real Living 360 Service® program, network members ask customers to candidly rate the performance of their sales agent. QSC administers and validates these customer service satisfaction results following closed transactions for participating agents. Nearly 7,000 buyers and sellers were surveyed to measure the satisfaction of Real Living Real Estate network customers.

“It’s no surprise that the Real Living network scores so well,” said Allan Dalton, CEO, Real Living Real Estate. “Our Real Living network Lifestyle Advisors are well qualified to meet the unique needs of their customers.” Dalton added, “This distinction, plus our customized approach, puts our brand above the rest as demonstrated by the excellent results of this survey.”

In the results, a full 94% of home buyers and 91% of home sellers who worked with Real Living network sales associates reported being “very satisfied” with the results and service provided by their Real Living network real estate professional. According to the latest report from the National Association of REALTORS®, only 62% of buyers and 64% of sellers said they were very satisfied with the buying process and service provided by their real estate professional.

The survey also found that 97% of Real Living network customers surveyed said they would likely use the same sales professional in the future and would recommend the same professional to a relative or friend.

Chris Stuart, CEO, HSF Affiliates, congratulated the Real Living network for its QSC scores. “I’m so proud of our network of professionals for achieving these impressive results time after time.” Stuart added, “This record-high 98% satisfaction rating speaks to the passion and dedication of the network to provide only the very best in customer care.”

© 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.

Kentwood Real Estate Opens Office in Fort Collins

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Kentwood Real Estate, an affiliate of Berkshire Hathaway, has opened a new office in Fort Collins, Colorado, named Kentwood Northern Properties.

The REALTORS® joining to form the Kentwood Northern Properties team are top-producing brokers Shirley Watson, who will be the office’s employing broker, Catherine Rogers, residential broker-associate, Andrea Stull, residential broker-associate, Kris Laine, commercial and residential broker-associate, William Gedge, office administrator, Tim Gannon, licensed professional assistant, and Carol Kauffman, licensed professional agent.

“The Kentwood Northern Properties office is a welcome addition to our Kentwood family,” said Gretchen Rosenberg, CEO and president of Kentwood. “The brokers joining our team are among the highest caliber luxury real estate agents in the region, and truly embody the culture and professionalism of our distinguished team.”

The Northern Properties office will mark Kentwood’s fourth residential Colorado office, joining Kentwood Real Estate DTC, Kentwood Real Estate Cherry Creek, and Kentwood City Properties in downtown Denver. Kentwood Real Estate also offers a commercial office, Kentwood Commercial, and a leasing and property management office, Denver Rental.

“We are thrilled to join the Kentwood family of distinguished brokers and be part of the esteemed luxury brand,” said Watson. “Kentwood has deep roots in the Denver market and we look forward to continuing to build upon the brand’s legacy throughout Northern Colorado.”

© 2018 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.