Tag Archives: Berkshire Hathaway Home Services

Berkshire Hathaway HomeServices Carolinas Realty Acquires Attorneys Title

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Berkshire Hathaway HomeServices Carolinas Realty has acquired North Carolina-based Attorneys Title, the company recently announced.

The acquisitions adds expertise, resources and a seamless customer experience to Berkshire Hathaway HomeServices Carolinas Realty.

Attorneys Title President Kimberly Rosenberg and Vice President of Operations Bryan Rosenberg will continue on in their respective roles.

“The Berkshire Hathaway HomeServices Carolinas Realty family of companies is committed to redefining home-buying, home-selling, and homeownership by integrating all the elements of the real estate transaction into a seamless experience,” says Tommy Camp, president and CEO of the Berkshire Hathaway HomeServices Carolinas Realty family of companies. “The merger of Attorneys Title into our organization reinforces and strengthens this commitment and our ability to provide the highest level of service to our clients and sales associates.”

“The longstanding commitment by Attorneys Title to our customers and our employees will not change,” says Kimberly Rosenberg. “Berkshire Hathaway HomeServices Carolinas Realty and Attorneys Title have a shared vision of providing superior customer service. In Berkshire Hathaway HomeServices Carolinas Realty we have found a business partner with an impeccable reputation and one that provides us with exciting opportunities for growth as we continue to serve the needs of our new and existing clients.”

© 2017 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.

Allan Dalton’s Road from Basketball to COO of Real Living Real Estate

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When Allan Dalton played basketball back in 1971 at Suffolk University he hoped it would lead to bigger things. It almost led to an NBA career when he was drafted by the Boston Celtics, but where that journey fell short, his real estate career kept rising.

HSF Affiliates LLC, which is majority owned by Berkshire Hathaway, and operates the real estate brokerage franchise networks Real Living Real Estate, Berkshire Hathaway HomeServices and Prudential Real Estate, has appointed Dalton as chief operating officer at Real Living Real Estate.

Dalton is the former president and CEO of Realtor.com, and has 30+ years of leadership experience, including serving as the co-owner of a 32-office firm, the EVP of Coldwell Banker New England and EVP of NRT National.

Dalton said he’s excited to join HSF Affiliates and the Real Living brand. “Real Living has attracted a legion of fiercely loyal brokers and associates who possess a deep connection to the brand and to one another,” he explained. “Their integrity, independence and optimism make it inspiring to work with them and for them.”

Speaking of his basketball career, Dalton may not have played with the Celtics, but he did play professionally overseas. In Greece, he went by the name Alexos Daltos, and on a touring Lithuanian team he used Janus Ambrosius. Anything to keep the ball bouncing.

Today, Dalton is rising to the top, and this time he even gets to use his own name!

© 2017 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.

Crager Real Estate Joins Berkshire Hathaway HomeServices

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Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, today announced that independent brokerage Crager Real Estate has joined the network operating as Berkshire Hathaway HomeServices Crager Tobin Real Estate.

The brokerage, founded in 2001 by Broker/Owner Laura Crager, operates throughout Central Ohio including Champaign, Clark, Delaware, Fayette, Franklin, Madison and Pickaway counties and surrounding communities.

Berkshire Hathaway HomeServices is one of America’s fastest-growing brokerage networks with nearly 43,500 agents and 1,313 offices named to the brand since its 2013 launch.

Crager Tobin Real Estate remains independently owned and operated by Laura Crager and her daughter Kate Crager-Tobin. “We are the same great, local company now backed by a powerful brand,” Laura Crager said. “Berkshire Hathaway HomeServices stands for trust, integrity, stability and longevity and the name stands apart in real estate. We’re proud to bring this brand home to our communities.”

“Berkshire Hathaway HomeServices offers us systems, tools and consultation to help us enhance and grow our operations for years to come,” explained Kate Crager-Tobin. “We’re building a premium environment for our agents to help them deliver incomparable service to our Central Ohio clients.”

With their transition, Crager Tobin Real Estate agents gain access to Berkshire Hathaway HomeServices’ Global Network Platform, a powerful tool suite focusing on lead generation, marketing support, social media, video production/distribution and more. Beyond technology, the brand provides national and international marketing support, professional education and the exclusive Luxury Collection for high-end listings.

As part of the network, Crager Tobin Real Estate is also in line for client referrals from outside its marketplace and relocation business. “We considered franchise opportunities for some time and decided Berkshire Hathaway HomeServices is the best choice for our brokerage, agents and clients,” said Laura Crager. “It gives us all pieces of the puzzle.”

Growth is on the minds of Laura Crager and Kate Crager-Tobin. “We believe the Berkshire Hathaway HomeServices brand will have broad appeal among real estate professionals and consumers alike,” Laura Crager said. “We would like to increase our agent count and add new offices throughout the marketplace over the next few years.”

“We are incredibly excited about the future and our agents can’t wait to represent the brand,” said Kate Crager-Tobin. “We will grow, yet we will always be the family-oriented brokerage that does what’s best for its clients.”

“We proudly welcome Crager Tobin Real Estate to our network,” said Gino Blefari, president and CEO of the Berkshire Hathaway HomeServices. “Laura and Kate operate a terrific, local company with a great reputation. The brokerage will be strong brand ambassador in Central Ohio.”

© 2017 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.

Intero Real Estate Services Opens in Vietnam

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Berkshire Hathaway’s Intero Real Estate Services, a subsidiary of HomeServices of America, Inc., has opened a real estate showroom in Ho Chi Minh City, Vietnam to market their listing and promote US real estate investment to the Southeast Asia luxury market.

Intero also sent a team to the invitation-only luxury property show in China, LPS Beijing, which was held last month, June 16th through the 18th.

With more than 6,000 potential investors over the 3 day conference, having a large presence at LPS strengthens Intero’s commitment to providing global exposure for its luxury property collection.

Representing the Intero brand was Alain Pinel, General Manager of Intero Prestigio International, as well as Yoga Yang, Mitch Wong and Li-Wu Yang, all part of Intero’s International Realtor Team. Alain was also a feature speaker to an audience of highly motivated Chinese buyers interested in Silicon Valley and the greater North America region.

The LPS conference occurs twice a year bringing together a number of real estate professionals exhibiting high-end properties around the world. Intero CEO Tom Tognoli and other representatives from Intero will also be attending the LPS conference to be held in Shanghai in December.

To further its global exposure, Intero has opened a showroom in Ho Chi Minh City, Vietnam. This will serve as a strategic location for Intero to feature its listing inventory, and a touch point in providing a higher level of customer service and a stronger relationship with wealthy investors all throughout Southeast Asia.

“Last year, foreign buyers purchased more than 200,000 homes in the US for a total sales volume in excess of $100 billion. Roughly half of this dollar amount was the fact of Chinese buyers. Their impact on U.S. real estate sales has been and still is significant, to say the least. It is imperative for Intero’s sellers that our properties and brand stay clearly in front of this market now and for years to come,” states Alain Pinel.

© 2017 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.

Sacramento’s Elite Real Estate Joins Berkshire Network, Changes Name

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Berkshire Hathaway HomeServices, has announced that independent brokerage Elite Realty Services based in Sacramento, California, will join the network beginning July 25 and change its name to Berkshire Hathaway HomeServices Elite Real Estate.
Robert Do, brokerage president and CEO, announced the transition yesterday to his team of 180 agents and staff at their Sacramento headquarters.

“Our brokerage has grown nicely over the years yet now we step to a whole new level of brand awareness, agent resources and marketing,” Do explained. “Berkshire Hathaway HomeServices gives us everything we need to grow and provide even better service to our clients and agents.”

Berkshire Hathaway HomeServices remains one of America’s fastest-growing brokerage networks with nearly 43,500 agents and 1,313 offices named to the brand since its 2013 launch. The brand’s namesake is Warren Buffett’s Berkshire Hathaway Inc., among the world’s most trusted and respected corporations. “The network is built on Berkshire Hathaway’s value set of trust, integrity, stability and longevity,” Do pointed out. “We strongly identify with these values and are proud to represent Berkshire Hathaway HomeServices in Sacramento County and surrounding areas.”

Do expects to grow his brokerage as a result the transition. The agent-centric CEO, who owns his Sacramento headquarters building at 7412 Elsie Ave., wants to add at least three offices and double his agent count over the next few years. “At Elite Real Estate, everything we do focuses on helping our agents grow their business and prosper,” he said. “We are a great home for agents; the future has never been brighter for our team.”

With their transition, Elite Real Estate agents gain access to Berkshire Hathaway HomeServices’ Global Network Platform, a powerful tool suite focusing on lead generation, marketing support, social media, video production/distribution and more. Beyond technology, the brand provides national and international marketing support, professional education and the exclusive Luxury Collection for high-end listings.

“My team is already tech-savvy so the Global Network Platform will help us supercharge our client service and efficiency,” said Do, who has more than 20 years’ experience in real estate and has trained thousands of agents. “We will be our very best for our home-buyers and sellers.”

Elite Real Estate will commemorate its transition July 25 with a ribbon-cutting ceremony and agent luncheon. Its new Cabernet and White yard signs will appear in the marketplace starting that day.

“We are proud to welcome Robert and his team to Berkshire Hathaway HomeServices,” said Gino Blefari, president and CEO of the network. “Elite Real Estate has earned a strong reputation in the marketplace and is marvelously diverse. It’s well positioned for years of growth in Sacramento.”

© 2017 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.

ReeceNichols Has Biggest Year in 16 Years

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Berkshire Hathaway’s Kansas City real estate company, ReeceNichols, achieved its most successful year in 16 years in 2016 and helped 20,278 Kansas City families buy and sell their homes.

The company is a wholly-owned subsidiary of Berkshire’s HomeServices of America, Inc.

The company has over 2,300 real estate sales professionals operating out of 18 offices throughout Kansas City and its surrounding counties — maintaining its position as the largest real estate company both in the metropolitan area and throughout Missouri and Kansas.

The ReeceNichols family of services enjoyed similarly excellent results. HomeServices Lending helped over 1,200 families purchase homes, and three of their lending officers ranked in the top 10 nationally for all of HomeServices Lending. In addition, Reece & Nichols Insurance provided peace of mind and security for 400 households, and Kansas City Title navigated over 8,000 people through the home closing process. The ReeceNichols Alliance offices — which span north to St. Joseph, Missouri; east to Columbia, Missouri; south to Ottawa, Kansas; and west to Junction City, Kansas — closed 4,205 transactions with over $656 million in residential sales volume.

“These records and achievements are a direct result of our outstanding sales professionals, who are deeply committed to serving Kansas City,” President & CEO Linda Vaughan said. “We do our best to equip them with the best technology and tools to serve their clients, but all 2,300 of our team members are responsible for creating those rewarding experiences to home buyers and sellers. Our family of services strive to work seamlessly with our branch offices to help our clients enjoy the smoothest home buying and selling experiences.”

© 2017 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.

Intero Real Estate Services Creates New Home Sales Division

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Intero Real Estate Services, Inc., a Berkshire Hathaway affiliate that is a wholly owned subsidiary of Berkshire’s HomeServices of America, Inc., has launched a new home sales division labeled Intero Development Group.

This newest offering from Intero fills what the company believes is a sales and marketing void for small, medium and large developers in and around the Bay Area.

The new division will utilize certified education to make sure the various developments have the most professional and qualified team supporting their needs. In addition, there will be varied tiers of the program offering that will fit development projects of any size.

Leading the Intero Development Group is Broker Associate and Intero Los Gatos Assistant Manager Mike D’Ambrosio, a seasoned real estate leader who has years of experience in residential, commercial and development projects throughout the Bay Area. Mr. D’Ambrosio will oversee all aspects of the division including marketing, sales and operations.

“As we continue to grow brokerage services available from Intero, a new home sales division is a natural addition to our residential and commercial offerings,” said Tom Tognoli, Intero President & Chief Executive Officer. “With Mike and his team at the helm of Intero Development Group, we’re confident that this program will be one more success to add to our resume.”

© 2017 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 Adds Managing Director for Europe, Middle East and Africa

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Berkshire Hathaway HomeServices has announced that Mitchell Lewis will represent the real estate brokerage network as managing director, EMEA.

Lewis will oversee franchise development and operations in key markets throughout Europe, the Middle East and Africa.

According to a statement by Berkshire Hathaway HomeServices, Lewis brings vast international franchise sales and operations experience to his position, first at Cendant Corporation where he managed the global expansion and deal negotiations for Century 21, Coldwell Banker, Coldwell Banker Commercial and ERA. For the next decade at Realogy Corporation, he grew the global presence and enhanced the processes and systems for the same brokerage networks as well as Sotheby’s International Realty.

Most recently, Lewis served as the managing director of Asia Pacific for Christie’s International Real Estate, where he established the network’s operational presence and helped lead the brand’s global development. He also founded Munich-based Counterparts Advisory LLC to consult for consumer brands seeking franchise expansion and operational guidance around the world.

“Mitch Lewis is exactly the right professional to help us expand Berkshire Hathaway HomeServices,” said Peter Turtzo, SVP of International Operations. “He is an authority on international franchising having generated success at every turn. His extensive experience and professional acumen are true assets; he will indeed help us take our network global, far beyond its current presence in the United States.”

Lewis responded: “I am honored by the opportunity to assist Berkshire Hathaway HomeServices in its global expansion. The Berkshire Hathaway name is respected around the world, which gives Berkshire Hathaway HomeServices an advantage. I’m eager to explore target markets and work with franchisee candidates to see how the brand can help them grow and enhance profitability of their brokerage businesses.”

Berkshire Hathaway HomeServices announced international expansion plans in May with the simultaneous launch of a powerful, new property search platform on its website, www.berkshirehathawayhs.com. Global shoppers of U.S. real estate may translate the site in 10 languages, and their property searches yield all listings in any city serviced by a Berkshire Hathaway HomeServices franchisee. The network also initiated a listing syndication program that broadcasts its U.S. franchisees’ listings to real estate websites worldwide.

“These resources open gateways to the world for Berkshire Hathaway HomeServices’ U.S. affiliates long before a global franchise sales effort begins,” said Lewis. “This demonstrates careful planning and foresight by the brand to do things right the first time. In fact, Berkshire Hathaway HomeServices has exhibited extreme levels of due diligence, prudence and patience in its international expansion strategy.”

Lewis said his initial target markets will include major financial hubs along with destination and feeder markets throughout the EMEA region that exhibit stability in the property sector and where Berkshire Hathaway’s corporate name recognition runs high.

Berkshire Hathaway HomeServices CEO Gino Blefari welcomed Lewis in his new role.

“Mitch is a globally astute executive who knows international franchise development and operations from all angles, and further understands the diligence we need to uphold the integrity of our brand name as we affiliate with leading real estate brokerages abroad,” he said. “He’s also an accomplished consultant who helped shape our global strategy and can guide franchisees to maximize their growth potential. We’re proud and confident knowing Mitch will be helping to expand our brokerage network.”

© 2016 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.

5 Things You Probably Didn’t Hear at the Berkshire Hathaway Annual Meeting, Even if You Were There

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Here are five things gleaned from the Berkshire Hathaway Annual meeting in Omaha, Nebraska, that you might not have learned, even if you were there.

1. That new DOT tank car standards will lower tank car capacity from 31,800 gallons to 30,300 gallons, but BNSF can maintain capacity by adding three extra cars per train.

2. That Berkshire’s HomeServices Lending is now originating $250 million in mortgages a month.

3. That Nebraska Furniture Mart currently has no plans to follow-up its new mega-store in The Colony, Texas; with new stores in other markets.

4. That Dairy Queen’s overseas growth is bypassing Western Europe to focus on Eastern Europe and other emerging markets.

5. That even with new federal tank car standards coming, Union Tank Car is not making the manufacture of new oil tank cars its biggest priority, because they recognize that new pipelines will get built.

And One Thing You Probably Did Hear

“If other people weren’t so often wrong, we wouldn’t be so rich!”—Charlie Munger.

© 2015 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.