Tag Archives: Berkshire Hathaway HomeServices

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

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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.

Latter & Blum Team Joins Berkshire Hathaway HomeServices, Forms Brokerage

(BRK.A), (BRK.B)

Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, has announced that a top-performing team from Latter & Blum has joined its network operating as a full-service brokerage named Berkshire Hathaway HomeServices Shaw Properties.

The group is led by local real estate veteran Stephanie Shaw who is respected throughout the region for her knowledge, expertise and relentless client service. Shaw comes from stellar real estate lineage: Her mother Danette Shaw is recognized with REALTOR Emeritus status from the National Association of REALTORS for more than four decades of real estate service and leadership in Gulfport.

“We are delighted to welcome Stephanie Shaw and her team to the Berkshire Hathaway HomeServices network,” said Gino Blefari, chairman of the network. “This group shares a love for the real estate business and it shows in the service they provide to their clients. Stephanie wants to grow her business in the region and we will support her each step of the way.”

Stephanie Shaw brings with her a dozen skilled and experienced agents as the core of Shaw Properties and plans to grow the company with an ambitious recruiting campaign. She said her brokerage will emphasize a culture of continuous improvement with advanced real estate training and extensive use of Berkshire Hathaway HomeServices’ Forever Cloud technology platform.

“We are thrilled to bring the Berkshire Hathaway HomeServices brand to Gulfport and beyond,” Stephanie Shaw said. “The network is the fastest-growing in real estate for many important reasons, starting with powerful brand recognition, the extensive support and resources it provides its network members and the people behind the brand. We immediately feel like part of a big family and we’re ready to make the family proud.”

Stephanie Shaw added that her business principles and values match those of Berkshire Hathaway HomeServices. “We are an ideal match,” she explained. “The network’s core values – Trust, Integrity, Stability and Longevity – are the same as Berkshire Hathaway Inc. itself and are the same values I’ve pursued since I’ve been in business. Trust and integrity are absolutely essential in business; without them you’re nothing.”

Shaw Properties will grow, said Stephanie Shaw, who expects to double the size of her brokerage and its market share in two years. “By joining the Berkshire Hathaway HomeServices network I’m able to provide my agents with the industry’s best real estate technology and services that I couldn’t begin to supply on my own. I’ve been tossed the keys to a performance race car and my team is ready to hit the gas for their clients.”

Shaw Properties agents now 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 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.

Timing for her network membership is ideal, Stephanie Shaw added. The Mississippi Gulf Coast is an up-and-coming region with a percolating economic engine, two military bases and 27 miles of white-sand beaches. The area is a favorite of snowbirds and others through the U.S. and abroad, and its relatively modest average home price of $165,000 will only grow.

“There’s no question we’re excited about the future,” said Stephanie Shaw. “Berkshire Hathaway HomeServices gives us access to global real estate consumers and an active relocation and referral network. Those seeking Gulfport for their real estate investment will find us proudly ready to help.”

Chris Stuart, CEO of Berkshire Hathaway HomeServices, welcomed Shaw Properties. “Stephanie and her team will be wonderful brand ambassadors of Berkshire Hathaway HomeServices,” he said. “The combination of her terrific team and the Berkshire Hathaway HomeServices brand will be difficult to beat in the region and it creates a compelling option for clients and agents alike.”

© 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.

Four Berkshire Hathaway HomeServices Franchises Merge the Offices of Tarbell, Realtors®

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Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, today announced that four of its franchise network members have merged the offices of Tarbell, Realtors® into their respective organizations.

The transaction includes 20 Tarbell, Realtors® offices operating in Orange, Riverside and San Bernardino counties.

“Our primary objective at Berkshire Hathaway HomeServices is to help our network members grow,” said Gino Blefari, chairman of the network. “We are delighted to announce this transaction as Tarbell, Realtors® has a strong and distinguished legacy in the marketplace and has always attracted top real estate professionals. These professionals will further strengthen our brand and add significant value to the brokerages involved.”

“We’re excited to have found a real estate network that shares the same passion for the business that my family has had for generations,” said Ron Tarbell, CEO of Tarbell, Realtors®. “Our company’s standards of integrity, professionalism and service to the communities we serve are perfectly aligned with those of the Berkshire Hathaway HomeServices brand.”

Tarbell, Realtors® offices generated more than $1.1 billion in real estate sales volume in 2018. They join these Berkshire Hathaway HomeServices network members effective immediately:

Berkshire Hathaway HomeServices California Properties/Nevada Properties/Arizona Properties (Las Vegas) – Tarbell, Realtors’® Anaheim Hills, French
Valley/Murrieta, Lake Elsinore, La Quinta, Menifee, Oasis Country Club, Palm Desert, Palm Springs, Temecula, Upland and Yorba Linda offices.

Berkshire Hathaway HomeServices California Properties (San Diego) – Anaheim/State College, Irvine, Laguna Hills, San Clemente and Santa Ana/Tustin offices.

Berkshire Hathaway HomeServices Perrie Mundy Realty Group (Redlands) – Corona, Redlands and Riverside offices.

Berkshire Hathaway HomeServices California Properties (Cerritos) – Chino office.

“We are thrilled to welcome the Tarbell sales executives and staff into our company,” said Mark Stark, CEO of Berkshire Hathaway HomeServices California Properties/Nevada Properties/Arizona Properties, whose brokerage ranked No. 3 in the network in 2018. “It’s unusual to find two organizations so committed to their people and to sustaining a quality culture. We look forward to sharing all our support in helping these professionals further grow their businesses while adding even more value and service to their clients.”

“It’s an honor to work with the longstanding and respected Tarbell, Realtors® organization,” said Mary Lee Blaylock, CEO of Berkshire Hathaway HomeServices California Properties, the network’s No. 2 brokerage last year. “They have a tremendous team of talented agents and I am thrilled to welcome these professionals to our company. At California Properties, our objective is to help every single agent expand their business through our enhanced tools and resources.

“We are committed to growth as we expand our footprint in existing marketplaces and strategic geographic locations,” Blaylock continued. “Adding these professional and productive agents who share our passion for delivering exceptional client service is an important step toward that goal.”

Dave Corey, co-owner of Berkshire Hathaway HomeServices Perrie Mundy Realty Group/Berkshire Hathaway HomeServices California Realty, said the transaction will help his brokerage better compete in the hotly contested Inland Empire marketplace. “We’re excited to join forces with Tarbell’s Corona, Redlands and Riverside offices and grow our stronghold in the region,” he said. “As always, homebuyers and sellers will know they’re working with the very best in Berkshire Hathaway HomeServices Perrie Mundy Realty Group/Berkshire Hathaway HomeServices California Realty.”

Finally, Dennis Rosas, CEO of Berkshire Hathaway HomeServices California Properties, based in Cerritos, said: “We’re eager to grow our operations in the greater Chino area with the union of the terrific Tarbell team there. We love the market and are excited for our growth prospects in the area.”
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© 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.

South Florida Luxury Real Estate Leader Joins Berkshire Hathaway HomeServices

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Berkshire Hathaway HomeServices has announced that South Florida luxury real estate leader EWM Realty International has joined its network operating as Berkshire Hathaway HomeServices EWM Realty.

The 55-year-old, full-service brokerage is led by CEO Ron Shuffield, one of South Florida’s most respected operators in the business. It has been a wholly owned subsidiary of HomeServices of America, Inc. since 2003 – the country’s largest residential real estate company for transactions and parent to Berkshire Hathaway HomeServices.

Berkshire Hathaway HomeServices is among America’s fastest-growing real estate brokerage networks with nearly 50,000 agents and 1,500 offices joining the network in less than six years, including global network members in Berlin, Germany; London, England; Milan, Italy; and Dubai, United Arab Emirates.

“EWM Realty is at the heart of Miami’s luxury real estate market and its reputation for serving this market is unequaled,” said Ron Peltier, executive chairman of HomeServices of America. “Joining the Berkshire Hathaway HomeServices network, recognized for its luxury focus and expertise and now its global connections, represents a truly unique opportunity for the brokerage, its associates and its buyers and sellers. EWM has been a valuable member of the HomeServices family for 16 years and we look forward to the company’s continued growth and success as Berkshire Hathaway HomeServices EWM Realty.”

Gino Blefari, CEO of HomeServices of America and chairman of Berkshire Hathaway HomeServices, welcomed EWM Realty to the brand. “Ron Shuffield and his team are highly respected across South Florida and their presence as a luxury leader will benefit our network,” Blefari said. “We are proud to welcome their brokerage and eager to help it grow.”

Shuffield said he and his team look forward to a new era of growth. “As a proud member of the HomeServices of America family, we are excited to join the Berkshire Hathaway HomeServices network,” said Shuffield. “The brand has a strong presence in Florida with other fine brokerages throughout the state. In addition, we believe the Berkshire Hathaway HomeServices brand is wonderfully suited for the luxury, resort and second-home markets we serve.”

EWM Realty gains 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. 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.

“South Florida is a global hub for business, travel and real estate investment,” Shuffield said. “We are eager to connect our brokerage with even more luxury clients from the northeast, Atlantic seaboard as well as from Europe and Dubai, where the brand is quickly growing. We believe that Berkshire Hathaway HomeServices EWM Realty will be a compelling option for those buying and selling luxury property.”

Shuffield said the same message applies to South Florida’s luxury real estate professionals. “We want to grow our brokerage by adding more of the region’s skilled and seasoned luxury agents,” he explained. “Berkshire Hathaway HomeServices EWM Realty will stand as the symbol for high-end real estate in our region and the company at which top agents may expand their businesses.”

© 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.

Anna, Texas Real Estate Veteran 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 local real estate veteran Kimberly Ann Christensen has formed a brokerage and joined the network in Ana, Texas.

The company operates as Berkshire Hathaway HomeServices Extra Mile Realty symbolizing the effort Christensen and her agents commit to clients and the real estate process.

Christensen opens shop with immense knowledge of the Anna real estate market. She was raised in the city and owned and operated brokerages there. She is also a national-class real estate trainer with a knack for teaching motivated newcomers to the business. Still, the magic is in her familiarity of Anna, her hometown. “There isn’t a house in Anna I’m not aware of,” she said with a laugh. “I’ve been in nearly every one of the original homes because I’ve lived here all my life.”

Extra Mile Realty unites with one of America’s fastest-growing real estate brokerage networks, which now counts nearly 50,000 agents and 1,450+ offices in just over five years as a brand, including global expansion to Berlin, Germany; and London, England.

Christensen and her team now have access to Berkshire Hathaway HomeServices’ active referral and relocation networks, and its abundant resources and services. That includes the Global Network Platform, a powerful tool suite driving lead generation, marketing support, social media, video production/distribution and more. In addition, the network provides global listing syndication, professional education and the exclusive Luxury Collection marketing program for high-end listings.

“As an independent broker, I couldn’t build or buy what I now offer to my agents and other local real estate professionals,” she said. “Of course, we also have the benefit of the Berkshire Hathaway HomeServices brand and its wonderful reputation. The network’s namesake is Berkshire Hathaway itself, and it’s built on Berkshire Hathaway’s core values of Trust, Integrity, Stability and Longevity. The network is an ideal match for our new company and we’re proud and excited to represent Berkshire Hathaway HomeServices in greater Anna and beyond.”

Christensen estimates she will have 30 real estate professionals representing Extra Mile Realty by year end, and over the next few years, plans to open offices in neighboring Van Alstyne and Melissa. She said she will hire local top performers yet, playing to her strengths, she will also focus on a new generation of real estate achievers.
“I would rather train my own superstars of tomorrow than hire someone else’s superstars,” she explained. “This helps me shape corporate culture, which is so important to our long-term success. I intend on having a good mix of experience and enthusiasm in a fully supportive, team environment. I envision a team in which everyone generates at least $3 million in sales volume annually.”

That team will always have lofty aspirations, Christensen added. “We want to be consumers’ first choice for premium service and local expertise,” she said. “There is no reason why we can’t achieve a 50% share of the Anna market.”

Gino Blefari, chairman of Berkshire Hathaway HomeServices, welcomed the brokerage. “Kimberly is so well respected in Anna as a real estate professional and servant to the community and its causes,” Blefari said. “She is an unofficial ambassador to greater Anna and loves the area and its people. Such joy will keep Extra Mile Realty vibrant and growing for years to come.”

© 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.

Keller Williams Realty Tacoma Team 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 a top-producing real estate team from Keller Williams Realty Tacoma, has joined its network and formed a brokerage. The team now operates as Berkshire Hathaway HomeServices South Sound Properties, specializing in new-home sales.

South Sound Properties, which represents homebuilders in Pierce and Thurston counties, is owned and operated by Gary and Pam Hendrickson. The brokerage joins one of America’s fastest-growing real estate brokerage networks now counting nearly 50,000 agents and 1,450+ offices in just over five years as a brand.

Berkshire Hathaway HomeServices Chairman Gino Blefari welcomed South Sound Properties to the brand.

“This company is by no means a startup operation,” said Blefari. “Gary is so well respected among local homebuilders and the team he and Pam have assembled brings a wonderful mix of experience, skill, diversity and enthusiasm. Their success in new-home sales and the trust they’ve established among builders and real estate consumers will keep South Sound Properties growing for years.”

“We wanted to form our own brokerage for some time and considered many brand options,” said Gary Hendrickson. “We chose Berkshire Hathaway HomeServices for its name appeal and lineage, and for its philosophy on growth. The brand chooses network members who want to grow, and it supports them with top-quality tools and resources. South Sound Properties is ready to grow from the start.”

With a new-home sales dream team in place, Gary Hendrickson said he will build an existing-home sales operation by recruiting top, local agents. Broker Michael Dattilo, with extensive experience in new- and existing-home sales, has already joined the brokerage.

As part of their network membership, South Sound Properties agents gain access to Berkshire Hathaway HomeServices’ Global Network Platform, a powerful tool suite driving lead generation, marketing support, social media, video production/distribution and more. In addition, the network provides global listing syndication, relocation referrals, professional education and the exclusive Luxury Collection marketing program for high-end listings.

South Sound Properties also joins Berkshire Hathaway HomeServices’ active client-referral and relocation networks.

“Fellow network members operate across America and in Berlin, Germany; London, England; Milan, Italy and other regions,” said Pam Hendrickson. “We look forward to additional business through these channels and for the global exposure our listings will receive through our network and its listing-syndication programs.”

© 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 Indiana Realty Hit $1.05 billion in sales volume in 2018

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Berkshire Hathaway HomeServices Indiana Realty, one of the state’s market share leaders for real estate transactions and sales volume, set a company production record by generating $1.05 billion in sales volume in 2018 on nearly 5,200 transactions.

The brokerage crossed the billion-dollar threshold for the first time and its CEO anticipates another strong year across the board for real estate in Indiana.

“2018 was a banner year for our team,” said Craig West, Indiana Realty CEO. “The market grew in response to favorable market conditions and our team stepped up to serve a significant amount of the business in Central and Southern Indiana. We’re proud of the work and prouder to have nearly 5,200 satisfied homebuyers and sellers.”

Indiana Realty’s sale volume rose 7% over 2017 totals. The brokerage’s average sales price at $202,748 rose 9.4% over the previous year and was 8.3% ahead of the state’s average sales price in 2018. “Our sales professionals work hard for their clients and achieve top dollar for their listings,” West said.

Indiana will likely see another strong year for real estate sales, West explained. The state’s economy will grow at about a 3% clip this year, according to the Kelley School of Business at University of Indiana, and job growth will be strong. “Jobs in the Indy Metro area grew 21% in 2018 and based on the percolating economy, I don’t see that slowing down. These are the fundamentals of another solid year for real estate.”

West said Indiana home sales were hampered in 2018 by a general lack of re-sale inventory in the state. “Demand outstripping supply,” he said. Yet with new-home sales driving the local market, particularly around the Indy Metro region, West believes more re-sale homes will come to market in 2019, easing the inventory challenges.

“Most people buying new homes have a home to sell,” West said. “With more homes coming to market this year there will be less upward pressure on home prices across the state, so I predict a leveling off of home prices in 2019. Greater balance in the market is good for everyone.”

Mortgage rates, which backed off recent highs established in the second half of 2018, should remain below 5% for a 30-year conforming mortgage, West added. “This should help many homebuyers.”

© 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 Knight & Gardner Realty of Key West Acquires Market Leading Brokerage in Marathon & Lower Florida Keys

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Berkshire Hathaway HomeServices Knight & Gardner Realty has acquired a Middle Keys brokerage formerly operated as Christie’s-affiliated American Caribbean Real Estate of the Middle & Lower Keys.

The latter now operates as Berkshire Hathaway HomeServices Keys Real Estate.

Through the union, Knight & Gardner Realty gains a market-leading brokerage, 24 seasoned agents and access to the vibrant Lower and Middle Keys markets. Ginger Henderson, 35-year owner of the brokerage operating as American Caribbean Real Estate of the Middle & Lower Keys, will remain with Keys Real Estate as an agent and mentor to the group.

“We are thrilled to join forces with one of the most respected brokerages in the Florida Keys,” said Will Langley, president of Knight & Gardner Realty and Keys Real Estate. “Ginger and her team are highly regarded in the region for their skill, integrity and expertise in resort and high-end property. We’re proud they will represent our growing brokerage family and the Berkshire Hathaway HomeServices network.”

Henderson, who wanted to focus more on her sizeable book of business in the region, sought an acquisition that would bring her agents a respected brand and suite of tools and resources to help them grow their businesses.

“I spoke to many suitors,” she explained. “For me, Berkshire Hathaway HomeServices Knight & Gardner Realty was the obvious choice. The Berkshire Hathaway HomeServices brand carries the name of one of the world’s most trusted and respected corporations, and Knight & Gardner Realty is the top-rated brokerage in the Florida Keys. Together, we’ll sell a lot of real estate and satisfy many more clients.”

With their network membership, Keys Real Estate agents gain access to Berkshire Hathaway HomeServices’ Global Network Platform, a powerful tool suite driving lead generation, marketing support, social media, video production/distribution and more. The network also provides global listing syndication, relocation referrals, professional education and the exclusive Luxury Collection marketing program for high-end listings.

Gino Blefari, chairman of Berkshire Hathaway HomeServices, applauded the merger. “The combination of Knight & Gardner Realty and Keys Real Estate will dominate the Florida Keys for years to come,” he said. “We’re eager to support this growing brokerage family every step of the way.”

© 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.