HomeServices of America Acquires Ownership Stake in Title Resources Group

DALLAS, Texas – May 3, 2022 – Title Resources Group (“TRG” and the “JV”), one of the nation’s leading title insurance underwriters, today announced that HomeServices of America (“HomeServices”) is acquiring a minority stake in TRG. Financial terms were not disclosed. HomeServices, an affiliate of Berkshire Hathaway, is the nation’s largest residential real estate company, based on closed transactions.

HomeServices is joining TRG’s other major shareholders, Centerbridge Partners, L.P. and Realogy Holdings Corp., in participating in the JV. The expanded roster of joint venture partners will be instrumental in accelerating TRG’s mission and growth as the title underwriter built for the real estate industry.

“HomeServices of America is a long-time, valued customer of TRG, and we’re thrilled to welcome them as a significant shareholder to our joint venture. We look forward to working with their team to expand our collaboration in the months and years ahead, further accelerating our growth,” said Scott McCall, president and CEO, Title Resources Group.

“Our strengthened partnership with Title Resources Group further enhances the ability of HomeServices’ sales associates to provide clients with a one-stop shopping approach to delivering the American dream of homeownership,” said Gino Blefari, CEO, HomeServices. “We’re excited to be a part of this joint venture with Scott McCall and his team, as well as our other partners at Centerbridge and Realogy.”

“We are pleased to partner with HomeServices of America on this compelling JV,” said Kevin Mahony, managing director at Centerbridge. “The investment in TRG by its long-time customer validates the bright prospects for the business, and we are excited about the strategic benefits of expanding the relationship. HomeServices’ perspective and track record of success will be invaluable as we shape and execute TRG’s growth and value creation plan together.”

“The continued investment in TRG’s future is a powerful endorsement of Realogy’s strategy to unleash the underwriter’s growth potential and reinforces our confidence in the exciting opportunity of this business,” said Ryan Schneider, CEO and President, Realogy.

About Title Resources Group (TRG)

Title Resources Group – the underwriter built for the real estate industry – is one of the nation’s largest title insurance underwriters, according to the American Land Title Association’s 2021 market share data. A joint venture with Centerbridge Partners, L.P. and Realogy Holdings Corp., TRG serves title insurance agents in 37 states and the District of Columbia. With $163 million in liquid assets at year-end 2021, its financial strength and stability are rated A’ (Unsurpassed) by Demotech, Inc., and B++ (Good) by AM Best Rating Services, and since its inception, the company has consistently operated profitably without a net operating loss in any fiscal year. With a mission to provide knowledgeable and responsive underwriting solutions, TRG is dedicated to growing lifelong relationships and maintaining quality through integrity and financial stability. For more information, please visit www.titleresources.com.

About HomeServices of America

HomeServices of America, Inc., through its operating companies, is the nation’s largest residential real estate company based on closed transactions and is a premier provider of homeownership services, including brokerage, mortgage, franchising, settlement, property and casualty insurance, relocation services and more. HomeServices of America is the owner of the Berkshire Hathaway HomeServices and Real Living Real Estate residential real estate franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc. For more information visit www.homeservices.com.

About Centerbridge Partners, L.P.

Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplines — private equity, credit and real estate — in an effort to develop the most attractive opportunities for our investors. The Firm was founded in 2005 and as of February 28, 2022 has approximately $33 billion in capital under management with offices in New York and London. Centerbridge is dedicated to partnering with world-class management teams across targeted industry sectors and geographies. For more information, please visit www.centerbridge.com.

About Realogy Holdings Corp.

Realogy (NYSE: RLGY) is moving the real estate industry to what’s next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, Realogy supported approximately 1.5 million home transactions in 2021. The company’s diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby’s International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, Realogy fuels the productivity of its approximately 196,700 independent sales agents in the U.S. and approximately 136,700 independent sales agents in 118 other countries and territories, helping them build stronger businesses and best serve today’s consumers. Recognized for eleven consecutive years as one of the World’s Most Ethical Companies, Realogy has also been designated a Great Place to Work four years in a row, named one of LinkedIn’s 2022 Top Companies in the U.S., and honored on the Forbes list of World’s Best Employers 2021. For more information, please visit www.realogy.com.

Contact:

For Title Resources Group:

Jonathan McGrain

media@titleresources.com

For HomeServices of America:

Liz Litin

lizlitin@homeservices.com

For Centerbridge Partners:

Jeremy Fielding / Daniel Hoadley

jeremy.fielding@kekstcnc.com / daniel.hoadley@kekstcnc.com


HOMESERVICES OF AMERICA® IS THE COUNTRY’S LARGESTREAL ESTATE COMPANY

Minneapolis, Minn. (March 25, 2022) — HomeServices of America, a Berkshire Hathaway affiliate, today congratulated the sales associates, sales managers, and other employees across HomeServices’ family of businesses for HomeServices’ recognition as the country’s largest real estate company based on closed transaction sides, according to the 2022 RisMedia Power Broker Report and Real Trends 500 report. In 2021, the company’s sales associates closed 388,098 residential transactions, a 13% increase over 2020.

“Being able to provide our sales associates and their clients with a complete offering of brokerage, mortgage, and settlement services to help them navigate what is a complex and often confusing real estate transaction played an important role in our ability to achieve the No. 1 industry ranking in closed units,” said Gino Blefari, CEO of HomeServices. “Equipped with best-in-class technology and resources, our sales associates, loan officers, and closers earned their clients’ trust as they delivered the American dream of homeownership to more people than anyone else in the industry.”

“2021 was a year of incredible growth and strategic expansion and we couldn’t be prouder that we have achieved this No. 1 industry ranking for the fourth consecutive year,” continued Blefari. “And, as we look to the future, we are confident that our continued growth and unparalleled financial strength and stability will continue to make HomeServices an industry leader into 2022 and beyond.”

Headquartered in Minneapolis, HomeServices has approximately 46,000 real estate professionals operating in more than 900 offices across 33 states and the District of Columbia. Through its national network of market-leading operating companies, HomeServices offers the convenience of one-stop shopping including brokerage services, mortgage financing, title and escrow services, property and casualty insurance, relocation, new homes, and commercial and property management.

About HomeServices of America

HomeServices of America, Inc., through its operating companies, is the nation’s largest residential real estate company based on closed transactions and is the country’s premier provider of homeownership services, including brokerage, mortgage, franchising, settlement, property and casualty insurance, relocation services and more. HomeServices of America is the owner of the Berkshire Hathaway HomeServices and Real Living Real Estate residential real estate franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc. For more information visit www.homeservices.com.

MEDIA CONTACT: 

Liz Litin

V.P. PR & Communications

612.336.5508


Roberts Brothers Names Teresa Williamson President

MOBILE, Alabama (January 13, 2022) – Roberts Brothers, Inc., a Berkshire Hathaway affiliate, and south Alabama’s top real estate company announced today that it has named Teresa Williamson as its president. Williamson succeeds Daniel Dennis, who is departing the company and moving to Florida.

Williamson joined Roberts Brothers in 2009 as a sales associate and subsequently purchased the Roberts Brothers Saraland franchise three years later. She was promoted to general manager and, as Managing Broker of Roberts Brothers West, escalated the office to unprecedented success. As president, Williamson will set the company’s strategic vision and oversee the operation of its 300 sales associates and staff in seven offices.

Williamson becomes the first member outside the Roberts family to lead the 75-year, historic brand noted Dennis. “In addition to being respected by everyone, Teresa has the leadership, communication skills, and talent to escalate Roberts Brothers to even greater heights. She is a homerun for our sales associates, employees, buyers, and sellers,” added Dennis.

Williamson becomes the first member outside the Roberts family to lead the 75-year, historic brand noted Dennis. “In addition to being respected by everyone, Teresa has the leadership, communication skills, and talent to escalate Roberts Brothers to even greater heights. She is a homerun for our sales associates, employees, buyers, and sellers,” added Dennis.

“Teresa is a talented industry veteran who brings extensive knowledge and exemplary leadership qualities to Roberts Brothers,” said Gino Blefari, CEO of HomeServices of America, the parent company to Roberts Brothers. “I am confident that the company is well-positioned for the future under her leadership.”

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About Roberts Brothers, Inc.

World War II veterans John and David Roberts started the company in their parents’ garage on Williams Court in midtown Mobile in 1946. Celebrating its 75th anniversary in 2021, Roberts Brothers remains the leader in the Mobile Bay real estate market with nearly 300 team members in five offices, providing brokerage, relocation, vacation rental, and property management services. In 2021, the company was awarded the #2 spot for “Best Companies to Work for in Alabama” by Business Alabama magazine. Additionally, Roberts Brothers was recognized as the “Best Real Estate Company” in the 2021 Nappies by Lagniappe. Roberts Brothers is owned by HomeServices of America, a Berkshire Hathaway affiliate, and the #1 ranked real estate company in the United States. For more information, visit www.RobertsBrothers.com.

About HomeServices of America, Inc.

Headquartered in Minneapolis, MN, HomeServices is the country’s largest residential real estate brokerage company and, through its national network of market-leading operating companies, is a premier provider of integrated homeownership services including residential real estate brokerage services, mortgage originations, title and closing services, property and casualty insurance and home warranties. HomeServices of America is the owner of the award-winning Berkshire Hathaway HomeServices and Real Living Real Estate franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc. HomeServices Relocation, LLC, is the full-service relocation arm of HomeServices of America, which provides every aspect of domestic and international relocation to corporations around the world. Information about HomeServices is available at www.homeservices.com.


HomeServices of America® Closes 2021 with Five New Acquisitions, Accelerating its Coast-to-Coast Expansion

Minneapolis, Minn. (January 11, 2022) — HomeServices of America, Inc., a Berkshire Hathaway affiliate, and the nation’s largest homeownership company, closed 2021 with simultaneous acquisitions of five companies. The acquisitions add 1,400 sales associates, 15,000 transactions, and nearly $8 billion in closed sales volume to HomeServices’ 2021 portfolio and strengthen its commitment to fulfilling a “customer-for-life” business model. Financial terms were not disclosed.

The acquisitions included four brokerage companies and a moving company:

  • Bennion Deville Homes
  • Berkshire Hathaway HomeServices Alliance Real Estate and Alliance Title Group
  • Berkshire Hathaway HomeServices Beach Properties of Florida
  • Hegg Realtors®
  • Joe Moholland Moving

“Since HomeServices was founded in 1998, our growth strategy has focused on acquiring market-leading companies with strong brands and experienced leaders,” said Gino Blefari, CEO of HomeServices. “Our newest family members fit these exacting standards and we proudly welcome them to HomeServices today. Each company brings a sterling reputation and is led by proven leaders. who have built extraordinary organizations with their team of managers, sales associates, and employees. We look forward to working with each company and are committed to supporting their continued growth and success,” said Blefari.

The companies joining the HomeServices family are:

Bennion Deville Homes.  Founded in 2001 by Bob Bennion and Bob Deville, Bennion Deville Homes is the top-ranking real estate brokerage based on units and sales volume in California’s Coachella Valley (Greater Palm Springs Area). Led by industry veterans Bob Deville, CEO, and Chris Anderson, General Manager, Bennion Deville Homes has experienced year-over-year market-share growth and is widely recognized for its collaborative culture, client-first approach, and top-producing agents. States Deville, “By joining HomeServices of America, we are ensuring the legacy of Bennion Deville Homes continues for generations to come. We are honored to join HomeServices and excited about bringing the strengths from each of our respective companies together to serve our clients and our agents. This allows us to build upon what makes Bennion Deville Homes unique in the industry in new and exciting ways.”

In 2021 Bennion Deville Homes closed nearly 4,400 transactions and $3.1 billion in sales volume.

Berkshire Hathaway HomeServices Alliance Real Estate and Alliance Title Group. Founded by Andrea Lawrence and led by President Kevin Goffstein and general manager Bob Bax, Berkshire Hathaway HomeServices Alliance Real Estate and Alliance Title Group has provided quality, service, and state-of-the-art technology to the St. Louis area and surrounding communities for more than 40 years. “HomeServices of America is known for its strength and stability, and we are honored to become a part of their family,” said Kevin Goffstein, president of Alliance Real Estate.  “By aligning ourselves with ReeceNichols and Berkshire Hathaway HomeServices Kansas City Realty we now have access to greater resources and services which will be a tremendous benefit to all of our associates as they better serve the real estate needs of their clients.”  

In 2021, Alliance Real Estate’s sales associates closed nearly 4,000 transactions and $1.3 billion in sales volume. The company will join HomeServices’ Kansas City-based brokerages — ReeceNichols and Berkshire Hathaway HomeServices Kansas City Realty — in serving clients in Missouri.

Berkshire Hathaway HomeServices Beach Properties of Florida.Headquartered in Santa Rosa Beach, Florida, Beach Properties began in 2007 as a boutique real estate brokerage serving the towns and communities along northwest Florida’s scenic Gulf Coast. Under the leadership of broker and owner Hunter Harman, and owners, Price Ranier, John David Sullivan and Jimmy Burgess, who is assuming the role of CEO, Beach Properties of Florida has experienced exponential, organic growth and has tripled its number of sales associates since 2017. “We are thrilled to be joining forces with HomeServices of America and offer even greater opportunity and access for our agents and their clients to what we believe is the best real estate network in the country. This acquisition is much more than a transaction – it represents a new season of growth and prosperity for Beach Properties of Florida,” said Harman.

 In 2021, the company’s agents closed more than 2,700 transactions and $2.1 billion in sales volume.

Hegg Realtors®. Founded in 1945, Hegg Realtors® is the largest real estate brokerage in South Dakota, and proudly serves the real estate needs of buyers and sellers throughout South Dakota. Under the leadership of Bill Hegg, its chairman, and Gregg Gohl, its chief executive officer, the company’s 200-plus agents closed nearly 4,000 transactions and $1.2 billion in sales volume. “We’re eager to leverage Edina Realty’s unbelievable resources to offer leading-edge technology, tools, security and support to our agents,” said Gregg Gohl, CEO. “And the opportunity to expand our network and business opportunities for our agents in a way that maintains our local brand and legacy is really exciting.”  Hegg Realtors® will join the Edina Realty family of brands, significantly expanding Edina Realty’s footprint in the Midwest and making it HomeServices’ first wholly-owned brokerage located in South Dakota. It will operate as Hegg Realtors, an Edina Realty company.

Joe Moholland Moving. Founded in 1987, Joe Moholland Moving predominantly serves Virginia, Maryland, and the Washington D.C. area, and provides its customers with national and international relocation services. The company has strong hauling capacity, top-ranking customer satisfaction scores, and supports residential household goods moving for local, national, and international moves. Joe Moholland Moving will operate within Tailored Move, a Long & Foster company. “We are thrilled to join forces with Tailored Move and become part of the broader Long & Foster and HomeServices of America families,” said Rob Garr, president of Joe Moholland Moving. “The values and cultures of our two companies perfectly align: We both believe in delivering the highest level of customer service while removing any stress and worry from the moving process. Our partnership will allow us to expand our services across the Mid-Atlantic and Northeast, and we are eager to get started.”

These new acquisitions exemplify HomeServices’ mission to growing its national footprint with distinguished real estate companies and establish it as the undisputed premier provider of homeownership services in the United States. After these acquisitions, HomeServices will have more nearly 46,000 sales associates operating in 33 states and the District of Columbia. For 2021, HomeServices sales associates facilitated nearly $203 billion in residential real estate sales, nearly 395,000 home sale transactions, and more than 253,000 mortgage, title and escrow and insurance transactions. 

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About Bennion Deville Homes

Founded in 2001 by real estate industry icons Bob Bennion and Bob Deville, Bennion Deville Homes is a nationally recognized real estate brand and the desert’s #1 real estate company. Bennion Deville Homes serves home buyers and sellers throughout Southern California in the primary markets of the Greater Palm Springs Area (Coachella Valley) and Mountain Communities in the surrounding area. Coachella Valley offices include locations in Palm Springs, Rancho Mirage, Palm Desert, Indian Wells, and La Quinta. Bennion Deville Homes also has offices in Garner Valley in Riverside County. Visit BDHomes.com, for the location of the Bennion Deville Homes office nearest you.

About Berkshire Hathaway HomeServices Alliance Real Estate

Berkshire Hathaway HomeServices Alliance Real Estate has provided quality, service, and state-of-the-art technology to the St. Louis real estate community for more than 40 years. As an energetic company of over 475 real estate professionals, they provide comprehensive representation with an uncompromising commitment to the highest principles of professionalism and integrity. Known throughout the region for strength, innovation, and excellence, the company operates from 8 locations serving St Louis, St Charles, Jefferson, Franklin, Washington, and beyond. Berkshire Hathaway HomeServices Alliance Real Estate proudly serves the St Louis Metro region and offers a full range of services, including corporate relocation, new homes, mortgage, title, insurance, and home warranty products. They are deeply committed to serving the local community through The Sunshine Kids, ReBuilding Together, Old NewsBoys Day, and more. Visit www.bhhsall.com.

About Berkshire Hathaway HomeServices Beach Properties

Berkshire Hathaway HomeServices Beach Properties of Florida is home to more than 200 agents in nine offices across Northwest Florida’s beautiful Gulf Coast from St. George Island to Destin. Consistently recognized for its market-leading sales volume, Beach Properties of Florida is a proud member of the Berkshire Elite Circle, a prestigious designation given to the Top 50 companies in the Berkshire Hathaway HomeServices network.

Founded in 2007 and joining as an affiliate of Berkshire Hathaway HomeServices in 2016, the brokerage supports an impressive New Homes Division, exclusively offering new construction opportunities in KAIYA Beach Resort, Watersound Origins, Churchill Oaks, WaterSound Beach, Cottage Grove, The Village at Grayton Beach, RiverCamps at Crooked Creek and more.

Berkshire Hathaway HomeServices Beach Properties of Florida now transitions from an independently owned and operated member of the Berkshire Hathaway HomeServices network to a wholly owned company by HomeServices of America in 2022. Visit www.BeachPropertiesFLA.com for additional information.

About Hegg, Realtors®

Hegg Realtors® has been successfully helping people in the Sioux Falls area buy and sell homes since 1945. It is South Dakota’s largest real estate company with more than 200 agents across the state, with offices in Sioux Falls and Rapid City. Hegg Realtors closed nearly 4,000 transactions and $1.22 billion in sales volume in 2021. For more information, visit hegg.com.

About Joe Moholland Moving

JMM operates local, national and international moving services through its continental fleet and agent network. JMM has served the Virginia, Maryland and Washington, D.C., area, for over 25 years. It offers moving, packing, unpacking and storage services, and it maintains a storage facility and warehouse locations in Woodbridge, Virginia. In addition to point-to-point moves, consumers who need to store their belongings for both short- and long-term situations can leverage JMM’s storage facilities.

About HomeServices of America

HomeServices of America, Inc., through its operating companies, is the nation’s largest residential real estate company based on closed transactions and is the country’s premier provider of homeownership services, including brokerage, mortgage, franchising, settlement, property and casualty insurance, relocation services and more. HomeServices of America is the owner of the Berkshire Hathaway HomeServices and Real Living Real Estate residential real estate franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc. For more information visit www.homeservices.com.


More growth, new strategies coming as First Weber announces new leadership

(Madison, WI, Jan. 6, 2022)–The new year brings excitement for First Weber Realtors®, with changes in executive leadership positions as Shawna Alt takes over as CEO of Wisconsin’s largest real estate company and Tamara Maddente moves to president.  After nearly 50 years in real estate, former CEO, Kevin Donnell, will transition to the position of Chairman where he will continue to serve on the executive leadership team and focus on strategic initiatives.

With 28 years of experience within the industry, Alt has held diverse roles in the company rising from personal assistant and sales agent to regional sales manager and president. As CEO, Shawna is focused on cementing First Weber’s position as an industry leader in identifying and meeting consumer and agent needs. She is known for her ability to drive strategies that improve both First Weber’s products and services as well as create a culture that allows agents, and staff to thrive. With a degree in psychology from the College of Charleston, Shawna serves on the board of directors for the First Weber Foundation, the South-Central Wisconsin Multiple Listing Service, and the Wisconsin Realtors® Association. She has also served on the board of directors of Colsac Skiers Adaptive Waterski School.

Maddente brings more than 30 years of experience to her new role as president, stepping up from senior vice president and regional manager. Maddente brings passion and energy to her role and works diligently to drive innovation and progess. She has served as a Director of the Wisconsin Realtors® Association, as well as the past president of the Metro Multiple Listing Service where she remains a current member of the executive committee. She also serves as president of the First Weber Foundation.

“Together, Shawna and Tammy make a great team and bring creative energy and passion to First Weber. Their experience, knowledge, and work ethic speak for themselves, and we are so excited for this next chapter,” said Donnell, Chairman of First Weber. “I am extremely proud of everyone at First Weber and everything we have accomplished together. Our future is bright. The company is in very capable hands.”

“Both Shawna and Tammy have proven themselves to be effective leaders,” said Gino Blefari, CEO of HomeServices of America, the parent company of First Weber. “I am confident that with their fresh perspective and drive, First Weber is well-positioned for continued growth and success.”


HomeServices of America® Acquires Berkshire Hathaway HomeServices Hudson Valley Properties

Minneapolis, Minn. (September 01, 2021) — HomeServices of America, Inc., a Berkshire Hathaway affiliate, today announced the acquisition of Berkshire Hathaway HomeServices Hudson Valley Properties, the leading real estate company in the Mid-Hudson Valley market for 29 consecutive years. Financial terms were not disclosed.

Founded in 1980 by Steven Domber and headquartered in LaGrangeville, New York, Berkshire Hathaway HomeServices Hudson Valley Properties serves the counties of Dutchess, Ulster, Orange, Columbia, Putnam and Westchester with more than 400 agents in 13 offices. For the 12 months ending in June 2021, Hudson Valley Properties closed nearly 4,300 units representing $1.53 billion of sales volume, earning more than a 24% market share.

The company joined the Berkshire Hathaway HomeServices network as an independent franchisee in 2014, and with this transaction, joins the HomeServices of America family of wholly owned companies. HomeServices has earned the ranking of the largest real estate company based on closed transactions since 2019. Hudson Valley Properties ranks #303 among top 350 real estate brokerages in the United States and is a member of the prestigious Berkshire Elite Circle, ranking #31 in the top 50 brokers of the network worldwide. Domber, founder and president of Berkshire Hathaway HomeServices Hudson Valley Properties, is active in the real estate industry on both the state and national levels. He will continue in his current role as president running the day-to-day operations along with his sales management and leadership team.

Domber and his wife Debbie, vice president and director of marketing at Berkshire Hathaway HomeServices Hudson Valley Properties, are widely recognized for their community involvement and philanthropic contributions. Hudson Valley Properties is a founding sponsor of The Treehouse Foundation of the Hudson Valley, a fundraising organization that supports local children’s charities, including The Sunshine Kids, raising nearly $1 million since 2002.

Hudson Valley Properties will join the Berkshire Hathaway HomeServices New England Properties family of brands–which includes New York, and Westchester Properties, a leading real estate brokerage firm which now has more than 2,200 sales professionals spread throughout 63 offices in Connecticut, Rhode Island, Manhattan, Westchester County and Mid-Hudson Valley, N.Y. 

“Steven, together with his executive team, sales managers, agents and employees, has built an extraordinary organization and demonstrated a longstanding commitment to providing exceptional service to their buyers and sellers,” said Gino Blefari, CEO of HomeServices of America. “Joining Hudson Valley Properties with the New England Properties family of brands  creates exciting opportunities for continued growth.”

“HomeServices stands for everything I have strived for in building our company–strength, stability and integrity,” said Domber, president of Hudson Valley Properties. “By joining HomeServices of America and partnering with Berkshire Hathaway HomeServices New England, New York and Westchester Properties, we will now have access to greater resources and services, which will be a tremendous benefit to all of our associates as they better serve the real estate needs of their clients.”

“Berkshire Hathaway HomeServices Hudson Valley Properties is one of the most highly respected independent brokerages in our global network,” said Candace Adams, president and CEO of the New England Properties family of brands. “The team’s rich local market expertise — coupled with its proven track record of success — makes Hudson Valley Properties an outstanding addition to our growing network of sales professionals now reaching from Manhattan to the Mid-Hudson Valley, underscoring our strength as a regional powerhouse.”

“We are pleased to be expanding our footprint in the Northeast and are committed to its continued growth and success,” concluded Blefari. “We are looking forward to working with Steven and his team of top professionals and are very proud to welcome them to the HomeServices family.”

With this transaction, HomeServices has nearly 46,650 real estate professionals operating in more than 920 offices across 32 states. In 2020, the company’s associates facilitated $152.2 billion in residential real estate sales and more than 346,000 transactions.

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About Berkshire Hathaway HomeServices Hudson Valley Properties

Berkshire Hathaway HomeServices Hudson Valley Properties, with over 400 sales professionals in 13 offices throughout Dutchess and Ulster counties, has been the leading real estate broker in the Mid-Hudson Valley market for 29 consecutive years. Covering all corners of the Mid-Hudson Valley market and serving a full spectrum of consumers, the company has set the standard of professional service through trust, integrity and commitment to extraordinary customer service. For more information, visit www.bhhshudsonvalley.com


HomeServices of America® Acquires Americana Holdings

Minneapolis, Minn. (June 30, 2021) — HomeServices of America, Inc., a Berkshire Hathaway affiliate, today announced that it has acquired Americana Holdings, one of the largest independently owned and operated Berkshire Hathaway HomeServices franchisees. The company operates across three states as Berkshire Hathaway HomeServices Arizona Properties, Berkshire Hathaway HomeServices California Properties, and Berkshire Hathaway HomeServices Nevada Properties. The acquisition includes Americana Holdings’ interests in the following title and escrow companies: Legendary Title Agency (Arizona), Legendary Escrow Services (California), and Equity Title (Nevada). Financial terms of the transaction were not disclosed.

Headquartered in Henderson, Nevada, Berkshire Hathaway HomeServices Arizona, California, and Nevada Properties serve the tri-state area with nearly 3,000 sales associates in 32 offices in communities throughout Arizona, Southern Nevada, and Orange County. The company joined the Berkshire Hathaway HomeServices network as an independent franchisee in 2014 and with this transaction, now joins the family of HomeServices of America wholly owned companies. In 2018, Berkshire Hathaway HomeServices Nevada Properties entered the Inc 5000 Hall of Fame after being named as one of the country’s fastest-growing private companies for five years. In 2018, it also was ranked No. 32 on the Swanepoel Mega 1000, a list of the largest real estate brokerages in the U.S. by sales volume.

Berkshire Hathaway HomeServices Arizona, California, and Nevada Properties is known for their commitment to providing agents and clients with the highest level of customer service, expertise, and resources. They rank #1 in Nevada in sales volume and #4 in transactions across the global Berkshire Hathaway HomeServices network. Nationally, they rank #19 in sales volume and #34 in transaction sides according to the 2021 Real Trends 500 report. In 2020, the company closed more than 14,000 units and more than $7 billion in volume.

Mark Stark, the company’s chief executive officer, has nearly 40 years of real estate experience and is among real estate’s most recognized and influential leaders. In 2020, Stark was named among the “Most Powerful People in Real Estate” in the Swanepoel Power 200. Stark, together with president and chief operating officer Gordon Miles, will continue to lead Berkshire Hathaway HomeServices Arizona, California, and Nevada Properties’ strategic planning and growth initiatives as well as manage the company’s day-to-day operations.

“Mark and Gordon, together with their team of extraordinary sales managers and agents, have built an exceptional organization and demonstrate a level of expertise and leadership that is second-to-none in the real estate business today,” said Gino Blefari, CEO of HomeServices of America and chair of Berkshire Hathaway HomeServices.

“HomeServices is an outstanding organization,” said Stark. “When you combine the incredible strength of our people and the history of our success with Gino’s unsurpassed leadership and the spirit of innovation and the financial strength of HomeServices, there is no limit to what we can accomplish.”

“We are committed to Berkshire Hathaway HomeServices Arizona, California, and Nevada Properties’ continued growth and success,” concluded Blefari. “We look forward to working with Mark and his team and are very proud to welcome them to the HomeServices family.”

The acquisition extends HomeServices’ national footprint to Nevada and further expands its presence in both Arizona and California. Now serving these areas from the HomeServices family of companies are Tucson-based Long Realty, a HomeServices company since 1999; San Diego-based Berkshire Hathaway HomeServices California Properties (2002); Fresno-based Guarantee Real Estate (2013); and Silicon Valley-based Intero Real Estate (2014). With this transaction, HomeServices has nearly 46,250 real estate professionals operating in more than 900 offices across 32 states.

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About Berkshire Hathaway HomeServices Arizona, California and Nevada Properties

Americana Holdings operates Berkshire Hathaway HomeServices Nevada Properties, Berkshire Hathaway HomeServices Arizona Properties and Berkshire Hathaway HomeServices California Properties. The firms are leaders in their respective markets with 32 offices and more than 3,000 real estate sales executives, comprising the largest independently owned Berkshire Hathaway HomeServices franchise in the world. Last year, the firm completed a record-breaking $7.1 billion in residential home sales. It is a member of the Inc 5000 Hall of Fame for being one of America’s fastest growing private companies for five consecutive years. For more information, visit www.bhhsnv.com, www.bhhsaz.com or www.bhhscaproperties.com.  

About HomeServices of America

HomeServices of America, through its operating companies, is the nation’s largest residential real estate company based on closed transactions and is the country’s premier provider of homeownership services, including brokerage, mortgage, franchising, settlement, insurance, and relocation services. HomeServices of America is the owner of the Berkshire Hathaway HomeServices and Real Living Real Estate residential real estate franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc. For more information visit www.homeservices.com.

MEDIA CONTACT:

Caroline Underwood / cunderwood@krepspr.com

P: 305.588.7108


HomeServices of America® Announces Christy Budnick as CEO of HSF Affiliates

Minneapolis, MN (May 24, 2021)—HomeServices of America, a Berkshire Hathaway affiliate, today announced that Christy Budnick, president and CEO of Berkshire Hathaway HomeServices Florida Network Realty, has been named chief executive officer of HSF Affiliates, which operates and manages the Berkshire Hathaway HomeServices and Real Living Real Estate real estate brokerage franchise networks. Budnick was also named CEO of the Berkshire Hathaway HomeServices network. Budnick replaces Chris Stuart who has departed the organization to pursue other opportunities. 

“I am pleased to welcome Christy as CEO of HSF Affiliates,” said Gino Blefari, chairman of HSF Affiliates and president and CEO of HomeServices of America. “She is a strong, charismatic and decisive leader who has done an excellent job gaining the trust of both her agents and their buyers and sellers.  She brings a tremendous amount of experience, integrity and innovation and I am confident that she will take Berkshire Hathaway HomeServices and Real Living to new levels of success.”

As CEO of HSF Affiliates, Budnick will oversee both the Berkshire Hathaway HomeServices and the Real Living Real Estate franchise networks. Berkshire Hathaway HomeServices is one of the world’s fastest-growing residential real estate brokerage franchise networks, with more than 50,000 real estate professionals and nearly 1,500 offices throughout the U.S., Canada, Mexico, Europe, and the Middle East. In 2020, the network associates facilitated more than $138 billion in real estate sales volume. Real Living Real Estate is a full-service real estate brokerage franchise company with a comprehensive suite of resources for franchisees and sales professionals, as well as for consumers who work with them. In 2016 and 2017, Real  Living Real Estate was named “Real Estate Agency Brand of the Year” in the ongoing Harris Poll EquiTrend® study; and was named “Most Loved” and “Most Trusted” real estate brand in the study in consecutive years.

Most recently, Budnick served as president and CEO of Berkshire Hathaway HomeServices Florida Network Realty, one of the most respected real estate firms throughout Northeast Florida. “I am honored and humbled by the opportunity to lead HSF Affiliates and its brands, said Budnick. “The Berkshire Hathaway HomeServices and Real Living owners and managers are extraordinary operators and their teams of agents are among the most experienced, productive and talented in the business. With the guidance and support of Gino Blefari, I am looking forward to growing our brands and continuing to help position our affiliates for even greater success.”

Budnick brings a unique perspective that combines knowledge and experience in brokerage management and operations to her new role. She began her career working for Bank of America as its vice president of sales and leadership training. She joined Florida Network Realty in 2002 as manager of the Beaches branch office and was promoted to executive vice president of residential real estate before transitioning to president and CEO in 2018. Budnick led the company to new levels of success by creating a one-stop shopping environment for residential real estate clients, offering the core services needed to buy, sell, or finance a home.  Under her leadership, the company has experienced year-over-year growth and with a team of more than 475 real estate professionals in nine offices throughout Northeast Florida, the company achieved more than $1.44 billion in closed sales in 2020 and ranks as one of the Top 25 companies in the Berkshire Hathaway HomeServices network.

Budnick’s leadership extends to numerous industries, as well as civic and charitable organizations. She is a board member of Dreams Come True, a Jacksonville nonprofit organization dedicated to fulfilling the dreams of children battling life-threatening illnesses, serving as President of its 2019-2020 Board of Directors. Budnick is a member of the JAX Chamber and the Northeast Florida Association of Realtors and is a supporter of The Donna Foundation and the Wolfson Children’s Hospital of Jacksonville. In 2019, Budnick was recognized as a Women of Influence honoree by the Jacksonville Business Journal. Budnick is listed in the 2021 Swanepoel Power 200 ranking the 200 most powerful and influential executives and leaders in the residential real estate brokerage industry.

“The future of HSF Affiliates couldn’t be brighter,” concluded Blefari. “Christy’s unmatched experience and fresh perspective combined with her outstanding leadership skills make her the perfect person to grow our networks and help our affiliates take their businesses to new heights.”

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About HSF Affiliates LLC

Irvine, CA-based HSF Affiliates LLC operates the Berkshire Hathaway HomeServices and Real Living Real Estate brokerage networks. The company is a subsidiary of HomeServices of America, Inc., the nation’s largest, full-service residential brokerage firm and Berkshire Hathaway Inc. affiliate. Visit www.hsfaffiliates.com.

About Berkshire Hathaway HomeServices

Irvine, CA-based Berkshire Hathaway HomeServices is one of America’s fastest-growing real estate brokerage networks with nearly 50,000 agents and 1,400+ offices named to the brand since its launch in September 2013. The brand was recognized as “Real Estate Agency Brand of Year” and “Most Trusted Real Estate Brand” in the 2018 Harris Poll EquiTrend Study; and for “Highest Satisfaction Among Repeat Home Buyers Among National Full Service Real Estate Firms” in J.D. Power’s 2018 Home Buyer/Seller Satisfaction StudySM. Visit www.berkshirehathawayhs.com.

About Real Living Real Estate

Real Living Real Estate is a full-service real estate brokerage franchise company with a comprehensive and integrated suite of resources for franchisees and their sales professionals, as well as for consumers who work with them. Visit www.realliving.com.

About HomeServices of America

HomeServices of America, through its operating companies, is the nation’s largest residential real estate company based on closed transactions and is the country’s premier provider of homeownership services, including brokerage, mortgage, franchising, settlement, insurance, and relocation services. HomeServices of America is the owner of the Berkshire Hathaway HomeServices and Real Living Real Estate residential real estate franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc. For more information visit www.homeservices.com


EBBY HALLIDAY COMPANIES HIRE FIRST OKLAHOMA AGENTAFTER EXPANSION ACROSS RED RIVER

(EVERYWHERE, OK – May 18, 2021) In historic news for the Ebby Halliday Companies, President & CEO Chris Kelly announced that the first agent has been hired for the first Ebby Halliday office outside of Texas. Stan Gardner, an established real estate professional in Owasso, OK, near Tulsa, will carry this unique distinction into his new role. 

“Stan is a highly respected agent and member of the community,” Kelly says, “with qualities that dovetail nicely with our mission of ‘People First. Lasting Relationships. Elevating Real Estate.’ He has proven a visionary and entrepreneur in his career decisions thus far, so becoming our first resident Oklahoma agent seems to be a natural progression of that.”

The Ebby Halliday Companies first expanded into Oklahoma in October 2020 with a virtual presence. Since that time, more than a dozen Ebby Halliday agents have become dual licensed in both states. 

Sherry Smith, who currently manages Ebby offices in Sherman and Whitesboro near the Texas/Oklahoma border, has been appointed as the Oklahoma office’s first sales leader. 

About Gardner’s hiring, Smith says, “As we cross the Red River and begin building rapport with our neighbors to the north, it was crucial to bring someone onboard who could help us lay a firm foundation there. From Stan’s military service to his successful business ventures to his work with local Eagle Scouts, he invests himself wholeheartedly in whatever he does. We are excited to watch him do that in this case as well.”

Originally from Boston, Gardner attended Norwich University, a Military Academy in Vermont. He started a stainless-steel pipe business from the ground up at the age of 30 and was also the No. 1 recommended service distributor to the pulp and paper industry in the Northeast for 20 years. Outside of work, Stan has served as a local Scoutmaster with Boy Scouts, helping over 30 young men become Eagle Scouts. He once started a Boy Scout troop in an urban Tulsa neighborhood and promoted three Eagle Scouts from it, which was a first in the history of a HUD Housing Development.

His diverse background has provided Gardner the opportunity to work with professional men and women, city council members and people from all walks of life – the perfect segue to his career in real estate.

Once licensed, it didn’t take long for Gardner and his team to become No. 1 in sales production in Owasso. 

“My specialty is selling custom homes and working with developments,” Gardner says. “I have been one of the Top 25 Realtors in Tulsa for the past 10 years and am the No. 1 luxury Realtor in Stone Canyon in Owasso. My clients say that I’m the hardest-working Realtor they know. ‘Like a dog with a bone, finds it and moves it!’ I’m excited to work hard at growing the Ebby Halliday brand in Oklahoma.” 

Stan is a USMC Vietnam Veteran and lives with his wife, Maria, whom he enjoys traveling with all over the country. 

Stan Gardner can be reached at 918-430-8247 or stangardner@ebby.com.

For more information about Ebby’s Oklahoma office, contact Sherry Smith at 903-893-5921 or sherrysmith@ebby.com.

About the Ebby Halliday Companies

Having celebrated 75 years of service to North Texans and those moving to the region in 2020, the Ebby Halliday Companies are No. 1 in Texas by sales volume. The Ebby Halliday Companies were acquired in 2018 by HomeServices of America, a Berkshire Hathaway affiliate, which is the country’s largest residential real estate company based on transactions. The Ebby Halliday Companies’ core-services brands include Prosperity Home Mortgage, Home Team Insurance, Texas Premier Title and HSTX Title. For more information, visit ebby.com. 


INTERO CONTINUES EXPANDING SERVICE OFFERINGS WITH HOMESERVICES INSURANCE AGENCY PARTNERSHIP

CUPERTINO, Calif. (May 13, 2021) — Intero®, a Berkshire Hathaway affiliate and wholly owned subsidiary of HomeServices of America, Inc., today announced the launch of HomeServices Insurance Agency within the company’s real estate services network. The HomeServices Insurance Agency announcement comes on the heels of the company’s other core real estate services that include partnerships with Prosperity Home Mortgage LLC and Orange Coast Title Company.

“Our mission at Intero is to provide customers with all their real estate services under one roof,” said Brian Crane, co-founder and CEO of Intero. “Insurance is key to completing that mission and we couldn’t be more excited to partner with HomeServices Insurance Agency to provide the best products and services available in the marketplace.”

In conjunction with the HomeServices Insurance Agency announcement, Intero is also proud to announce that Jyotirmoy “Jay” Bhattacharya will become the first insurance agent servicing Intero clients. Mr. Bhattacharya comes to HomeServices Insurance Agency with a wide array of experience from such insurance brands at AAA, Allstate, Geico and State Farm. In 2015, Mr. Bhattacharya made the switch from an engineering and technical background to the insurance industry. He has established himself as a top-tier insurance agent and has won several service awards for his sales excellence.

“We are excited to partner with Intero to offer their clients the best insurance products available with a level of service unsurpassed in the industry,” said Christopher Rosati, president and CEO of HomeServices Insurance, Inc. “We are thrilled to have Jay join the HomeServices Insurance Agency team. We are confident that with his experience and his dedication to the client, he will play a pivotal role in the success of HomeServices Insurance Agency within the Intero network.”

“Delivering insurance services is key to rounding out the core offering that Intero provides to their clients,” said Gino Blefari, CEO of HomeServices of America, the parent company to Intero, a Berkshire Hathaway affiliate. “I can’t think of a better partnership than Intero and HomeServices Insurance Agency. Both companies are dedicated to providing top-of-the-line service to their clients and working tirelessly to make sure that every customer walks away with a smile on their face.”

About the Intero Brand:

Intero, a Berkshire Hathaway affiliate and wholly owned subsidiary of HomeServices of America Inc., serves Northern California and Nevada with 23 offices throughout the greater Silicon Valley, San Francisco, Calaveras County, Western Nevada and the Greater Lake Tahoe Region. The Intero Franchise network is comprised of 38 affiliates located in Alabama, California, Nevada, Tennessee and Texas. The company is headquartered in the heart of California’s Silicon Valley.

Find more information about Intero at www.intero.com. Find more information about HomeServices of America at www.homeservices.com.

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