Berkshire Hathaway HomeServices plans to be real estate industry game changer in La Jolla and nationally

HomeServices of America, Inc., a Berkshire Hathaway affiliate, and Brookfield Asset Management announced they have partnered to introduce Berkshire Hathaway HomeServices, a new franchise brand that joins the existing brands and affiliate networks, including Prudential Real Estate nationwide.

The announcement signals a defining moment in real estate, according to the partners, who stated via a press release that, “It unites the strengths of two industry leaders, bringing together unparalleled operational excellence, innovation and integrity.

“With a vision to become the most respected and valued company in the real estate market, this powerful new network will exemplify the reputation of Berkshire Hathaway — among Fortune’s 2012 most admired companies — in the real estate space.”

Prudential California Realty, a wholly owned company of HomeServices, stated it is honored to be part of the game-changing strategy. “The power of HomeServices and Berkshire Hathaway is unmatched in our industry. The national and international reach for our sales associates will be unparalleled,” said David M. Cabot, president/CEO.

Leeann Iacino, COO of Prudential California Realty, added: “This announcement represents an extraordinary opportunity for our clients, and our sales associates, that is second to none. We are so proud to be associated with the combined strength that Berkshire Hathaway and HomeServices represents in this real estate industry game-changing announcement.”

Since the inception of HomeServices 15 years ago, it has been an ongoing plan to grow as a national brand; this escalates the opportunity. HomeServices will continue to identify companies for acquisitions in other markets locally, nationally and internationally.

With almost 3,000 sales associates in 60 offices across Southern California and the Central Coast, Prudential California Realty represented more than $9 billion in sales volume in 2011.

HomeServices of America represented almost $32 billion in residential real estate sales with 114,500 transactions in 2011 and closed more than $3 billion in home mortgages.

Information about Berkshire Hathaway HomeServices is available at berkshirehathawayhs.com

Related posts:

  1. Jason Hughes and David Marino join forces to give commercial tenants a voice
  2. La Jolla building permit applications Nov. 22-26
  3. La Jolla building permit applications Nov. 15-19
  4. San Diego homeowners in danger of foreclosure down from 2009
  5. La Jolla homes sold Oct. 18-22

Short URL: http://www.lajollalight.com/?p=97633

Posted by Staff on Nov 14, 2012. Filed under Homes, Real Estate Trends, Real Estate Trends. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

La Jolla Community Calendar

Facebook

Bottom Buttons 1

Bottom Buttons 2

Bottom Buttons 3

Bottom Buttons 4

Bottom Buttons 5

Bottom Buttons 6

RSS North Coastal News

  • Surf Soccer Club Academy GU9 team tops in division at 2014 Albion Cup July 25, 2014
    The Surf Soccer Club Academy GU9 team took first place in the 2014 Albion Cup (Girls U9 Cup) on July 18-21. They beat Carlsbad United’s top GU9 team in the semi-finals and went on to shut out Strikers FC in the finals, 4-0. Awesome tournament play by the entire team! […]
  • Surf Academy Select BU9 win it all at Albion Cup July 25, 2014
    San Diego Surf Academy Select BU9 won it all at the Albion Cup July 19-21! After winning their Showcase division by going unbeaten all weekend, they defeated Legends FC 4-1 in the finals on Monday. This is the second year in a row this team has won the Albion Cup. […]
  • Pushing boundaries July 24, 2014
    Few issues cause parents more distress than changes in school boundaries. Who can forget the tumult when in 2002 the Del Mar Union School District moved hundreds of families from one attendance area to another? Resentment still lingers, 12 years later. The San Dieguito Union High School District created its system of boundaries nearly 18 years ago that has w […]