Berkshire Hathaway Home Services is a residential real estate services company. The company provides
real estate brokerage services,
mortgage loan origination,
franchising
Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its busine ...
,
title insurance/
escrow and
closing services,
home warranties,
property insurance,
casualty insurance, and
relocation service
Relocation services, employee relocation, military Permanent Change of Station (PCS) or workforce mobility include a range of internal business processes to transfer employees, their families, and/or entire departments of a business to a new loc ...
s.
The company's real estate brokerage division operates under 43 brand names, which are listed on its website.
History
The company traces its roots to Amerus Home Services Inc.
In 1998, Amerus Home Services was acquired by MidAmerican Energy Holdings Company.
In 1999, MidAmerican renamed its brokerage business HomeServices and acquired Semonin Realtors, operating in Louisville, and Long Realty, operating in Arizona.
In 1999,
Berkshire Hathaway acquired MidAmerican Energy Holdings Company.
In 2006, the company acquired Atlanta based real estate brokerage Harry Norman, Realtors®.
In 2012, the company acquired real estate brokerage firms from Prudential and Real Living.
In August 2013, the company acquired Prudential Fox & Roach, Realtors®/Trident Group.
In November 2013, the company acquired Prudential Rubloff Properties, operating in the
Chicago area.
In May 2014, the company acquired Intero Real Estate Services, operating in
Silicon Valley.
In July 2015, the company acquired Prudential Centennial Realty, operating in Westchester County, and First Weber, the largest residential brokerage in
Wisconsin.
In January 2017, the company acquired Houlihan Lawrence, the largest residential brokerage in
Westchester County.
In April 2017, the company acquired Gloria Nilson & Co. Real Estate, a residential brokerage in
New Jersey. The company also formed a strategic alliance with
Juwai.com, China's largest
overseas property portal offering access to
high-net-worth individual
High-net-worth individual (HNWI) is a term used by some segments of the financial services industry to designate persons whose investible wealth (assets such as stocks and bonds) exceeds a given amount. Typically, these individuals are defined ...
Chinese buyers looking to purchase homes.
In June 2017, Robert Moline, president of the company, retired.
In September 2017, the company acquired
Long & Foster
Long & Foster Real Estate is part of The Long & Foster Companies, a subsidiary of HomeServices of America, a Berkshire Hathaway affiliate. HomeServices is the nation’s largest real estate brokerage by transaction sides and one of the largest pro ...
.
In 2018, the company acquired North Texas real estate firm Ebby Halliday.
In 2020, they originated 43,683 mortgages with a value of $13.8 billion.
In 2022, through its
Edina Realty subsidiary acquired
Sioux Falls, South Dakota based Hegg Realtors
In November 2022, the company acquired Fillmore Real Estate, the largest real estate agency in
Brooklyn, New York.
References
{{Real estate
Real estate services companies of the United States
Companies based in Minneapolis
Financial services companies established in 1998
Real estate companies established in 1998
Berkshire Hathaway
American real estate websites
Property management companies