MINNEAPOLIS - HomeServices of America Inc., a Berkshire Hathaway affiliate, and Brookfield Asset Management, announced recently that it has partnered to introduce Berkshire Hathaway HomeServices - a new franchise brand that joins the existing brands and affiliate networks of Prudential Real Estate and Real Living Real Estate. The new partnership includes Prudential Colorado Properties in the Vail Valley.
The combined networks of more than 53,000 Prudential Real Estate and Real Living Real Estate agents generated in excess of $72 billion in residential real estate sales volume in 2011, and operate across more than 1,700 U.S. locations.
"Berkshire Hathaway HomeServices is a new franchise brand built upon the financial strength and leadership of Brookfield and HomeServices," said Warren Buffett, chairman and CEO of Berkshire Hathaway Inc. "I am confident that these partners will deliver value to the residential real estate industry, and I am pleased to have Berkshire Hathaway be a part of the new brand."
"We are honored and proud to be entrusted with the use of the Berkshire Hathaway name as our new real estate franchise brand," said Ron Peltier, chairman and CEO of HomeServices. "We will convey the strength of Berkshire Hathaway's reputation and its associated principles of integrity and financial stability in everything we do."
To learn more, go to www.homeservices.com