Kathleen Finnegan

rise to new heights – Bershire Hathaway announced

Warren Buffett’s new real estate franchise is officially open for business.  This change has little effect on daily operations, but we are excited by the opportunity to collaborate with such a wonderful network of brilliant minds.

Buffett’s company, Berkshire Hathaway, has launched its Berkshire Hathaway HomeServices California Properties division with about 3,200 agents in more than 62 offices across Southern California and the Central Coast. San Diego-based Prudential California Realty became the first brokerage to relaunch under the HomeServices franchise.

The franchise plans to expand across the U.S. and eventually overseas, says Earl Lee of HSF Affiliates, the Irvine, Calif., company that operates the Berkshire Hathaway HomeServices, Prudential, and Real Living networks.

For Buffett, the second-wealthiest person in the country and a top investor, this is his first time entering the real estate franchise business.

“[Berkshire Hathaway] will add to our image and our ability to do business and the way we deal with our clients,” BHHS California Properties President and CEO David Cabot told Inman News. “To have Warren Buffett lend his name to the real estate world is significant. It lends credibility to the real estate world.”

Thanks for reading!

Kathleen

 

 

This entry was posted on Friday, September 27th, 2013 at 4:31 pm and is filed under Item of Value. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.