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Berkshire Hathaway HomeServices The Preferred Realty News & Press

Berkshire Northwood Acquires Wadsworth Real Estate Firm

10/29/2019

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Estate Agency Portugal Property Joins Berkshire Hathaway HomeServices

10/11/2019

The company, Portugal’s largest independent real estate brokerage, will operate as Berkshire Hathaway HomeServices Portugal Property. 
 

LISBON, PORTUGAL AND IRVINE, CA (Oct. 4, 2019) -- Berkshire Hathaway HomeServices, one of the world’s fastest-growing real estate brokerage franchise networks, announced expansion into Portugal through an agreement with Portugal Property. The agency will operate as Berkshire Hathaway HomeServices Portugal Property starting today. 
 

Portugal Property, founded in 2008 by CEO Michael Vincent, is Portugal’s largest independent real estate brokerage as measured by real estate sales volume and office count. The brokerage sets local standards for client service and expertise, and for the last eight years has won prestigious European Property Awards for Best Real Estate Agency in Portugal and Best Real Estate Agency Website in Portugal. 
 

“Portugal was an essential target of ours from the outset of our global expansion,” said Gino Blefari, chairman of Berkshire Hathaway HomeServices. “The Portuguese economy has responded nicely from the global downturn and its real estate market is vibrant and growing. We’re elated to enter Portugal with the country’s finest brokerage, Portugal Property, which has ambitious growth plans to serve significantly more local and global clients.” 
 

Portugal Property operates seven offices in Lisbon, Porto and along the Algarve, Portugal’s southern coast. The brokerage and its 43 agents generated nearly USD100 million in real estate sales volume in 2018. The Berkshire Hathaway HomeServices network produced USD114.5 billion in sales volume last year. 
 

“We are proud to bring the Berkshire Hathaway HomeServices brand to Portugal,” said Vincent. “The brand carries the name of Berkshire Hathaway, one of the world’s most respected, trusted and admired companies. As important, the brand is composed of strong brokerages across America, Europe and Dubai, and we anticipate exchanging client referrals with these companies.” 
 

Vincent said the Berkshire Hathaway HomeServices brand will be a beacon for burgeoning global clientele and Portuguese consumers seeking top-rate expertise and guidance. “We have firmly established Portugal Property and now we add an exciting and respected global brand name with abundant resources. We are so excited for the future, which starts today.” 
 

Portugal Property gains access to Berkshire Hathaway HomeServices’ “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution and more. 

 

Berkshire Hathaway HomeServices has aligned with Salesforce to deliver world-class technology support to its network members far into the future. The brand also provides global listing syndication, relocation referrals, professional training and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a compelling lineup of feature stories covering topics that appeal to high-end real estate consumers. 
 

Vincent plans to double the size of his brokerage over the next five years. “We believe the Berkshire Hathaway HomeServices brand will help us gain access to new, upscale markets and more of the world’s affluent real estate investors who are increasingly attracted to our wonderful country,” he said. “All of these factors have come together at once for our brokerage and we’re eager to take our business to new levels.” 

Chris Stuart, CEO of Berkshire Hathaway HomeServices, applauded Portugal Property’s brand membership. “Michael Vincent brings to our network two decades of experience in Portuguese real estate and a strong team of agents and employees,” he said. “We are proud to welcome the group and look forward to helping the brokerage grow into one of Europe’s finest agencies.” 
 

About Berkshire Hathaway HomeServices Portugal Property Portugal Property, founded in 2008 by Michael Vincent, is a full-service estate agency operating throughout Portugal. Visit www.portugalproperty.com. 
 

About Berkshire Hathaway HomeServices Berkshire Hathaway HomeServices, based in Irvine, CA, is a leader in the residential real estate brokerage franchise industry. The network, which has growth to more than 50,000 agents and 1,500 offices in just six years of existence, is among only a few organizations entrusted to use the world-renowned Berkshire Hathaway name. Visit www.berkshirehathawayhs.com. 

Berkshire Hathaway HomeServices The Preferred Realty Merged With Berkshire Hathaway HomeServices Kovack Realtors

09/30/2019

PITTSBURGH, PA. – Southwestern Pennsylvania’s leading real estate company, Berkshire Hathaway HomeServices The Preferred Realty has acquired Berkshire Hathaway HomeServices Kovack Realtors.  

 

Kovack Realtors was founded in 1981 by Darlene Kovack in Wadsworth, Ohio.  Kovack's company grew at a rapid pace, becoming one of the top brokerages in Ohio.  In 1986, Michele Kovack Boyd returned to Ohio to assist in the family business. Since 1996, Boyd has led the company.  She serves as a Director on the Medina County Board of Realtors, is a licensed Continuing Education Provider in the state of Ohio and has a total of 37 agents in her offices. “Joining forces with Berkshire Hathaway HomeServices Northwood Realty Services was a natural progression for Kovack Realtors.  We already love the Berkshire Hathaway HomeServices name, and can grow even more with the local support of Berkshire Hathaway HomeServices Northwood Realty Services,” said Boyd.  Boyd will continue in her role as a managing broker in the office. Local clientele can expect a seamless experience as the new branding is unveiled.  

 

Kevin Leonard, President of Berkshire Hathaway HomeServices Northwood Realty, in the Ohio region, is excited about the skillset Kovack Realtors will bring.  “We are thrilled to have Michele grow with us; she has a terrific reputation along with superior leadership and operational skills,” said Leonard.  

 

Tom Hosack, Berkshire Hathaway HomeServices The Preferred Realty CEO and President is thrilled about the merger.  “Clearly we have a very similar business model with Michele’s Kovack Realtors,” said Hosack. “This joining of forces lets us leverage the power of the Berkshire Hathaway HomeServices name even more.” 

 

The union adds to the brokerage superpower of more than 1,800 agents and 54 offices serving 22 counties in Western Pennsylvania and Eastern Ohio.  The Preferred Realty and its family of companies is the number one residential real estate brokerage in Greater Pittsburgh for homes sold and listings taken based on West-Penn MLS data for the entire year 2019.  It is also the number one independent franchise in the Berkshire Hathaway HomeServices network and the number 22 company across the entire industry for sales units based on REALTrends data.  

 

About Berkshire Hathaway HomeServices The Preferred Realty

Berkshire Hathaway HomeServices The Preferred Realty is a locally owned, full-service real estate company serving the Western Pennsylvania area. Our affiliation with the Berkshire Hathaway HomeServices network provides us with the most advanced technology and tools in the industry. 


 

West Penn Multi-List, Inc. Elects New President

09/20/2019

West Penn Multi-List, Inc., the definitive source for real estate information in a 17-county area in western Pennsylvania, has elected Tom Hosack, president and CEO of Berkshire Hathaway HomeServices The Preferred Realty, as president of West Penn Multi-List, Inc. for a two-year term effective immediately.


West Penn Multi-List, Inc. has elected Tom Hosack, president and CEO of Berkshire Hathaway HomeServices The Preferred Realty, as president of West Penn Multi-List, Inc.


With a longstanding career in real estate, Hosack always has been active in support of the industry. He has experience as chairman of the board for the Realty Alliance and serves on the National Association of REALTORS® Large Residential Firms Real Estate Services Advisory Group. Hosack has been an active member of the REALTORS® Association of Metropolitan Pittsburgh.
 

"Tom has served on the board of the West Penn Multi-List for many years, and we're pleased to have him back as president for the next two years," said Barbara Kohl, chief operating officer, West Penn Multi-List, Inc. "Tom's depth of industry experience, strong leadership and innovative thinking are great assets to our organization." 


A Pittsburgh native, Hosack joined the real estate industry after his tenure as principal at a general contracting company. He became president of Century 21 West Penn, LLC, which at the time, was one of the largest Century 21 companies in the country.  Five years later when Century 21 merged with Northwood Realty, Hosack began his long run with Northwood Realty, being named chief operating officer of the company. In January 2007, he was promoted to president and CEO of Northwood Realty Services.


In August 2018, Northwood Realty Services acquired Berkshire Hathaway HomeServices The Preferred Realty, which now includes 1,800 agents and 54 offices in western Pennsylvania and Ohio, making it the top real estate agency by market share in the region.


Other nominations to West Penn Multi-List, Inc.'s board of directors include:

  • Vice President Greg Hammill, senior vice president of operations, Howard Hanna Real Estate Services;
  • Secretary Ron Croushore, Berkshire Hathaway HomeServices The Preferred Realty;
  • Treasurer Robert Freeman, owner and broker of record, Freeman Realty; and
  • Director George Hackett, president of Coldwell Banker Real Estate Services.

"It's an honor to take on this role in a vibrant market with so many talented people in our industry. I'm excited to help continue advancing our profession through the services, programs and technology we offer to benefit brokers, agents, and their clients," Hosack said.  
 

About West Penn Multi-List, Inc.

West Penn Multi-List, Inc. provides multiple listing services and state-of-the art programs to its broker subscribers and their agents. These programs are offered to stay current with advancing technology and enhance the professionalism of subscribing brokers and their agents, resulting in unparalleled service. Each month, West Penn Multi-List, Inc. issues a residential real estate report representing the 17-county area it services – Allegheny, Armstrong, Beaver, Butler, Cambria, Clarion, Crawford, Fayette, Greene, Indiana, Jefferson, Lawrence, Mercer, Somerset, Venango, Washington and Westmoreland counties.

 

West Penn Multi-List, Inc. Elects New President

09/20/2019

West Penn Multi-List, Inc., the definitive source for real estate information in a 17-county area in western Pennsylvania, has elected Tom Hosack, president and CEO of Berkshire Hathaway HomeServices The Preferred Realty, as president of West Penn Multi-List, Inc. for a two-year term effective immediately.


West Penn Multi-List, Inc. has elected Tom Hosack, president and CEO of Berkshire Hathaway HomeServices The Preferred Realty, as president of West Penn Multi-List, Inc.


With a longstanding career in real estate, Hosack always has been active in support of the industry. He has experience as chairman of the board for the Realty Alliance and serves on the National Association of REALTORS® Large Residential Firms Real Estate Services Advisory Group. Hosack has been an active member of the REALTORS® Association of Metropolitan Pittsburgh.
 

"Tom has served on the board of the West Penn Multi-List for many years, and we're pleased to have him back as president for the next two years," said Barbara Kohl, chief operating officer, West Penn Multi-List, Inc. "Tom's depth of industry experience, strong leadership and innovative thinking are great assets to our organization." 


A Pittsburgh native, Hosack joined the real estate industry after his tenure as principal at a general contracting company. He became president of Century 21 West Penn, LLC, which at the time, was one of the largest Century 21 companies in the country.  Five years later when Century 21 merged with Northwood Realty, Hosack began his long run with Northwood Realty, being named chief operating officer of the company. In January 2007, he was promoted to president and CEO of Northwood Realty Services.


In August 2018, Northwood Realty Services acquired Berkshire Hathaway HomeServices The Preferred Realty, which now includes 1,800 agents and 54 offices in western Pennsylvania and Ohio, making it the top real estate agency by market share in the region.


Other nominations to West Penn Multi-List, Inc.'s board of directors include:

  • Vice President Greg Hammill, senior vice president of operations, Howard Hanna Real Estate Services;
  • Secretary Ron Croushore, Berkshire Hathaway HomeServices The Preferred Realty;
  • Treasurer Robert Freeman, owner and broker of record, Freeman Realty; and
  • Director George Hackett, president of Coldwell Banker Real Estate Services.

"It's an honor to take on this role in a vibrant market with so many talented people in our industry. I'm excited to help continue advancing our profession through the services, programs and technology we offer to benefit brokers, agents, and their clients," Hosack said.  
 

About West Penn Multi-List, Inc.

West Penn Multi-List, Inc. provides multiple listing services and state-of-the art programs to its broker subscribers and their agents. These programs are offered to stay current with advancing technology and enhance the professionalism of subscribing brokers and their agents, resulting in unparalleled service. Each month, West Penn Multi-List, Inc. issues a residential real estate report representing the 17-county area it services – Allegheny, Armstrong, Beaver, Butler, Cambria, Clarion, Crawford, Fayette, Greene, Indiana, Jefferson, Lawrence, Mercer, Somerset, Venango, Washington and Westmoreland counties.

 

Berkshire Hathaway HomeServices The Preferred Realty Hosts Annual Shrimp Boil

09/17/2019



PITTSBURGH, PA. – Southwestern Pennsylvania’s leading real estate company, Berkshire Hathaway HomeServices The Preferred Realty, hosts annual shrimp boil.  The event was held on September 11th at J. Verno Studios and Events in the South Side of Pittsburgh, and September 12th at Brady’s Run Lodge in Beaver, PA. Over 600 agents participated in the two-night event, including CEO and President, Tom Hosack. “Our agents and employees work hard making the dream of homeownership a reality for thousands of buyers each year.  Having a cooked by staff event like this cements the family feeling we strive to represent”, said Hosack.  

 

The annual shrimp boil event is a company favorite and is highly anticipated by agents each year.  2019 was the first year that the event was held two nights in a row. Deb Arrisher, Vice President of Marketing, worked countless hours with her team to put on this event.  “Hosting two events on back-to-back afternoons did present some logistical challenges, but the staff of 17 Berkshire Hathaway HomeServices The Preferred Realty employees worked in unison to make it all happen”, said Arrisher.  

 

Over 240 pounds of shrimp and over 900 clams were consumed, making it the largest event to date.  This huge success is attributed to the recent growth of the company in southwestern Pennsylvania and Ohio.  Berkshire Hathaway HomeServices The Preferred Realty will continue the shrimp boil tradition in 2020.  

 

About Berkshire Hathaway HomeServices The Preferred Realty

Berkshire Hathaway HomeServices The Preferred Realty is a locally owned, full-service real estate company serving the Western Pennsylvania area. Our affiliation with the Berkshire Hathaway HomeServices network provides us with the most advanced technology and tools in the industry. 

 

Berkshire Hathaway HomeServices The Preferred Realty  Joins Partnership With Eddy Homes

09/03/2019

 

PITTSBURGH, PA. – Southwestern Pennsylvania’s leading real estate company, Berkshire Hathaway HomeServices The Preferred Realty, has partnered with Eddy Homes, Inc. to represent and collaborate marketing efforts for their new home communities.  

 

Eddy Homes has been a prominent name in homebuilding for 48 years.  Founded by Edward Moritz, Eddy Homes was built on high standards for quality craftsmanship, personal service and integrity.  Additionally, Eddy Homes’ quality is evident in the individual care and detail they provide to each stage of the home building process. They allow only the finest materials and craftsmanship, working only with contractors and suppliers who share their business philosophy and deliver the best value for their clients’ investments. 

 

Jonathan Moritz, President of Eddy Homes, states, “We are looking forward to introducing sales associates and their clients to our communities and feel well-aligned with the level of professionalism that Berkshire Hathaway HomeServices The Preferred Realty agents bring to the table”.  

 

Eddy homes has built over 1,400  dream homes in 7 communities and is rapidly growing.  Communities, where home builds have been completed, include Allman Acres in Marshall Township, Brookfield Estates in Pine Township, Cherry Valley Estates in McDonald, Indian Ridge in North Strabane,  Justabout Farms in Peters Township, Pinewood Manor in Pine Township, and Sherwood Pond in Peters Township. Eddy Homes will launch their newest low maintenance community, Wexford Station, this fall in Pine Township. 

 

Berkshire Hathaway HomeServcies The Preferred Realty is excited about this new relationship.  The partnership with Eddy Homes will provide visibility and growth for both companies. The Preferred Realty and its family of companies is the number one residential real estate brokerage in greater Pittsburgh for homes sold and listings taken based on West-Penn MLS data for the entire year 2018.  The two companies reputations for integrity and longevity gives consumers the confidence they need to make a home buying decision. Tom Hosack, Berkshire Hathaway HomeServices The Preferred Realty CEO and President is very happy about the partnership. “We are thrilled to have our iconic brand name associated with the communities Eddy Homes builds”, said Hosack.  

 

About Berkshire Hathaway HomeServices The Preferred Realty

Berkshire Hathaway HomeServices The Preferred Realty is a locally owned, full-service real estate company serving the Western Pennsylvania area. Our affiliation with the Berkshire Hathaway HomeServices network provides us with the most advanced technology and tools in the industry. 

 


 

Berkshire Hathaway HomeServices The Preferred Realty Acquires Powell & Associates Real Estate, LLC

08/28/2019

Southwestern Pennsylvania’s leading real estate company, Berkshire Hathaway HomeServices The Preferred Realty has acquired Powell & Associates Real Estate, LLC of Punxsutawney.

Powell Real Estate has been a prominent brokerage in the Punxsutawney market for over 32 years. Owned by Don Powell, they have been well respected for having well trained agents and providing professional real estate services. Additionally, Powell is well versed in land and lot sales, homes, farms and commercial real estate. “We are so pleased to become a part of the world recognized Berkshire Hathaway HomeServices network, and look forward to the many advantages it will bring to our unique market”, says Powell. Don will continue in his role as managing broker in the office. Local clientele can expect a seamless experience as the new branding is unveiled.


Tom Hosack, Berkshire Hathaway HomeServices The Preferred Realty CEO and President is very happy about the merger. “We’re excited to be in the weather capital of the world and be neighbors with the famous Punxsutawney Phil,” said Hosack. “This merger brings a lot of opportunities to the Punxsutawney area.”


The union adds to the brokerage superpower of more than 1,800 agents and 50 offices serving 22 counties in Western Pennsylvania and Eastern Ohio. The Preferred Realty and its family of companies is the number one residential real estate brokerage in Greater Pittsburgh for homes sold and listings taken based on West-Penn MLS data for the entire year 2019. It is also the number one independent franchise in the Berkshire Hathaway HomeServices network and the number 22 company across the entire industry for sales units based on REALTrends data.


About Berkshire Hathaway HomeServices The Preferred Realty 
Berkshire Hathaway HomeServices The Preferred Realty is a locally owned, full-service real estate company serving the Western Pennsylvania area. Our affiliation with the Berkshire Hathaway HomeServices network provides us with the most advanced technology and tools in the industry.

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