HomeServices of America, Inc., a Berkshire Hathaway affiliate, announced the acquisition of Berkshire Hathaway HomeServices Real Estate Professionals, one of western Oregon’s leading residential real estate brokerage firms. Terms were not disclosed.
Headquartered in Salem, Oregon, Berkshire Hathaway HomeServices Real Estate Professionals serves the communities of Salem, Keizer, Stayton, Corvallis, Albany, Eugene, Springfield and Roseburg with nearly 200 agents in seven offices.
Real Estate Professionals will join the Berkshire Hathaway HomeServices Northwest Real Estate family of companies, which has offices serving the Portland and Seattle metropolitan areas and surrounding communities, along with Central Oregon, Yamhill County and the Oregon coast.
Byron Hendricks, the current president and CEO of Real Estate Professionals, will continue to manage the company’s day-to-day operations along with its sales management teams. Real Estate Professionals will continue to operate under its existing name without change or interruption.
“Real Estate Professionals has been a long-time, valued partner to Berkshire Hathaway HomeServices Northwest Real Estate and I am excited that this great company will be part of our team,” said Jason Waugh, president and CEO of Berkshire Hathaway HomeServices Northwest Real Estate. “Joining our companies will create exciting opportunities for continued growth as we serve our clients throughout the Pacific Northwest.”
“This transaction makes one of the premier firms in western Oregon an even stronger organization,” Hendricks said. “By joining HomeServices of America and uniting with Berkshire Hathaway HomeServices Northwest Real Estate, we will be unmatched in our ability to serve the real estate needs of new and existing clients throughout the communities we serve.”
“Real Estate Professionals is a company known for its for strong leadership and talented agents,” said Ron Peltier, chairman and CEO of HomeServices. “This transaction aligns with our vision of expanding our presence within existing markets by acquiring market-leading companies that share our core values.”
With this transaction, HomeServices has nearly 27,000 real estate professionals operating in 487 offices across 27 states and the Berkshire Hathaway HomeServices Northwest Real Estate family of companies extends service into southern Oregon.