Berkshire Hathaway HomeServices Kicks Off Next Phase of Expansion

As the Vail Valley grows its international visitor and owner base and puts the final preparations on hosting the 2015 World Alpine Ski Championships, we are thrilled to announce that Berkshire Hathaway HomeServices intends to expand internationally in 2015.

“When you are part of one of the world’s most respected brands it is only natural to bring the brand to an international audience and clientele”, said Michael Slevin, President, Berkshire Hathaway HomeServices Colorado Properties.  “In the first three months of our transition from Prudential Real Estate to Berkshire Hathaway HomeServices we had inquiries from Mexico, Dubai, Brazil, and Scotland in addition to our domestic feeder markets – the brand resonates with our clientele, they want to be a part of Berkshire Hathaway HomeServices”.

Inman reported the announcement: Having brought nearly all of the brokerages that once did business as Prudential Real Estate under its wing, next year Warren Buffett’s new franchise network will fix its sights on a new target: independent brokerages and companies affiliated with other brands.  That includes overseas firms, says Gino Blefari, who on Jan. 1 will take the reins of HSF Affiliates LLC, the joint venture that runs the Berkshire Hathaway HomeServices, Real Living and Prudential Real Estate brands.  “2015 is going to be all about growth,” said Blefari, who is replacing Prudential Real Estate veteran executive Earl Lee, 69, as CEO of HSF, a joint venture between Buffett’s brokerage company, HomeServices of America, and Brookfield Asset Management.

Berkshire Hathaway HomeServices could add its first overseas affiliate as soon as the latter part of next year, Berkshire Hathaway HomeServices President Stephen Phillips told Inman. Asia is among the burgeoning real estate markets Berkshire Hathaway HomeServices is looking to set up shop in overseas. “The China market is boiling over,” Phillips said.

And with the world’s eyes focused on Vail and Beaver Creek for the world championships in February, Berkshire Hathaway HomeServices Colorado Properties is poised to take advantage of the global stage.  “Vail and Beaver Creek, Colorado are already two of the world’s top destinations,” says Slevin.  We look forward to continuing to serve our domestic clients and emerging international clientele in the coming months and years.  It’s an exciting time.”

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