Parent company of Edina Realty to launch new real estate franchise

Minnesota-based Home Services of America Inc., a Berkshire Hathaway affiliate and owner of Edina Realty, is teaming up with Brookfield Asset Management to create Berkshire Hathaway Home Services, the Star Tribune reports. The new real estate firm will launch next year and be based in California. Terms of the deal were not released.
Author:
Publish date:

Minnesota-based Home Services of America Inc., a Berkshire Hathaway affiliate and owner of Edina Realty, is teaming up with Brookfield Asset Management to create Berkshire Hathaway Home Services, the Star Tribune reports. The new real estate firm will launch next year and be based in California. Terms of the deal were not released.

"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," Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., said in a news release.

Next Up

Related

Edina Realty closes the door on Realtor.com

The Minnesota-based real estate company says listings from the national portal will be removed within 10 days. In November, Edina Realty announced it would no longer send listings to third-party real estate websites that aren't controlled by real estate brokerages.

Ecolab launches new bio-based cleaners

Minnesota-based Ecolab Inc. has introdcued a new environmentally friendly line of bio-based cleaners for commercial uses designed for hard surfaces like glass and bathroom surfaces. The company says the products are made from "plant-derived natural resources" and don't require protective equipment for use.

Edina company seeks out ugly kitchens

An Edina company is looking for the most hideous kitchens in the Twin Cities. The Edina Patch reports that Referral Buzz, an online referral network connecting homeowners with residential service professionals, is taking submissions for the next three months from homeowners who are willing to call their kitchens "ugly."