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4-Traders Homepage  >  Equities  >  Nyse  >  Berkshire Hathaway Inc.    BRK.A

Delayed Quote. Delayed  - 08/26 09:59:55 pm
222040 USD   -0.43%
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Berkshire Hathaway : Great Expectations Realty Affiliates with the Berkshire Hathaway HomeServices Real Estate Brokerage Network

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08/27/2016 | 06:07pm CEST

Independent brokerage Great Expectations Realty joined Berkshire Hathaway HomeServices and today commemorated its transition with ceremonies at its Charleston headquarters. The event culminated two days of training and brand exposure for agents and company employees. Guests included Charleston Mayor Danny Jones, Hurricane Mayor Scott Edwards, and Gino Blefari, CEO of Berkshire Hathaway HomesServices.

Brokerage owners Mike Callaghan and Cheri Heflin Callaghan thanked their agents for the companys progress to date and stressed that the best is yet to come. The future looks great from our perspective, said Mike Callaghan, broker of record. Our networks namesake is Berkshire Hathaway Inc., one of the worlds most respected, trusted and admired corporations, according to Barrons, Forbes, Fortune and others. This brand will stand apart in the Kanawha Valley and our other targeted markets, just as it has in markets across America.

Cheri Callaghan, associate broker, said Berkshire Hathaway HomeServices will appeal to clients and agents alike. Homebuyers and sellers see the networks Cabernet and White yard signs as symbols of quality and prestige, she explained. It has also been wonderful to see how top sales professionals have responded to the brand. Weve already hired talented agents directly as a result of our brands marketing advantages.

Berkshire Hathaway HomeServices is Americas fastest-growing brokerage network with more than 42,300 agents in 47 states named to the brand since its launch three years ago. The networks technology suite, the Global Network Platform, includes some of the most powerful tools in real estate focusing on lead generation, marketing support, social media, video production/distribution and more. Berkshire Hathaway HomeServices tools are over the top and will help us immediately, said Sallie Hart, a brokerage sales leader specializing in high-end properties.

Beyond technology, the brand provides national and international marketing support, professional education and the exclusive Luxury Collection for high-end and resort listings. Cheri and I had a vision to bring top-tier marketing and technology support services to agents and their clients, said Mike Callaghan. We believe weve delivered that and more through our Berkshire Hathaway HomeServices affiliation.

Great Expectations Realty is the networks second franchisee in West Virginia. Parkersburg-based Berkshire Hathaway HomeServices Real Estate Center, a charter franchisee, dominates the Mid-Ohio Valley market with a 53% market share in total sales.

We look forward to an active referral relationship with Real Estate Center and other network affiliates, plus the corporate relocation opportunities that come through the brand, said Cheri Callaghan. Were ready to grow our brokerage far into the future.

Blefari applauded the brokerages affiliation. Great Expectations Realty is known for sound leadership, quality agents and superior client care, he said. We are delighted this brokerage represents our network in the Kanawha Valley.

(c) 2016 All Rights Reversed for Saudi Press Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2016 218 666 M
EBIT 2016 18 123 M
Net income 2016 19 799 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 18,72
P/E ratio 2017 18,35
Capi. / Sales 2016 1,67x
Capi. / Sales 2017 1,59x
Capitalization 364 852 M
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 240 912 $
Spread / Average Target 8,5%
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Warren Edward Buffett Chairman & Chief Executive Officer
Marc D. Hamburg CFO, Senior VP & Head-Investor Relations
Charles Thomas Munger Vice Chairman
David Sanford Gottesman Independent Director
Walter Scott Independent Director
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