Berkshire Hathaway HomeServices Grows Rapidly Since Merger
CLEVELAND – With more than 500 agents, Berkshire Hathaway HomeServices at Stouffer Realty finished 2021 with 3,700 houses sold for $745 million in sales volume.
Since Berkshire Hathaway Northwood Realty acquired Stouffer Realty in October 2020, the agency has grown at a fast pace in northeastern Ohio, says Kevin Leonard, president and chief operating officer.
Together with Pennsylvania-based Berkshire Hathaway HomeServices The Preferred Realty, the combined company closed 2021 with more than 20,000 transactions and some $4 billion in sales. It is ranked 21st in the industry based on RealTrends data.
Sales associates and the public have reacted positively to the merger. National brand recognition is the most beneficial effect. “In the past when our sales associates were working with a client outside our local markets, it was challenging. But with BHHS we now have no boundaries, which is a major victory for all,” Leonard says.
Giving back to its local communities is important to the agency, Leonard says. Offices in Boardman, Poland, Salem, Howland, Strongsville, Fairlawn and Medina/Wadsworth supported organizations such as Toys for Tots, the Salvation Army and Youngstown Cityscape, as well as other local events.
Copyright 2023 The Business Journal, Youngstown, Ohio.