Warren Buffett To Buy Ebby Halliday Realtors
Billionaire Warren Buffett’s HomeServices of America Inc., a Berkshire Hathaway affiliate, is buying Ebby Halliday Realtors.
Most Ebby Halliday employees were out of the office on Monday, attending an off-site meeting where company officials announced intentions to be acquired.
“The acquisition will include Ebby’s three real estate brands: Dallas-based Ebby Halliday, REALTORS® and Dave Perry-Miller Real Estate and Fort Worth-based Williams Trew Real Estate, as well as the firm’s affiliated mortgage and title companies,” according to a press release sent after the meetin. “The Ebby Halliday portfolio of companies brands will continue to operate under their current brand names.”
Financial terms of the transaction were not disclosed.
About Ebby Halliday Companies
Serving the residential real estate needs of North Texas since 1945, Ebby Halliday participated in more than 18,800 transactions in 2017, with a sales volume of more than $8 billion. The firm ranks 12th in the nation in sales volume. The Ebby Halliday Companies includes Dallas-based Ebby Halliday, REALTORS® and Dave Perry-Miller Real Estate and Fort Worth-based Williams Trew Real Estate, as well as affiliated companies Home Team Mortgage and Texas Premier Title. For more information, visit ebby.com.
About HomeServices of America
HomeServices of America is the country’s second-largest residential real estate brokerage company and, through its operating companies, is one of the largest providers of integrated real estate services. HomeServices of America is the owner of the Berkshire Hathaway HomeServices, Real Living Real Estate and Prudential Real Estate franchise networks. HomeServices is owned by Berkshire Hathaway Energy, a consolidated subsidiary of Berkshire Hathaway Inc. HomeServices’ operating companies offer integrated real estate services, including brokerage services, mortgage originations, title and closing services, property and casualty insurance, home warranties, and other homeownership services. HomeServices Relocation, LLC, is the full-service relocation arm of HomeServices of America, which provides every aspect of domestic and international relocation to corporations around the world. Information about HomeServices is available at homeservices.com.
