Press Releases 8/15/2017

BERKSHIRE HATHAWAY HOMESERVICES CAROLINAS REALTY ANNOUNCES ACQUISITION OF BERKSHIRE HATHAWAY HOMESERVICES PINEHURST REALTY GROUP Berkshire Hathaway HomeServices Pinehurst Realty Group merges with the Berkshire Hathaway HomeServices Carolinas Realty family of companies, expanding the company’s footprint in the North Carolina residential real estate market WINSTON-SALEM, NC (August 15, 2017) – Berkshire Hathaway HomeServices Carolinas Realty today announced the acquisition of Berkshire Hathaway HomeServices Pinehurst Realty Group, a two-office, 40 agent brokerage company serving the Pinehurst and Southern Pines areas of North Carolina.  The transaction expands the footprint of the Berkshire Hathaway HomeServices Carolinas Realty family of companies and its position as a market leader in Charlotte, the Triad, and the Triangle metropolitan areas and surrounding communities of North Carolina.  With this transaction, the Berkshire Hathaway HomeServices Carolinas Realty family of companies has nearly 900 sales associates in 15 offices.  Financial terms were not disclosed. Berkshire Hathaway HomeServices Pinehurst Realty Group, which was led for many years by William P. Saunders Jr., is one of the oldest and most respected firms in the area, known for its knowledgeable agents and has a long-standing reputation for providing clients in the residential real estate market with the highest level of customer service, expertise and resources.  The company’s sales volume for 2016 was nearly $91 million. Kay Beran, the current CEO of Berkshire Hathaway HomeServices Pinehurst Realty Group, will continue to serve as the Senior Managing Broker.  Berkshire Hathaway HomeServices Pinehurst Realty Group will continue to operate under its existing name without change or interruption. “Pinehurst Realty Group is an outstanding company with a great reputation in the Pinehurst and Southern Pines market,” says Tommy Camp, president & CEO, Berkshire Hathaway HomeServices Carolinas Realty.  “We are proud to welcome Kay Beran, BHHS Pinehurst Realty Group Broker/Owner, and her team of top professionals to our family of companies in North Carolina.” “We are delighted to be part of this fantastic group with their track record for sales and service that mirrors our concept of what a real estate firm should be – a great neighbor in the community providing the highest quality of professional services to their clients,” said Beran.  “The resources that are now available to our sales associates positions them to provide an even greater level of service to our clients.” — More — Page 1 of 2