HomeServices of America Inc., the company owned by billionaire Warren Buffet, has acquired the Ebby Halliday brand. The acquisition includes Ebby Halliday, REALTORS®; Dave Perry-Miller Real Estate; and William Trew Real Estate. The brand boasts more than 1,700 agents in over 30 offices. Its affiliates, Home Team Mortgage and Texas Premier Title, are also included in the deal.
Ebby Halliday |
Despite the acquisition, the Ebby Halliday brand will remain the same. The company was founded in 1945 by legendary North Texas powerhouse Ebby Halliday, known as a pioneer for women in the real estate industry. Halliday
passed away in 2015.
The financial terms of HomeService’s acquisition have not been disclosed. Ebby Halliday, REALTORS® ranks number-11 on RISMedia’s 2018 Power Broker Report. The real estate brand closed $8 billion in sales volume in 2017. HomeServices closed more than $125 billion in sales volume in 2017, according to RISMedia’s 2018 Power Broker Report. The brand also includes Berkshire Hathaway HomeServices, Real Living Real Estate, and Prudential Real Estate.
HomeServices has been expanding, mostly by buying up real estate brands in recent months. In January 2017, it acquired Houlihan Lawrence, a major firm in New York City’s northern suburbs. In September, it acquired The Long & Foster Companies in the Mid-Atlantic.
Source: “HomeServices Acquires Ebby Halliday in Latest Move,” RISMedia (May 22, 2018) andHomeServices of America
