Tom Iovenitti has joined Berkshire Hathaway HomeServices California Properties, the company has announced. The long-time real estate executive is developing the company’s Orange County offices, which opened this summer and has already attracted many of the top producing executives in the area. The division of Americana Holdings, which operates in Nevada, Arizona and California, has offices in Yorba Linda, Anaheim Hills and Brea with plans to open several more in the Tri-County area.
Iovenitti has been a licensed real estate broker since 1993 and has owned his own real estate firms including American Family Realty, which was acquired by a Coldwell Banker real estate franchise that he worked with until 2010 managing 17 offices and 1,200 real estate sales executives.
Recently, he served as executive vice president auction.com’s residential real estate division and consulted with real estate technology companies on new analytics for real estate in lead generation and list fulfillment.
Iovenitti says he was inspired to join Berkshire Hathaway HomeServices California Properties after meeting CEO Mark Stark. “He is a true real estate man who sees the future and benefits of support to each sales executive he leads,” he says. “I love that passion and focus in a leader, and it is already paying off. In just 30 days since opening the company’s Southern California offices, we have built an impressive team that is already on track for an estimated $300 million in annual sales volume. With the highly successful team assembled in Nevada at the corporate headquarters and the coaching team here in California, there is no other franchise that meets the remarkable vision of Berkshire Hathaway HomeServices California Properties.”
The division is operated by Americana Holdings, which also operates Berkshire Hathaway HomeServices franchises in both Nevada and Arizona. Combined, the companies have nearly 2,500 real estate sales executives in 25 offices. In 2015, Americana Holdings was recognized as the largest franchise in the Berkshire Hathaway HomeServices organization and last year posted $2.7 billion in sales.
“Berkshire Hathaway HomeServices has become the premier brand in residential real estate and we were thrilled to be recognized among the organization’s top franchises, top teams and top offices in the country,” says CEO Mark Stark. “The brand is now known globally as a leader in technology, marketing and overall representation of buyers and sellers.”