Acquisition strengthens HomeServicesâ€™ presence in the Omaha market
HomeServices of America, Inc., has announced that it has acquired Berkshire Hathaway HomeServices Ambassador Real Estate as well as an ownership interest in Ambassador Title Services. Financial terms of the transaction were not disclosed.
Headquartered in Omaha, Nebraska, Ambassador Real Estate serves the Omaha, Lincoln, Council Bluffs, Fremont, and Dundee communities with 630 sales associates operating in five sales offices. In 2017, Ambassador closed more than $2.1 billion in sales volume.
Led by its president Vince Leisey, Ambassador Real Estate has experienced year-over-year market-share growth and is widely recognized for its progressive and collaborative culture. In 2017, the company was ranked in Entrepreneur Magazine and CultureIQâ€™s Top Company Cultures list as the 12th best company culture in the United States in the large-company category.
Leisey is among the real estate industryâ€™s most recognized and charismatic leaders and is known for his inspirational leadership style and approach to driving employee and agent engagement and productivity through one-on-one coaching, teamwork, and communication. Along with his existing executive team and sales managers, he will continue to lead Ambassador Real Estateâ€™s strategic planning and growth initiatives as well as manage the companyâ€™s day-to-day operations.
â€śI am thrilled to join HomeServicesâ€™ family of companies. When you combine the exceptional culture that is the core of Ambassadorâ€™s productivity and success with HomeServicesâ€™ commitment to delivering exceptional service to its buyers and sellers and its unsurpassed growth opportunities, there is no limit to what we can accomplish,â€ť said Leisey.
â€śVince brings strategic vision, an innovative spirit and proven leadership qualities and, together with his team of sales managers and agents, has built an extraordinary organization,â€ť said Ron Peltier, HomeServicesâ€™ chairman and CEO.
â€śDeveloping strategies that drive innovation and productivity across HomeServicesâ€™ family of companies is key to our mission of delivering value to our agents and consumers,â€ť added Peltier. â€śWe look forward to working with Vince and his team and are very proud to welcome them to HomeServices.â€ť
The acquisition further expands HomeServicesâ€™ presence in the Omaha and Lincoln, Nebraska markets, which include Omaha-based CBSHOME and Lincoln-based Woods Bros. Realty and HOME Real Estate. They will continue to operate as independently-branded companies in their respective markets.
With this transaction, HomeServices has nearly 43,000 real estate professionals operating in nearly 900 offices across 30 states. In 2017, the companyâ€™s associates facilitated over $137 billion in residential real estate sales and nearly 360,000 transactions (including the 2017 and 2018-to-date acquisitions pro-forma), further strengthening HomeServicesâ€™ position of becoming the nationâ€™s largest real estate brokerage company based on transactions.
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