Prudential Utah Real Estate Joins Berkshire Hathaway HomeServices Real Estate Brokerage Network!

By Deb Hartley
Jun 09, 2014

PARK CITY, Utah, Jun 05, 2014 (BUSINESS WIRE) -- Berkshire Hathaway HomeServices, the real estate brokerage network operated by HSF Affiliates LLC, today announced that Prudential Utah Real Estate has joined the network and is operating as Berkshire Hathaway HomeServices Utah Properties.

The brokerage is the first in Utah to affiliate with Berkshire Hathaway HomeServices, a brand that now counts more than 29,000 agents and 800 offices in 39 states since its launch in September 2013.

Stephen Roney, Utah Properties Chairman and CEO, said Berkshire Hathaway HomeServices will help his company grow. “I could not think of a better branding opportunity for our brokerage and agents,” he explained. “The brand is inspired by Berkshire Hathaway Inc., one of the world’s most trusted and respected corporations, and it’s built on a strong financial foundation. I believe top agents appreciate the value and potential of our brand and will want to represent it.”

Roney said that Berkshire Hathaway HomeServices will appeal to clients of all types in his Salt Lake City, Davis County, Weber County, Park City, Deer Valley and Heber City markets. The brand will attract foreign consumers as well. “Our Berkshire Hathaway HomeServices name will be recognized by international buyers who are considering Utah and its world-class resorts for a vacation home,” he added. “We believe foreign buyers will engage with our top agents because they will know the brand is a powerhouse that stands for quality, integrity, trust and stability.”

With their transition, Utah Properties agents gain access to Berkshire Hathaway HomeServices’ Global Network Platform – a robust suite of real estate tools and resources – plus professional education, business consultation, marketing support and the exclusive Luxury Collection program for high-end listings. “With help from new and effective technology we will strengthen our No. 1 position in the marketplace,” said Tom Roney, brokerage senior vice president. “Our talented agents have everything it takes to ensure their clients’ premium service experience.”

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SOURCE: Berkshire Hathaway HomeServices

Positive changes are coming!

By Deb Hartley
Mar 05, 2014

We are excited for the transition to Berkshire Hathaway in June! We are especially looking forward to the new alignment with Warren Buffet.

Warren Buffett's Berkshire Hathaway sees record profit

The investment firm run by the US billionaire Warren Buffett has reported a record profit for 2013.

Berkshire Hathaway made $19.5bn (£11.6bn) last year, up from $14.8bn (£8.8bn) in 2012.

"On the operating front, just about everything turned out well for us last year - in some cases very well," Mr Buffett wrote to shareholders.

However, it underperformed the S&P 500 share index for the fourth time in the last five years.

The growth in the company's book value - that is the company's assets minus its liabilities and Mr Buffett's preferred measure of Berkshire's performance - was 18.2% in 2013, while the S&P 500 rose 32.4%.
But Mr Buffett said that was to be expected when the S&P performed well.

"We expect to fall short... in years when the market is strong - as we did in 2013.

"We have underperformed in 10 of our 49 years, with all but one of our shortfalls occurring when the S&P gain exceeded 15%."

He added that the fund had outperformed the stock market between 2007 and 2013 and that through a full six year cycle he expected to do that again.

"If we fail to do so, we will not have earned our pay," he wrote.

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