Billionaire investor Warren Buffett and business partner Charlie Munger see long-term distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. “The buildings don’t go away,” Buffett said. Continue reading
The founder of a billion-dollar real estate tech firm, who will be speaking at Inman Connect Las Vegas, sees a recession as likely but said that focusing on profitability has helped his own firms stay resilient. Continue reading
The operator of Berkshire Hathaway HomeServices saw net income from real estate fall 75 percent year over year, according to earnings released at so-called “Woodstock of Capitalism” this weekend. Continue reading
If you cut corners, fudge numbers, or break the rules, expect to be busted. It will kill the deal or deflate your valuation. Don’t put your biz up for sale if there’s rot in the basement. Continue reading
The Berkshire Hathaway company had the most transaction sides in 2020, though Realogy Brokerage Group did the most volume. Several newer, tech-focused companies also had good showings. Continue reading
If you’re looking to up your small talk game, become a real estate trivia buff or just fleetingly entertain yourself, check out these fun facts.
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Berkshire Hathaway HomeServices announced Tuesday that it has teamed up with Adwerx for a program that will create internet ads targeting people who visit agent websites. Continue reading
HomeServices of America has ended NRT’s two-decade reign atop the Real Trends 500 list, beating the Realogy company in number of transactions. Continue reading
Century 21 Commonwealth, a brokerage with 500 agents in the greater Boston market, has shed its ties to Century 21 to join Berkshire Hathaway Home Services. Continue reading
Buffett, ranked third among the wealthiest people in the world, reduced the price of the Laguna Beach property from $11 million to $7.9 million. Continue reading