Established in 2012 and franchising since 2013, Berkshire Hathaway HomeServices is a prominent real estate brokerage franchise network based in Irvine, California.
As part of the esteemed Berkshire Hathaway group, the franchise benefits from a globally recognized reputation for excellence, integrity, and reliability in the real estate industry.
The franchise network has experienced significant growth, empowering franchisees to operate under a brand synonymous with trust and stability in the market.
Berkshire Hathaway HomeServices offers robust support for its franchisees, including thorough training programs, strategic marketing resources, and cutting-edge technology solutions designed to streamline real estate management and drive sales success.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Berkshire Hathaway HomeServices provides its franchisees with comprehensive training and support to ensure success in the real estate industry. This includes pre-launch assistance via phone and webinars, followed by in-depth franchise integration training tailored to the size and needs of the franchisee's business.
The training covers various aspects of real estate brokerage operations, such as customer acquisition, professional referral systems, and effective advertising and public relations strategies.
Additionally, ongoing and refresher training sessions are available, delivered by the global network training team and network service business consultants, to keep franchisees updated on industry best practices and enhance their productivity and management skills.
Berkshire Hathaway HomeServices does not guarantee exclusive territories to its franchisees. However, franchisees can negotiate for territory protection through an amendment to the Franchise Agreement.
Protected territories, if granted, are defined by specific boundaries and depend on the franchisee’s performance and market presence.
Maintaining a protected territory requires meeting the franchisor’s performance standards. Failure to meet these benchmarks may result in the loss of territorial exclusivity, allowing the franchisor to establish additional locations in the area.
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Below are some of
Berkshire Hathaway HomeServices
key competitors in the
Broker/Realtor
sector.
256
$25,000
$45,000
$90,000
n.a.
$0
$xxx,xxx
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LakePlace.com
$50K - $100K
6
$10,000
$51,000
$115,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
PropertyGuys.com
Under $25K
4
$20,000
$22,000
$81,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
1 Percent Lists
Under $25K
30
$15,000
$23,000
$59,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
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