HomeServices of America, Inc. · Minneapolis, MN United States
Company Description
More Companies in: Minneapolis, Minnesota
More Companies in These Related Industries: Title Insurance, Real Estate Agents
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HomeServices of America knows bricks and mortar. The company is one of the largest residential real estate brokerages in the US, with some 17,000 agents in offices operating under various brand names in some 19 states in the Midwest, Southeast, and on the West Coast. It also offers mortgages (through an agreement with Wells Fargo Home Mortgage ), property/casualty insurance, home warranties, relocation assistance, and title and closing services. The company, founded in 1998, books approximately $70 billion worth of transactions annually. Warren Buffett's Berkshire Hathaway owns Home Services of America through MidAmerican Energy Holdings . To read the full description, subscribe now.
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HomeServices of America, Inc. Reports
Key HomeServices of America, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 1,992 |
HomeServices of America, Inc. Executives
128 executives listed for HomeServices of America, Inc.'s Minneapolis, MN location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Ronald Peltier | |
| President and COO | Robert Moline | |
| SVP and Chief Accounting Officer | Mike Warmka |
Competition
Competitive Landscape for HomeServices of America, Inc.
Demand, which is driven by the volume of commercial real estate transactions, is heavily influenced by real estate vacancy rates. The profitability of individual companies depends on efficient operations. Large companies have advantages in performing a full range of services in multiple markets. Small companies can compete effectively by specializing in local markets. Average annual revenue per worker is over $200,000 for brokers and agents, but under $100,000 for property managers, reflecting the more labor-intensive nature of the business. To read the full description, subscribe now.Top HomeServices of America, Inc. Competitors
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