Important Announcement from HomeServices of Kentucky
HomeServices of Kentucky, a wholly owned subsidiary of HomeServices of America, Inc., strategizes ongoing growth by identifying reputable companies that have developed strong respect, trust, and value within their communities. They have been operating the Semonin Realtors® brand since 1999, and Rector Hayden Realtors® since 2003. Yesterday, HomeServices of Kentucky issued the following press release announcing their newest addition: Wakefield Reutlinger Realtors®.
FOR IMMEDIATE RELEASE
HOMESERVICES OF KENTUCKY ANNOUNCES ACQUISITION OF WAKEFIELD REUTLINGER REALTORS®
Louisville, KY (May 29, 2013) – HomeServices of Kentucky, a wholly owned subsidiary of HomeServices of America, Inc., a Berkshire Hathaway affiliate, has announced the purchase of Wakefield Reutlinger Realtors®, a local real estate firm serving the Louisville area. This acquisition becomes effective June 1st, 2013.
“We are extremely pleased that Wakefield Reutlinger Realtors® has become part of HomeServices of Kentucky. This will continue the legacy of a premier real estate company,” said Tom Wakefield, principal broker of Wakefield Reutlinger Realtors®. “Ken Reutlinger and I will remain within the company as active brokers.”
“We are very excited about today’s announcement, and what it means for HomeServices of Kentucky. Wakefield Reutlinger’s brand, their leadership, their sales team and their staff all has an exceptional reputation in the Louisville market,” said Brad DeVries, president and CEO of HomeServices of Kentucky. “Wakefield Reutlinger shares our core values of integrity, customer service and community involvement,” continued DeVries. “We are confident this new relationship will bring a continued level of exceptional service for buyers and sellers in the Louisville market.”
About HomeServices of Kentucky
HomeServices of Kentucky, a wholly owned subsidiary of HomeServices of America, Inc. will now operate three brands within the state: Rector Hayden Realtors®, Semonin Realtors®, and Wakefield Reutlinger Realtors®. They are joined by sister company Huff Realty, which serves the northern Kentucky and Cincinnati area.
Rector Hayden Realtors® currently serves the Lexington and central Kentucky area with approximately 250 agents and staff and was acquired by HomeServices of Kentucky in 2003. Semonin Realtors®, formally Paul Semonin Realtors®, with more than 550 agents and staff operates as the largest real estate brokerage firm in the Kentucky and Southern Indiana region and was purchased by HomeServices of Kentucky in 1999. Huff Realty, with more than 525 agents and staff operates in the Cincinnati and northern Kentucky area was acquired by HomeServices of America, Inc. in 2006.
Information about Rector Hayden Realtors® can be found at www.rhr.com. Information for Semonin Realtors® is available at www.semonin.com and information about Huff Realty is available at www.huff.com.
About Wakefield Reutlinger Realtors®
Wakefield Reutlinger Realtors® was founded in 1984 by Thomas Wakefield and Kenneth Reutlinger, Jr. The company operates out of one office with approximately 40 employed agents and staff. Wakefield Reutlinger Realtors® occupies a high-end niche market in Louisville, Kentucky with its average sales price near $265,000. Information about Wakefield Reutlinger Realtors® is available at http://www.wrrealtors.com.
About HomeServices of America, Inc.
HomeServices of America, Inc., based in Minneapolis, Minn., is the second-largest, full-service residential real estate brokerage firm and one of the largest brokerage-owned settlement services provider in the U.S. and is the majority owner in the Prudential Real Estate and Real Living Real Estate franchise networks. Owned by MidAmerican Energy Holdings Company, a consolidated subsidiary of Berkshire Hathaway Inc., HomeServices’ operating companies offer integrated real estate services, including brokerage services, mortgage originations, title and closing services, property and casualty insurance, home warranties and other homeownership services. Information about HomeServices is available at www.homeservices.com.