Berkshire Hathaway HomeServices Northwood Realty Services Introduces Berkshire Hathaway HomeServices Stouffer Realty
The Rebrand Follows the Recent Acquisition Announced October 2020
Fairlawn, OH (December 1, 2020) – Berkshire Hathaway HomeServices Northwood Realty Services, one of Northeastern Ohio's largest and fastest-growing real estate companies, is pleased to announce that Stouffer Realty, a locally owned and operated real estate agency serving Northeast Ohio, is now operating as Berkshire Hathaway HomeServices Stouffer Realty. The recent acquisition brought together two complementary real estate service providers with similar values and missions, while further growing the real estate footprint throughout Ohio and positions the combined companies to the number two position in sales in the marketplace among other brokerages.
With the addition of offices in Fairlawn, Stow-Kent, Hudson, Green, Brimfield, Brecksville, Strongsville and Chagrin Falls under the Berkshire Hathaway HomeServices Stouffer Realty name, the businesses create a brokerage of more than 2,100 agents and over 60 offices, serving 22 counties in North-Eastern Ohio, as well as serving Western Pennsylvania under the Berkshire Hathaway HomeServices The Preferred Realty name. The company also ranks as the No. 21 company across the entire industry for units based on REALTrends data; and No. 7 in the Berkshire Hathaway HomeServices network.
“It is an honor to join such a highly respected network,” says Gary Stouffer, founder and former owner of Stouffer Realty, whose brokerage specializes in every sector of the real estate market, including new construction, first-time home buying, and high-end properties. “Having started this journey 40 years ago in my home state, I take great pride in the communities we serve, holding my agents to the same high standards as Berkshire Hathaway HomeServices. Continuing the promise of trust, integrity, stability and longevity of work is something my team and I look forward to bringing to the network.”
“Stouffer Realty agents live in and support the communities they serve, and we are excited to bring together the two agencies together to further do so,” said Tom Hosack, Berkshire Hathaway HomeServices Northwood Realty Services president and CEO. “This union will bring even more opportunities for the brokerage, and I can’t wait to see what 2021 holds.”
A recent report shows Ohio home sales are up more than 18% in September 2020 from the same month a year ago, a sign that some effects of the coronavirus pandemic may be fueling a competitive housing market. 16 different Ohio regions reported an increase in the average home sales price, while 14 regions saw the same or more sales activity. Overall, home sales in the state are up a half percent in the first nine months of 2020 compared to the same period last year.
Chris Stuart, CEO of Berkshire Hathaway HomeServices, applauded the addition. “This is a wonderful move for both companies and a fantastic addition for the Berkshire Hathaway HomeServices global network,” he said. “Tom Hosack and Gary Stouffer have each built world-class organizations that are perfectly aligned with our network’s mission to build the most trusted real estate platform in the industry.”
For more information, visit: www.stoufferrealty.com
About Berkshire Hathaway HomeServices Stouffer Realty
Berkshire Hathaway HomeServices Stouffer Realty is a locally owned and operated real estate agency serving Northeast Ohio. Its reputation of integrity and exceptional service paved the way for the phenomenal growth the firm has experienced since its incorporation in 1997. In 2020 Stouffer Realty joined Northwood Realty and the Berkshire Hathaway HomeServices The Preferred Realty family.
About Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServices is one of the world’s fastest-growing residential real estate brokerage franchise networks, with more than 50,000 real estate professionals, nearly 1,500 offices throughout the U.S., Canada, Mexico, Europe and the Middle East, and more than $119 billion in real estate sales volume. The network, among the few organizations entrusted to use the world-renowned Berkshire Hathaway name, brings to the real estate market a definitive mark of trust, integrity, stability and longevity. Visit www.berkshirehathawayhs.com