Berkshire Hathaway HomeServices

The Berkshire Hathaway HomeServices franchise has become one of the fastest growing real estate companies in the U.S. since its founding in 2012. The company got the blessing to be a real estate by Warren Buffett. The brand has grown to 278 Berkshire Hathaway Homeservices locations in the United States and over 1,500 total. To break that down further, 252 of them are franchise units, according to the company's FDD. Berkshire Hathaway HomeServices real estate brokerage franchisee network is associated with Warren Buffett's Berkshire Hathaway company, which is located in Omaha, NE. Additionally, the broker networks consists of middle-market communities, high-end residential markets and commercial real estate.

Interested in Franchise Ownership?
Request a Consultation
Berkshire Hathaway HomeServices
Videos

Berkshire Hathaway HomeServices Franchise Cost and Requirements for 2024

Background

The real estate industry is a billion dollar business that accounts for numerous jobs in the economy. According to data, there are more than two million real estate agents in the United States. In terms of pricing, the median sales price for houses bought in December 2020 was $355,900. A lot of real estate work can be done online. For example, data shows that 76% of realtors use Facebook for their work. When buying a house, it is important to know that the average down payment for a new home is $59,880. It is also worth knowing that the average US realtor you'll be working with has nine years of experience. Even during the global COVID-19 pandemic, some 842,000 houses were sold in the United States in 2020. That's where the Berkshire Hathaway HomeServices franchise comes in. Founded in 2012, the brand has grown to become one of the fastest growing real estate companies in the U.S. The company got the bless to be a real estate brand by Warren Buffett. The Berkshire Hathaway HomeServices real estate brokerage franchisee network is associated with Warren Buffett's Berkshire Hathaway company, which is located in Omaha, NE. Additionally, the broker networks consists of middle-market communities, high-end residential markets and commercial real estate. They are looking for franchisees who are passionate about real estate and want to grow the brand. When you work with the brand, you come with automatic name recognition and all the respect that comes with it. If you franchise with them, you have the opportunity to change your life. 

Company Details

Founding: 2012
First Franchise: 2013
Headquarters: Irvine, California

Support and Training Offered By Berkshire Hathaway HomeServices

In terms of support and training, the franchisee can expect pre-launch initial assistance by phone and webinar for 18-22 hours. Additionally, the franchisor will provide post-launch training and orientation for integration into the system to the general manager, senior management staff, administration, location managers and sales professionals, which is the franchise integration training. The length and scope of franchise integration training will depend on the size of the franchisee’s business.  

2024 Franchise Requirements Needed to Own a Berkshire Hathaway HomeServices Franchise.

What does a Berkshire Hathaway HomeServices Franchise Cost?

Berkshire Hathaway HomeServices franchise fees for 2024:

Initial Franchise Fee: $25,000
Total Investment: $43,300 to $88,375
Working Capital: $30 to $525
Royalty Fee: 6.0%

Is Berkshire Hathaway HomeServices a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Berkshire Hathaway HomeServices is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Berkshire Hathaway HomeServices a Home Based franchise?

No. Berkshire Hathaway HomeServices is not a home based franchise opportunity.

What Do Berkshire Hathaway HomeServices Franchise Owners Make?

Click here to find out how much Berkshire Hathaway HomeServices franchisees make. Berkshire Hathaway HomeServices offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Berkshire Hathaway HomeServices Looking for Franchisees in Canada?

Yes. Berkshire Hathaway HomeServices franchise is looking for Canada franchisees.

Is Berkshire Hathaway HomeServices Looking for International franchisees?

Yes. Berkshire Hathaway HomeServices franchise is looking for International franchisees.

Where can I see Berkshire Hathaway HomeServices's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Real Estate, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$100,000 - $250,000

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

Berkshire Hathaway HomeServices Franchises for Sale

Click Here to inquire about existing Berkshire Hathaway HomeServices franchises for sale. We may have Berkshire Hathaway HomeServices franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.