The name of the game is evolution. Adapt or perish.
An area real estate giant has taken that mentality to heart and has a new era on the horizon as a result.
On Tuesday morning, hundreds gathered at the Sheraton Houston Brookhollow Hotel to celebrate Berkshire Hathaway Premier Properties’ acquisition of the Texas branches of Berkshire Hathaway Anderson Properties, which had 15 offices in Texas and several in the Greater Houston region.
Berkshire Hathaway Premier Properties, which has offices in Oak Forest at 1803 W. 43rd St. and in the Heights at 741 E. 11th St., now holds the distinction of being the largest Berkshire Hathaway franchise in Texas.
Berkshire Hathaway Premier Properties President Stacy Mathews said the company approached Anderson Properties in late December about potentially buying them out. Ultimately, he said, it was about expanding the company’s reach to better serve the communities in which they’re entrenched.
“We were looking at increasing our footprint,” he said.
As it turns out, they were able to negotiate a deal shortly before Christmas. With the acquisition and subsequent merging of offices, Mathews said Berkshire Hathaway Premier Properties went from employing about 150 agents to about 500 and now has 21 offices throughout the Houston area.
With that increased workforce, he said, will come more opportunities to get active in giving back to the community through organizations such as the Sunshine Kids, which looks to add quality of life to children with cancer by providing them with exciting, positive group activities
“(This acquisition) allows us to have a larger footprint and gives us the capability to do that,” Mathews said.
Berkshire Hathaway Senior Vice President Rosalie Warner echoed the sentiment, calling Mathews and his team the embodiment of the company’s mission and reiterating her trust in them to run with opportunities presented by the acquisition.
“We truly love and admire the base of his company and the company we see today,” she said. “Both personally and professionally, Stacy’s company is the epitome of this statement, and all of you should be proud to be in this room with him today.”
On Tuesday, Mathews called the acquisition the dawn of a new day for the company, and expressed hope for the future services as they work to ensure everyone benefits from the merger.
That’s all that matters.
“We’re going to look at more offices in the area and go into areas where we think we can make a good office,” he said. “But we’re not in it just for the sake of having an office – everyone has to be a winner (to consider these scenarios). We’ll look at those communities to make sure we can go in there and make it a win-win for all parties involved.”