Berkshire Hathaway HomeServices

Berkshire Hathaway HomeServices
3.69
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/ based on 16 reviews

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3.69/5

based on 16 reviews

  • 4 Great
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  • 7 Ok
  • 1 Bad
  • 0 Terrible
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I've been with Berkshire Hathaway since 2017. However, my license is hung with assistant status and I can't work deals as I don't have E&O insurance. I know how to generate leads (I am very social and outgoing, and not afraid to even go do door knocking). I like the fast pace, but the agent I work for at Berkshire Hathaway can't afford me full time anymore. I am ready to branch out and grow my own business...and VERY ready to be in sales full time!

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I've been in the real estate industry for 5 years and I've been with Berkshire since 2017. I recently worked a couple of big commercial deals for grocery stores and restaurants with them. After being in real estate for 5 years, I think I've outgrown the residential side of Berkshire. I want to venture into commercial real estate full time.

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It was slow moving with Berkshire Hathaway. There were no leads. Ended up moving to a new brokerage with better lead generation, training, and mentorship.

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I'm spending too much time & money on marketing and I really want to have some leads coming in so I can work on those and grow my pipeline. I prefer to work with buyers & would like to be part of a team as well. My split is 60/40. I pay for E&O, Supra, MLS access fees, and fees for the county I'm in.

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They made empty promises about leads.... I'm a great self starter and very driven to succeed in this business, but only got one referral from them, everything else has been on my own. On the 1st year with them, I did over $1 million in production.

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Slow pace

Berkshire is a much slower pace brokerage than what I'm used to. I've been with Berkshire for several years with over $20 million in volume sold.

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Berkshire Hathaway has been a good starting ground for me. But the low team morale and commission split has led me to seek better opportunities. I'd like for there to be more support, a better team morale and a great working environment.

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I had a very productive working relationship with Berkshire. The only reason I had to leave was because I moved to be closer to family in Arizona. I am currently looking for a brokerage with good commission splits, a strong reputation, and good morale.

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No longer practicing real estate

I'm actually not practicing right now. I'm still in the HomeServices department, but I've taken a different direction (more on the administrative side). I think the commissions are good if you're practicing full time, which I was not, so I think that's the issue. If you're not really practicing full time, then the monthly fee can be a little bit high. They do provide extensive training. Leads are insufficient in my opinion

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What are the fees for?

I only got 2 transactions since being there and I've got no support of any kind. I have to get my own leads which make growing my business difficult. The fees are high for the little I get in return.

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Berkshire Hathaway was recommended to me by a good friend. It is a good Brokerage, but not a good fit for myself at this time. This location doesn't believe in teams. For new agents, I'm wondering if I need a team for support. I was told I'd get a mentor and never did. They are really transaction driven. There's also a broker at Berkshire who also told me that: "You're not ready for listings..." and this was really upsetting for me.

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I was with Berkshire Hathaway for over a decade. My split was 80/20 with a cap of $12,000. I ended up leaving due to it becoming a bit stagnant after all the years. For the last several years, I have been selling on a part time basis, since I have been in property management.

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No support!

I'm not happy with Berkshire Hathaway due to no support & they are unresponsive - I'm VERY frustrated here!! When you're training, the commission splits are very low - I am currently only at a 56% Split. My fees are about $140 each month.

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I wasn't happy with Berkshire Hathaway as there was no team network in the company. I personally believe I'm an efficient worker and would grow and develop wherever I'm in. I have consistently outperformed the average list-to-sale ratio every year. Because of that, I was able to get 80/20 splits.

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I was with Berkshire Hathaway since 2019. The reason I left is that there's an inadequate commission split. They only give you 60% of what you sell. I left to join a team with higher morale.

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I've been in real estate for 15 years in California. I have nothing but good things to say. Overall, there was great communication within the brokerage. Berkshire Hathaway has a good reputation and strong infrastructure.

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About

About Berkshire Hathaway Home Services

Berkshire Hathaway Home Services is a global real-estate franchise, managed by the HSF Affiliates LLC. The company falls under the Berkshire Hathaway Inc. conglomerate, chaired and run by Warren Buffett. The BHHS franchise offers its brokerage services through independently owned and operated offices. 

In an interview before the launch of the franchise in 2013, Warren Buffett recognized the importance of buying a house, with buyers needing to work with a company that enhanced their confidence.

Real estate has been heading for disruption due to the emergence of various technologies, and some brokers see Berkshire Hathaway as offering much-needed stability. For new agents, Berkshire Hathaway can be a chance to build your business on a strong base, surrounded by supportive agents and managers.

Berkshire Hathaway Real Estate History and Facts

  • Nineteen brokerages joined BHHS in 2019 alone. They currently have more than 5,000 agents.
  • BHHS has expanded to international markets, including Barcelona, Berlin, Dubai, Frankfurt, Lisbon, London, Madrid, Milan, and Portal.  
  • Profits in 2017 were reportedly 220 million. Sales volumes in 2018 reached 103 billion.
  • In 2018, Harris Poll EquiTrend® crowned BHHS as the Real Estate’s Brand of the Year and Most Trusted company.

Berkshire Hathaway Real Estate Core Values

This is the first business of Berkshire Hathaway to be customer-facing. With this “first” comes the chance for customers to associate agents and brokers bearing the brand name with longevity, trust, success, integrity, and healthy culture.

Berkshire Hathaway aims to be the gold standard in real estate brokerage – not a hard task for a franchise built by a conglomerate with a market cap of over 500 billion dollars!

What agent tools does Berkshire Hathaway HomeServices offer? 

In some brokerages, agents have to utilize several solutions and seek outside learning resources. BHHS provides a variety of tools in its REsource Center. This digital hub gives agents access to training materials, CRM, online marketing & social media tools, and more – all in one place. Its intuitive & mobile-friendly design makes it available on the go. 

Essential tools & features include: 

Social Media REsource: Agents can breathe easy when it comes to maintaining active social media profiles. This tool comes with up to two weeks worth of scheduled posts on interesting homeownership and lifestyle topics. Posts are automatically shared on the agent’s Twitter, Facebook, and LinkedIn accounts. 

Each agent gets a branded-landing page with their photo, names, office, contact info, and more. Their listings are syndicated to their personalized web page and social media accounts.

The Shop: Accessible from the REsource main page, it affords agents the chance to create attractive business cards from templates. 

REsource Marketing: shareable content such as newsletters, videos, images, and social media posts. 

Buyers Match: Buyers Match is a broker tool that allows the office to coordinate listings, give buyers information on upcoming properties, and more.

Lead CRM: The CRM features a suite of tools to facilitate and track interactions between clients and agents. Its features include a calendar, contacts manager, action planner, reports, etc. 

Berkshire Hathaway Real Estate Classes: BHHS training courses are accessible from the REsource page, under LEARNCENTER. New agents can get started with the Quick Start Essential course that takes them through various beginner topics, including the 4 step business plan. 

There are numerous classes and materials for established agents looking to increase their sales. They can learn about luxury, handling objections, negotiating, and planning. Courses are mostly online, and learners have access to study plans, downloadable documents, and webinars. BHHS also has certifications and designations available.

FAQs

Commission splits are a bit below average with new agents starting at a 60/40 split. Fees are considerably less than at other franchise brokerages. 

  • Respected name: Berkshire Hathaway consistently ranks among the top 10 most respected companies in the world with other corporations like Apple and Amazon
  • National marketing campaigns that increase brand awareness
  • The opportunity to join one of the fastest-growing real estate brokerages
  • Training, coaching, and mentoring for new agents
  • Access to numerous tools and resources

BHHS has a reputation for being a great company overall with enough training, agent support, good marketing tools, and modern technology. 

Some reviewers have recognized the power of the brand, and the broad reach of offices nationwide. The working environment has been dubbed inclusive, friendly, and pleasant. 

In some locations, brand recognition is lacking, but the company is responding by spending on advertising. Costs and splits have been pain-points for some former associates.