Prudential Select Properties Gears Up to Convert to Berkshire Hathaway HomeServices Select Properties June 17th

ST. LOUIS – Prudential Select Properties, the largest locally-owned real estate company in the Greater St. Louis region, is preparing to form a partnership with Berkshire Hathaway HomeServices. PSP is slated to convert to Berkshire Hathaway HomeServices Select Properties on Tues., June 17.

In celebration of this new partnership and company conversion, Prudential Select Properties will be hosting a Grand Open House event for viewing listings during the weekend of Sat., June 14 and Sun., June 15. PSP listings will be held open during this weekend.

Additionally, Prudential Select Properties will be holding a launch party on the day of their conversion, Tues., June 17, from 4 to 6 p.m. at each of their locations around the St. Louis region in appreciation of their clients and customers. There will also be a ribbon cutting event, which includes chamber members, and Earl Lee, Chief Executive Officer of Berkshire Hathaway HomeServices, will be in attendance. Attendees will be able to enjoy wine, hors d’oeuvres, door prizes, and more.

“We could not be more excited about this brand change and partnership with the world-renowned Berkshire Hathaway HomeServices brand!” said Maryann Vitale Alles, President and CEO of Prudential Select Properties.

The conversion to Berkshire Hathaway HomeServices Select Properties is more than a simple name change. The change will also bring about an opportunity to bring a new level of quality and innovation to the future of the company.

“This change will signal a defining moment in real estate by uniting the strengths of industry leaders and bringing together unparalleled operational excellence, innovation, and integrity,” said Vitale Alles.

Berkshire Hathaway HomeServices is also very excited for this new partnership.

“Berkshire Hathaway HomeServices is a new real estate franchise brand built upon the financial strength and leadership of Brookfield and HomeServices,” said Warren Buffet, chairman and CEO of Berkshire Hathaway, Inc. “I am confident that these partners will deliver value to the residential real estate industry, and I am pleased to have Berkshire Hathaway be a part of the new brand.”

“At Prudential Select Properties, we’re already committed to serving the entire St. Louis region at the highest possible level,” said Vitale Alles. “This powerful new network will help us as we strive to maintain our reputation as the most trusted real estate company in the area. We’re beyond thrilled to be a part of this new brand and can’t wait to see what the future holds. The landscape of St. Louis real estate is about to change forever!”
Berkshire Hathaway, Inc. is a worldwide holding company based in Omaha, Neb. Its chairman and CEO, Warren Buffet, is often referred to as the “Oracle of Omaha” and is among the world’s most influential people, according to Time Magazine’s 2012 ranking.

Berkshire Hathaway, Inc. is the No. 1 company in Barron’s annual ranking of the world’s 100 most respected companies. It also ranks No. 8 in Fortune Magazine’s 50 Most Admired Companies survey and No. 18 in Harris Interactive’s Reputation study of the 60 Most Visible Companies. The company’s approach is to acquire companies with great brands, great products, and strong leadership and hold them for the long term. With its diverse holdings, Berkshire Hathaway, Inc., is said to cover consumers from head to toe, including real estate.

Formed in 2002, Prudential Select Properties has 11 offices in the St. Louis Metropolitan area, representing over 500 agents. They specialize in St. Louis, St. Louis County, St. Charles, Jefferson County and Lincoln County real estate, and they strive to find their customers the best homes for sale in the Greater St. Louis area.

Prudential Select Properties has also been named the 16th-Largest Female-Owned Business in the Greater St. Louis Region.

Prudential Select Properties ranks as the No. 1 locally-owned real estate firm in St. Louis and also ranks No. 26 in the Prudential Real Estate Services national network, No. 2 in real estate transactions recorded by the St. Louis Association of Realtors, No. 2 in the St. Louis Business Journal’s list of largest residential real estate agencies by sales volume closed locally in 2013 and is in the top 20 percent of real estate firms nationwide.

For more information, please call Prudential Select Properties at (314) 835-6000 or visit them online at www.DiscoverStL.com.