Madison-based First Weber Realtors and its subsidiary Priority Title Corporation have been acquired by HomeServices of America, Inc., a Berkshire Hathaway affiliate. Terms were not disclosed.
Headquartered in Madison with additional support staff in Milwaukee, First Weber serves all Wisconsin markets with nearly 1,200 sales associates in 58 offices throughout Madison, Milwaukee, central Wisconsin, the Fox Valley, and the Northwoods. In 2014, First Weber closed $2.5 billion in sales and ranked in the top 20 U.S. brokers based on closed units.
First Weber’s executive management will continue to lead the company’s strategic planning and growth initiatives, as well as manage the day-to-day operations along with their sales management teams.
HomeServices is the nation’s second-largest, full-service residential real estate brokerage firm and, through its operating companies, is one of the largest brokerage-owned settlement service providers in the U.S. The acquisition further expands HomeServices’ presence in Wisconsin along with another of its companies, Minneapolis-based Edina Realty, which serves western Wisconsin.
