HomeServices of America, Inc. Announces Prudential KC Realty Through Acquisition of Prudential Gaslight Realtors

Acquisition strengthens HomeServices’ presence in the Kansas City residential real estate market.

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MINNEAPOLIS, MINN. (Jan. 28, 2013) – HomeServices of America, Inc., a Berkshire Hathaway affiliate, announced today that Blue Springs, Mo.-based Prudential Gaslight Realtors is joining the HomeServices of America family of companies. Effective immediately, Prudential Gaslight Realtors will be rebranded Prudential KC Realty to position the company for regional growth in Kansas and Missouri.

The acquisition and name change furthers HomeServices’ goal of deepening the real estate footprint within the greater Kansas City market and surrounding communities and reinforces the stability and financial strength of HomeServices. Reece and Nichols Realtors, Kansas City’s long-standing residential real estate leader, also is a HomeServices real estate brokerage.

“The acquisition of Prudential Gaslight Realtors and the immediate name change to Prudential KC Realty expands our presence in the Kansas City region,” said Ron Peltier, chairman and CEO of HomeServices. “Our goal is to grow HomeServices’ brands through the ongoing sales and marketing process, as well as through strategic acquisitions similar to this one.”

“We are very proud to be a part of HomeServices of America,” noted Wayne Minear, previous Broker/Owner at Prudential Gaslight Realtors. “We are joining an organization consistent with our high standards of service and integrity, making this a win/win for our customers and our associates.”

According to Stan Klinksick, previous Broker/Owner at Prudential Gaslight Realtors, “By joining forces with HomeServices and rebranding Gaslight to Prudential KC Realty, we will be unmatched in our ability to serve the needs of our new and existing clients throughout the Kansas City region. With more than 90 percent of today’s homebuyers starting their home search online, the new PKCRealty.com website that will launch in early February will offer easy property search and mobile convenience.”

“We are delighted to expand our services in Kansas City,” Peltier said. “And we continue to look for additional opportunities, both here and throughout other major markets in the U.S.”

About HomeServices of America
HomeServices of America, Inc., based in Minneapolis, Minn., is the second-largest, full-service residential real estate brokerage firm and the largest brokerage-owned settlement services provider in the U.S and is the majority owner in the Prudential Real Estate and Real Living Real Estate franchise networks. Owned by MidAmerican Energy Holdings Company, a consolidated subsidiary of Berkshire Hathaway Inc., HomeServices’ operating companies offer integrated real estate services, including brokerage services, mortgage originations, title and closing services, property and casualty insurance, home warranties and other homeownership services. HomeServices Relocation, LLC is the full-service relocation arm of HomeServices of America, which provides every aspect of domestic and international relocation to corporations around the world. HomeServices operates under the following residential real estate brands: Carol Jones REALTORS®; CBSHOME Real Estate; Champion Realty Inc.; Edina Realty; EWM REALTORS®; Guarantee Real Estate; Harry Norman, REALTORS®; HOME Real Estate; Huff Realty; Iowa Realty; Koenig & Strey Real Living; Long Companies; Prudential California Realty; Prudential Carolinas Realty; Prudential Connecticut Realty, Prudential First Realty; Prudential Northwest Realty Associates; Prudential Northwest Properties; Prudential Rhode Island Realty; Prudential York Simpson Underwood Realty; Prudential Yost & Little; RealtySouth; Rector-Hayden REALTORS®; Reece & Nichols; Roberts Brothers Inc.; Semonin REALTORS® and Woods Bros. Realty.

Information about HomeServices is available at www.homeservices.com.

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