Berkshire Hathaway HomeServices New Jersey Properties announced on Wednesday that it merged into Berkshire Hathaway HomeServices Fox & Roach, REALTORS. The combination of the two companies gives HomeServices a new presence in six Central and North Jersey counties as it combines over 650 agents across 15 offices.
The deal also establishes the brokerage as number one in the state within the markets it serves and extending its footprint into North Jersey with offices in Morris, Hunterdon, Essex, Union, Middlesex and Somerset Counties as well as expanding its footprint in Monmouth County.
The organizations will operate as Berkshire Hathaway HomeServices Fox & Roach, REALTORS.
“New Jersey Properties’ footprint fits into ours like a puzzle piece, and we are thrilled to officially welcome them into the Fox & Roach family,” Larry Flick V, chief executive officer, Berkshire Hathaway HomeServices Fox & Roach, REALTORS® and The Trident Group said. “Together, we will be stronger than ever, providing our sales associates with unparalleled resources, added tools and cutting-edge technology to best support their clients in achieving the dream of homeownership.”
The combined brokerage is one of the largest providers of homeownership services in the country, with more than 5,000 sales professionals across more than 80 locations in Pennsylvania, New Jersey and Delaware. Through its affiliated services, the Trident Group and Prosperity Home Mortgage, LLC, the company provides one-stop shopping and facilitated services to its clients including mortgage financing, and title, property and casualty insurance.
“The real estate market has been dramatically shifting over the past several years, and as long-time brokerage leaders, we understand we need to grow and expand to thrive long-term,” Chris Brown, chief executive officer & president, New Jersey Properties said. “The decision to align ourselves with the brokerage that is consistently ranked number one in the entire Berkshire Hathaway HomeServices network will ensure we are well equipped to serve local homebuyers and sellers for many years to come.”
“New Jersey Properties and Fox & Roach have maintained a longstanding friendship over the years, and we look forward to taking an exciting step to be bigger and better together,” Bill Keleher, founder and chairman, New Jersey Properties said. “With strong leadership guided by our shared values of excellence, integrity and dependability, I’m confident I’m leaving the organization in excellent hands.”
“Backed by the strength and longevity of HomeServices, combined with Fox & Roach’s legacy of success, this decision will ensure our sales professionals have everything they need to succeed in an evolving marketplace, including new tools, robust services and advanced education and coaching to help them grow their businesses,” added Christy Casey, executive vice president, New Jersey Properties.
Larry Flick V will continue to serve as CEO of Fox & Roach, with the close support of Chris Brown, as vice chairman, to ensure a seamless transition. In alignment with Fox & Roach’s regional leadership structure, Executive Vice President Christine Casey will serve as the regional president for the new North and Central New Jersey markets.