From Pennsylvania to California, the burgundy and white Berkshire Hathaway Home Services “for sale” signs are popping up on homes everywhere. Berkshire Home Services CEO Ron Peltier is behind the brand’s stunning growth.
He has been on an acquisition spree, buying up realtors and building Berkshire Home Services into the second largest residential realty brand in the United States. Only Realogy, parent of Coldwell Banker and Sotheby’s, is larger.
One thing working in his favor, is incorporating the Berkshire brand. Berkshire Home Services is one of first companies under the Warren Buffett umbrella to capitalize on the Berkshire Hathaway name.
Peltier met up with Fortune’s Susie Gharib at Berkshire’s annual shareholder’s meeting in Omaha and talks about the health of the U.S. housing market.