HomeServices of America's Real Estate Companies Provide Broad Range of Options on...

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Wed Aug 27, 2008 12:00pm EDT

HomeServices of America's Real Estate Companies Provide Broad Range of Options on REO, Foreclosed Properties

    From Individual Properties to Portfolios of Hundreds, One-Stop
          Marketing Solutions Are Offered on a National Scale
MINNEAPOLIS--(Business Wire)--
With a network of 17,000 sales associates operating from 375
branch offices throughout 19 states, along with a vast relocation
network, the real estate companies of HomeServices of America have
become a centerpoint for marketing distressed properties, on behalf of
individuals and financial institutions.

   As the nation's second-largest real estate brokerage, and
second-largest brokerage-owned provider of settlement services
(mortgage, title, escrow, insurance), HomeServices is capable of
providing a broad range of programs including management, rental
options, sales and marketing - all of which are channeled through one
avenue of accountability.

   "Whether it's an individual property or a portfolio of hundreds,"
states Ron Peltier, chairman of HomeServices of America, "our
companies have the expertise and infrastructure to successfully manage
virtually any scenario within this complex arena."

   HomeServices offers:

   --  Dedicated professionals within each real estate company,
        specializing in REO and foreclosed properties

   --  Specialized, asset-specific marketing (whether one property or
        large blocks)

   --  Specific Web site marketing for REO and foreclosed properties

   --  Specialized settlement services

   --  Regular reporting

   "At present, we are working with millions of dollars in foreclosed
and REO properties across the nation," Peltier added. "These
situations not only require great skill, but also resourcefulness and
tenacity. We provide the necessary know-how, along with a wide range
of settlement and ancillary services."

   "When an individual investor or institution turns to a
HomeServices company for assistance with these types of properties,"
said Joel Nelson, vice president of business development for
HomeServices, "they have the backing of some of the industry's most
recognized and respected brokerages - companies that have been in
operation for an average of 54 years. Potential buyers recognize these
names and that recognition generates confidence."

   "With our proficiency and national reach, we clearly have the
capability to move quickly and efficiently, expediting the resolution
process," concludes Peltier.

   For additional information about these services or foreclosed and
REO properties, contact Nelson at joelnelson@homeservices.com, or log
onto any HomeServices of America company at the Web sites noted below:

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*T
Carol Jones Realtors
Southwest Missouri
www.caroljones.com

CBSHome Real Estate
Metropolitan Omaha, Nebraska
www.cbshome.com

Champion Realty
Chesapeake Bay Region and the Eastern Shore of Maryland

www.championrealty.com

Edina Realty
Minnesota, Western Wisconsin, Eastern North Dakota and South Dakota

www.edinarealty.com

EWM Realtors
Southern Florida
www.ewm.com

Harry Norman, REALTORS
Atlanta, Georgia and surrounding areas
www.harrynorman.com

HOME Real Estate
Greater Lincoln, Nebraska area
www.homerealestate.com

Huff Realty
Cincinnati, Ohio and Ft. Mitchell, Kentucky
www.huff.com

Iowa Realty
Des Moines, Cedar Rapids and Iowa City, Iowa
Springfield and Branson, Missouri
www.iowarealty.com

Jenny Pruitt & Associates, REALTORS
Metropolitan Atlanta, Georgia
www.jennypruitt.com

Long Realty
Tucson and Southern Arizona
www.longrealty.com

Prudential California Realty
Southern California and the Central Coast
www.prudentialcal.com

Prudential Carolinas Realty
Central North Carolina and South Carolina
www.prudentialcarolinas.com

Prudential First Realty
Des Moines and throughout Iowa
www.firstrealtyhomes.com

RealtySouth
Central Alabama and Birmingham, Alabama
www.realtysouth.com

Rector-Hayden, REALTORS
Lexington and Central Kentucky
www.rectorhayden.com

Reece & Nichols
Greater Kansas City metropolitan area and surrounding communities

www.reeceandnichols.com

Roberts Brothers, Inc.
Mobile, Alabama
www.robertsbrothers.com

Semonin REALTORS
Kentucky and Southern Indiana
www.semonin.com

Woods Bros. Realty
Southeast & Central Nebraska
www.woodsbros.com
*T

   About HomeServices of America, Inc.

   HomeServices of America, Inc., based in Minneapolis, is the
second-largest home services provider in the United States. Owned by
MidAmerican Energy Holdings Company, an affiliate of Berkshire
Hathaway Inc., HomeServices' operating companies offer integrated real
estate brokerage services, mortgage lending, title insurance, closing
services, property and casualty insurance, home warranties and other
home services. HomeServices was built through the combination of
market-leading companies from across the nation with long-standing
traditions for excellence. The average age of a HomeServices of
America operating company is more than 50 years. HomeServices operates
in 19 states under the following residential real estate brand names:
Carol Jones REALTORS; CBSHOME Real Estate; Champion Realty; Edina
Realty; EWM REALTORS; Prudential First Realty; Harry Norman, REALTORS;
HOME Real Estate; Huff Realty; Iowa Realty; Jenny Pruitt and
Associates REALTORS; Long Realty; Prudential California Realty;
Prudential Carolinas Realty; RealtySouth; Rector-Hayden REALTORS;
Reece & Nichols; Roberts Brothers, Inc. REALTORS; Semonin REALTORS;
and Woods Bros. Realty. Information about HomeServices and the
locations of its subsidiary companies is available at
http://www.homeservices.com.

For HomeServices of America, Inc., Minneapolis
Kreps/DeMaria
Israel Kreps, 305-663-3543
ikreps@krepspr.com

Copyright Business Wire 2008
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