Berkshire Hathaway HomeServices Bay Street Realty Group & Berkshire Hathaway HomeServices Cora Bett Thomas Realty’s 2020 Sales Soar
Tuesday, February 23rd, 2021
Berkshire Hathaway HomeServices Bay Street Realty Group and Berkshire Hathaway HomeServices Cora Bett Thomas Realty’s 2020 sales surged 25 percent in 2020. Sales increased from $291 million in 2019 to $380 million in 2020.
Just as northern buyers began searching for southern coastal homes in droves, Berkshire Hathaway completed a series of mergers and acquisitions that made them the market leader in the South Carolina Lowcountry and Coastal Georgia.
In 2019, the Beaufort-based Berkshire Hathaway franchise merged with the Savannah-based Berkshire Hathaway franchise responsible for most of the transactions at The Landings, a luxury retirement community on Skidaway Island. The addition of Bob and Reba Lararmy’s successful real estate company, added 35 new agents to the firm.
Shortly thereafter, the franchise acquired Cora Bett Thomas Realty, a market leader in the Savannah/SC Lowcountry region for more than 26 years, with more than 50 agents working in Beaufort, Savannah, Pooler, and St. Simons Island.
With 85 new agents, the Berkshire Hathaway HomeServices Bay Street Realty Group is now the largest agency covering both the SC Lowcountry and Coastal Georgia.
“We had a stellar year,” said South Carolina Managing Broker Ken Willis. “In such an unprecedented time we were thrilled that more people wanted to move to the coast and we’re very proud of our team for handling the increased volume.”