Berkshire Hathaway HomeServices names new CEO

Christy Budnick was recently president of firm’s Florida affiliate

National /
May.May 25, 2021 10:54 AM
Berkshire Hathaway HomeServices CEO Christy Budnick (Berkshire)

Berkshire Hathaway HomeServices CEO Christy Budnick (Berkshire)

Warren Buffett’s Berkshire Hathaway HomeServices is seeing some changes in its C-suite.

The company announced that it has appointed Christy Budnick as its new president and CEO. She was most recently the president and CEO of Berkshire Hathaway HomeServices Florida Network.

Budnick will be leading a brokerage that has more than 50,000 employees and 1,500 offices across the globe. It’s one of the largest brokerages in the world, both in terms of sales volume and transactions. In 2020, it recorded more than 343,000 sales, more than any other brokerage, according to Real Trends’ annual rankings. Those deals were worth approximately $150 billion.

Budnick started her career working for Bank of America, and joined Florida Network Realty in 2002 as manager of its Beaches branch office. She was appointed president and CEO of that network in 2018.

Budnick will replace outgoing CEO Chris Stuart, who will become the CEO of Place, a technology platform for real estate agents and teams, according to Inman.

HomeServices recently snagged two long-time Douglas Elliman vets. Steven James, Elliman’s New York City president and CEO, and Brad Loe, an executive sales manager, will join HomeServices as executive directors of brokerage development.






    Related Articles

    arrow_forward_ios
    (iStock)
    Hot, hot, hot: Resi market sets new price records in March
    Hot, hot, hot: Resi market sets new price records in March
    (iStock)
    Homebuilder sentiment ticks up in April
    Homebuilder sentiment ticks up in April
    Andrew Florance, CEO of CoStar Group (CoStar, Homes.com)
    CoStar to buy Homes.com for $156M
    CoStar to buy Homes.com for $156M
    (iStock)
    Mortgage requests, refinancings continue to drop
    Mortgage requests, refinancings continue to drop
    Howard Hanna CEO Helen Hanna Casey and Compass CEO Robert Reffkin (Howard Hanna Casey, Getty)
    Howard Hanna accuses Compass of poaching agents, stealing trade secrets
    Howard Hanna accuses Compass of poaching agents, stealing trade secrets
    The effective rate was 1.1 percent, on average, in 2020, down from 1.14 percent in 2019. (iStock)
    Homeowners’ property taxes grew twice as fast last year
    Homeowners’ property taxes grew twice as fast last year
    HomeX founders Michael Lerner and Vincent Payen (HomeX)
    HomeX nabs $90M to connect homeowners and repair techs
    HomeX nabs $90M to connect homeowners and repair techs
    The state has opened 52 more investigations into potential fair-housing law violations tied to the Newsday report (iStock)
    Agents named in discrimination exposé face discipline from NY state
    Agents named in discrimination exposé face discipline from NY state
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...