Berkshire Hathaway HomeServices Ranked Highest for Repeat Home Seller Satisfaction in J.D. Power’s 2017 Home Buyer/Seller Satisfaction Study(sm) #GoodToKnow
SOMERSET, September 21, 2017— Berkshire Hathaway HomeServices, an HSF Affiliates LLC company, today announced that the Berkshire Hathaway HomeServices real estate brokerage network ranked “Highest Overall Satisfaction for Repeat Home Sellers Among National Full Service Real Estate Firms” in the J.D. Power 2017 Home Buyer/Seller Satisfaction StudySM.
The 10th annual study measured customer satisfaction among the nation’s largest real estate brokerage companies and their agents through March and April. Overall satisfaction was gauged across five factors of the real estate process: agent/salesperson, closing process, real estate company marketing, real estate company office, and package of additional services. The study was based on responses from 4,170 consumers.
Among repeat home sellers, Berkshire Hathaway HomeServices scored 858 on a 1,000-point scale, performing particularly well in the categories agent/sales person, closing process and real estate company marketing.
“Berkshire Hathaway HomeServices stands for top-quality real estate representation in markets across America,” said Gino Blefari, CEO and president of the network. “We’re proud to accept this award, as it spotlights the exemplary service network agents and their brokerages provide every day.”
The ranking, “highest for repeat home seller satisfaction,” speaks volumes, Blefari added. “Repeat home sellers have been through the real estate process before and have a clear understanding of the work and expertise involved in a successful home sale,” he explained. “This type of satisfaction means Berkshire Hathaway HomeServices network agents are excelling when it comes to communicating with clients and listing and marketing clients’ homes. That’s the ‘heavy lifting’ of real estate.”
J.D. Power’s study yielded several key findings about the real estate process. Among them:
- An agent’s relationship with a buyer is the most important factor in determining customer satisfaction. For sellers, marketing of the home is the most important factor, as it is the most visible way for the seller to gauge the agent’s support.
- Satisfaction is strongly influenced by the amount of time agents invest in keeping customers informed vs. when they are not kept informed. Among first-time buyers and sellers, satisfaction is 117 points higher among buyers and 93 points higher among sellers. Among repeat buyers and sellers, satisfaction is 210 points higher among buyers and 192 points higher among sellers when they receive a timely response to questions and concerns vs. when they do not.
- Word-of-mouth remains important: First-time home buyers and sellers report good reputation and recommendations from friends, family and colleagues as the two main reasons for selecting a real estate company.
The team at Berkshire Hathaway HomeServices New Jersey Properties works hard to exceed the expectations of its clients – sellers and buyers alike,” explained Bill Keleher, chairman and CEO of Berkshire Hathaway HomeServices New Jersey Properties. “In today’s market, clients need the expertise of top real estate professionals,” he said. “Through our local-market expertise, brand strength and processes, we provide award-winning service as we help people achieve their real estate goals and dreams.”
About J.D. Power
J.D. Power is a global leader in consumer insights, advisory services and data and analytics. These capabilities enable J.D. Power to help its clients drive customer satisfaction, growth and profitability. Established in 1968, J.D. Power is headquartered in Costa Mesa, Calif., and has offices serving North/South America, Asia Pacific and Europe.
Berkshire Hathaway HomeServices received the highest numerical score among five real estate companies for repeat home sellers in the J.D. Power 2017 Home Buyer/Seller Satisfaction Study, based on 5,117 evaluations from 4,170 consumers, measuring the perceptions and experiences of people who bought and/or sold a home between March-April 2017. Your experiences may vary. Visit http://www.jdpower.com/resource/us-home-buyerseller-satisfaction-study for details.
About Berkshire Hathaway HomeServices New Jersey Properties
Berkshire Hathaway HomeServices New Jersey Properties is an independently owned and operated real estate company and affiliate member of the Berkshire Hathaway HomeServices network. Serving northern and central New Jersey with more than 730 sales associates in 19 offices, the full-service residential and commercial brokerage perennially ranks among the nation’s top 100 brokerages for sales volume and offers residential resale, new construction, luxury collection, rental and commercial properties as well as relocation, mortgage, title and home warranty services. For more information, visit www.bhhsnj.com or contact the corporate office in Somerset, New Jersey at 800-LIVE-IN-NJ (800-548-3466).
About Berkshire Hathaway HomeServices
Berkshire Hathaway HomeServices, based in Irvine, CA, remains one of the nation’s fastest-growth real estate brokerage networks with 43,500 agents and 1,320 offices named to the brand since its launch in fall 2013. The network, among the few organizations entrusted to use the world-renowned Berkshire Hathaway name, brings to the real estate market a definitive mark of trust, integrity, stability and longevity. Visit www.berkshirehathawayhs.com.
Marketing Communications Specialist
BHHS New Jersey Properties
(732) 627-8400 x357