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Edina Realty

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Edina Realty
Founded1955
FounderEmma Rovick
Headquarters
Edina, Minnesota

Edina Realty Home Services, based in Edina, Minnesota, is a Berkshire Hathaway affiliate and a wholly owned subsidiary of HomeServices of America, Inc. Edina Realty is the largest real estate company in Minnesota by sales volume and transaction sides. In 2023, the company conducted over 18,000 real estate transactions and $7.4 billion in sales volume.

Edina Realty has more than 75 real estate offices and 2,000 realtors operating in Minnesota and western Wisconsin. Edina Realty Home Services includes Edina Realty, Edina Realty Title, Edina Realty Mortgage and Edina Realty Insurance.[1]

Background

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Edina Realty was established in 1955 by Emma Rovick. The company's first real estate office was located at 50th and France Avenue in Edina, Minnesota.

The firm has acquired several real estate firms. During 2007 and 2008, Edina Realty acquired 17 real estate firms throughout the Midwest.[2] In 2022, Edina Realty expanded into South Dakota with the acquisition of Hegg Realtors headquartered in Sioux Falls.[3]

Leadership

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Greg Mason, President and CEO, Edina Realty Home Services[4]

Sharry Schmid, President, Edina Realty[5]

Joe Brown, President, Edina Realty Mortgage

Brad Fisher, President, Edina Realty Title

Other company affiliates

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Edina Realty Mortgage – Wholly owned subsidiary of HomeServices Lending and HomeServices of America, Inc., a Berkshire Hathaway affiliate. All first mortgage products are provided by Prosperity Home Mortgage, LLC dba Edina Realty Mortgage. Founded in 1983, Edina Realty Mortgage is an Equal Housing Lender. NMLSR ID 75164.

Edina Realty Title – 21 closing centers in Minnesota and western Wisconsin. Founded in 1986.

Edina Realty Insurance – Wholly owned comprehensive insurance provider for home, car and other belongings.

Edina Realty Foundation – A non-profit, private foundation supported through donated funds and volunteer time by Edina Realty sales associates, employees and Edina Realty Home Services. The foundation offers financial support to nonprofit organizations that work with the homeless or toward homelessness prevention. Since its inception in 1996, the Foundation has raised $12 million.[6]

References

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  1. ^ "Edina Realty Fact Sheet".
  2. ^ StarTribune, Jan. 12, 2009
  3. ^ "Edina Realty enters South Dakota market with purchase of Hegg Realtors". Star Tribune. 11 January 2022.
  4. ^ "Greg Mason succeeds Bob Peltier as CEO of Edina Realty Home Services". Inman News. 27 January 2014. Retrieved 23 February 2014.
  5. ^ "Berkshire Hathaway affiliate ushers in new president". Inman. May 2, 2017. Retrieved 2017-05-10.
  6. ^ "Foundation | Edina Realty". 18 October 2021.
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