Berkshire Hathaway HomeServices Commonwealth Real Estate Sunday announced the acquisition of Key Advantage Realty, a full-service real estate brokerage located in Needham. The acquisition brings the total number of offices in the growing company to 23. The purchase price was not disclosed.

Key Advantage Realty has served the region since 2011. The boutique agency specializes in the purchase, sale, rental and investment of residential properties in the Metro Boston area including Needham, Wellesley, Newton, Dover, Natick and Westwood. All of the Key team, including the 11 agents, will become part of the new entity. Key Advantage Realty will now become part of Berkshire Hathaway HomeServices Commonwealth Real Estate. The agency will remain in Needham but will relocate to the Berkshire Hathaway offices at 1089 Great Plain Ave.

Dora Daly, of Plymouth, opened Key Advantage Realty in 2011 with business partner Paul Jamgotchian. Prior to launching Key Advantage Realty, Daly was CEO of Keller Williams Realty Boston South West in Westwood. She spent six years in California as CEO of Keller Williams Silicon Valley in Campbell, California and Keller Williams Fair Oaks, Sacramento, California.

“We feel privileged to have the opportunity to become part of this amazing company,” Daly said in a statement. “It is exciting not only to be affiliated with a Warren Buffett company, but with Commonwealth, a company with a proven track record of success, focusing on each agent’s success. Our goal at Key Advantage Realty has always been to provide our agents with the latest systems, tools, resources and knowledge for each one to excel in the real estate industry; all while providing an environment that offers the uniqueness and special qualities of a boutique real estate company. Over the years, many companies have approached us to join forces, but none matched our vision, until now.”

“We are pleased to welcome Dora and her team to the Berkshire Hathaway HomeServices Commonwealth family; their reputation and excellent track record will undoubtedly help us continue to grow our business,” George Patsio, founding partner at Berkshire Hathaway HomeServices Commonwealth, said in a statement. “We look forward to driving business within our marketplace and extend our mission to provide the very best customer service experience to our valued clients and customers.”

Berkshire Hathaway Buys Needham Brokerage

by Banker & Tradesman time to read: 1 min
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