Real estate company

Local real estate company merges with Warren Buffett’s Berkshire Hathaway

WILMINGTON, NC (WECT) — After 35 years as Century 21 Sweyer and Associates, the real estate company has a new name. And it’s a big one. The Wilmington-based company merged with Berkshire Hathaway, which is owned by billionaire Warren Buffett. Sweyer and Associates is now Berkshire Hathaway Homes Services, Carolina Premier Properties.

Jeff Sweyer, the owner of the Wilmington real estate company, says nothing will change internally except the name. He announced the merger to employees during a lunch on Tuesday.

“While we all love this company, everything stays the same and now we can add this amazing brand and it’s going to help us take it to the next level,” Sweyer told employees.

Sweyer believes the name will bring huge benefits to the southeastern North Carolina real estate market.

“Everyone knows Warren Buffett and he’s one of the most trusted companies in the world so I think he’ll be a magnet for all consumers,” Sweyer said. “And certainly, as we have more and more people coming from outside the region and the Berkshire brand continues to be so strong in what we call the Wilmington feeder markets, it gives us instant credibility. and the ability to continue to do well in terms of market share. .”

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