Koenig and Strey Sold to Berkshire Hathaway Division

September 3, 2009

Daily Real Estate Updates

sudler-sothebys-logo03 September 2009 ? Home Services of America, a division of Warren Buffet’s investment firm Berkshire Hathaway, has acquired Koenig and Strey, one of Chicago’s largest real estate brokerages. Koenig and Strey’s parent company, GMAC Home Services, LLC, was purchased by Canadian company Brookfield Residential Property Services. Shortly after that transaction closed, Brookfield began selling off locally run brokerages. No major operational changes are expected in the near future, as Home Services believes that real estate is a local business best run by local management.

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About Stacy Braack

Stacy is a seasoned real estate professional with a broad range of hands-on experience including first time buyers, investors, luxury homes, and distressed properties. While this may appear to be a scattered set of expertise, she believes the experience provides maximum effectiveness in today's chaotic market, which requires extensive knowledge of all aspects of the industry. Stacy's educational background includes a BS in Industrial Engineering from Stanford University and an MBA in Marketing and Finance from the Kellogg Graduate School of Management. Professionally, Stacy has done everything from operations consulting to city government before she found her passion in real estate almost eleven years ago. It is this passion that drives the most benefit to her buyers and sellers. She is fully committed to your goals - both financial and personal. Her clients describe her as extremely direct, honest, and responsive, and they repeatedly trust her to handle one of the biggest events in their lives. For buyers she works non-stop to find you both a home you will love to live in and one that is a smart investment. Many of her 2008 buyers have realized instant equity in their new homes through 'pit bull' negotiation skills. While the market has been tough for sellers, her listings have sold at a rate above that of the market. Extensive, constant, and extremely high-quality marketing, including both print and internet mediums, support every listing, from investment studios to luxury penthouses. She believes that your goals are her priority and her full-time job. She has built her business on referrals from satisfied clients, and she would love to add you to that list. You can contact her at 773-405-4431 or stacy.braack@sothebysrealty.com

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