CAPE COD, Mass.–(BUSINESS WIRE)–Robert Paul Properties, the leader in the Cape Cod luxury real estate market, was recently acquired by Commonwealth Realty Group, LLC, the parent company of Berkshire Hathaway HomeServices Commonwealth Real Estate, a full-service real estate brokerage dedicated to providing operational excellence, unparalleled market expertise and the best customer service experience to homebuyers and sellers in the greater Boston and Rhode Island areas. The acquisition brings together two exceptional brands with similar values and standards, providing the highest level of expertise and customer care to all clients.
“This collaborative partnership for us was a clear decision”
The two companies will continue operating independently, while leveraging the financial strength and integrity of the Berkshire Hathaway HomeServices brand throughout Massachusetts and Rhode Island. Combined, the brokerage will operate with nearly 40 offices, close to 1,000 agents, and a total sales volume of $3 billion. Robert Paul Properties will continue to service their clients with offices in Boston, Norwell, Osterville, Falmouth, Barnstable, Sandwich, Chatham, Provincetown, and Marion, under the Berkshire Hathaway HomeServices Robert Paul Properties name.
Over the last 11 years, Robert Paul Properties continued to grow year-over-year in sales production and agent count, expanding their territory and dominating the luxury market. In 2020, Robert Paul Properties broke its company record, announcing that it closed over $1 billion in sales. They outsold the nearest competitor by 133% in all sales over $2 million, while representing 6 out of the 10 highest sales in Barnstable County.
With the acquisition, Berkshire Hathaway HomeServices Robert Paul Properties instantly gains access to Berkshire Hathaway HomeServices’ active referral and relocation networks and its “FOREVER Cloud” technology suite, a powerful source for lead generation, marketing support, social media, video production/distribution, and more. Berkshire Hathaway HomeServices has aligned with best-in-class technology platforms to deliver world-class support to its network members far into the future.
The brand also provides global listing syndication, professional training, and ongoing education, and the exclusive Luxury Collection marketing program for premier listings. Its Prestige Magazine showcases network members’ premium listings with a strong lineup of feature stories covering topics that appeal to high-end real estate consumers.