Edina Realty, a HomeServices of America company, recently announced the acquisition of the real estate brokerage business of Fahey Sales Agency Inc., which has offices in Belle Plaine, Hutchinson and New Prague, Minn.

“This acquisition gives us a critical presence in what is considered the outer ring of expansion in the western and southwestern metro corridors of the Twin Cities,” said Ron Peltier, chief executive officer of Edina Realty and president and chief executive officer of HomeServices. “The Fahey real estate brokerage offices will be converted to Edina Realty offices, giving us a good nucleus from which to further expand our operations in these high-growth areas.

Fahey Sales Agency Inc. was founded by Joseph J. Fahey Sr. in 1947 and is owned and operated by Terry Fahey of New Prague, Joe Fahey Jr. of Belle Plaine and Jim Fahey of Hutchinson. In addition to being licensed with Edina Realty, the Faheys will continue to conduct auctions and appraisals under the name of Fahey Sales Auctioneers and Appraisers. Both organizations will collaborate in conducting real estate auctions.

Edina Realty is a subsidiary of HomeServices of America, a Berkshire Hathaway affiliate. Edina Realty has approximately 3,400 sales associates and 78 offices in Minnesota, Wisconsin and North Dakota.

Minneapolis-based HomeServices of America operates in 18 states under the following brand names: Carol Jones Realtors, CBSHome Real Estate, Champion Realty, Edina Realty, Esslinger-Wooten-Maxwell Realtors, First Realty/GMAC, Home Real Estate, Iowa Realty, Jenny Pruitt and Associates, Long Realty, Prudential California Realty, Prudential Carolinas Realty, RealtySouth, Rector-Hayden Realtors, Reece & Nichols, Semonin Realtors and Woods Bros. Realty.


What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription