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Berkshire Hathaway Floberg real estate office in Billings changes ownership

Berkshire Hathaway Floberg.jpg
Posted at 9:16 PM, Feb 03, 2021
and last updated 2021-02-05 00:22:56-05

A long-standing real estate company has changed ownership after 61 years.

The announcement was made Wednesday afternoon that Berkshire Hathaway HomeServices Floberg Real Estate has been sold.

Dan and Beth Smith became the owners on Jan. 1, 2021.

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Charles & Beth Smith

The Smiths have been working as sales associates for Floberg Real Estate.

Marilyn Floberg, Tom and Robin Hanel, Linda Parker and Mike Oliver owned the business until the end of the year.

Tom Hanel will stay on as managing broker and also work with Robin in sales.

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Robin & Tom Hanel

Don Floberg started Floberg Realtors in 1959.

The business was later known as Prudential Floberg Realtors and then to its current name in 2014.

He signed the final paperwork a day before he died in December 2020.

According to Tom Hanel, the Floberg firm is the second oldest in the area and was founded two years after Peter Yegen, Jr. Realty started.

Hanel also said Floberg is the largest in the area with offices also in Red Lodge and Columbus.