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26 kwi 2024 · HomeServices of America, a real estate company owned by Warren Buffett’s Berkshire Hathaway, has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages forced U.S. homeowners to pay artificially inflated broker commissions when they sold their homes.
If you sold a home and paid a commission to a real estate agent, then you may be part of a class action settlement. These Settlements resolve claims against The National Association of REALTORS® (“NAR”) and HomeServices of America, Inc., BHH Affiliates, LLC, Long & Foster Companies, Inc., and HSF Affiliates, LLC (together, “HomeServices ...
If you exclude yourself as to the NAR and HomeServices Settlements, do not send in a claim form to ask for any money. If you exclude yourself only as to NAR or HomeServices, you may still ask for money from the Settlements with other Defendants.
26 kwi 2024 · HomeServices of America, the last remaining defendant in the Sitzer/Burnett commission case, has agreed to pay $250 million in damages to settle lawsuits that will change agent compensation.
3 sie 2023 · An appeal by HomeServices of America in a major class action lawsuit challenging the system of buyer agent commissions was denied, keeping the case on track for a trial this fall.
1 kwi 2024 · The brokerage requested a new trial in the landmark antitrust lawsuit known as Sitzer/Burnett, according to a motion filed on Sunday with the federal court in Missouri’s Western District.
In one of the cases brought against HomeServices, NAR, and a few other firms last October—often dubbed the Sitzer-Burnett case—the jury returned a verdict that found the plaintiffs had proved...
