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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.
NAR and HomeServices dispute Plaintiffs’ allegations and deny all liability to Plaintiffs and the Class in the Burnett, Moehrl, and Gibson lawsuits. You can read the Answers filed by NAR and HomeServices in the Burnett lawsuit on the Important Documents page. On October 31, 2023, a jury found in favor of Plaintiffs in the Burnett action. The ...
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 ...
22 mar 2024 · Nearly every member is covered by the release NAR negotiated in the settlement. The members not covered are those affiliated with HomeServices of America, the last co-defendant in the Sitzer-Burnett litigation, and the employees of the co-defendants in the Gibson and Umpa cases.
26 kwi 2024 · Topline. HomeServices of America, Warren Buffett’s real estate brokerage, reached a $250 million settlement over allegations it kept fees artificially high—marking the last major company to...
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.
HomeServices of America, the real estate brokerage under Warren Buffett’s conglomerate Berkshire Hathaway, is the last major defendant left in the lawsuits over the current commission...
