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HomeServices Agrees to $250 Million Settlement in Sitzer/Burnett Case

HomeServices Agrees to $250 Million Settlement in Sitzer/Burnett Case

by Phil Hall | Apr 26, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

HomeServices of America has agreed to a $250 million settlement to resolve the charges brought against the company in the Sitzer/Burnett trial. The company, which is owned by Warren E. Buffett’s Berkshire Hathaway Energy, was the last defendant in the case to agree to...
Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

Sitzer/Burnett Attorneys Take Aim at Warren Buffett’s Billions

by Phil Hall | Mar 5, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The attorneys who scored a $1.8 billion court victory in the Sitzer/Burnett case against the National Association of Realtors (NAR) and several major brokerage firms appear to be taking a cue from the legendary Willie Sutton and are going where the money is – in this...
Another Missouri Lawsuit Takes Aim at Brokers’ Commissions

Another Missouri Lawsuit Takes Aim at Brokers’ Commissions

by Phil Hall | Jan 2, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Two months after the verdict in the Sitzer/Burnett trial rocked the real estate profession, another lawsuit was filed in Missouri challenging the commission structures of real estate professionals. Maryland resident named Daniel Umpa filed a complaint in the U.S....
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