The Seattle-headquartered Redfin (NASDAQ:RDFN) has become the latest brokerage to announce a settlement of lawsuits related to claims of inflated broker commissions – in this case, a $9.25 million agreement. The company agreed to the settlement on Friday and disclosed...
One week after it announced a $250 million settlement agreement to resolve concerns raised over real estate agent commissions, HomeServices of America, the real estate brokerage unit of Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A), is facing a new class action...
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...
The judge who oversaw the Sitzer/Burnett lawsuit has granted preliminary approval to the National Association of Realtors’ (NAR) $418 million settlement. As part of the settlement, NAR will allocate the $418 million into a fund over a four-year period. NAR also agreed...
The Real Brokerage Inc. (NASDAQ: REAX) announced a $9.25 million settlement agreement to resolve the pending class action litigation in one of the post-Sitzer/Burnett copycat lawsuits regarding the commissions paid to real estate professionals. Under the terms of the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
