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One Week After Settlement, HomeServices Faces New Commission Lawsuit

One Week After Settlement, HomeServices Faces New Commission Lawsuit

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

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 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...
Minneapolis Brokerage Opens First Office in Florida

Minneapolis Brokerage Opens First Office in Florida

by Phil Hall | Apr 5, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Minneapolis-based brokerage is catering to Minnesota residents heading south for the warmer weather by opening its first office in Florida. The Star Tribune reported Edina Realty established its Florida presence in Naples, roughly an hour’s drive from the...
The Best City to Move to in 2024 Is…

The Best City to Move to in 2024 Is…

by Phil Hall | Mar 28, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Warren Buffett may be getting a large wave of new neighbors if readers of Forbes Advisor follow the publication’s advice that Omaha, Nebraska, is the best city to move to in 2024. Omaha scored a perfect 100 out of 100 based on the point system created by Forbes...
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...
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