HomeServices previously agreed to pay $250 million to settle various commission suits. A final approval hearing is set for November. Source: Inman News
Posts published in “HomeServices of America”
The class action lawsuit filed by plaintiff James Lutz alleges that HomeServices and other members of the National Association of Realtors fixed commissions, which misled…
HomeServices was potentially on the hook for the remaining $4.7 billion in damages from an Oct. 31 jury verdict in Sitzer | Burnett, which awarded…
A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the…
The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it…
Amended complaint alleges Warren Buffett’s company abused the trust inspired by his name to encourage homesellers to use HomeServices and further alleged price-fixing conspiracy. Source:…
In the wake of the $70 million settlement by Keller Williams, NAR and HomeServices of America appear to be the ones left holding the bag.…
Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com. …
The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new…
A judge has granted preliminary approval of the franchisers’ multimillion dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. …