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 buyers and resulted in buyers paying inflated home prices. Continue reading
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 plaintiffs $5.3 billion. Continue reading
The U.S. Supreme Court denied the real estate franchisor’s request for consideration on Monday, but the plaintiffs won’t be able to lay $4.7 billion in damages at HomeServices’ feet — at least not yet. Continue reading
The Berkshire Hathaway affiliate says final judgment in the case shouldn’t come before settlements are finalized, a process the franchisor does not expect to be “uncontroversial.” Continue reading
Sitzer | Burnett plaintiffs asked the court to order the Berkshire Hathaway affiliate to pay most of the nearly $5.4 billion damages award after NAR, Keller Williams, Anywhere and RE/MAX settle. Continue reading
The franchisor filed a petition to the Supreme Court on Friday requesting the review of an earlier appeals court ruling barring it from enforcing arbitration agreements signed by seller clients. Continue reading
Homesellers allege 36 Realtor association, brokerage, and multiple listing service defendants conspired to inflate buyer broker commissions in violation of state and federal antitrust laws. Continue reading
Longtime HomeServices of America executive Chris Kelly has some trailblazing shoes to fill in his new role as CEO of Ebby Halliday, which was founded in 1945. He’s taking the helm of a company founded by Halliday herself, the company’s iconic namesake,… Continue reading
Mary Frances Burleson, the longtime CEO and president of Ebby Halliday, is stepping down to assume a new role as chairman emeritus as she focuses on the company’s philanthropic efforts, per an announcement this week. Chris Kelly, who formerly served in… Continue reading