HomeServices of America agrees to pay $250M to settle lawsuits

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

Jury finds in favor of homeseller plaintiffs in Sitzer | Burnett trial

Jurors on Tuesday shocked the real estate industry, awarding damages adding up to $5.36 billion to homesellers after deliberating for 2 hours and 28 minutes. Continue reading

‘Rabbit gets the gun’: The essential guide to Week 1 of Sitzer | Burnett

Big names, heated exchanges and the emergence of homeseller plaintiffs on the stand dominated the first week of the Sitzer | Burnett commission trial in Kansas City, Missouri. Continue reading

Full court press: What to know as the commission battle starts today

The allegations, the high-profile witnesses slated to testify and all the evidence the jury will and won’t see — it’s all here as the long-awaited Sitzer | Burnett commission trial unfolds this week. Continue reading

Long & Foster co-founder P. Wesley ‘Wes’ Foster Jr., dies at 89

The brokerage Foster co-founded with Hank Long became known as a giant independent firm across the Mid-Atlantic region, and a pioneer of the “one-stop-shop” brokerage model. Continue reading

Long & Foster taps new CEO, president following resignations

The announcement follows the resignations of former Long & Foster Companies President and CEO Jeff Detwiler and former Long & Foster Real Estate President Boomer Foster, which were made public at the beginning of this week. Continue reading

BHHS CEO Christy Budnick is ready to dive into the spring market

As “motivator and chief encourager” of Berkshire Hathaway HomeServices, Budnick said she’s bullish about the upcoming year. Agents who get down to business will thrive, she added. Continue reading

BHHS Chair on housing market angst: ‘This too shall pass’

No matter what the market’s doing, the way you show up is the biggest factor in determining your outcomes. Jimmy Burgess talks with Gino Blefari, CEO, HomeServices of America and Chairman, Berkshire Hathaway HomeServices, about where we’ve been, where … Continue reading

Berkshire Hathaway franchise network adds Tennessee brokerage

Tennessee’s Lakeside Real Estate Group will do business under the Berkshire Hathaway HomeServices brand, the franchise network announced. Continue reading

2 top Douglas Elliman execs jump to HomeServices of America

Douglas Elliman executives Brad Loe and Steven James, the president of the brokerage’s New York City operations, will help craft HSA’s growth strategy. Continue reading