Berkshire Hathaway Energy added to growing Gibson commission suit

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. Continue reading

Warren Buffett: ‘You want a bad number’ to get good market news

In 2010, the Berkshire Hathaway Inc. CEO said that fewer housing starts can help lay the foundation for a more balanced market down the line. His own company’s recent investments in home builders show commitment to that principle. Continue reading

My lunch with legendary investor Charlie Munger, and what I learned

Charlie Munger, legendary philanthropist and business partner to Warren Buffett, died Nov. 28 at the age of 99. Inman founder Brad Inman recalls a consequential meal with the venerable investor. Continue reading

Sitzer | Burnett defendants bulk up lawyer bench to prep for appeal

The National Association of Realtors and Keller Williams have hired former U.S. solicitors general to help them beat back the multibillion-dollar verdict. Continue reading

Buffett, Munger foresee ‘hollowed out’ downtowns on the horizon

Billionaire investor Warren Buffett and business partner Charlie Munger see long-term distress in commercial real estate, which could spell trouble for lenders and opportunity for investors. “The buildings don’t go away,” Buffett said. Continue reading

Ben Kinney on ‘apocalypse planning’ and surviving tough times

The founder of a billion-dollar real estate tech firm, who will be speaking at Inman Connect Las Vegas, sees a recession as likely but said that focusing on profitability has helped his own firms stay resilient. Continue reading

Berkshire Hathaway sees real estate income plummet

The operator of Berkshire Hathaway HomeServices saw net income from real estate fall 75 percent year over year, according to earnings released at so-called “Woodstock of Capitalism” this weekend. Continue reading

Creating value in your business? It’s all about integrity

If you cut corners, fudge numbers, or break the rules, expect to be busted. It will kill the deal or deflate your valuation. Don’t put your biz up for sale if there’s rot in the basement. Continue reading

HomeServices of America once again tops Real Trends 500

The Berkshire Hathaway company had the most transaction sides in 2020, though Realogy Brokerage Group did the most volume. Several newer, tech-focused companies also had good showings. Continue reading