Tag Archives: Chris Kelly

Gino Blefari out as HomeServices CEO, Chris Kelly promoted

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Blefari has helmed HomeServices of America for more than five years. Kelly had been serving as an executive vice president before being promoted. Continue reading →

Berkshire Hathaway HomeServices CEO denies Compass negotiations

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HomeServices of America CEO Gino Blefari said Thursday night his company isn’t in acquisition talks with Compass. Since then, the brokerage franchise network and Compass have been silent. Continue reading →

Homie sues NAR and others, alleging boycott and conspiracy

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The suit accuses NAR and major franchisors of breaking antitrust laws. The company’s complaint includes alleged text messages in which agents refused to show Homie listings. Continue reading →

No HomeServices deal yet, months after settlement announcement

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The franchisor and plaintiffs offered different reasons for why HomeServices has yet to finalize its commission settlement agreement after announcing it had reached one for $250 million in April. Continue reading →

HomeServices hit by buyer commission lawsuit in Florida

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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 of America agrees to pay $250M to settle lawsuits

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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 →

Federal courts hand HomeServices a win (and a loss) in Sitzer | Burnett

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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 →

HomeServices tells court it’s too early for $4.7B Sitzer ruling

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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 →

Court weighs $4.7B Sitzer ruling against last holdout HomeServices

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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 →

HomeServices wants US Supreme Court to weigh Sitzer | Burnett case

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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 →