Tag Archives: gino blefari

Real estate’s hottest hookups amid merger mania: The Download

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Compression trumps competition as real estate industry heavyweights look for their perfect partners and set themselves up for strength and success in the years ahead. Continue reading →

Ousted CEO speaks, merger rumors, DOJ weighs in: Top 5

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. 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 →

Compass negotiating to buy Berkshire Hathaway HomeServices

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The deal is reportedly nearing the finish line, though the companies have not agreed on final terms. 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 →

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

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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

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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

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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

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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

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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 →