Tag Archives: HomeServices of America

HomeServices commission settlement gets prelim approval

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HomeServices previously agreed to pay $250 million to settle various commission suits. A final approval hearing is set for November. 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 →

Judges decline to ‘centralize’ commission lawsuits for now

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A panel of judges considering whether to consolidate real estate commission lawsuits into one cited the recent NAR settlement as a reason to deny the request. Continue reading →

How commission chaos divided the real estate industry into 4 factions

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The verdict in the monumental Sitzer | Burnett commission case in Missouri — plus oversight by federal regulators — has splintered the industry as it scrambles to figure out how to move forward. Continue reading →

Berkshire Hathaway Energy added to growing Gibson commission suit

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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 →

Keller Williams settled. What does NAR do now? The Download

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In the wake of the $70 million settlement by Keller Williams, NAR and HomeServices of America appear to be the ones left holding the bag. What happens next? Continue reading →

Broker Public Portal appoints former RE/MAX exec as CEO

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Dan Troup will lead a company founded by brokerages and MLSs, which aims to build an alternative to big portals such as Zillow and Realtor.com. Continue reading →

Georgia homesellers file yet another antitrust commission suit

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The Georgia suit accuses NAR and major real estate companies of conspiring to keep commissions high. It’s also the latest in a string of new cases following the Sitzer | Burnett verdict. Continue reading →

Anywhere, RE/MAX commission lawsuit settlements move forward

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A judge has granted preliminary approval of the franchisers’ multi-million dollar settlements in Sitzer | Burnett, Moehrl and Nosalek. Final approval may happen next year. Continue reading →