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Published 11 days ago

Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits

  • A real estate company under Warren Buffett's Berkshire Hathaway will pay $250 million to settle lawsuits nationwide, claiming inflated broker commissions by real estate brokerages.
  • Home sellers sued HomeServices of America for alleged conspiracy in forcing sellers to pay higher agent commissions, leading to the settlement.
  • HomeServices settled to remove uncertainty from ongoing legal processes, as stated by Executive Vice President Chris Kelly.
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Associated Press NewsAssociated Press News

Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits

A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide. The lawsuits claimed that longstanding practices by real estate brokerages

11 days ago·United States
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abc Newsabc News

Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits

A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide

11 days ago·United States
Read Full Article
The Business JournalsThe Business Journals

Another real estate titan settles commission lawsuit, but big questions remain

The final defendant in a major class-action lawsuit over real estate commissions has agreed to a settlement. But there are some big questions about the long-term impact of the settlement on homebuying.

11 days ago·United States
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Business InsiderBusiness Insider

Warren Buffett's real-estate firm will spend $250M to get out of legal hot water

Warren Buffett's HomeServices of America agreed to pay $250 million to settle claims of inflated agent commissions, according to plaintiffs in the case.

11 days ago·United States
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Star TribuneStar Tribune

Berkshire Hathaway's real estate firm to pay $250 million to settle real estate commission lawsuits

A real estate company owned by Warren Buffett's Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages forced U.S. homeowners to pay artificially inflated broker commissions when they sold their homes.

11 days ago·Minneapolis, United States
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OC RegisterOC Register

Berkshire Hathaway to pay $250 million to settle real estate commission lawsuits

The real estate company had been a major holdout after several other big brokerage operators agreed to settle.

11 days ago·Orange County, United States
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