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Rhonda Burnett, the lead plaintiff, testified about her experience with a real estate agent from HomeServices of America subsidiary ReeceNichols. According to Burnett, the agent gave her a contract to sign with a commission rate of 6% already filled in, and she was told that the rate was non-negotiable. [12]
(The Center Square) – Despite a recent lawsuit affecting real estate commissions, a new survey shows home sellers still prefer hiring a real estate agent for the transaction. In the settlement ...
HomeServices of America said Friday that the proposed settlement would shield its 51 brands, nearly 70,000 real estate agents and over 300 franchisees from similar litigation.
HomeServices of America is the United States' largest residential real estate services company, based on closed transactions. The company provides real estate brokerage services, mortgage loan origination, franchising , title insurance / escrow and closing services, home warranties , property insurance , casualty insurance , and relocation ...
In 2008, GMAC Home Services LLC was acquired by Brookfield Asset Management. [7] In 2009, Brookfield merged the company into its Real Living division. [8] In 2012, HomeServices of America, an affiliate of Berkshire Hathaway, acquired Real Living. [9]
A new federal class-action lawsuit filed in South Carolina alleges that the National Association of Realtors and Keller Williams Realty violated federal anti-trust laws.
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Edina Realty Home Services, based in Edina, Minnesota, is a Berkshire Hathaway affiliate and a wholly owned subsidiary of HomeServices of America, Inc. Edina Realty is the largest real estate company in Minnesota by sales volume and transaction sides. In 2023, the company conducted over 18,000 real estate transactions and $7.4 billion in sales ...