National Association of Realtors News

Buffett’s Property Brokerage Reaches Settlement in Realtor Case

HomeServices of America, a real estate brokerage owned by Berkshire Hathaway Inc., reached a settlement agreement in a lawsuit taking aim at agent commissions industrywide. The brokerage agreed to pay a total of $250 million over the course of four …

US Homebuyers Expecting $10,000 Savings Face Tough Reality

Consumers expecting big savings from a National Association of Realtors’ class-action settlement over agent commissions may instead be in for a letdown. The agreement drew cheers from President Joe Biden, who said it “could save homebuyers and home sellers as …

Berkshire Unit Added to Lawsuit Over Inflated Real Estate Commissions

A unit of Warren Buffett’s Berkshire Hathaway was added on Monday to a lawsuit accusing the National Association of Realtors and several brokerages of conspiring to keep real estate commissions artificially high nationwide. The complaint filed in a Kansas City, …