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HomeServices of America

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The number of plaintiffs in the class-action lawsuit included sellers of over 260,000 homes in Illinois, Missouri, and Kansas. They raised concerns about the high commissions they were obligated to pay to the home buyers' brokers between 2015 and 2022. The trial lasted two weeks, after which the jury
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On November 1, 2023, a federal jury in Kansas City, Missouri, found Berkshire Hathaway and the National Association of Realtors liable to pay $ 1.78 billion in damages. The verdict came as the
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According to the jury in Kansas City, the manipulation resulting in inflated commissions caused an artificial rise in mortgage rates and property prices in the housing market.
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awarded the plaintiffs $ 1.78 billion in damages. The defendants in the lawsuit included Berkshire-owned HomeServices of America and its two subsidiaries, along with
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In 2012, the company acquired real estate brokerage firms from Prudential and Real Living and rebranded Prudential Real Estate to Berkshire Hathaway HomeServices.
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In 1999, MidAmerican renamed its brokerage business HomeServices and acquired Semonin Realtors, operating in Louisville, and Long Realty, operating in Arizona.
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In July 2015, the company acquired Prudential Centennial Realty, operating in Westchester County, and First Weber, the largest residential brokerage in
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is the United States' largest residential real estate services company, based on closed transactions. The company provides
868:"Berkshire Hathaway HomeServices Signs Marketing Agreement with Juwai.com, China's Largest International Property Portal" 387: 363: 2731: 2529: 2212: 812: 1282: 1146: 321: 1227: 537: 945: 853: 701: 627: 409: 2686: 2666: 2131: 2792: 1384: 605:"HomeServices of America, Inc. Announces Acquisition of Prudential Fox & Roach, Realtors®/Trident Group" 2696: 2640: 2245: 1424: 1361: 584: 2834: 2645: 2635: 2202: 2072: 1533: 1275: 1030: 679:"HomeServices of America, Inc. Announces Acquisition of Silicon Valley–based Intero Real Estate Services" 343: 405: 2302: 2192: 2028: 1907: 1705: 1576: 1528: 1419: 324:, were found guilty of manipulating and artificially inflating the commissions on numerous home sales. 2250: 2147: 2099: 1867: 1518: 735:"Berkshire Hathaway HomeServices New England Properties Acquires Westchester County Brokerage Leader" 512: 448: 305: 278: 129: 342:. According to media sources, the awarded damages could be tripled to more than $ 5.3 billion under 265:
In April 2017, the company acquired Gloria Nilson & Co. Real Estate, a residential brokerage in
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In January 2017, the company acquired Houlihan Lawrence, the largest residential brokerage in
2605: 2585: 2559: 2549: 2509: 2377: 2338: 2240: 2197: 2187: 2172: 2152: 1566: 1369: 1326: 698:"Done deal: Buffett's Berkshire finalizes acquisition of Intero to cash in on Silicon Valley" 185: 165: 2766: 2519: 2449: 2312: 2255: 2177: 2167: 2157: 2092: 1832: 1479: 831:"HomeServices of America® Announces the Acquisition of Gloria Nilson & Co. Real Estate" 1248:"Realtors found liable in conspiracy to keep commissions for home sales artificially high" 234:
In August 2013, the company acquired Prudential Fox & Roach, Realtors®/Trident Group.
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In 2006, the company acquired Atlanta-based real estate brokerage Harry Norman Realtors.
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In November 2013, the company acquired Prudential Rubloff Properties, operating in the
222: 201: 197: 193: 107: 1186:"Missouri jury finds Realtors, brokerages guilty of conspiring to inflate commissions" 1161:"Realtors, brokerages ordered to pay $ 1.8B in damages in commission collusion ruling" 661:"HomeServices of America, Inc. Announces Acquisition of Prudential Rubloff Properties" 2630: 2439: 2422: 2382: 2307: 2297: 2275: 2260: 1981: 1840: 1822: 1768: 1746: 1599: 1501: 1203: 589: 339: 1066:"US jury finds realtors liable for inflating commissions, awards $ 1.78 bln damages" 494: 473: 2650: 2625: 2524: 2466: 2427: 2387: 2036: 1963: 1890: 1773: 1609: 1351: 569: 288: 215:
In 1998, AmerUs Home Services was acquired by MidAmerican Energy Holdings Company.
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In May 2014, the company acquired Intero Real Estate Services, operating in
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In 2020, they originated 43,683 mortgages with a value of $ 13.8 billion.
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In 2018, the company acquired North Texas real estate firm Ebby Halliday.
2736: 2590: 2412: 2407: 2280: 2115: 1993: 1895: 1751: 1715: 1147:"Realtors found liable for $ 1.8 billion in real estate commissions case" 942:"Long & Foster acquired by Buffett affiliate HomeServices of America" 642: 173: 95: 37: 2691: 2564: 1969: 1922: 1756: 1627: 1449: 266: 1917: 1817: 1341: 1321: 1267: 565: 498: 252: 83: 2671: 2615: 2417: 2343: 2126: 1938: 1875: 1491: 1474: 923:"HomeServices of America® Acquires The Long & Foster Companies" 79: 1725: 1374: 890: 887:"Buffett's Berkshire, Chinese property website Juwai.com team up" 797: 238: 585:"Berkshire Hathaway to shake up real estate franchise landscape" 284:
In June 2017, Robert Moline, president of the company, retired.
140: 2476: 1987: 1506: 1409: 1394: 813:"Berkshire Hathaway is betting big on New York — will it work?" 777: 646: 181: 2084: 2432: 1845: 1404: 960:"It's Official, Warren Buffett Buys Ebby Halliday Companies" 794:"Berkshire Hathaway unit buys big NYC-area real estate firm" 320:–led brand, Berkshire Hathaway HomeServices, along with the 2397: 1796: 1700: 773:"Warren Buffett Can't Buy Real Estate Agencies Fast Enough" 474:"Investors Led by Buffett to Buy Iowa's MidAmerican Energy" 425:"Industry Watch: HomeServices.com Moves into the Spotlight" 212:
The company traces its roots to AmerUs Home Services Inc.
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The lead lawyer for the plaintiffs in this lawsuit was
850:"HomeServices' latest deal takes it to Jersey Shore" 472:
Lipin, Steven; Miller, James P. (October 25, 1999).
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Real estate services companies of the United States
1064:Scarcella, Mike; Stempel, Jonathan (2023-10-31). 562:"Warren Buffett buys Prudential real estate unit" 2825:Financial services companies established in 1998 2806: 1063: 695: 538:"HomeServices buys Atlanta real estate company" 1184:Kleimann, Brooklee Han, Sarah Wheeler, James. 225:acquired MidAmerican Energy Holdings Company. 2747:List of housing markets by real estate prices 2100: 1283: 513:"Warren Buffett buying Harry Norman Realtors" 388:"What America's Homes Need Is A Conglomerate" 1208:: CS1 maint: multiple names: authors list ( 624:"Fox & Roach finally gets its new name" 471: 2787: 2107: 2093: 1290: 1276: 281:Chinese buyers looking to purchase homes. 150: 25: 2830:Real estate companies established in 1998 770: 696:Donato-Weinstein, Nathan (May 13, 2014). 582: 621: 361: 287:In September 2017, the company acquired 16:Residential real estate services company 1381:Berkshire Hathaway Homestate Companies 1031:"Minnesota firm acquires Hegg Realtors" 939: 884: 791: 640: 622:Kostelni, Natalie (November 12, 2013). 2807: 1592: 1391:Berkshire Hathaway Specialty Insurance 1297: 1088: 847: 792:Stempel, Jonathan (January 17, 2017). 771:Schiffman, Betsy (November 17, 2015). 751: 714: 422: 364:"MidAmerican to Buy Real Estate Group" 2088: 1271: 1221: 1219: 1116: 1114: 1112: 1110: 1059: 1057: 1055: 1053: 1051: 583:Sichelman, Lew (September 20, 2013). 406:"Edina Realty sold to energy company" 385: 2774: 1465:International Metalworking Companies 1225: 1183: 1120: 885:Stempel, Jonathan (April 17, 2017). 810: 1903:Kern River Gas Transmission Company 966:from the original on 25 August 2019 940:Gilgore, Sara (September 7, 2017). 13: 2732:Undergraduate real estate programs 1216: 1107: 1048: 14: 2856: 2530:Investment rating for real estate 811:Hall, Miriam (January 19, 2017). 641:Simpson, Jake (August 15, 2013). 2786: 2773: 2761: 2760: 2067: 2066: 1226:Mark, Julian (31 October 2023). 362:SALPUKAS, AGIS (April 7, 1998). 322:National Association of Realtors 2114: 1240: 1177: 1153: 1139: 1082: 1023: 999: 978: 952: 946:American City Business Journals 933: 915: 897: 878: 860: 854:American City Business Journals 841: 823: 804: 785: 764: 745: 727: 708: 702:American City Business Journals 689: 671: 653: 634: 628:American City Business Journals 615: 597: 576: 554: 410:American City Business Journals 311: 2820:Companies based in Minneapolis 2687:Graduate real estate education 2132:Tertiary sector of the economy 1089:Medium, Seattle (2023-11-02). 848:Reilly, Mark (April 5, 2017). 530: 505: 487: 465: 441: 416: 398: 379: 355: 1: 2845:Property management companies 2840:American real estate websites 1697:Berkshire Hathaway Automotive 1385:Kansas Bankers Surety Company 752:Buchta, Jim (July 28, 2015). 386:Kerch, Steve (May 24, 1998). 349: 2641:Real estate investment trust 2246:Extraterrestrial real estate 1425:Berkshire Hathaway Assurance 715:Buchta, Jim (May 13, 2014). 7: 2646:Real property administrator 2636:Real estate investment club 344:United States antitrust law 277:portal, offering access to 49:; 26 years ago 10: 2861: 2303:Private equity real estate 1908:MidAmerican Energy Company 1706:FlightSafety International 1577:RC Willey Home Furnishings 1420:National Indemnity Company 1121:Mack, Emily (2023-10-31). 986:"Prosperity Home Mortgage" 517:Atlanta Business Chronicle 423:Dooley, Tom (2011-04-28). 207: 2755: 2659: 2578: 2485: 2357: 2321: 2251:International real estate 2221: 2140: 2122: 2062: 2015: 1952: 1931: 1866: 1831: 1805: 1782: 1739: 1690: 1640: 1585: 1559: 1519:Precision Castparts Corp. 1440: 1360: 1305: 1007:"Edina Realty Fact Sheet" 306:Sioux Falls, South Dakota 279:high-net-worth individual 135: 130:Berkshire Hathaway Energy 123: 113: 103: 71: 61: 43: 33: 24: 1944:Oriental Trading Company 1455:Benjamin Moore & Co. 1400:Central States Indemnity 495:"Buffett gets energetic" 453:Phoenix Business Journal 304:subsidiary, it acquired 2445:Real estate transaction 2334:Real estate development 2053:Becoming Warren Buffett 2029:Poor Charlie's Almanack 1881:HomeServices of America 1857:World Book Encyclopedia 1572:Nebraska Furniture Mart 483:(subscription required) 478:The Wall Street Journal 375:(subscription required) 162:HomeServices of America 20:HomeServices of America 2545:Real estate derivative 2505:Effective gross income 2271:Healthcare real estate 1512:Union Tank Car Company 1127:Chicago Agent Magazine 449:"Long Realty acquired" 333:Keller Williams Realty 308:-based Hegg Realtors. 66:Minneapolis, Minnesota 2702:Industry trade groups 2606:Exclusive buyer agent 2560:Real estate valuation 2550:Real estate economics 2510:Gross rent multiplier 2339:Real estate investing 2241:Corporate Real Estate 1370:Alleghany Corporation 1327:Howard Graham Buffett 300:In 2022, through its 166:real estate brokerage 2520:Highest and best use 2486:Economics, financing 2450:Real estate contract 2344:Real estate flipping 2313:Residential property 2256:Lease administration 2208:United Arab Emirates 929:. September 7, 2017. 667:. November 12, 2013. 99:Corporate relocation 2500:Capitalization rate 2495:Asset-based lending 2329:Property management 2234:Commercial building 2229:Commercial property 1619:Vanity Fair Brands 1524:Carlton Forge Works 1233:The Washington Post 1165:www.bizjournals.com 1035:SiouxFalls.Business 572:. October 30, 2012. 501:. October 25, 1999. 202:relocation services 115:Number of employees 21: 2835:Berkshire Hathaway 2727:Real estate trends 2631:Real estate broker 2601:Chartered Surveyor 2555:Real estate bubble 2535:Mortgage insurance 2368:Adverse possession 2291:Luxury real estate 2266:Garden real estate 1913:Northern Powergrid 1813:Ben Bridge Jeweler 1567:Jordan's Furniture 1551:Mouser Electronics 1470:ISCAR Metalworking 1299:Berkshire Hathaway 1095:The Seattle Medium 611:. August 14, 2013. 369:The New York Times 273:, China's largest 260:Westchester County 223:Berkshire Hathaway 198:casualty insurance 194:property insurance 108:Berkshire Hathaway 19: 2802: 2801: 2440:Property abstract 2423:Land registration 2383:Concurrent estate 2308:Real estate owned 2298:Off-plan property 2276:Vacation property 2261:Niche real estate 2082: 2081: 1982:Coca-Cola Company 1955:company ownership 1891:Long & Foster 1841:Campbell Hausfeld 1823:Helzberg Diamonds 1769:The Pampered Chef 1747:CTB International 1686: 1685: 1600:Fruit of the Loom 1502:Marmon-Herrington 925:(Press release). 907:(Press release). 874:. April 17, 2017. 870:(Press release). 833:(Press release). 737:(Press release). 681:(Press release). 663:(Press release). 607:(Press release). 590:Los Angeles Times 340:Michael Ketchmark 289:Long & Foster 275:overseas property 159: 158: 2852: 2790: 2789: 2777: 2776: 2764: 2763: 2707:Investment firms 2626:Property manager 2525:Home equity loan 2428:Leasehold estate 2388:Conditional sale 2109: 2102: 2095: 2086: 2085: 2070: 2069: 2037:Blue Chip Stamps 1964:American Express 1932:Other businesses 1610:Russell Athletic 1590: 1589: 1352:Walter Scott Jr. 1292: 1285: 1278: 1269: 1268: 1263: 1262: 1260: 1259: 1244: 1238: 1237: 1223: 1214: 1213: 1207: 1199: 1197: 1196: 1181: 1175: 1174: 1172: 1171: 1157: 1151: 1150: 1143: 1137: 1136: 1134: 1133: 1118: 1105: 1104: 1102: 1101: 1086: 1080: 1079: 1077: 1076: 1061: 1046: 1045: 1043: 1042: 1027: 1021: 1020: 1018: 1017: 1003: 997: 996: 994: 992: 982: 976: 975: 973: 971: 956: 950: 949: 937: 931: 930: 919: 913: 912: 911:. 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Index


Real estate
Minneapolis, Minnesota
Brokerage
Mortgage
Insurance
Title
escrow
Franchising
Berkshire Hathaway
Parent
Berkshire Hathaway Energy
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real estate brokerage
mortgage loan
franchising
title insurance
escrow
closing
home warranties
property insurance
casualty insurance
relocation services
Berkshire Hathaway
Chicago
Silicon Valley
Wisconsin
Westchester County
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