Warren Buffett: Real estate agent commission structure “has worked out very well” [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
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Source: Yahoo! Finance
America's recently announced settlement of the suits, during Berkshire Hathaway's annual shareholder meeting on Saturday. “There is no question that the industry will go through some transitions because of the settlements — ours and every other major player in the industry settled, the National Association of Realtors settled for more than $400 million ,” Abel said. “So, effectively everybody was swept up in the suit and for the industry to move forward there's a lot of changes that happen or are being proposed associated with the settlement.” Despite all of the changes Abel anticipates will occur he said he firmly believes that the real estate agent will remain “an important part of these transactions.” “It is the one time on our lives where we make these massive investments and having that counseling guidance is critical, and that is really what our business and those other businesses rely on,” Abel added. “How the commission structure changes and how it is negotiated will be
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News
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BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 13F-HR/A
- 5/15/24 - Form 13F-HR/A
- BRK.B's page on the SEC website