Berkshire Hathaway's property brokerage to pay $250M to settle commission suits [Seeking Alpha]
Anywhere Real Estate Inc., (HOUS)
Company Research
Source: Seeking Alpha
over the course of four years, the Associated Press reported Friday, to resolve lawsuits targeting agent commissions across the industry. The real estate industry has faced increased scrutiny lately due to various lawsuits targeting commission structures. Last month, the National Association of Realtors agreed to pay $418M to settle a series of claims of collusion within the real estate industry aimed at maintaining artificially high agent commissions. Re/Max ( RMAX ), Compass ( COMP ) and Anywhere Real Estate ( HOUS ) are among the publicly-traded brokerage operations that have agreed to settle. HomeServices' proposed settlement payout represents an aftertax accounting charge of about $140M, it noted, AP reported. It added that its parent company is not part of the settlement. BRK.B shares edged down 0.5% in midafternoon trading, defying the broader market's intraday rally. Recommended For You More Trending News Recommended For You More Trending News Related Stocks
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HOUS
News
- Anywhere to Participate in the KBW Virtual Real Estate Finance & Technology ConferencePR Newswire
- Boston's Most Expensive Row House Comes to Market for $30 Million [Yahoo! Finance]Yahoo! Finance
- Santa Monica: An unexpected haven for first-time buyers [Yahoo! Finance]Yahoo! Finance
- Glass house for sale offers vivid views of the water. Cause, well, you're right on it [Yahoo! Finance]Yahoo! Finance
- Is Barbara Corcoran Right About the Housing Market? [Yahoo! Finance]Yahoo! Finance
HOUS
Earnings
- 4/25/24 - Miss
HOUS
Sec Filings
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- 5/6/24 - Form 4
- HOUS's page on the SEC website