Home sellers have initiated a legal battle against HomeServices, a Berkshire Hathaway unit, claiming that they are owed $4.7 billion in real estate commissions, as reported by @MikeScarcella. The case has garnered significant attention due to the substantial amount involved, with plaintiffs seeking a final judgment in their favor. This lawsuit follows a precedent where Missouri-area home sellers won a $1.7 billion verdict over inflated real estate commissions. The total settlements in related real estate commission lawsuits have reached $626 million so far, raising questions about who will be compensated and the timeline for payments. #realestatenews #realestate
After winning a $1.7B verdict over claims that they paid inflated real estate commissions, Missouri-area home sellers asked for a final judgment of more than $4.7B against HomeServices, a unit of Berkshire Hathaway https://t.co/8aT4TLtvMa https://t.co/uDyEFMHk5G
Real estate commission lawsuits total $626M in settlements so far. Who will get paid and when? Here's what we know so far. https://t.co/jydKkvd823
Home sellers say HomeServices owes $4.7 bln in real estate commissions case https://t.co/1xEZvNSwpS https://t.co/pY6c2NyGmv