Warren Buffett’s real estate firm settles antitrust matter for $250 million | Mint

Warren Buffett’s real estate firm settles antitrust matter for $250 million | Mint

A real estate brokerage firm that is part of Warren Buffett’s conglomerate has reached a settlement in the landmark antitrust case against the industry, though the amount was a fraction of what the plaintiffs once aimed to recover. HomeServices of America reached a nationwide $250 million settlement, the company said Friday. That figure is higher than what any other individual brokerage has agreed to pay to settle claims that the real-estate industry used a commission structure that kept fees for …