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Warren Buffett s real estate brokage agrees to $250M settlement in anti-trust lawsuits

Warren Buffett s real estate brokage agrees to $250M settlement in anti-trust lawsuits
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Compass Acquires KVS Title Insurance

Founded in 2010, KVS Title has 90 employees across six offices in the Washington, D.C. metro area. Its attorneys have completed 70,000 settlements, and it serves clients in California, Florida, Washington state, Maryland, Virginia and Washington, D.C., according to its website. Compass is the third-largest brokerage based on sales volume, having sold $91.3 billion worth of real estate in 2019, according to data firm Real Trends. It currently has 18,000 agents nationwide. In January, Compass filed confidential plans to go public. It was last valued at $6.4 billion, after a July 2019 funding round. Thanks to the U.S. housing market’s hot year, Compass reported record revenue from June to October 2020, according to news reports, but it’s not yet profitable on a companywide basis.

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