SERVICES AGREEMENT


        SERVICES AGREEMENT dated as of October 14, 1999 between
 HomeServices.Com Inc. (the "Company") and MidAmerican Energy Holdings
 Company (the "MidAmerican Holdings").

        WHEREAS,  the Company and MidAmerican  Holdings desire that  MidAmerican
 Holdings assume and perform the Services (as defined below).

        NOW  THEREFORE,  MidAmerican  Holdings  and the Company  hereby agree as
 follows:

        1.   Defined Terms.

             "Commencement   Date"   shall   mean  the  first   date  after  the
 consummation of the Initial Public Offering.

             "Losses" shall have the meaning given to it in Section 5 of
 this Agreement.

             "Material  Adverse  Effect" shall mean, with respect to any person,
 any loss or interference that could,  individually or in the aggregate,  have a
 material  adverse  effect on the  condition  (financial  or  other),  business,
 properties,  prospects  or  results  of  operations  of  such  person  and  its
 subsidiaries, taken as a whole.

             "person"  shall  mean  an  individual,  partnership,   corporation,
 business trust, joint stock company, trust, unincorporated  association,  joint
 venture, governmental authority or other entity of whatever nature.

             "Services" shall have the meaning given to it in Section 3 of
 this Agreement.

             "Termination  Date"  shall  mean the  earlier  of (a) the 180th day
 following  notice  provided  to  the  Company  by  MidAmerican   Holdings  that
 MidAmerican  Holdings is no longer a holder of at least 5% of the Common  Stock
 of the Company and (b) the date both parties mutually agree that this Agreement
 is terminated.
<PAGE>

        2.   Retention.

             (a) The  Company  hereby  retains  MidAmerican  Holdings to provide
 Services to the Company beginning on the Commencement Date.

             (b)  MidAmerican  Holdings  hereby  agrees  that it  shall  provide
 Services to the Company until the Termination Date.

        3. Duties and Rights of MidAmerican Holdings.

             (a) Beginning on the  Commencement  Date and until the  Termination
 Date,  MidAmerican  Holdings  shall provide  management,  advisory,  financial,
 accounting, legal, employee benefit plan and insurance administration and other
 services  (the  "Services"),  as mutually  agreed upon  between the Company and
 MidAmerican Holdings, for the benefit of the Company.

             (b) To the extent  necessary or  appropriate  to perform any of the
 Services,  MidAmerican Holdings shall have the power to execute and deliver all
 necessary and  appropriate  documents and  instruments on behalf of the Company
 with respect to Services.

             (c)   Notwithstanding   any  other  provision  of  this  Agreement,
 MidAmerican  Holdings need not make available any service agreed to be provided
 herein to the extent doing so would unreasonably and materially  interfere with
 the use of or access to any personnel,  equipment,  office space or facility by
 MidAmerican  Holdings or otherwise cause an unreasonable  burden to MidAmerican
 Holdings.

        4.   Compensation and Reimbursement.

             (a) Beginning on the  Commencement  Date and until the  Termination
 Date, the Company shall pay to MidAmerican Holdings monthly, ten days following
 the end of each month, a fee in an amount equal to $50,000.

             (b) In addition,  the Company shall reimburse  MidAmerican Holdings
 for all reasonable  employee and out-of-pocket  costs and expenses  (including,
 without  limitation,  payments made to third  parties)  incurred by MidAmerican
 Holdings in connection with providing the Services to the Company.  MidAmerican
 Holdings  shall provide the Company with a detailed  invoice which invoice or a
 schedule  thereto  sets forth in  reasonable  detail on an  itemized  basis the
 out-of-pocket  costs and expenses to be reimbursed  by the Company  pursuant to
 this Section 4(b). Payment shall be due within 30 days following the receipt of
 each such invoice. Invoices may be provided on a monthly or quarterly basis.
<PAGE>

             (c)  It is  expressly  agreed  that  the  out-of-pocket  costs  and
 expenses  that are to be  reimbursed  by the Company  pursuant to Section  4(b)
 shall not include any mark-up or profit  factor for  MidAmerican  Holdings  but
 shall include all indirect  costs and an  appropriate  allocation  for overhead
 costs associated with performing the Services.

        5. Nonliability of Advisor. MidAmerican Holdings shall perform on behalf
 of the  Company  only the  duties  that have  been  specifically  delegated  to
 MidAmerican  Holdings in this Agreement and MidAmerican  Holdings shall have no
 implied  covenants  or  obligations  to  perform  any other  duties  under this
 Agreement.  MidAmerican  Holdings  shall  not be  responsible  for any  losses,
 liabilities,  damages, claims or expenses (collectively, the "Losses") incurred
 by the Company  arising from any acts or omissions by  MidAmerican  Holdings in
 connection  with the  performance of its duties under this Agreement other than
 Losses resulting solely from its gross negligence or willful misconduct.

        6. Notice. Any notice or other communication required or permitted to be
 given  hereunder  shall be in  writing  and  shall be  effective  (a) upon hand
 delivery or delivery by telex (with correct answerback  received),  telecopy or
 facsimile at the address or number designated below (if delivered on a business
 day during normal  business hours where such notice is to be received),  or the
 first  business  day  following  such  delivery (if  delivered  other than on a
 business day during normal  business hours where such notice is to be received)
 or (b) on the third  business  day  following  the date of  mailing  by express
 courier  service,  fully  prepaid,  addressed to such  address,  or upon actual
 service,  fully prepaid,  addressed to such address,  or upon actual receipt of
 such   mailing,   whichever   shall  first  occur.   The   addresses  for  such
 communications shall be:

        If to the Company, to:

        HomeServices.Com Inc.
        6800 France Avenue South, Suite 600
        Edina, Minnesota 55435
        Attn: Ronald Peltier
        Telecopy: (612) 928-5900


        If to MidAmerican Holdings, to:

        MidAmerican Energy Holdings Company
        306 South 36th Street, Suite 400
        Omaha, Nebraska  68131
        Attn:  Senior Vice President, Mergers and Acquisitions
        Telecopy: (402) 341-4500
<PAGE>

 Either party hereto may from time to time change its address for notices  under
 this  Section 6 by giving at least 10 days' notice of such changes to the other
 party hereto.

        7. Section  Headings.  The section  headings used in this  Agreement are
 inserted for convenience of reference only and are not intended to be a part of
 or to affect the meaning or interpretation of this Agreement.

        8. Multiple Counterparts.  This Agreement may be executed in one or more
 counterparts,  each of which  shall be  deemed  an  original,  but all of which
 together shall constitute one and the same instrument.

        9.  Invalidity.  In the  event  that  any one or more of the  provisions
 contained  in this  Agreement  or in any other  instrument  referred to herein,
 shall, for any reason,  be held to be invalid,  illegal or unenforceable in any
 respect,  then  to the  maximum  extent  permitted  by  law,  such  invalidity,
 illegality  or  unenforceability  shall not affect any other  provision of this
 Agreement or any other such instrument.

        10.  Successors and Assigns.  This  Agreement  shall be binding upon and
 inure  solely  to the  benefit  of the  parties  hereto  and  their  respective
 successors,  endorsees, transferees and assigns, and nothing in this Agreement,
 express or implied,  is intended  to or shall  confer upon any other  person or
 persons any rights,  benefits or remedies of any nature  whatsoever under or by
 reason of this  Agreement.  Further,  it is  expressly  agreed  that any of the
 Services to be provided by MidAmerican  Holdings may be provided to the Company
 by any  subsidiary  of  MidAmerican  Holdings  (other  than the  Company or its
 subsidiaries)  and in such case, such subsidiary of MidAmerican  Holdings shall
 be entitled to the same rights,  benefits and remedies hereunder as MidAmerican
 Holdings.

        11. Entire Agreement;  Amendment and Waiver. This Agreement  constitutes
 the entire agreement among the parties  pertaining to the subject matter hereof
 and  supersedes  all  prior   agreements,   understandings,   negotiations  and
 discussions, whether oral or written, of the parties. No amendment, supplement,
 modification  or waiver of this Agreement  shall be binding unless  executed in
 writing by the party to be bound thereby. No waiver of any of the provisions of
 this  Agreement  shall be  deemed  or shall  constitute  a waiver  of any other
 provision hereof (whether or not similar),  nor shall such waiver  constitute a
 continuing waiver unless otherwise expressly provided.

        12.  Governing Law. This Agreement  shall be construed,  interpreted and
 the rights of the parties  determined in accordance  with the laws of the State
 of  Delaware,  regardless  of  the  laws  that  might  otherwise  govern  under
 applicable principles of conflicts of laws thereof.
<PAGE>

        IN WITNESS  WHEREOF,  the  undersigned  have caused this Agreement to be
 duly executed and delivered as of the date first above written.


                       HomeServices.Com Inc.



                       By:  /s/ Steven A. McArthur
                            -----------------------------
                            Name: Steven A. McArthur
                          Title: Senior Vice President


                       MidAmerican Energy Holdings Company



                       By:  /s/ Steven A. McArthur
                            -------------------------------
                            Name: Steven A. McArthur
                          Title: Senior Vice President