The amended complaint reiterates the allegation that Move “incurred costs exceeding $5,000 as a result of Mr. Kaminsky’s unauthorized access to Move’s protected computer systems” and adds details regarding those damages. Continue reading
Move’s overall revenue dipped 1 percent between July and September, while revenue from its real estate business — including Realtor.com — dropped 4 percent, according to Q3 earnings data released Thursday. Continue reading
Some real estate leaders say the focus on Clear Cooperation stems from the recent commission lawsuits. But other see a deeper question about brokerage profits at the heart of the issue. Continue reading
CoStar filed a motion on Wednesday asking the court to deny Move’s amended preliminary injunction due to forensic data that allegedly proves a former Realtor.com editor never shared Move-owned files with the company. Continue reading
James Kaminsky, a former Realtor.com editor accused of taking trade secrets with him to CoStar, transferred access to at least 40 documents two days before he left the job, according to legal filings. Continue reading
Eight Realtors are seeking class action status in their lawsuit against Realtor.com for allegedly selling unvetted and fraudulent buyer and seller leads. This is the third lawsuit against Realtor.com and parent company Move over its lead gen business. Continue reading
The bombshell verdict of Sitzer | Burnett rocked the real estate industry, but recent earnings reports suggest many of its most recognizable CEOs don’t anticipate major disruptions. Continue reading
Doctorow oversaw the company as its revenues and site traffic rose to record highs, the company said. But as with the rest of the industry, Move has shown signs of a slowdown. Continue reading
Zillow has the most traffic, according to an analysis by Intel, but at least one rival is growing rapidly in what one observer compared to a Game of Thrones-style gauntlet run. Continue reading
Most publicly traded real estate companies continued to bleed money in the first chunk of 2023. These metrics help explain why investors aren’t panicking. Continue reading