The Opportunity Report calls for NAR to regain the trust of its members by making political advocacy its central mission, sunsetting the three-way agreement and reforming its governance.
Two weeks after California District Judge George H. Wu denied its preliminary injunction request against CoStar, Move has filed a new motion claiming former Realtor.com News & Insights editor James Kaminsky violated the 1986 Computer Fraud and Abuse Act when he accessed Move-owned documents roughly 40 times after being laid off in January.
News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3 billion was rejected by the UK portal's board of directors.
California District Judge George H. Wu declined Move's preliminary injunction request against CoStar on Monday, stating the portal failed to prove the risk of "imminent, irreparable harm."
Disconnected phones, undeliverable emails and presumed scams have all become more common, customers of Move's network of companies told Inman in the wake of the Aug. 23 class-action suit.
Christine Jacobson has joined Realtor.com as senior vice president of B2B marketing. In her new role, Jacobson will expand the portal's B2B offerings in a bid to help agents grow their business.
UK portal Rightmove's board of directors has unanimously rejected News Corp subsidiary REA Group's $7.32 billion acquisition bid, saying it "fundamentally undervalues" the company's current and future prospects.
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.
Judge Andrea Wood, who oversaw the cases for years, said she discovered a relative's spouse was a partner at a law firm in a case known as Moehrl. She recused herself in a surprise filing on Wednesday.
Murdoch's Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK's largest real estate portal.
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.
Realtor.com parent company Move Inc. saw its fiscal Q4 revenue decrease 2 percent yearly to $143 million as traffic to the site stalls at 74 million average monthly unique visitors.