HousingWire Daily
Brooklee Han on Move, CoStar and lawsuit settlements
Jul 24, 2024
Reporter Brooklee Han discusses Move suing CoStar for data theft, settlement between CoStar and Moovers, Zillow's strategies, and potential housing policy changes post-election.
26:22
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Quick takeaways
- Move Inc. vs. CoStar lawsuit involves alleged data theft, while brokerages settle commission disputes.
- Potential impact of presidential administration changes on real estate regulations and DOJ involvement in settlements.
Deep dives
Move vs. CoStar Lawsuit
Move Inc. has sued CoStar Group over alleged theft of data and documents. The lawsuit alleges that a former Realtor.com employee, James Kaminsky, who now works for CoStar, stole trade secrets that aided CoStar's growth. Both companies differ in claims over website traffic data and analytic sources, leading to legal contention.
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