National Association of REALTORS (NAR) Files Lawsuit Filed Against Zillow

I am not a big fan of Zillow at all.  This site misguides the public and their data if often fraught with glaring errors and discrepancies.  Rather than the public turning to a true licensed professional REALTOR (or a local Association or Board of Realtors) for advise and counsel on real property matters and local market conditions, and statistics; the reliance upon information contained in Zillow.com is a HUGE mistake for any consumer of real estate property related services.  



http://news.move.com/2014-03-17-Move-and-NAR-File-Suit-Against-Zillow-and-Samuelson

Move and NAR File Suit Against Zillow and Samuelson

Complaint details misappropriation of trade secrets and confidential information

Mar 17, 2014

SAN JOSE, Calif., March 17, 2014 /PRNewswire/ -- Move, Inc. (NASDAQ: MOVE), an online leader in real estate, today filed a lawsuit against Zillow, Inc. (NASDAQ:Z) and Errol Samuelson in the Superior Court of King County, Washington for breach of contract, breach of fiduciary duty, and misappropriation of trade secrets among others actions. The National Association of REALTORS and its subsidiary Realtors Information Network, Inc. joined as plaintiffs in the suit.

"At Move, we take our trade secrets and intellectual property extremely seriously as a valuable asset in our competitive position in the marketplace," said Steve Berkowitz, CEO of Move.  "We take action in cases in which we believe our trade secrets have been compromised. We have raised this matter for the courts and believe that the matter will be resolved judiciously."    

About Move, Inc.

Move, Inc. (NASDAQ:MOVE), a leader in online real estate, operates:  realtor.com®, the official website of the National Association of REALTORS®; Move.com, a leading destination for new homes and rental listings, moving, home and garden, and home finance; ListHub™, the leading syndicator of real estate listings; Moving.com™; SeniorHousingNet; SocialBios; Doorsteps®; TigerLead® Top Producer® Systems and FiveStreet.  Move is based in San Jose, California.