By now, I’m sure any reader of mine knows that we have seen the second major blockbuster deal in the digital real estate space, with Rupert Murdoch’s News Corp agreeing to buy Move, Inc., the operator of Realtor.com, Top Producer, Tiger Leads, ListHub, and other brands. It’s an all-cash offer of $21 per share, which … Read more
I got a heads-up from a source, which then led me to investigate further, and… unless there’s something I am missing, the NAR Code of Ethics is (probably, in all likelihood) illegal as it stands today. It will need to be rewritten. News from federal regulators rarely make the front page. In fact, they rarely … Read more
By now, every reader of this blog knows that one of the biggest deals in recent memory (if not ever) just went down this morning: Zillow, Inc. (NASDAQ: Z) today announced that it has entered into a definitive agreement to acquire Trulia, Inc. (NYSE: TRLA) for $3.5 billion in a stock-for-stock transaction. The Boards of Directors of … Read more
By now, every reader of this blog knows that one of the biggest deals in recent memory (if not ever) just went down this morning: Zillow, Inc. (NASDAQ: Z) today announced that it has entered into a definitive agreement to acquire Trulia, Inc. (NYSE: TRLA) for $3.5 billion in a stock-for-stock transaction. The Boards of Directors of … Read more
By now, every reader of this blog knows that one of the biggest deals in recent memory (if not ever) just went down this morning: Zillow, Inc. (NASDAQ: Z) today announced that it has entered into a definitive agreement to acquire Trulia, Inc. (NYSE: TRLA) for $3.5 billion in a stock-for-stock transaction. The Boards of Directors of … Read more
Hi intrepid readers. Notorious Junior here to do a follow-up report to Notorious Senior’s parsing of the NAR Organizational Realignment and Core Standards project, Part 1. So why isn’t Rob handling his own follow-up promises? Well, he’s been kind of busy lately, being chased around by the Audubon Society for talking smack about Black Swans and … Read more
The judge in the non-compete-disguised-as-a-trade-secrets case between Move & NAR v. Zillow & Errol Samuelson has issued a preliminary injunction that looks like a big win for REALTORS and REALTOR-lookalikes. Inman News has the story, and the actual order itself (PDF). As a an interested bystander, the whole thing is sort of sad. Wish my friends would … Read more
The judge in the non-compete-disguised-as-a-trade-secrets case between Move & NAR v. Zillow & Errol Samuelson has issued a preliminary injunction that looks like a big win for REALTORS and REALTOR-lookalikes. Inman News has the story, and the actual order itself (PDF). As a an interested bystander, the whole thing is sort of sad. Wish my friends would … Read more
In case you haven’t seen this yet, Katie Johnson, the General Counsel of NAR, has written an article that comes as close to a formal legal opinion on dangers of failing to syndicate listings. Well, actually, she warns about the practice of pre-marketing, also known as “Coming Soon” but the logic that she uses applies with full … Read more