NAR, realtor.com Score Industry Win Against Patent Troll
“The real estate industry achieved an important victory last Friday on a patent-infringement case — one that stretches back more than a decade — when U.S. District Judge George King in California ruled the patent invalid.
The patent involves the use of a computer to display a database of real estate listings on a map and to zoom in on listings. The so-called ‘989 patent was granted in 1991 and has since expired, but the patent holder, Real Estate Alliance Ltd. (REAL), claims it is owed millions in licensing fees from past use by real estate agents, brokers, MLSs, and MLS vendors.”
The entire industry owes a debt of gratitude for N.A.R and realtor.com for taking up this fight.
