Houston Realtor Ordered To Pay Over 630k For Sharing His Password..............

By
Real Estate Agent with RE/MAX Compass, formerly RE/MAX WHP
http://actvra.in/7h

According to Local 2 News here in Houston a local Realtor has been ordered by a judge to pay more than $630,000 to Co Star Realty Information.

The Realtor involved in the lawsuit allegedly violated intellectual property and Copyright right laws. On TV they said he "shared his password" and violated terms of use.

The commercial Broker did not comment on TV and wasn't interviewed. He's been licensed since 1987 and still has an Active Brokers License.

Two things should be remembered:

1. Don't share your user name and password to any real estate MLS to anyone for any reason.

2. Do not violate your terms of use with any real estate association.

 

Posted by

 

 
Greg Nino
, Houston area Realtor®.
Helping residential buyers, sellers and tenants 7 days a week.
Available @ 832-298-8555 

RE/MAX Compass (Formerly RE/MAX WHP)

www.GiveMeMyHomesValue.com

www.EverydayHoustonHomes.Com

 

 

The information contained in this blog is believed to be reliable and while every effort is made to assure that the information is as accurate as possible, the author of this blog, and its comments disclaim any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. All information is copywritten and the property of Greg Nino.  

 

 

 

 

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Topic:
ActiveRain Community
Location:
Texas Harris County
Groups:
Almost Anything Goes
'JACKED!!!!!
Lessons Learned
What NOT to do in REAL ESTATE - BAD BUSINESS
Club Chaos
Tags:
realtor orderd to pay 630k houston
realtor copyright violations houston
costar realty

Comments 21 New Comment

Show All Comments
Rainmaker
376,114
Eric Kodner
CRS, Madeline Island Realty, LaPointe, WI 54850 -
Madeline Island Realty

I agree it's inappropriate to share an MLS password or violate terms of service.  However I smell a filing with the Texas Court of Appeals on this one..

December 24, 2010 01:00 PM
Rainmaker
648,017
William James Walton Sr.
Greater Waterbury Real Estate
WEICHERT, REALTORS® - Briotti Group

Hmmm....the stupid things that people do, Greg. I wouldn't share my passwords to any of my confidential business information (or any other confidential information, for that matter) if my life depended on it.

December 24, 2010 01:06 PM
Rainer
189,196
Jon Budish
Resident Realty

630K for sharing his password? Is that all the poor guy can afford? The MLS must need some cash pretty badly!

December 24, 2010 01:08 PM
Rainmaker
818,747
J. Philip Faranda
Broker-Owner
J. Philip Faranda (J. Philip R.E. LLC) Westchester County NY

Giving out your password is serious business. Few people realize that. 

December 24, 2010 01:37 PM
Rainmaker
630,067
Don Rogers
Realtor, Broker, CDPE, GRI, OnullFallon MO & St Charles County MO homes
Keller Williams Realty Chesterfield

I am glad to see that the penalty was large enough to discourage others from doing the same thing.  Things are truly big in Texas!!

December 24, 2010 01:49 PM
Rainer
90,309
Maya Swamy
Ph.D. Long Beach, CA - fundsavailable.com
Funds Available

I recently refused to give my passwords to my son. Fortunately being a lawyer he was able to understand the legal issues involved.

December 24, 2010 01:59 PM
Rainmaker
1,249,479
Carla Muss-Jacobs, Principal Broker/Owner
Buyer Focused ~ Buyer Results
BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% of the Time

Where they'd come up with this amount is what I want to know!  I don't give out the password, OR loan the lock box key!

Merry Christmas, to the Nino Family!!

December 24, 2010 02:26 PM
Ambassador
1,440,086
Liz and Bill Spear
RE/MAX Elite Warren County OH (Cincinnati/Dayton)
RE/MAX Elite 513.265.3004 www.LizTour.com

Greg, It's going to take a LOT of closings to break even on that one!

Merry Christmas to you and your family!

December 24, 2010 03:45 PM
Rainmaker
296,332
Dan and Amy Schuman
Luxury Home Specialists
Howard Hanna Real Estate Services

That's a pretty harsh penalty, but then again, there may be more to the story that we don't know. In any event, I doubt they'll ever collect it. Happy Holidays.  

December 24, 2010 04:02 PM
Rainer
216,857
Bill Pohl
Tetra Homes, Inc.

Greg - From my calculations, he only has to sell $21,000,000 worth of real estate (at 3%) to get it paid off.

December 24, 2010 05:11 PM
Rainmaker
808,064
Lyn Sims
Schaumburg Homes
RE/MAX Suburban - Schaumburg IL Real Estate - Northwest Suburbs of Chicago

Seriously steep don't you think? Who decided on the figure?

December 24, 2010 08:26 PM
Rainmaker
91,045
Bob McCranie
Your best advocate when buying or selling your hom
Broker/Owner - Texas Pride Realty

That seems excessive but passwords should be secret!

December 25, 2010 02:06 AM
Rainmaker
949,545
Greg Nino
Houston, Texas
RE/MAX Compass, formerly RE/MAX WHP

This wasn't a fine assessed by any association, but an order by a court. I'm guessing the Brokers behaivor cost someone a ton of money. This would explain the large judgement. Who knows!

December 25, 2010 05:28 AM
Rainmaker
94,823
Pam Sitterly
CRS Magnolia-Tomball Texas
RE/MAX VINTAGE

WOW! This is shocking! But I don't share password information either. I pay for the privilege of accessing our MLS so I think everyone should.

December 25, 2010 08:55 AM
Rainmaker
525,709
Shirley Parks
Broker, 210-414-0966, San Antonio TX Homes
Sands Realty 210-414-0966

Hi Greg, I have had a client ask me to share my MLS login info.  Of course, I didn't do it.  I can't imagine anyone sharing it.

December 25, 2010 08:29 PM
Rainmaker
605,147
Sussie Sutton
UTR TEXAS Realtors - Rep for buyers and sellers.
UTR Texas Realtors

That is scary! Where in the heck is he going to get that kind of money to pay that off?

December 25, 2010 11:32 PM
Anonymous #18
Anonymous
Tom Kilker (TOM KILKER REALTY LLC AZ NM)

With all of the other things that are going on on the web nowadays, the secure information is open to anyone that has the knowledge to hack in and take your personal informaiton. To open the door by giving out pass words to the MLS info could have far reaching reprocusions if the those pas words got in the wroug hands. You can never tell who is watching to take advanctage of that like of info. I could have cost more that the fine!!!! 

December 26, 2010 03:24 PM
Rainmaker
1,092,462
Evelyn Johnston
Super Agent, Probably the Best Agent in the Galaxy
Elkhart County Subdivisions, LLC

Whoa! I haven't given my password or key out, but golly, that's a lot of money!

December 26, 2010 05:16 PM
Ambassador
536,756
Gerry Michaels
GettysburgGerry Social Meida
Glasswork Media Arts

I have never and never will share my password or lend my card (we use cards here instead of keys), and now I know why...ouch...

December 27, 2010 02:29 PM
Rainmaker
426,296
Marcy Moyer
CDPE
Keller Williams Realty Palo Alto Probate & Trust Specialist

A 630K fine seems a bit excessive. Also, stupid since almost everything except the phone number of the seller is available online anyway.

December 27, 2010 09:14 PM
Show All Comments
Rainmaker
949,545

Greg Nino

Houston, Texas
Providing Real Estate Advice 7 days a week!
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