Regarding Today's Inman News Article

By
Education & Training with ActiveRain

Members of the ActiveRain Real Estate Community,

Recently Inman News reported on a lawsuit brought by ActiveRain against Move, Inc. Of course reports of this nature raise a lot of questions, and it has always been a part of our culture to openly discuss things with our community. We would like to be able to discuss these issues more with you. However, since this is a matter of pending litigation, our counsel advises us not to comment.

Should you be interested in the positions of ActiveRain and Move, Inc. in this lawsuit, attached are ActiveRain's Complaint and Move, Inc.'s Answer filed with the Court in this proceeding.

We thank you for your continued support and understanding.  

ActiveRain Complaint

Move Response 

Update: We've been informed the links to the two documents are currently not working.  We deployed code updates to the site early this morning, and it appears to have overwrote the documents, will be fixed shortly.  Fixed now...

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Rainer
21,432
Christopher Smith
EquityScout.com
$33 million for fifty thousand users?  I'll eat my hat if AR wins this suit. 
October 02, 2007 02:40 PM
Anonymous
Anonymous

Another reason to not like the big R dot com.  Boy, what I wouldn't do to be on this jury!  One thing I dont' understand, is why not have hard money down, non refundable, before handing over any confidential information?  Just the way I look at it, anyway.

Something else I learned that I never took the time to know -- Top Producer Systems is also owned by Move dot com.  No wonder I hate my Top Producer!  Maybe it's really time for me to find something else and to stop handing over my hard earned money to them.

October 02, 2007 03:15 PM
Rainer
58,997
Eileen Scates
CDPE, Broker
Scates Realty & Investment Properties

As a new member I just viewed and searched, not really willing to join, post or blog, but this site made it so easy and comfortable to see and feel others joy & pains, and willingness to ask and give advice without been demeaning or making someone feel dumb for making mistakes or even asking for help.

Good Luck ... I like AR and hope to see it grow and prosper and continue to be the best!

October 03, 2007 07:46 AM
Anonymous
Anonymous
I support this community..... fill me in on up coming events in reference to this....
October 08, 2007 06:00 PM
Rainmaker
65,115
Christopher Ohlsen
Plattsburgh Mortgage Company
Hiw will this affect the ongoing and progressive nature of  activerain.com?
October 17, 2007 10:15 PM
Rainmaker
138,418
Paul Silver
Rhode Island full service real estate firm
Focus Professionals, Inc. Rhode Island Real Estate

Having practiced M&A law for many years at a high powered NYC law firm, I would ahve argued against agreeing to certain terms of this discussion with Move. I assume you guys had adequate and experienced legal advice at the time. That said, increasing the marketability of the firm would increase the cost of purchasing it from you... disclosing Confidential Information without a cash assurance from Move was a mistake, assuming that happened. You might even have wanted to demand a cash payment for these things alone, to protect yourself. 

In any event, I wish you luck, as this community is a fine one, and I greatly enjoy participating. 

October 19, 2007 05:35 PM
Rainer
3,893
Chad Sullivan
Brio Realty
I read both complaint and response and fully support AR. It seems obvious that Move intentionally planned to steal the trade secrets of ActiveRain, and build or upgrade their own blogging component. When, exactly they made that decision will be hard to prove, but I think the courts will agree that Move owes AR restitution of some kind.
October 19, 2007 06:18 PM
Rainmaker
175,160
Gregory "NNN" Garver
(323) 696 1031, Net Lease Broker
NNN Brokers USA Commercial Real Estate
Rainmaker
250,094
Tina Maraj
Fullerton, California Real Estate 714-403-7901
RE/MAX North Orange County
Thanks for sharing the information. I had heard about it and did not know what was really going on.
November 04, 2007 11:08 AM
Rainer
65,816
dotjenna Social Media Sales Coach for Real Estate
The Marketing Shop.com

Did they try to buy you out?


Jenna Ryan
The Marketing Shop.com

November 21, 2007 09:23 PM
Rainmaker
55,243
Gerhard Ade
Real Estate with Confidence
RSVP Real Estate

Sorry to be so late to this party. But perhaps I was early in seeing this or something similar coming. 

I wrote a blog in April 2007:

What kind of business model is this?

I was discussing in a veiled manner Active Rain's future plans. I concluded: "When you have enough critical mass and national acclaim you make your boldest move yet... But for now you keep everybody guessing."

I received 5 comments, one was just "????" , another said: "Gerhard, What on earth have you been smokin', Man?"  Do you GET it, now?

 

January 14, 2008 04:26 PM
Rainmaker
57,567
ERA Emerald Coast Realty
Realtors
ERA Emerald Coast Realty

On 9/27/07 it was reported that a lawsuit was brought by ActiveRain against Move, Inc.

Does anyone know the disposition of this case?

February 06, 2008 09:02 PM
Rainmaker
18,234
Sharon Yeary
Sharcom Realty
This response is a bit late but not sure what to do.  My bank account is due at Realtor.com and I don't want to pay it.  When are they going to have reasonable fees?  The are so out of line in their fees?  I feel like I have to pay them because this is where the public goes but I think they are nothing more than "used car salesmen" or the greedy oil companies.  If enough Realtors didn't renew would they lower their costs? HELP!
February 28, 2008 09:14 PM
Rainmaker
240,126
Palm Coast Homes
Palm Coast/Flagler County Real Estate, The Ross/Co
Prudential East Coast Real Estate
Very intersting information.  Does anyone have an update on this issue?
April 20, 2008 08:42 AM
Rainmaker
28,432
Susan Zanzonico
Sellers/Buyers Agent, Morristown NJ Real Estate
Weichert Realtors

This is interesting and I am wondering where this issue stands at this point in time as well.  Sharon, realtor.com in my area is searched by 50%+ buyers.  Yes, their fees are high, but I'm not sure there is much we can do.

May 24, 2008 04:59 PM
Rainer
164,544
Gary McAdams
GMAC Schwartz Property Sales

I stopped using realtor.com's featured home ads due to all their mistakes and excuses.

June 27, 2008 06:16 AM
Rainmaker
27,968
San Diego Short Sales
San Diego Homes

Did this case get dismissed or was there a settlement of any kind?

September 01, 2008 12:47 AM
Rainer
4,985
Joseph Skinner
Myrtle Beach Real Estate
Skinner & Associates Realty

What is the current status of the case?

Jay

September 06, 2008 02:34 PM
Anonymous
Reader

What's the current status. That AR will make more money off the lawsuit than if they had sold your information. But in the mean time they gave your information away already and Realtor.com is a callin' apparently.

September 25, 2008 04:24 AM
Rainmaker
69,050
Mobile Austin Notary
www.mobileaustinnotary.com
Apostille/Authentication/Embassy Legalization, Notary Public, Loan Signing Agent & Process Server Services

Interesting. Smily

December 02, 2008 01:42 AM
Anonymous
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Staff
203,948

ActiveRain Real Estate Network

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