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Former Homesnap employees stole trade secrets over online marketplace tech, CoStar alleges

Housing Wire

The technology at the center of CoStar’s offering is “CoStar Sync,” which “allows data from locally stored databases to be rapidly and efficiently accessed through CoStar’s multiple product platforms,” the complaint reads. CoStar also seeks monetary damages stemming from the costs and legal fees resulting from the suit.

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Side’s Hilary Saunders discusses the evolution of brokerage models

Housing Wire

“So, what the brokerages have done historically is they’ve made all their money from the 80% of agents who actually don’t transact more than two deals a year , because they pay desk fees, monthly fees, technology fees and legal fees.”

Brokerage 365
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Title insurers reckon with attorney opinion letters

Housing Wire

When they talk about reducing closing costs for underserved communities, these people need title insurance more than anybody else because while $10,000 in legal fees may be doable for someone who owns a $4 million house, it is a struggle for someone who owns a $140,000 house.”.

Insurance 291