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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 448
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Lenders must address repurchase risk before they go bust

Housing Wire

In this environment, strategies to mitigate repurchase risk through technology , precise quality control, and strong collaboration are essential to avoid serious financial and reputational fallout. When lenders or their technology providers fail to maintain a high standard of data accuracy, loan buybacks increase.

Investors 370
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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 416
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Redfin accused of patent infringement in new lawsuit

Housing Wire

In the suit, VCA claims that Redfin is using technology that infringes on two of the companys patents (No. VCA is demanding a jury trial and asking the court for a declaration that Redfin has infringed on their patents, damages and payment of their legal fees. 9,501,480 and No. 9,477,665) without permission.

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An unwavering commitment to protecting Americans’ property rights

Housing Wire

If a tax lien, or other claim against their property emerges, the policy covers any legal fees incurred defending against that claim. Title companies have also embraced technology tools to better communicate with consumers and operate more efficiently.

Insurance 448
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Commercial Real Estate Investing: A Comprehensive Guide

Property Metrics

Technological Change Technological shifts such as e-commerce growth, automation, and remote work patterns are redefining commercial real estate needs. Closing Costs : Appraisal, legal fees, and possible prepayment penalties on your existing loan can erode some benefits.