In a major victory for real estate, Data Distribution Technologies, LLC—a so-called patent troll that has been demanding patent licensing fees from real estate companies—has agreed to a settlement with the National Association of REALTORS® that will prevent it from suing, or threatening to sue, real estate practitioners, brokerages, MLSs and other companies in the real estate industry that offer email alerts to consumers about new or updated listings.
“The terms of the settlement agreement include a covenant not to sue . . . NAR members, local and state… Read More
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