Realtor.com Parent Files Suit Against CoStar, Claiming Theft of Proprietary Information

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“This is a PR stunt that is already backfiring. Realtor.com is losing the battle with Homes.com, and its attempt to change the story doesn't change that reality. We look forward to prevailing in court,” a CoStar spokesperson told RISMedia.

Home Agents

By Michael Catarevas

July 4, 2024

Reading Time: 4 mins read

NAR Objects to DOJ Filing, Claiming It Will ‘Harm Consumers and Reduce Access to Fair Housing’

Symbolic miniature wooden house and judge's gavel on a natural background

Mere weeks after the Realtor.com and Homes.com CEOs hurled hurled insults and accusations at each other as the residential real estate portal giants fight for second place behind Zillow, the battle was ratcheted up further on July 2 when Realtor.com parent Move, Inc. filed a lawsuit in the U.S. District Court in California, claiming that a former Move employee now working for Homes.com parent CoStar Group stole proprietary information helping Homes.com expand its burgeoning business.