According to Local 2 News here in Houston a local Realtor has been ordered by a judge to pay more than $630,000 to Co Star Realty Information.

The Realtor involved in the lawsuit allegedly violated intellectual property and Copyright right laws. On TV they said he "shared his password" and violated terms of use.

The commercial Broker did not comment on TV and wasn't interviewed. He's been licensed since 1987 and still has an Active Brokers License.

Two things should be remembered:

1. Don't share your user name and password to any real estate MLS to anyone for any reason.

2. Do not violate your terms of use with any real estate association.

 

 

 

 

 

 

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Posted by Greg Nino Houston Texas on 12/24/2010 12:47 PM   Comments (21)   Copyright Laws in the ActiveRain Channel   realtor orderd to pay 630k houston, realtor copyright violations houston, costar realty  
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This post has been included in Texas Real Estate News Harris County, TX Real Estate News
Post is included in group: Almost Anything Goes
Post is included in group: 'JACKED!!!!!
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Post is included in group: What NOT to do in REAL ESTATE - BAD BUSINESS
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21 Comments on Houston Realtor Ordered To Pay Over 630k For Sharing His Password..............

20 Most Recent Comments Displayed Show All

DEC
24
2010
303,802 Points 9 Featured Posts Outside Blog Called Shot Master

I agree it's inappropriate to share an MLS password or violate terms of service.  However I smell a filing with the Texas Court of Appeals on this one..
1:00pm • #2
627,608 Points 16 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Hmmm....the stupid things that people do, Greg. I wouldn't share my passwords to any of my confidential business information (or any other confidential information, for that matter) if my life depended on it.
1:06pm • #3
187,447 Points

630K for sharing his password? Is that all the poor guy can afford? The MLS must need some cash pretty badly!
1:08pm • #4
813,626 Points 243 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Giving out your password is serious business. Few people realize that. 
1:37pm • #5
629,905 Points 18 Featured Posts Localism Sponsor Outside Blog Called Shot Master

I am glad to see that the penalty was large enough to discourage others from doing the same thing.  Things are truly big in Texas!!
1:49pm • #6
133,339 Points 7 Featured Posts

I recently refused to give my passwords to my son. Fortunately being a lawyer he was able to understand the legal issues involved.
1:59pm • #7
982,677 Points 114 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Where they'd come up with this amount is what I want to know!  I don't give out the password, OR loan the lock box key!

Merry Christmas, to the Nino Family!!
2:26pm • #8
1,055,327 Points 287 Featured Posts Outside Blog Called Shot Master

Greg, It's going to take a LOT of closings to break even on that one!

Merry Christmas to you and your family!
3:45pm • #9
287,700 Points 26 Featured Posts Localism Sponsor Hit Router Called Shot Master

That's a pretty harsh penalty, but then again, there may be more to the story that we don't know. In any event, I doubt they'll ever collect it. Happy Holidays.  
4:02pm • #10
183,328 Points Called Shot Master

Greg - From my calculations, he only has to sell $21,000,000 worth of real estate (at 3%) to get it paid off.
5:11pm • #11
702,682 Points 39 Featured Posts Outside Blog Called Shot Master

Seriously steep don't you think? Who decided on the figure?
8:26pm • #12
DEC
25
2010
4 Featured Posts Hit Router Attended Rain Camp

That seems excessive but passwords should be secret!
2:06am • #13
871,484 Points 201 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

This wasn't a fine assessed by any association, but an order by a court. I'm guessing the Brokers behaivor cost someone a ton of money. This would explain the large judgement. Who knows!
5:28am • #14
Outside Blog Hit Router Attended Rain Camp Called Shot Master

WOW! This is shocking! But I don't share password information either. I pay for the privilege of accessing our MLS so I think everyone should.
8:55am • #15
512,629 Points 1 Featured Post Outside Blog Called Shot Master

Hi Greg, I have had a client ask me to share my MLS login info.  Of course, I didn't do it.  I can't imagine anyone sharing it.
8:29pm • #16
468,135 Points 8 Featured Posts Outside Blog Called Shot Master

That is scary! Where in the heck is he going to get that kind of money to pay that off?
11:32pm • #17
DEC
26
2010

With all of the other things that are going on on the web nowadays, the secure information is open to anyone that has the knowledge to hack in and take your personal informaiton. To open the door by giving out pass words to the MLS info could have far reaching reprocusions if the those pas words got in the wroug hands. You can never tell who is watching to take advanctage of that like of info. I could have cost more that the fine!!!! 
Tom Kilker (TOM KILKER REALTY LLC AZ NM)
3:24pm • #18
714,200 Points 2 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Whoa! I haven't given my password or key out, but golly, that's a lot of money!
5:16pm • #19
DEC
27
2010
532,155 Points 45 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

I have never and never will share my password or lend my card (we use cards here instead of keys), and now I know why...ouch...
2:29pm • #20
356,537 Points 4 Featured Posts Attended Rain Camp

A 630K fine seems a bit excessive. Also, stupid since almost everything except the phone number of the seller is available online anyway.
9:14pm • #21

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Greg Nino Houston Texas

Houston, TX

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