Patent trolls could cost Realtors® a lot of money and a lot of time. NAR is working hard to educate its more than 1 million members about the scourge of patent trolls who threaten unsuspecting Realtors®, and other business owners, with patent infringement lawsuits unless they agree to pay a licensing fee for using everyday business products like a scanner copier.
This video includes an interview with Realtor® J.B. Goodwin who was sued for infringing a patent by using a certain property search function on his website. While most business owners settle out of court, Goodwin committed to fighting the lawsuit until the patent trolls decided to drop the case against him.
The video also links viewers to more resources and information about NAR’s work on Capitol Hill to fight for comprehensive patent litigation reform.