In story today at Inman News, Glenn Roberts writes about ActiveRain filing a lawsuit against Move, Inc. because Move did not purchase or invest in the platform.
Move operates the mighty Realtor.com and may have been looking at Active Rain as the forum for its recently launched free blogs for REALTORs. ActiveRain is seeking $33 million in damages.
It makes me wonder what would have happened if AR was sold to Move? Would it have been only open to REALTORS? Would all Active Rain have to abide by some rigid new rules?
Since this sale didn’t go through, I’m sure they’re back to shopping it. I hope they make their money, but also consider their members.
Another great online real estate group is WannaNetwork.com which will be unveiling their new platform at the NAR convention in Las Vegas this November. What I like about WannaNetwork is that they have forums where real estate professionals can actually exchange referrals. Check it out!
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