Some scams are obvious, such as emails offering large sums of money to help transfer funds out of Nigeria, but more deceptive “patent trolls” have successfully preyed on the real estate industry for years.

REALTORS®, Brokers and Multiple Listing Services have paid MILLIONS OF DOLLARS in settlements and legal fees for alleged patent infringements on commonly used technologies like website tools and office scanners.

Last Week Tonight with John Oliver: Patents (HBO)

“Most of these (patent trolls) don’t produce anything,” said the host of HBO’s Last Week Tonight with
John Oliver.
“Patent trolls just threaten to sue,” Oliver continued, “and believe me, those lawsuits add up.”

Right now, The National Association of REALTORS® is lobbying for Patent Reform Legislation.

In less than a minute, you can click this link and send a message asking your U.S. Representative to support the Innovation Act and stop patent trolls.

In order to be heard in Washington, we need 15% of Arizona REALTORS® to TAKE ACTION NOW. Let’s do this!

Arizona Association of REALTORS® President Jim Sexton explains how patent trolls threaten you in this video.

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