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Class Action For The Theft Of Appraisers’ Data

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Data being stolen?

upload_2018-10-22_8-9-32.png

As someone else noted, it is important to read what you sign. :)
 

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There is a difference in distributing the appraisal report and selling the data inside the report.

:clapping::clapping:

And there is a difference between
saying you're gonna use the data for one thing,
Then using it for another thing,
as anti-competition.

Latham Act.


.
 
There is a difference in distributing the appraisal report and selling the data inside the report.
Yup.

A distribution channel is the path through which products pass to get from the producer to the consumer. ... Distribution channels may be direct, from the producer directly to the consumer. They may also be indirect, in which goods travel from the producer, through an intermediary or intermediaries, to the consumer.

Data mining is the process of discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems.[1] Data mining is an interdisciplinary subfield of computer science with an overall goal to extract information (with intelligent methods) from a data set and transform the information into a comprehensible structure for further use.[1][2][3][4] Data mining is the analysis step of the "knowledge discovery in databases" process, or KDD.[5] Aside from the raw analysis step, it also involves database and data management aspects, data pre-processing, model and inference considerations, interestingness metrics, complexity considerations, post-processing of discovered structures, visualization, and online updating.[1]

The term "data mining" is in fact a misnomer, because the goal is the extraction of patterns and knowledge from large amounts of data, not the extraction (mining) of data itself.[6] It also is a buzzword[7] and is frequently applied to any form of large-scale data or information processing (collection, extraction, warehousing, analysis, and statistics) as well as any application of computer decision support system, including artificial intelligence (e.g., machine learning) and business intelligence. The book Data mining: Practical machine learning tools and techniques with Java[8] (which covers mostly machine learning material) was originally to be named just Practical machine learning, and the term data mining was only added for marketing reasons.[9] Often the more general terms (large scale) data analysis and analytics – or, when referring to actual methods, artificial intelligence and machine learning – are more appropriate.
 
There is a difference in distributing the appraisal report and selling the data inside the report.
How so? I see nothing in Cert 21 that would prohibit a fee for distribution of the report.

These threads about "theft" of data make me grin a little. I sure hope that no one who signs up as interested in such action is "sharing" MLS credentials :)
 
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