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Zestimate lawsuit says they are practicing appraisals do you agree?

By
Managing Real Estate Broker with ERA American Real Estate

I wrote previously http://activerain.com/blogsview/5086203/zillow-getting-sued-for-its-zestimate-by-a-sellers-in-class-action

 

About the seller filing a lawsuit against Zillow it seems more have joined the case and its a class action suit. The part that I foudn interesting was they threw out an interesting twist that Z is practicing appraisals without being licensed.

 

In the link above with my last post I point out in the NBC video that Zillow spokesman state listing agents and buyer agents give value, while thats true we are licensed and dont say they are apprisals or that we are appraisers. The thing that will be interesting is to see if that interview is used against them in court, since they compare themselves with those that are licensed.

 

 

Posted by

Brandon Jordan, Realtor,E-PRO,ERA American Real Estate
 

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Comments(6)

Mel Ahrens, MBA, Kelly Right Real Estate
Kelly Right Real Estate - Hood River, OR
Customized Choices for your Real Estate Needs

It is an interesting case; attorneys have to love this as it looks like it will drag out for a long time.

Jul 16, 2017 06:51 PM
Brandon Jordan
ERA American Real Estate - Crestview, FL

Mel Ahrens, MBA, Kelly Right Real Estate thanks for checkign out the post and comment, I think a ton of people are watching it.

Jul 16, 2017 07:13 PM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

They have mislead people for many years now and it is time for it to catch uop to them

Jul 16, 2017 07:22 PM
Brandon Jordan
ERA American Real Estate - Crestview, FL

William Feela Agreed

Jul 16, 2017 07:27 PM