Arizona Doesn’t Like Zestimates
Arizona is trying to stop Zillow from providing “zestimates” — their algorithm-based home valuation estimates — on the grounds that Zillow isn’t a licensed appraiser in the state.
That’s just plain silly. Zillow is, so far at least, a benevolent information provider, not a company people need to be protected from. And its estimates are just that: estimates. They should be taken with a grain of salt, just like all other analysis that tries to predict market behavior.
My Own Pirate Radio » Arizona and Zillow Update: Sanity Prevails said,
April 25, 2007 @ 9:06 am
[…] A few days ago I mentioned Arizona trying to stop Zillow from providing zestimates within their state. […]