Monday, April 16, 2007

Another barbarian at the gate

Zillow, the real estate informational site, is facing some trouble in Arizona... Zillow has been growing since its onset, and they’ve recently added some social networking components to help users further understand the market from first hand accounts of other users. More gory details.

1 comment:

David Gibbons said...

Hi Fox, it's David from Zillow,

Here's an update on the AZ issue;
Zillow has received two letters from the AZ board of Appraisers and we disagree with their suggestion that Zillow.com is providing appraisals. That assertion is simply false; Zestimate values on Zillow are the output of our proprietary automated valuation models (AVM) and are not the result of an appraisal. We hope to clear up this confusion soon and are focused on productively resolving this matter with the AZ Attorney General’s office.