Court rejects suit agains Zillow's Zestimate

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Education & Training with Realty Group Referrals 16766

Court rejects suit agains Zillow's Zestimate

 

A federal district court has dismissed a class action lawsuit that accused Zillow of deceptive business practices designed to mislead consumers with their Zestimate home valuation tool.

Click on the link below to read an article by Kenneth R. Harney, The Nation's Housing, in The Washington Post.

 

Judge dismisses class-action suit against Zillow’s Zestimate

 

 

Orchids, Longwood Gardens, Kennett Square, PA USA IMG 2611

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Photograph by Roy Kelley

Roy and Dolores Kelley Photographs

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Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

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Rainmaker
260,038
Matthew Klinowski, PA
Downing-Frye - Naples, FL
Golf Community Real Estate Expert

Roy, thank you for the update.  It's always a challenge to explain to buyers why Zillow isn't always accurate.

May 19, 2018 09:46 AM #1
Rainmaker
2,551,321
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Figure that the court would do that even those it is not right.  A computer pulls the figures with out seeing the updats or the condition of the house.

 

May 19, 2018 10:21 AM #2
Rainmaker
1,465,419
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Consumers quote Zillow an may believe the "Zestimate", however, I have never heard that Zillow represented a buyer or seller.

May 19, 2018 11:18 AM #4
Rainmaker
4,552,751
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Your feedback is always welcome and is very much appreciated.

 

May 19, 2018 11:41 AM #5
Rainmaker
3,681,828
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Roy,

Interesting news, and whatever the court says, I have seen many misleading zestimates.  A

May 19, 2018 01:02 PM #6
Ambassador
2,479,638
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Maybe so Roy but in the court of public opinion they are guilty, guilty, guilty!

May 19, 2018 01:32 PM #7
Ambassador
2,017,420
Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

    A Deep State judge (originally appointed by Bush II) dismisses a suit against Zillow.  No surprise there.

May 19, 2018 02:37 PM #8
Rainmaker
1,396,555
Yolanda Cordova-Gilbert
Sitterle Homes - Richmond, TX
Sitterle Homes

Like Ron and Alexandra Seigel I have seen to many bad estimates on Zillow! I am disappointed but not surprised! 

May 19, 2018 03:47 PM #9
Rainmaker
455,178
Dan Tabit
Northstone Real Estate Inc. - Sammamish, WA

Zestimates are not the only false valuations anymore. Lots of others now. I found that if you add them all up, average them together you're still way off.  

May 19, 2018 06:41 PM #10
Rainmaker
2,732,995
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

I vote with Debe Maxwell, CRS  on this one...they should be tried again in exaccly that court of public opinion !

May 20, 2018 03:47 AM #11
Rainmaker
3,954,205
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for sharing the information. I will read the article

May 20, 2018 03:49 AM #12
Rainmaker
4,197,490
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Roy.  Thanks for the link.  I will read it now and try to see if it makes sense.

May 20, 2018 04:02 AM #13
Rainmaker
3,481,654
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Roy, sad to hear this news, but hopefully the public sees a clearer vision that Z does not present the correct information.

May 20, 2018 06:51 AM #15
Rainmaker
1,692,624
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Roy Kelley - I couldn't read the link you provided because it wouldn't let me without paying for a subscription to the  Washington Post. However, I found the same article in geekwire. 

Thank you for the information. It is hard for independents to slay the giants isn't it! 

May 20, 2018 10:28 AM #17
Rainmaker
1,692,624
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Roy Kelley - Isn't it just wonderful that NAR raised annual dues for 2019 by $30.00...

May 20, 2018 10:36 AM #18
Rainmaker
4,552,751
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Patricia Feager 

Thanks for telling be about the bad link. I will have to avoid using them.

May 20, 2018 11:19 AM #19
Rainmaker
1,692,624
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Roy Kelley - I feel certain that if I was a paid subscriber, I wouldn't have gotten the message and the article would have been there. However, I was so curious about the topic, I just had to find a way to get the information from another source. 

I am grateful!

May 20, 2018 11:39 AM #20
Rainmaker
1,497,420
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Roy - I am really not surprised.  Some people believe what they want to believe.

May 20, 2018 01:18 PM #21
Rainmaker
4,552,751
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Thank you very much for your comments. It is always good to hear from you.

May 21, 2018 04:43 AM #22
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