David M. Dwares, Title guy with a broker license (Title Professionals Corp.)

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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

"Zestimate is effectively a sloppy computer-driven appraisal of the value of her home."

   What a great description!   I wish her the best.

May 06, 2017 09:22 PM
Ambassador
6,348,383
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Yes, if you look just to the right of your question in the featured questions, there is a question by Sam Shueh on this.

Zillow is immune to lawsuits though, they will not be affected by this.

May 06, 2017 02:12 PM
Rainmaker
1,839,276
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Yes, I'm so glad. Good luck to her, she is in my marketplace.

May 06, 2017 02:51 PM
Rainmaker
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Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

No, but I'm not upset about it!

May 06, 2017 02:14 PM
Rainmaker
5,583,167
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

what a bonus for everyone, if this one person can stop them...

May 06, 2017 02:05 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

David M. Dwares I believe Z has a disclamer on their Zestimates.  It will be interesting to see what happens.

May 07, 2017 06:32 AM
Rainmaker
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Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Great news

May 06, 2017 08:27 PM
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Mimi Foster
Falcon Property Company - Colorado Springs, CO
Voted Colorado Springs Best Realtor

The comments are worth reading the article. 

May 06, 2017 05:45 PM
Rainmaker
809,258
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Yes, it will be interesting to see how it turns out. -Kasey

May 06, 2017 03:35 PM
Rainmaker
1,045,631
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

LMAOOOOOO!

May 06, 2017 03:25 PM
Ambassador
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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Yes I heard and I know many who are rooting for the seller's success - although, I agree with Bob Crane - Z is immune.

May 06, 2017 03:10 PM
Rainmaker
706,402
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

I did not hear this. I will be interested to see how this suit transpires. We all know that the "zestimates" by Zillow are not a true measure of the value of a property.

May 06, 2017 02:02 PM
Rainmaker
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Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Interesting.  Time and the court will reveal the outcome.   Perhaps.  

May 07, 2017 05:13 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Bob Crane nailed this one!

May 07, 2017 04:55 AM
Rainmaker
3,626,424
James Dray
Fathom Realty - Bentonville, AR

Why yes, yes I saw that article.  It will be interesting to see what happens

May 07, 2017 04:46 AM
Rainmaker
7,783,889
Roy Kelley
Retired - Gaithersburg, MD

Yes. 

May 07, 2017 04:26 AM
Rainmaker
907,978
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Sounds like a frivilous lawsuit. Following that logic, agents could be sued if their CMA's are too low, and her local tax assessors office could be sued if their assessment is lower than what she thinks it should be.

May 07, 2017 04:16 AM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

David M. Dwares - I doubt if this attorney can win the case....

May 06, 2017 09:41 PM
Rainmaker
142,796
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

I'm curious to see the outcome of this case.

May 06, 2017 09:34 PM
Rainer
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Melissa Jackson REALTOR
Trinity Premier Properties - Azle, TX
Helping You Make The Right Move

I'm not surprised. 

May 06, 2017 08:49 PM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I'm surprised this is the first - or maybe it's not. We'll see who wins! I'm not holding my breath!

May 06, 2017 06:20 PM
Rainmaker
1,231,822
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Dream on, probably won't go far.

May 06, 2017 06:08 PM
Rainmaker
4,969,111
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

What a great case..I'll be watching to see where this case goes!

May 06, 2017 05:27 PM
Rainmaker
2,774,896
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If they succeed, agents will be sued for every little thing too

May 06, 2017 04:42 PM
Rainmaker
508,387
Jerry Murphy, CRS, SRES
Long Realty West Valley - Anthem, AZ
Anthem, Phoenix, and Scottsdale AZ Real Estate

I wish Zillow would just drop the Zestimates.  Those who know know they are innacurate.

May 06, 2017 03:59 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Yes I saw that and don't think it will go anywhere and will come out in Zillow's favor.

May 06, 2017 03:12 PM
Rainmaker
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

You can sue anybody for anything.

May 06, 2017 03:02 PM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Let him sue Zillow.

May 06, 2017 02:33 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Yes,

Sam Shueh brought this to our attention.  A

May 06, 2017 02:29 PM
Rainer
259,005
Mick Michaud
Distinctly Texas Lifestyle Properties, LLC Office:682/498-3107 - Granbury, TX
Your Texas Lifestyle is Here!

Haven't seen it but not terribly surprised.  People sue over everything nowdays.

May 06, 2017 02:12 PM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Yes.  It will be interesting to see how this plays out.

May 07, 2017 08:34 AM
Rainer
352,976
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Good ole' Zillow.  One of most inaccurate property sites ever and I tell those who call about Zestimates and listing data. 

When I get a call or email about a home they want to see and I ask where they found that and the response is Zillow I always tell them that do know it's not a true MLS data site and it's rarely accurate...right?  They all think it's the gospel of real estate.  The holy grail of homes.  NOT!

GOOD....they need another lawsuit,  but I doubt it will change anything and I doubt they will win against Z.  Ugh!

May 07, 2017 07:36 AM
Rainmaker
5,095,661
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Yes, I have. And I hope Zillow loses this lawsuit.

May 07, 2017 07:18 AM
Rainmaker
897,138
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It's good they're getting that kind of pressure, but there are most likely some "hold harmless" clauses to protect them.

May 07, 2017 06:51 AM
Rainmaker
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Brandon Jordan
ERA American Real Estate - Crestview, FL
Jul 16, 2017 05:30 PM
Rainmaker
4,894,546
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

No but about time.

 

May 09, 2017 04:11 PM
Rainmaker
5,846,708
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I did see this article and will be interesting to hear how this ends.

May 09, 2017 08:04 AM
Rainmaker
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Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

welcome to America

May 09, 2017 03:51 AM
Rainmaker
1,722,226
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Love it!

May 08, 2017 06:56 AM
Rainmaker
599,124
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

HAHA! I guess that's what they get for using an algorithm.

May 07, 2017 07:51 PM
Rainmaker
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Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Sam Shueh had a similar question about this as well

May 07, 2017 06:10 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thanks

May 07, 2017 02:53 PM
Rainmaker
1,497,558
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Yes and I hope she wins!  I'll be sharing the win far and wide on my social networks.

May 07, 2017 11:14 AM
Rainmaker
542,913
Sean Casey
Patterson-Schwartz Real Estate - Newark, DE
Greenville, Hockessin, Newark & Bear Homes

Interesting, but I don't think it will change anything.  I am sure zillow's legal team had protective language buried within their site just in case this happened.

May 07, 2017 09:32 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It will be interesting to see what happens.

May 07, 2017 05:36 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

I do not track such information.

May 07, 2017 12:51 AM
Rainmaker
3,986,196
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Yes and I thik it is great and if they start an account for that person I will be contributing.  It is about they be held to task|!!!

May 06, 2017 09:28 PM