Comments on: Update to Zillow v. Arizona http://spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/ Geospatial Technology, Web Mapping and Spatial Services Fri, 10 Feb 2012 19:09:18 +0000 hourly 1 http://wordpress.com/ By: adsk http://spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5077 Tue, 31 Jul 2007 15:00:18 +0000 http://www.spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5077 1. zillow pretends to give you an estimate down to a dollar, which is impossible without a detailed inspection
2. the information they base their estimates on is a often inaccurate
3. in AZ many buyers use zillow as a negotiating tool and it’s innacurate guesstimates influence house prices, thus becoming a self fulfilling prophecy.

]]> By: Gerhard Ade http://spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5076 Sat, 07 Jul 2007 07:50:08 +0000 http://www.spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5076 Just saw a listing on the Northwest Multiple Listing website where a home is listed with the words “priced below Zillow appraisal.” Obviously that’s nonsense. Zillow provides Zestimates which is another word for Guestimates. They get their data from public records and if that data are wrong so are Zillow’s. An appraiser is a licensed professional. Zillow never pretended to a be a substitute.

]]> By: wmhartnett.com » Blog Archive » Arizona Realtors side with Zillow http://spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5075 Mon, 14 May 2007 06:11:02 +0000 http://www.spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5075 [...] >Update to Zillow v. Arizona (James Fee) For the real estate-obsessed among you. This Arizona flap doesn’t really have a specific link to the world of newspapers and journalism, on which I try with varying degrees of interest to keep the blog at least semi-focused. As I said before, however, Zillow and services like it more generally represent the incredible, and mostly missed, opportunity newspapers have in real estate data. [...]

]]> By: Greg Swann http://spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5074 Tue, 24 Apr 2007 15:50:36 +0000 http://www.spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5074 Zillow was amended out of the bill yesterday.

]]> By: David Davis http://spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5073 Tue, 24 Apr 2007 14:55:49 +0000 http://www.spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5073 @ Cameron Rex

So it would appear that this is aimed at Zillow. Why make such a statement unless you were aiming the legistation at Zillow? I mean Zillow does say their “opinion” is not a apprasial. I mean where does this all lead?

]]> By: Cameron Rex http://spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5072 Tue, 24 Apr 2007 14:38:50 +0000 http://www.spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5072 Just to add to my last comment and to give a response to your last statement. This part of the statute addresses it…

“This chapter does not apply to:
2. A natural person, a corporation through its officers or a partnership through its partners that deals in GIVES AN OPINION OF VALUE OF that person’s or its own property and does not receive special compensation for the transaction IF THIS OPINION IS NOT REFERRED TO AS AN APPRAISAL.”

]]> By: Cameron Rex http://spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5071 Tue, 24 Apr 2007 13:31:58 +0000 http://www.spatiallyadjusted.com/2007/04/23/update-to-zillow-v-arizona/#comment-5071 I have taken a look at the proposed changes to the bill in Arizona, and it does not appear to have anything that limits Zillow.com (dependent on interpretation). The proposed changes are actually in line with the 2006 edition of USPAP (Uniform Standards of Professional Appraisal Practice). You can read more about USPAP here (http://www.appraisalfoundation.org/s_appraisal/sec.asp?CID=3&DID=3)

More on this later….I’m actually in a USPAP class right now.

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