– Arizona Republic (may require free registration)
An Arizona regulatory board has ordered Zillow.com to stop offering its online estimates of home values.
The Arizona Board of Appraisal has issued two cease-and-desist letters to the popular real estate Web site, claiming Zillow needs an appraiser license to offer its “zestimates” in Arizona.
“It is the board’s feeling that (Zillow) is providing an appraisal,” said Deborah Pearson, Board of Appraisal executive director.
Yea I too don’t see how anyone could confuse an automated valuation with an appraisal, but we are a wacky breed here in Arizona.
If it’s all the same to you, Honey, I think I’ll skip this little get together, slip out with the boys and knock back a couple of appraisals.