Zillow, Inc.
Big Business |
Information/Media
Seattle, WA, United States, Seattle, WA 98164
Recent News About Zillow, Inc.
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Saying the plaintiffs are asking the court to misread and misapply an Illinois state law, a Chicago federal judge has crashed a class action lawsuit against Zillow, which had accused the operators of the real estate website of essentially appraising property without a license, and then using their online home value estimate tool as a marketing ploy to drive business by hampering home sellers’ efforts to sell their home for what they believe it should be worth.
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Comparing their “zestimates” – proprietary online estimates of homes’ values – to editorials published by newspapers or ratings and reviews of various products and services published in print and online, the operators of real estate website Zillow have asked a Chicago federal judge to dismiss a class action lawsuit brought by a north suburban lawyer and the owners of a Schaumburg-based home development company accusing Zillow of improperly hampering their efforts to sell their homes for what the plaintiffs believe they are worth.
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A north suburban lawyer has expanded her quarrel with real estate website Zillow, agreeing to shelve her personal lawsuit over her home’s “zestimate” – an online estimate of a home value, created and published by Zillow - to pursue a class action lawsuit representing untold numbers of others whose efforts to sell their homes have been hampered by Zillow’s popular estimating feature.
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A lawyer in suburban Glenview who is attempting to sell her home has asked the courts to step into her dispute with real estate listing site Zillow over the site’s “Zestimate” of her home, calling the site’s approximation of her home’s value a “sloppy, computer-driven appraisal” of her home, created without her consent and in violation of state law.
