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Actually this has come up before with a similar law in Arizona, where the state tried to ban Zestimates. Volokh's analysis basically agreed with me (http://volo
by razwall 9y ago
Actually this has come up before with a similar law in Arizona, where the state tried to ban Zestimates. Volokh's analysis basically agreed with me (http://volokh.com/posts/1177792494.shtml http://volokh.com/posts/1177792494.shtml). Though I couldn't find any info about what ultimately happened with that case.
- dtrizzle 9y agoI'm pretty sure the Arizona legislature changed the law to make it clear that Zestimates were lawful. http://supreme.findlaw.com/legal-commentary/must-zillow-the-online-home-price-estimator-be-licensed-as-a-real-estate-appraiser-in-arizona.html http://supreme.findlaw.com/legal-commentary/must-zillow-the-...
- tssva 9y agoThere was never an actual legal case. There were just cease and desist letters with threats of a case. Before any actual legal case could materialize the law in AZ was changed to allow automated appraisals without certification as long as no money changed hands for the appraisal.