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Zillow gets hit with FTC complaint

Sounds a lot like my post on September 23rd of this year.  The real scoop is getting out on Zillow.

NCRC charges Zillow with falsely representing to the public that its on-line valuations are within ten percent of the home selling price when the company really has "less than a 30 percent accuracy rate when offering the valuations for public consumption."

Click here to see the article.

Comments

  1. Hi, it’s David from Zillow.com

    FYI – Zillow’s response to these claims is posted here:
    http://www.zillowblog.com/zillow_blog/2006/10/zestimate_accur.html

    One important correction to this article is that Zillow DOES measure and display Zestimate accuracy on the website — this link is actually in the search box on the home page:
    http://www.zillow.com/howto/DataCoverageZestimateAccuracy.htm

    Thanks

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