Industry NewsTechnology

Arizona asks Zillow to cease real estate Zestimates

Company says its valuations are not appraisals
Published on Apr 16, 2007

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by CareyBot

The Arizona Board of Appraisal has issued two cease-and-desist letters to online home valuation and marketing company Zillow charging that the company's automated estimates for properties in that state are appraisals and require a license, though the company has not complied with the notices and counters that it does not offer appraisals.

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