Do Zillow ‘Zestimates’ mislead home buyers? Illinois lawsuit claims yes
May 22, 2017 at 17:12 PM EDT
Suburban-Chicago home builders filed legal action last week against real estate-marketing firm Zillow, whose property value approximations are misleading would-be home buyers with lowball figures that have stalled sales, the suit claims. But Zillow argues it’s never claimed to be an appraiser.