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Old 01-12-2020, 03:06 PM
CoachKandSportsguy CoachKandSportsguy is offline
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Default Estimates are not false information

Quote:
Originally Posted by starflyte1 View Post
I have never sued anyone in my life, and am generally against doing so. However, I can not believe that someone hasn't filed a class action lawsuit against Zillow, for publishing false information.
Zillow uses data only to create an estimate for a house. The data is always incomplete and the data will always be incomplete. The data they use does not have particulars as to the quality of the house. Also, people have independent views and biases that don't see a generalized answer as accurate if they have personal bias or knowledge. Likewise, your realtor will give you an estimate for the sale price of a house, but seldom does the house actually sell for that exact number.

There would be no basis for a lawsuit against zillow for creating an estimate of the house for that area based on houses in that area for a non sale public internet search. I work with data and forecasts and estimates for a living, and always remember, the future is uncertain, and sometimes the future is more uncertain than at other times. The data will always be incomplete, such as a individuals taste or a view of the quality of the house.

sportsguy