{"id":1360,"date":"2007-04-27T10:32:39","date_gmt":"2007-04-27T17:32:39","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1360"},"modified":"2007-04-27T10:36:48","modified_gmt":"2007-04-27T17:36:48","slug":"east-valley-tribune-slams-board-of-appraisal-over-zillowcom-censorship-endorses-reagan-amendments-to-sb-1291","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1360\/east-valley-tribune-slams-board-of-appraisal-over-zillowcom-censorship-endorses-reagan-amendments-to-sb-1291\/","title":{"rendered":"East Valley Tribune slams Board of Appraisal over Zillow.com censorship, endorses Reagan amendments to SB 1291"},"content":{"rendered":"

In general, newspapers influence people who are paying attention, a small but inordinately important minority. Today the East Valley Tribune<\/i>, clarion of the populous suburbs east of Phoenix, came out strong for Zillow.com and other consumer-oriented Automated Valuation Models:<\/a><\/p>\n

Arizona home buyers and property speculators are fortunate the state Board of Appraisers did something against their interests while the Legislature is still in session, so lawmakers can act immediately to put a stop to it.<\/p>\n

The Board of Appraisers is going after Zillow.com, a year-old Web site that offers free estimates of market values for an estimated 70 million houses across the country. The state agency contends the site is offering property appraisals without an Arizona license, and has ordered it to remove these “zestimates” or face formal sanctions and a possible lawsuit.<\/p>\n

But Zillow.com makes no claim that its estimates are based on actual visits to individual properties or research of their histories. Instead, the Web site gathers sale details about other homes in the same neighborhood that have recently changed hands, government tax valuations and other publicly available information, and then provides a rough prediction about a house’s value under current market conditions.<\/p><\/blockquote>\n

More:<\/p>\n

Given recent reports about widespread mortgage fraud and foreclosures resulting from inflated purchase appraisals, the state Board of Appraisers should be working to increase the amount of information available to consumers rather than shuttering potential sources of knowledge.<\/p>\n

At least the Legislature appears to see the wisdom of this. On Monday, Rep. Michele Reagan, R-Scottsdale, introduced an amendment to SB1291 that was endorsed by her House colleagues to protect free opinions about property values as long as the provider doesn’t claim or imply that they are formal appraisals.<\/p>\n

Putting Reagan’s amendment into law would be a nice endorsement of free speech and the consumer’s right to multiple sources of information.<\/p><\/blockquote>\n

None of this is news to people following the story here, and, in fact, the most-recent events are not covered<\/a>. But this is the kind of public outcry that can swing the balance against this silly stunt by the Board of Appraisal.
\n< ?php include(\"Zapraisails.php\"); ?>
\n<\/p>\n

Technorati Tags: arizona<\/a>, arizona real estate<\/a>, disintermediation<\/a>, phoenix<\/a>, Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In general, newspapers influence people who are paying attention, a small but inordinately important minority. Today the East Valley Tribune, clarion of the populous suburbs east of Phoenix, came out strong for Zillow.com and other consumer-oriented Automated Valuation Models: Arizona home buyers and property speculators are fortunate the state Board of Appraisers did something against […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,6,5,19,25],"tags":[],"class_list":{"0":"post-1360","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-disintermediation","7":"category-marketing","8":"category-real-estate","9":"category-technology","10":"category-zillowcom","12":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1329,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1329\/arizona-republic-realtors-side-with-zillowcom\/","url_meta":{"origin":1360,"position":0},"title":"Arizona Republic: Realtors side with Zillow.com","author":"Greg Swann","date":"April 21, 2007","format":false,"excerpt":"The Phoenix RE.net is heard from in a big way in an article that will appear in Sunday's Arizona Republic about the State of Arizona's attempts to stifle Zillow.com. Writes reporter Peter Corbett:A state agency's efforts to stop Zillow.com from offering property-value estimates in Arizona are drawing criticism from some\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1302,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1302\/arizona-board-of-appraisal-to-zillowcom-in-your-zestimation-does-this-posturing-make-us-look-stupid\/","url_meta":{"origin":1360,"position":1},"title":"Arizona Board of Appraisal to Zillow.com: In your Zestimation, does this posturing make us look stupid?","author":"Greg Swann","date":"April 13, 2007","format":false,"excerpt":"From the Arizona Republic (tipped by Adam Tarr and Sharon Kotula):An Arizona regulatory board has ordered Zillow.com to stop offering its online estimates of home values. The Arizona Board of Appraisal has issued two cease and desist letters to the popular real estate Web site, claiming Zillow needs an appraiser\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1565,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1565\/zillowcom-off-the-hook-in-arizona-state-rethinks-crackdown-on-online-home-appraisals\/","url_meta":{"origin":1360,"position":2},"title":"Zillow.com off the hook in Arizona?: “State rethinks crackdown on online home appraisals”","author":"Greg Swann","date":"June 22, 2007","format":false,"excerpt":"This is me in the Arizona Republic (permanent link). State rethinks crackdown on online home appraisals The move by the Arizona Board of Appraisal and Attorney General Terry Goddard to prosecute Zillow.com, and potentially other Internet-based home valuation services, may be at an end. Last June and November, the board\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1372,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1372\/heres-a-better-idea-how-about-abolishing-the-state-board-of-appraisal\/","url_meta":{"origin":1360,"position":3},"title":"“Here’s a better idea: How about abolishing the state Board of Appraisal?”","author":"Greg Swann","date":"May 1, 2007","format":false,"excerpt":"This is from the Tucson Daily Citizen:Zillow.com offers online estimates of home values. There is now plenty of public data available for computers to crunch to make the estimates pretty good. According to Zillow's Web site, in the Phoenix metro area its estimates are within 6 percent of the actual\u2026","rel":"","context":"In "Disintermediation"","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1324,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1324\/zillow-notes-fear-and-ludditism-advertsing-a-better-farming-strategy-and-more\/","url_meta":{"origin":1360,"position":4},"title":"Zillow.com notes: Fear and Ludditism, advertising, a better farming strategy and more","author":"Greg Swann","date":"April 20, 2007","format":false,"excerpt":"Zillow notes: Jay Thompson, The Phoenix Real Estate Guy asks \"Why do so many agents fear Zillow?\" He makes the same point in a BusinessWeek article on the Seattle-based Realty.bot. Brian Brady, America's Most Opinionated Mortgage Broker and a BloodhoundBlog contributor, covers some of the same ground: \"Is your Realtor\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":585,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/585\/the-zillowcom-shake-down-bloodhounds-take-so-far-and-a-chance-to-win-a-bloodhoundrealtycom-tee-shirt\/","url_meta":{"origin":1360,"position":5},"title":"The Zillow.com shake-down: BloodhoundBlog’s take so far — and a chance to win a BloodhoundRealty.com Tee Shirt . . .","author":"Greg Swann","date":"October 30, 2006","format":false,"excerpt":"If Inman Blog sent you here, here is our side of the story so far:Welcome to Race Piracy 2.0: Zillow.com is targetted for the crime of having deep pockets...Zillow.com shake-down: This is the first shoe dropping...Zillow.com shake-down: Creeping disclaimerism as a subject-changing gambit...The Zillow.com shake-down: How the other shoe will\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=1360"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1360\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=1360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=1360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=1360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}