{"id":1372,"date":"2007-05-01T07:05:22","date_gmt":"2007-05-01T14:05:22","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=1372"},"modified":"2007-05-01T09:22:03","modified_gmt":"2007-05-01T16:22:03","slug":"heres-a-better-idea-how-about-abolishing-the-state-board-of-appraisal","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1372\/heres-a-better-idea-how-about-abolishing-the-state-board-of-appraisal\/","title":{"rendered":"“Here’s a better idea: How about abolishing the state Board of Appraisal?”"},"content":{"rendered":"

This is from the Tucson Daily Citizen<\/i><\/a>:<\/p>\n

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.<\/p>\n

According to Zillow’s Web site, in the Phoenix metro area its estimates are within 6 percent of the actual selling price 50 percent of the time, and 72 percent of the time they are within 10 percent.<\/p>\n

Although Zillow states on its Web site that its estimates aren’t appraisals, the state Board of Appraisal has ordered it to stop offering them in Arizona.<\/p>\n

Here’s a better idea: How about abolishing the state Board of Appraisal? Any property is actually worth whatever a willing buyer is willing to pay to a willing seller.<\/p>\n

Lenders might want appraisers in whom they have confidence to ensure that the property will cover their principal in the event of default. However, lenders are big boys. They can set up their own certification process to obtain the expertise they want. There’s no need for government to do it for them.<\/p><\/blockquote>\n

I find this logic unassailable. But it does make me yearn to live in a town with a newspaper<\/i>…
\n< ?PHP include(\"Zapraisails.php\"); ?>
\n<\/p>\n

Technorati Tags: arizona<\/a>, arizona real estate<\/a>, disintermediation<\/a>, phoenix<\/a>, phoenix real estate<\/a>, real estate<\/a>, real estate marketing<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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 selling price 50 percent […]<\/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-1372","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":1372,"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":1338,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1338\/zillowcom-dodges-bullet-in-arizona-amendment-would-permit-consumer-oriented-automated-valuation-models-to-operate-without-regulatory-oversight\/","url_meta":{"origin":1372,"position":1},"title":"Zillow.com dodges bullet in Arizona: Amendment would permit consumer-oriented automated valuation models to operate without regulatory oversight","author":"Greg Swann","date":"April 23, 2007","format":false,"excerpt":"From a press release from the office of Representative Michele Reagan:Arizona homeowners can still access their \"zestimates\" with the preliminary approval Monday of a bill that bars the Arizona Board of Appraisal from torpedoing online businesses that provide property value estimates. An amendment sponsored by Rep. Michele Reagan to SB1291\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":1360,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1360\/east-valley-tribune-slams-board-of-appraisal-over-zillowcom-censorship-endorses-reagan-amendments-to-sb-1291\/","url_meta":{"origin":1372,"position":2},"title":"East Valley Tribune slams Board of Appraisal over Zillow.com censorship, endorses Reagan amendments to SB 1291","author":"Greg Swann","date":"April 27, 2007","format":false,"excerpt":"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\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":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":1372,"position":3},"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":1344,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1344\/amended-arizona-appraisal-bill-fails-to-pass\/","url_meta":{"origin":1372,"position":4},"title":"Arizona appraisal bill, amended to permit AVMs such as Zillow.com to operate in state, fails to pass","author":"Greg Swann","date":"April 25, 2007","format":false,"excerpt":"Arizona SB 1291 failed to pass Tuesday afternoon in the Arizona House. The bill would have required a two-thirds majority and passed by less than that. I'll post further when I know more. Further notice: Here's what it all means: To have passed, the bill would have had to have\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":1358,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1358\/state-vs-zillowcom-will-be-a-lengthy-bout\/","url_meta":{"origin":1372,"position":5},"title":"State vs. Zillow.com will be a lengthy bout","author":"Greg Swann","date":"April 27, 2007","format":false,"excerpt":"This is me in today's Arizona Republic (permanent link). This goofy little column often \"breaks news\" in the sense that I cover facts that have not yet been reported by the Republic's real estate reporters. Normally I keep this to myself, because I don't want to frighten the people who\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":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1372","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=1372"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/1372\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=1372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=1372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=1372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}