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Zillow ‘Zestimates’ lawsuit dismissed

“A federal judge has dismissed a suit brought against online real estate firm Zillow that alleged its Zestimates of their homes’ value made the properties hard to sell.

In the suit, first filed in May, Glenview homeowner and attorney Barbara Andersen alleged that the estimates Zillow posts with for-sale listings essentially act like an appraisal of exact market value. Under Illinois law, only licensed appraisers can issue an appraisal. Andersen’s suit alleges Zillow is engaging in illegal practices.

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