Sunday, May 9, 2010

Is This The End of Zillow?

Many of us in the real estate industry have used the services provided by Zillow.com. Now Santa Ana-based First American CoreLogic Inc. has filed a federal lawsuit against eight rivals, including the popular real estate website Zillow.com, accusing them of infringing on a 1994 automated appraisal patent, according to the lawsuit.

The seven other firms named in the suit are Fiserve Inc., which is based in Wisconsin; IntelliReal LLC, based in Denver; Interthinx Inc., based in Agoura Hills; Lender Processing Services Inc., based in Florida; Precision Appraisal Services Inc., based in New Jersey; Real Data Inc., based in Houston; and Realec Technologies Inc., also based in Houston.

Are you a user of Zillow.com? What is your opinion about these on-line valuation services?

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