Zillow is making cash offers on houses using its ‘Zestimate’ home value tool
2:41
Fox BusinessAnn Schmidt
Zillow is making cash offers on houses using its ‘Zestimate’ home value tool
The real estate listing website announced Thursday that its Zestimate -- Zillow’s home value estimation tool -- could be considered an initial cash offer on “eligible homes” in 20 U.S. cities
Feb 26, 2021
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Zillow is being sued under the Racketeer Influenced and Corrupt Organizations (RICO) Act based on allegations that it operated a coordinated, deceptive scheme with partner brokerages to illegally steer homebuyers to Zillow-affiliated agents and Zillow Home Loans, thereby inflating costs and violating fiduciary duties. The lawsuit characterizes this alleged system as an “organized scheme” rather than isolated incidents. Key allegations in the class-action lawsuit, which names Zillow and several b
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Zillow is being sued under the Racketeer Influenced and Corrupt Organizations (RICO) Act based on allegations that it operated a coordinated, deceptive scheme with partner brokerages to illegally steer homebuyers to Zillow-affiliated agents and Zillow Home Loans, thereby inflating costs and violating fiduciary duties. The lawsuit characterizes this alleged system as an “organized scheme” rather than isolated incidents. Key allegations in the class-action lawsuit, which names Zillow and several b
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