May 11, 2017:  On Good Morning America Barbara Corcoran reported on the lawsuit filed against Zillow.com based on their “Zestimates” feature  (an algorithm that calculates your property’s value).

Real Estate agents have known for a long time how inaccurate Zestimates can be. Now the public is learning not only how inaccurate they are, but they can be problematic when you go to sell your home.

Barbara Corcoran, a renown real estate agent from New York City and personality on the television show Shark Tank shares her insights on the lawsuit, and Zillow.com.

Barbara concluded that if you really want an accurate valuation for a property to consult with a real estate agent.

Mark Danforth Lomas

Recent Posts

The Case for Opening State Street

For decades, State Street has been the rhythmic pulse of Santa Barbara—a historic boulevard connecting…

1 day ago

Rincon Classic Update

The legendary Rincon Classic is back for 2026, bringing together the best local talent and…

3 days ago

Santa Barbara International Film Festival 2026

The 41st Santa Barbara International Film Festival (SBIFF) is set to transform the "American Riviera" into a…

1 week ago

The Santa Barbara International Film Festival Poster

The poster for the 41st Santa Barbara International Film Festival (SBIFF), created by local artist Baret Boisson,…

1 week ago

Year End Analysis, and 2026 Outlook

As we close the books on 2025, the South Santa Barbara County real estate market…

2 weeks ago

Celebrating Martin Luther King Jr. Day

You may be wondering why a real estate blog would post something about Martin Luther King.…

2 weeks ago