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.

Share this:
Mark Danforth Lomas

Recent Posts

I Madonnari Festival returns Memorial Day Weekend!

Every Memorial Day weekend, our local slice of paradise does something incredible. The historic plaza…

1 day ago

Weekend Open Houses May 23rd & May 24th, 2026

Explore this weekend’s featured open houses across the South Coast. From coastal retreats to hillside…

2 days ago

Market Trends

The Volume Surge: Total sales in April jumped 22% year-over-year. After a slow start to…

1 week ago

Housing

We’ve all seen the headlines. The "1%," the billionaires, the exploding cost of living—and right…

1 week ago

Santa Barbara’s State Street

The Santa Barbara’s State Street Blues. It’s the first time in history a city might spend…

3 weeks ago

Private Listings vs. Pocket Listings

There's been a massive shift in the industry. As of early 2026, Compass has become a true…

4 weeks ago