On: Zillow faces lawsuit over ‘Zestimate’ tool that calculates a house’s worth

[mywittyname]

It's still a price anchor.

If an engineer at Zillow manipulated the Zestimate on a home they were trying to buy or sell, would they succeed in driving the price of the home in the desired direction? I think so.

Clearly real estate agents have the same feeling or they wouldn't be suing.

[rejschaap → mywittyname]

Mostly because they want to do the manipulating of estimates themselves.