Even Zillow Can’t Trust Its Zestimates: How To Profit From Its Mistake

10:31 AM

In a stunning turnaround, Zillow recently announced it would be getting out of the iBuying business and will shut down its Zillow Offers division. Roughly 25% or 2,000 of its staff will be let go as the company takes a $540 write-off. “We’ve determined the unpredictability in forecasting home prices far exceeds what we anticipated

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