Thursday, November 4, 2021

Financial Samurai

Financial Samurai


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

Posted: 04 Nov 2021 10:27 AM PDT

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

The post Even Zillow Can’t Trust Its Zestimates: How To Profit From Its Mistake appeared first on Financial Samurai.

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