Man vs Machine: the Zestimate, is it Good for Consumers?
In November 2021, Zillow upset the real estate world and Wall Street when they revealed their plans to terminate their iBuyer program, Zillow Offers, due to over $881 million in recorded losses. In addition, Zillow sadly eliminated 25% of its workforce (approx. 2,000 Seattle employees) because of the company’s exodus from the practice of purchasing …
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