Zillow Out of iBuying – This Means little to Charlottesville Real Estate Consumers
Zillow are out the home buying business, while their current Zestimates are often more accurate than ever. Sometimes, the Zestimates are completely wrong. Right now, the human algorithm is more accurate than Zestimates. But for how long? Good for them for trying, failing relatively quickly, and recognizing that failure and cutting their losses quickly. I feel terrible for the 25% of their workforce getting laid...