Zillow’s Inaccurate Zestimates May be Blamed for Zillow’s Own Financial Woes and Cancelling their iBuyer Program
How accurate are Zillow’s Zestimates? As it turns out, Zillow’s CEO seems to have lost faith in his companies own ability to assess home values.
Company founder and CEO Rich Barton added in his report that “we’ve determined the unpredictability in forecasting home prices far exceeds what we anticipated and continuing to scale Zillow Offers […]