Blurt!Commonplace Book

Alan Cole

“Zillow’s formulaic purchasing strategy virtually guaranteed that it would get the slice of the inventory it had most overrated. Any time there’s a problem with the home not captured in the Zestimate … Zillow’s iBuying program was likely to overpay. And the people getting a great deal from Zillow would be those most likely to take the deal.”

posted Sep. 9, 2022, 8:00pm