Zillow iBuying Death Supports The Need For Realtors, As Robots Cannot Know Values
Zillow, the popular online real estate marketplace and daydream fuel throughout the pandemic, is having a tough time. The company turned heads earlier this month when it announced it would be shutting down Zillow Offers, the algorithm-fueled home-flipping arm of its company. It also said it would try to offload more than 7,000 homes and exit the iBuying -- or "instant buying" -- business completely. That's $2.8 billion worth of homes.