LOOOOOOOOOL
- Zillow had broken some ground in this field with its Zestimate, a calculation that estimates the value for any home in the country. The Zestimate was often unreliable at first, but the company said in recent years its estimates for homes on the market are accurate within a median error rate of 2 percentage points.
To get around the challenge of accounting for aesthetics, Zillow said in 2019 it had incorporated photographic analysis into its method of pricing homes, including factors such as natural light, quality of interior finishes and curb appeal.
The company hired an army of more than 100 pricing analysts to double-check the algorithm’s numbers by looking at comparable sales, according to current and former employees. That reduced the risk of overpaying, but also made it harder to flip lots of homes quickly and cheaply.
Zillow is such a shitty firm that nobody there went "uhhh the thing that everyone poked fun at last time the market went batshit was the over-the-top photography" so they bet their entire business on REALTORS TELLING THE TRUTH