Industry professionals and social media wags alike reacted to news on Tuesday that Zillow would shut down Zillow Offers, its iBuyer program. Many pointed to CEO Rich Barton’s statements on the difficulties of forecasting home prices and the company’s Zestimate tool.
Source: Inman News
The Zestimate comes back to bite: Reactions to the end of Zillow Offers
Published in ibuying, Industry News, opendoor, RedfinNow, rich barton, Select, Technology, zestimates, Zillow and Zillow Offers
More from ibuyingMore posts in ibuying »
- Opendoor’s partnership with eXp officially goes live
- Opendoor posts significant decline in revenue but narrows losses in Q4
- Zillow reappoints venture capitalist Bill Gurley to board
- Opendoor founder Eric Wu leaving company to focus on startups
- Opendoor to double the number of homes it buys each month: CEO
More from Industry NewsMore posts in Industry News »
- Will lawsuits end 6% commissions? Probably not, 1 law professor says
- Leo Pareja tapped as eXp Realty’s new CEO, relieving Glenn Sanford
- Ohio multiple listing service MLS Now appoints new CEO
- Compass acquires 3,100-agent Gulf Coast giant Latter & Blum
- Aidium Mortgage CRM lands $19M in Series A led by PeakSpan Capital
More from opendoorMore posts in opendoor »
More from RedfinNowMore posts in RedfinNow »
- Redfin narrows losses amid rough Q2 as it braces for more turbulence
- As iBuyers struggle, agents rethink relationships with cash-offer kings
- Redfin sees losses soar in Q3 as it winds down iBuying program
- Redfin’s iBuyer expands into Florida among the hottest US markets
- Power Buyer clients made 1 offer on average. Traditional buyers? 7
More from rich bartonMore posts in rich barton »
More from SelectMore posts in Select »
More from TechnologyMore posts in Technology »
- Flat-fee brokerage Homie makes remarkable pivot amid upheaval
- Undeterred by federal scrutiny, RealPage continues to innovate
- Digital insurance marketplace Matic grows mortgage clientele
- Proptech investment is way down — but these 4 areas still see demand
- Shape real estate’s future: Take the Inman Intel Index survey for April
More from zestimatesMore posts in zestimates »
More from ZillowMore posts in Zillow »
- Proptech investment is way down — but these 4 areas still see demand
- Realtor.com campaign makes pitch for buyer representation
- 2 buyers scramble to make a deal as the spring market sprints ahead
- Zillow launches ‘Home Just Got Real’ ad campaign
- West Coast tech hubs see home values skyrocket in spring market
More from Zillow OffersMore posts in Zillow Offers »
- As iBuyers struggle, agents rethink relationships with cash-offer kings
- Zillow CEO Rich Barton: ‘The real pain is probably coming’
- Ribbon suspends cash offer service, working on new tools for spring
- It’s the disruption, stupid! Redfin Now and the end of iBuying as we know it
- Opendoor is where Zillow Offers was a year ago: Mike DelPrete
Be First to Comment