AVMs

A Zillow problem or an iBuying problem? HW+

When Zillow waved the white flag on its iBuying operation earlier this month, CEO Rich Barton couched the company’s price forecasting model as something of a Frankenstein’s monster, an audacious curiosity that proved too danger. To some housing executives who routinely use AVMs, Barton’s explanation rang false. HW+ Premium Content