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Inside Zillow’s misadventures in iBuying

Housing Wire

Zillow CEO Rich Barton. Then Zillow came along. Then Zillow came along. The company’s Zillow Offers instant homebuying – or iBuying – division offered $406,000 for the house, 16% above listing price. Zillow has declined to comment on its decision beyond an Oct. Antonio Pellegrini was stunned.