Zillow Offers As A Proxy For 'Big Data' Shows The Lack Of Qualitative Analysis
Miller Samuel
NOVEMBER 7, 2021
Yes, big data usually infers 'quantitative' analysis, as in "relying on numbers." The Zestimate legacy of profound inaccuracy finally reached a devastating conclusion with the collapse of Zillow Offers this week and the loss of hundreds of millions in shareholder equity. Zillow never figured out the qualitative part that enables the actual precision in the pricing of a home sale.
Let's personalize your content