Zillow`s home-buying debacle shows how hard it is to use AI to value real estate

The move, touted by a company exec at the time as "an exciting advancement," was intended to streamline the process for homeowners considering selling to Zillow as part of its home-flipping business. Zillow promoted this option as a way to make it convenient to sell a home while minimizing interactions with others during the pandemic. Just eight months later, however, the company is shutting down that business, Zillow Offers, entirely...
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RSK: Again it goes to show that a human real estate agent can use data as well as the human gut feeling element, It is an art as much as a science and AI misses the art and judgement component...