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Zillow Shuts Down its Offers Business

Zillow Shuts Down its Offers Business We first posted about Zillow Offers back in 2017 and just last week, we learned that Zillow is planning to sell about 7k homes as it seeks to recover from what Bloomberg called a “fumble in its high-tech home-flipping business.”  Now fast-forward a few days and we learn that

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At risk of losing millions, Zillow ends its house-flipping operation and cuts its workforce

At risk of losing millions, Zillow ends its house-flipping operation and cuts its workforce Now analysts, competitors, and industry observers are left to puzzle over how the company managed to misjudge the market so badly. | realestate.boston.com The post At risk of losing millions, Zillow ends its house-flipping operation and cuts its workforce appeared first

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