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Realtors have always hated the Zestimate with a passion [0]. When they publicly called out Zillow CEO for selling his own home for 40% less than the Zestimate o

Realtors have always hated the Zestimate with a passion [0]. When they publicly called out Zillow CEO for selling his own home for 40% less than the Zestimate on it, Zillow magically released a superior algorithm [2]. [0] Inaccurate Zillow 'Zestimates' a source of conflict over home prices | Feb 8, 2015 | http://www.latimes.com/business/realestate/la-fi-harney-20150208-story.html http://www.latimes.com/business/realestate/la-fi-harney-2015... [1] Zillow CEO sold his home for 40% less than Zestimate | May 18, 2016 | http://www.inman.com/2016/05/18/zillow-ceo-spencer-rascoff-sold-home-for-much-less-than-zestimate/ http://www.inman.com/2016/05/18/zillow-ceo-spencer-rascoff-s... [2] Zillow Boosts Accuracy with Update to Zestimate Algorithm | June 8, 2016 | http://zillow.mediaroom.com/2016-06-08-Zillow-Boosts-Accuracy-with-Update-to-Zestimate-Algorithm http://zillow.mediaroom.com/2016-06-08-Zillow-Boosts-Accurac...

strictnein 9y ago
[1] reminds of an interview with the founder of Ashley Madison. He was going on and on about how western cultures were so regressive and prude about adultery and sex in general. The interviewer then asked him if he had ever used his own service. This elicited an uncomfortable non-answer that basically boiled down to "No".
- allenbrunson 9y ago
  "non-answers" are never good, of course, but i can easily see a way he could give a workable answer to that question. for example, he could say that some people are trapped in loveless marriages they can't get out of, but he never has been, so he's not the target customer. of course i'm just playing devil's advocate, because all evidence points to ashley madison being a scam, with essentially no women on the site.
  - chii 9y ago
    > with essentially no women on the site. I would have thought that some gold diggers would sign up for that sweet mistress money!

strictnein 9y ago

[1] reminds of an interview with the founder of Ashley Madison. He was going on and on about how western cultures were so regressive and prude about adultery and sex in general. The interviewer then asked him if he had ever used his own service. This elicited an uncomfortable non-answer that basically boiled down to "No".

allenbrunson 9y ago
"non-answers" are never good, of course, but i can easily see a way he could give a workable answer to that question. for example, he could say that some people are trapped in loveless marriages they can't get out of, but he never has been, so he's not the target customer. of course i'm just playing devil's advocate, because all evidence points to ashley madison being a scam, with essentially no women on the site.
- chii 9y ago
  > with essentially no women on the site. I would have thought that some gold diggers would sign up for that sweet mistress money!