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The algorithms probably price houses based on comps, to increase the likelihood of the bank giving the buyer a loan for the house. Like the OP said, it's prett
by antisthenes 6y ago
The algorithms probably price houses based on comps, to increase the likelihood of the bank giving the buyer a loan for the house.
Like the OP said, it's pretty accurate in 99% of cases (reasonably priced single family houses, nothing exotic)