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If Zillow had "figured it all out" on solving the magic pricing problem, they could have put the entire appraisal industry out of business. Well, guess what, th
by speby 5y ago
If Zillow had "figured it all out" on solving the magic pricing problem, they could have put the entire appraisal industry out of business. Well, guess what, they didn't and they didn't even come close.
- speby 5y agoNo "machine learning" model can successfully peer into the inside of the home, and in the walls, or in the plumbing, to get an accurate sense of the worth of the home because no machine learning model would have that information. It isn't available until you actually go and look, with real human eyes, into the house. No pricing model will ever get this right.