Yes. Source: I was employee 24 at Opendoor. Zillow's pricing algorithms are and always were terrible. They tried to paper over this during their iBuying push w

Yes. Source: I was employee 24 at Opendoor. Zillow's pricing algorithms are and always were terrible. They tried to paper over this during their iBuying push with humans, and then in an effort to outgrow Opendoor, they incentivized growing at any cost without the proper controls to prevent adverse selection. And due to some unfortunate timing with the market cooling, they got wrecked for it.