The problem with AI and Zillow is they forget "due diligence" matters. I know someone who sold a friend to Zillow for $20k less than market - they knew, as wou

The problem with AI and Zillow is they forget "due diligence" matters. I know someone who sold a friend to Zillow for $20k less than market - they knew, as would anyone who did an inspection that there was rot issues and the correct value was around 100k less than market (which would then allow giving a builder $80k and 3 months to fix the issue before selling). Zillow tried to put a fresh coat of paint and sell the house. Now there is value in someone like Zillow coming in with $20k cash today to buy your house ($20k might be the wrong number, but lets accept it for discussion), and then selling it for market a few months later when someone wants it, but they need to do that due diligence. That is why Zillow got out of the business even when rates were near zero, doing that due diligence is something they were not prepared to do since it requires humans to do work. (even if it is just taking pictures for the AI, to look at)