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      Zillow Offers staff

      Incindents Harmed By

      Incident 1493 Reports
      Zillow Shut Down Zillow Offers Division Allegedly Due to Predictive Pricing Tool's Insufficient Accuracy

      2021-11-02

      Zillow's AI-powered predictive pricing tool Zestimate was allegedly not able to accurately forecast housing prices three to six months in advance due to rapid market changes, prompting division shutdown and layoff of a few thousand employees.

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      Entity

      Zillow

      Incindents Harmed By
      • Incident 149
        3 Reports

        Zillow Shut Down Zillow Offers Division Allegedly Due to Predictive Pricing Tool's Insufficient Accuracy

      Incidents involved as Deployer
      • Incident 149
        3 Reports

        Zillow Shut Down Zillow Offers Division Allegedly Due to Predictive Pricing Tool's Insufficient Accuracy

      More
      Entity

      Zillow Offers

      Incidents involved as Developer
      • Incident 149
        3 Reports

        Zillow Shut Down Zillow Offers Division Allegedly Due to Predictive Pricing Tool's Insufficient Accuracy

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