2022-02-03

The late Jerry Weinberg would've found this amusing.

https://www.geekwire.com/2022/commentary-how-homeowners-defeated-zillows-ai-ultimately-leading-to-zillow-offers-demise/

Simulated success on historical data does not imply success in buying from homeowners for a simple reason: many homeowners have a better sense of the value of their own home due to variables outside of Zillow’s model (e.g., the house has a strong odor or other idiosyncratic characteristics that repel would-be buyers).  

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