Zillow's Zetimate Model

[emptymalei]

Zillow withdrew from the house-flipping market.

There are rumors indicating that this action is related to their machine learning-based price estimation tool, Zestimate.

At a first glance, Zestimate seems fine. Though the metrics shown on the website may not be that convincing, I am sure they benchmarked more metrics than those shown on the website.
There are some discussions on Reddit.

Anyways, this is not the best story for data scientists.

1. News: https://www.reddit.com/r/MachineLearning/comments/qlilnf/n_zillows_nnbased_zestimate_leads_to_massive/
2. This is Zestimate: https://www.zillow.com/z/zestimate/