When executives at Zillow Group Inc. pored over The agency’s earnings Inside the spring, they noticed A drawback: The exact-property agency was making An extreme quantity Of money.
Zillow, which rose to prominence with on-line listings, had guess its future on an algorithm-based mostly house-flipping outfit referred to as Zillow Provides, Which might buy houses, make minor renovations and promote shortly.
Source: https://www.wsj.com/articles/zillow-offers-real-estate-algorithm-homes-ibuyer-11637159261