Zillow announced last week that it’s pulling the plug on its tech-powered flipping operation after an ambitious effort to transform the company collapsed when its vaunted pricing algorithms proved unequal to the task.
November 10, 2021 at 04:20 PM
3 minute read
Zillow Group Inc. reached an agreement to sell about 2,000 properties from the home-flipping business that it’s winding down.
New York-based investment firm Pretium Partners LLC will purchase the homes, according to a person with knowledge of the matter.
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