[Link] Zillow Is Killing Its Home-Buyer Service, Cutting 25 Percent of Workforce

Read: 2/11/2021 www.vice.com

Only months after announcing plans to dramatically ramp up Zillow Offers, its home-buying iBuyer service, Zillow announced Tuesday that it is effectively killing it, saying it was too difficult to accurately price homes and only served a small percentage of its customer base.

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[Link] Zillow Pumps the Brakes on Buying Homes

Read: 19/10/2021 www.vice.com

After preparing to go on a massive home-buying spree, Zillow abruptly reversed course and announced on Monday that it will not sign any new contracts for additional homes for the remainder of the year.

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