Zillow Estimate Prices Are Now Cash Offers to Buy
Zillow (NASDAQ: Z)(NASDAQ: ZG) wants to buy your house, and for a half-million homes in 20 different markets, it is offering to pay cash for whatever price its algorithm says your house is worth. Although the Zestimate, as it's called, has been criticized for artificially inflating a home's value (and for underestimating it as well), Zillow says it's willing to put its money where its algorithm is and buy the home at that price. Zillow Offers was introduced in 2018 and accelerated the home-selling process.
