09 Nov Zillow shuts down iBuyer program; reduces labor force by 25%
According to Inman news, Zillow founder, Rich Barton, announced yesterday that the compauy will shut down iBuying operations and lay off 25% of its workforce. Currently, Zillow Offers, the company's iBuying service , buys and sells houses directly from consumers. According to Barton, "We've determined the unpredictability...