iBuying is as Hard as it Looks
Plus! Tech Realignment; Faces; After High Take Rates; Broader Blacklists
In this issue:
iBuying is as Hard as it Looks
Tech Realignment
Faces
After High Take Rates
Broader Blacklists
iBuying is as Hard as it Looks
Zillow's sudden and expensive exit from the instant-offer market—laying off 25% of staff, writing down $304m in Q3 and another $240m-$265m next quarter—is in one sense more admirably bold than their decision to get into i…