After a buy-back. But the CEO does not give a #$@% about the stockholders as he stated on CNBC. When the housing sector begings to go back up after it goes all the way down to where it was in July. When they report earnings........maybe. Basically I think everyone should sell this $#@% and let this company go down the tubes. As I said earlier GRPN went from 22 to 2.7. So could Z. I mean what does this company actually do that you can't do yourself with whats avaliable out there. And do you really need the ability to find the price of a billion homes? Who cares. Connect with lenders. Wow that's hard. just type in Google best interest rate for homes. Rental properties? Go on Craigslist. That's where I rent my 3 rentals for free. There Zestimates aren't even accurate. Just one question: why were people buying this pig at 45? Good luck to you. I'm going to go have a smoke and a pancake!
'hogdad999' I share your sentiments. Any company that treats consumers with contempt the way Zllow does will eventually fail. Zillow cannot impose its unwanted and inaccurate Zestimates on 110 million homeowners the way it does with no right of appeal to get erroneous valuations corrected or deleted purely as a gimmick to attract advertising revenues is doomed long term.
Not only will the novelty factor diminish but the government will be forced to implement some form of regulation to stamp out such nonsense. If Zillow was smart they would manage such conflicts, but their arrogance doesn't allow intelligent thinking. In the meantime the executives continue to make themselves very rich selling stock to any unsuspecting punter believing the Zillow propaganda.
The absolute reliance on, and confidence in, the use of digital technology and especially computer programming forces out all thinking, intelligent and otherwise...even when it has been shown time and again that the algorithm is nonsense.