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A comment on Zillow to stop flipping homes, loses more than $550M, lays off 25% of staff. Parent comment

Re:Zillow to stop flipping homes, loses more than $550M, lay... by analyte123 on Tuesday November 02, 2021 @06:33PM (#29088410)
If local real estate agents and developers can manage to manipulate the "Zestimate", and I'm pretty sure they are at least trying, you can imagine the payoff.
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Re:Zillow to stop flipping homes, loses more than $550M, lay... by Hjfrf on Tuesday November 02, 2021 @08:29PM (#29089548)
Developers could certainly do it.

A single padded first sale on a new development would be factored into offers. Classic wash trade.

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