This algorithm change has resulted in dramatically lower estimates for my area.
Previously I assumed Redfin's estimates were trustworthy trailing averages. Now I realize they are very opinionated or perhaps even trying to shift buyer/seller expectations in a particular direction. I wonder what the success metrics are for their algorithm?
Previously I assumed Redfin's estimates were trustworthy trailing averages. Now I realize they are very opinionated or perhaps even trying to shift buyer/seller expectations in a particular direction. I wonder what the success metrics are for their algorithm?