Comments on: Zillow lays off 25 percent of staff

The real estate site announces Friday that it has cut 25 of its employees to prepare for a recession.

[ca5ter]

Zillow's technology is flawed. It removes the human factor from the house search process and focuses on "comparable" houses that have sold in the past. The one thing everyone knows about real estate is, location, location, location. No fact based system can provide this detail, especially, Zillow's limited pool of data. Until they improve their results, the site will loose traction and visitors.

[Luigi Semenzato]

It's sad to see a tool as useful as Zillow having a hard time finding a profitable business model. Certainly Zillow's pricing model will never be able to take into account a number of factors, but it does a great job at presenting relevant statistical and factual information which is in the public domain but would be highly impractical to obtain by individual buyers and sellers. Zillow is one step in the right direction for reducing the huge overhead of real estate agencies. Although I am a capitalist at heart, I almost think that the government should buy Zillow and make it available to the people if there is no other way of paying for it.

[doconn7]

Zillow hurts the public by posting false values on line as fact. Market value is what a buyer is willing to pay and what a seller is willing to sell for.

[tsawickyj]

Zillow is helping to kill the housing market. I hope they go under. period.