Zillow utilizes explainer AI, data to revolutionize how people sell houses

Join executive leaders at the Conversational AI & Intelligent AI Assistants Summit, presented by Five9. Zillow has been a big name for online home seekers. There have been more than 135 million homes listed on the platform, and the company has streamlined the real estate transaction process from home loans, title, and buying. It says AI has been at the heart of success in providing customized search functions, product offerings, and accurate home valuations -- with a claimed median error rate of less than 2%. Zillow's initial forays into AI in 2005 centered around blackbox models for prediction and accuracy, Stan Humphries, chief analytics officer at Zillow, said at VentureBeat's virtual Transform 2021 conference on Tuesday.