Technology Corner
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Zillow: Zestimate AVM will improve 13 percent
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After nearly two years of competition among more than 3,800 teams from 91 countries, Zillow conducted a contest awarding a $1 million prize.
The contest was held to improve the accuracy of the Zestimate, the company’s automated valuation model (AVM). The winning team improved the AVM by 13 percent.
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