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The video does a nice job examining Zillow pricing and the accuracy of their Zestimate feature. The above Real Estate information on are Zillows home value estimates accurate was provided by Bill Gassett, a Nationally recognized leader in his field.
Although an in-depth analysis of the accuracy of expectations is beyond the scope of this research (see Jussim, 1989, 1991, 1993; Jussim & Eccles, 1992, 1995a; Jussim et al., 1996), we present a brief overview here of how accuracy and inaccuracy in expectations are represented in this model.