Home Real Estate A viral TikTok accuses Zillow and its competitors of manipulating the housing...

A viral TikTok accuses Zillow and its competitors of manipulating the housing market. Here’s what’s really going on

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Are companies like Zillow ZG and Redfin RDFN manipulating home prices by purchasing properties across the country? That’s what one real-estate agent claims in a video that went viral on the social-media platform TikTok — but real-estate experts say the reality is much more complicated.

In a video that’s garnered more than 2.4 million views on TikTok, Nevada real-estate agent Sean Gotcher criticizes the “iBuying” business model, where companies buy and sell homes for a profit. In the video, he proposes that a nameless company…

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