Zillow’s chief analytics officer and creator of the Zestimate Stan Humphries announced his retirement in a post last week on LinkedIn. Earlier this year the company announced that Humphries would be stepping down by the end of the year after more than 17 years with the firm.
“With mixed emotions, I report that today is my final day as an official active member of the Zillow team, although I will always remain a Zillow partisan,” Humphries wrote in his post.
In his post, Humphries thanked Zillow executives and founders including Rich Barton, Lloyd Frank, David Beitel and Spencer Rascoff.
Prior to his time at Zillow, Humphries was at another Barton startup, Expedia, until 2005. A year later, Humphries helped Zillow launch the Zestimate, a home valuation tool for the masses.
Despite its popularity with the public, the Zestimate was not well loved by real estate agents, and it came under further fire late last year when Zillow announced it would be shuttering its iBuying program. At the time Zillow defended the Zestimate, but many in the industry saw the wind down of Zillow Offers as evidence of the tool’s weaknesses.
Looking ahead, Humphries wrote that he hopes to spend more time with his family but is also looking into new ventures.
“I’ll be looking for ways to plug into some of my passions ranging from climate research (including fusion energy) to teaching to educational and electoral reform,” he wrote. “I’m looking forward to opening up the aperture again to find something needed where I can be helpful.”
