The PPW Podcast

Harvey Hancock and Simon Baker get together to discuss recent financial results around the world and other news stories from the world of real estate online marketplaces and proptech industries. Part 2 of 2. 00:00:00 [https://www.youtube.com/watch?v=1aJlT3_ih88&t=0s] - Introduction to the PPW Podcast 00:00:37 [https://www.youtube.com/watch?v=1aJlT3_ih88&t=37s] - Scout24 Financial Results 00:08:35 [https://www.youtube.com/watch?v=1aJlT3_ih88&t=515s] - Adevinta's New CEO and Market Strategy 00:12:38 [https://www.youtube.com/watch?v=1aJlT3_ih88&t=758s] - Lifull and Lifull Connect 00:25:42 [https://www.youtube.com/watch?v=1aJlT3_ih88&t=1542s] - Lifull + Generative AI 00:30:00 [https://www.youtube.com/watch?v=1aJlT3_ih88&t=1800s] - Simon's go-to AI Tools and Technologies 00:35:05 [https://www.youtube.com/watch?v=1aJlT3_ih88&t=2105s] - CoStar's Office Expansion 00:36:12 [https://www.youtube.com/watch?v=1aJlT3_ih88&t=2172s] - Conference teasers and outros

Join us in this episode of the PPW podcast as hosts Harvey Hancock and Simon Baker sit down with Sarah Wood from realestate.co.nz. Discover the unique landscape of the New Zealand property market and how realestate.co.nz has thrived for 28 years as an industry-owned platform. Sarah shares her thoughts on the challenges and opportunities of operating in a competitive environment dominated by major players like TradeMe. Learn about the innovative features that have driven user engagement and how they are leveraging AI with their assistant, Tahu. Subscribe for more insights from the world of real estate and prop tech! 0:00 - Introduction to the PPW Podcast 0:30 - Overview of Realestate.co.nz 05:02 - User-Centric Product Development 06:36 - Innovation Tournaments and Idea Testing 08:08 - Successful Product Features: Listing Minimize and Price Change History 10:55 - Introduction of AI Product: Tahu 13:56 - Competing with TradeMe 21:13 - Comparing with Australian Market Leaders 22:00 - High Intent Market and Consumer Experience 29:13 - Building a Strong Leadership Team 30:02 - Hiring for Industry Experience vs. Fresh Perspectives 36:43 - Outros Follow us on linkedin: https://www.linkedin.com/company/property-portal-watch Check out - www.onlinemarketplaces.com Listen to the full episode on your favourite podcast platform!

Welcome back to the PPW Podcast! In this episode, host Harvey Hancock is joined by Simon Baker and our first repeat guest, Brian Boero from 1000 Watt. Together, they dive deep into the current state of the U.S. real estate market, exploring the challenges and changes within the Multiple Listing Service (MLS) system. Key topics discussed include: + An overview of the sluggish U.S. real estate market and the impact of interest rates. + The unique structure of the MLS and its significance in real estate transactions. + The implications of recent legal settlements on commission structures and agent behaviour. + The rise of Homes.com and its competition with Zillow and Realtor.com. + The evolving role of AI in real estate, from marketing to transaction processes. + Future of the real estate industry and the potential for a more streamlined market. Don't forget to like, subscribe, and hit the notification bell for more episodes! Timestamps: 00:00 - Introduction 00:23 - Overview of the U.S. real estate market 01:46 - Understanding the MLS 04:38 - Factors driving change in the market 06:20 - The role of Homes.com 08:42 - Realtor.com’s position in the market 10:26 - The impact of ad spending 12:58 - Future predictions for Zillow and Realtor.com 17:01 - Legal settlements and commission structures 19:04 - The role of AI in real estate 25:46 - Conclusion and future outlook Follow us on linkedin: https://www.linkedin.com/company/property-portal-watch Check out - www.onlinemarketplaces.com Listen to the full episode on your favourite podcast platform!

Harvey Hancock and Simon Baker get together to discuss recent financial results around the world and other news stories from the world of real estate online marketplaces and proptech industries. Part 1 of 2. 0:00 - Introduction to the PPW Podcast 0:21 - Overview of Financial Results in the US 0:40 - CoStar's Performance and Competitors 1:02 - Realtor.com's Declining Market Share 3:05 - Impact of Homes.com on Competitors 5:28 - Zillow's Revenue Growth and Challenges 10:31 - Zillow's Segment Revenues: Rentals and Mortgages 12:35 - Redfin's Struggles and Market Share Issues 15:10 - Opendoor's Financial Losses and Layoffs 20:07 - REA Group's Strong Performance 25:08 - Potential Acquisition Rumors for REA 30:55 - Rightmove's Market Position and Challenges 35:34 - Future of Portals and Market Dynamics 40:16 - Conclusion and Teaser for Next Episode Follow us on linkedin: https://www.linkedin.com/company/property-portal-watch Check out - www.onlinemarketplaces.com Listen to the full episode on your favourite podcast platform!

Matthew Page is Commercial Director at Ringier South Africa, a tech hub creating and distributing top-level software solutions to classifieds marketplaces worldwide. In this week's episode, Matt joins Simon Baker and Harvey Hancock to discuss what Ringier is working on, trends across different markets and economies, and what we can learn from Africa. 0:00 intros 3:00 Matthew and Ringier 8:00 Ringier's appearance in Barcelona 9:55 What are the use cases for Ringier tech? 13:00 "It's what you send, not how you send it" 15:00 Tech that does the 'donkey work' 20:00 Implementation and methodology 23:45 Pricing 26:07 Global trends in classifieds 29:21 Profitability challenges of being bloated 31:00 Agent Monetization Models from Ringier's perspective 35:00 Market scraping for sales-focused data analysis 38:15 Scraping without tech expertise 41:01 Bonus Conversation - Business lessons from Africa 45:15 Mobile first 48:10 AI prefers simplicity 49:25 outros