Ed and Simon are joined by former OLX Brasil CEO, Andries Oudshoorn, to talk about his new business, Propmind.Andries shares his journey from founding Bomnegocio, Brazil's first C2C marketplace, to leading OLX Brazil, and now launching Propmind, an AI-driven rental management platform designed to simplify the complexities of rental processes in Brazil. The discussion highlights the challenges and opportunities presented by AI in transforming traditional real estate practices, particularly in a market characterized by bureaucracy and a lack of trust.00:00 Introduction to the Guests and Their Backgrounds01:55 The Evolution of C2C Marketplaces in Brazil04:21 Challenges of Multi-Vertical Classifieds06:37 The Impact of AI on Real Estate12:14 Acquisitions and Market Strategy at OLX14:27 Current Trends in the Brazilian Real Estate Market16:39 Introducing PropMind: A New Approach to Rental Management22:52 The Role of AI in Rental Processes24:49 Go-to-Market Strategy for PropMind31:01 Targeting the Right Customers33:45 Competing with Kinto and R37:49 Building Trust in Brazilian Real Estate41:04 The Challenges of Property Management50:26 Leveraging AI for Better Solutions

Ed and Simon are joined by EIV Founder, Malcolm Myers to discuss the significant drops in share prices of real estate portals despite their reported revenue growth. They explore the impact of AI on the industry, investor sentiment, and the role of private equity in shaping the future of real estate portals. The conversation also delves into the challenges of cross-border M&A transactions and the evolving revenue models for portals.

Harvey, Simon and Mike DelPrete get together for an emergency broadcast after Google appeared to test showing full property listings at the top of its search results last weekend.

Expect AI, monetisation, what this means for market leaders and challengers, and more...

Chapters

00:00 Introductions

03:43 Google's Experimentation with Real Estate Listings

06:25 Understanding the MLS and Listings

09:42 Google and AI Integration

18:27 Navigating the Zero-Click Universe

25:30 Share prices drops all round

30:45 Closing thoughts and goodbyes