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

Harvey and Ed discuss the Swedish real estate market with Fredrik Engdahl, CEO of Boneo. They explore the unique aspects of the Swedish market, including the prevalence of pre-market listings and the vendor-paid model. Fredrik explains Boneo's strategy to challenge the market leader, Hemnet, by focusing on value creation for agents and sellers. The conversation delves into the importance of marketing, the role of AI in real estate, and the dynamics of agent-backed portals. Fredrik shares insights on how Boneo differentiates itself through its unique offerings and plans for future growth.

Chapters

00:00 Introduction to the Swedish Real Estate Market

03:23 Understanding Bonneo's Role in the Market

06:02 The Ideological Shift in Property Portals

09:02 Bonneo's Unique Value Proposition

11:57 Marketing Strategies and Challenges

15:14 Pre-Market Listings and Their Impact

18:11 Leveraging Data for Competitive Advantage

20:57 The Future of Property Portals and AI

25:26 The Rise of Pre-Market Listings in Sweden

30:22 Hemnet's New Payment Strategy and Its Implications

36:00 Bonneo's Marketing Strategy and Investment

40:16 Creating Awareness: The Importance of Value Proposition

46:47 Lessons Learned from Building a Network of Pre-Vetted Buyers

Ed, Simon and Harvey discuss the latest developments in the real estate marketplaces industry, focusing on REA Group's integration with OpenAI, M&A news, and market updates. They delve into Zillow's recent controversy regarding climate risk scores and highlight product innovations from various real estate portals. The conversation wraps up with insights on the upcoming conference in Bangkok.00:00 Introduction and Personal Updates01:57 REA Group's Integration with OpenAI13:31 Acquisition of Neighborlytics by REA Group21:16 Partnership with Ray White and Market Insights24:15 Exploring Square Yards and Baltic Classifieds28:11 Zillow's Climate Risk Controversy34:04 The Information Dilemma in Real Estate38:03 Innovations in Rental Market Solutions47:23 Upcoming Conference Insights

In this news roundup episode, Harvey and Simon discuss...Domain and REA Group Traffic Jibes, Bien'Ici's ambitious market leadership plan, Swiss Marketplace Group Acquisition post-IPO, Zillow lawsuit update, plus all the Financials

Chapters

00:00 Introduction and Conference Updates

04:11 Traffic Wars: Domain vs. REA Group

12:01 User Experience at Domain

14:59 Bien'Ici's Ambitious Goals in France

24:23 Swiss Marketplace Group's Public Debut and Acquisitions

32:37 Zillow's Legal Troubles Update

42:53 Financial Results for Prosus and Cian

46:59 PropTech Jobs and outros

Ed, Harvey and Simon discuss potential lawsuits against Rightmove and Zillow, the impact of AI investments on Rightmove's share price, and financial updates from major real estate companies. The conversation highlights the ongoing challenges and legal issues faced by these companies, as well as the evolving landscape of PropTech and real estate marketing.

Ed, Simon and Harvey discuss the restructuring of SeLoger in France, the potential sale of Yad2 by Aviv Group, the cancellation of Dubizzle Group's IPO, and financial highlights from major marketplaces like Scout24. The conversation also highlights emerging trends in product innovation, particularly the rise of AI search functionalities in real estate portals.