Episodes

  • News Roundup (part 2), November 2024
    Nov 22 2024

    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 - Introduction to the PPW Podcast 00:00:37 - Scout24 Financial Results 00:08:35 - Adevinta's New CEO and Market Strategy 00:12:38 - Lifull and Lifull Connect 00:25:42 - Lifull + Generative AI 00:30:00 - Simon's go-to AI Tools and Technologies 00:35:05 - CoStar's Office Expansion 00:36:12 - Conference teasers and outros

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    38 mins
  • Taking on a Horizontal Market Leader, with Sarah Wood
    Nov 21 2024

    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!

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    38 mins
  • The U.S. and MLS in Context, with Brian Boero
    Nov 20 2024

    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!

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    38 mins
  • News Roundup (part 1), November 2024
    Nov 19 2024

    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!

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    42 mins
  • Tackling Inefficiencies in Slow Economies, with Matthew Page
    Oct 28 2024

    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

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    52 mins
  • News Roundup, October 2024
    Oct 24 2024

    Simon Baker and Harvey Hancock get together to discuss the biggest stories from the past month.


    0:00 intros0:59 Patient CoStar

    6:15 Underperforming Domain

    10:15 Dominant Hemnet

    14:32 Sellable Homely?

    16:57 Public Dubizzle Group?

    20:20 Noncompliant FangDD

    24:02 Private PropertyGuru

    29:12 Disruptive AI

    30:22 upcoming events, content and outros

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    33 mins
  • Barcelona Conference Roundup (AI version)
    Oct 10 2024

    In a first for the PPW Podcast, Simon and I take the back seat and let artificial intelligence take the lead (really). After a short introduction to set the context, this episode hands over to two non-existent podcasters to discuss all things real estate and conference takeways - all taken from Simon's notes from the on-stage presentations throughout the conference. A stroke of genius, or scary? You decide!

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    18 mins
  • Going Public, a Double-Edged Sword
    Sep 23 2024

    On this week's episode of the PPW Podcast, Simon Baker and Harvey Hancock discuss the complex, expensive and sometimes dangerous experience of being a publicly-listed company. From an overview to the listing and delisting process, to a few anecdotes and "zoom-out" questions, this is an excellent introduction to what being part of public company is really like. 0:00 intros 2:45 Breaking down public companies 9:21 Once you're listed... 12:20 Managing expectations (efficiently) 17:35 What is the profile of a company that is ready to go public? 20:06 Delisting 30:15 Wins and losses 33:25 A company Simon admires 34:30 The future of public vs private ownership 37:10 Final Barcelona conference pitch and goodbyes

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    39 mins