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.

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.

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

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.

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 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

On this week's episode, Joe Hanna from Fusion 4 Ventures joins Simon Baker and Harvey Hancock to discuss all things scaling and exiting. With multiple exits under their belts, Simon and Joe get into basics, wrong turns, and pragmatism, among other topics.

Please note there are some audio issues in this episode - but the conversation was good enough to warrant publishing the conversation anyway. Apologies for any inconvenience for listeners - keep your fingers on that volume button.

00:00 Introduction and Updates

02:58 Scaling and Exiting in the Real Estate Industry

08:04 Challenges and Strategies in Scaling and Exiting

14:51 The Connection Between Scale and Exit

19:07 Top Mistakes in Scaling and Exiting

21:28 Preparing for an Exit: Growth, Profitability, and Cost Synergies

24:35 Reducing Key Person Risk and Ensuring Company Independence

26:49 The Role of Fusion 4 Ventures in the Acquisition Process

28:53 Flexible Payment Schemes for Advisory Services

40:21 The Importance of a Realistic Understanding of the Process and Valuation