Ed and Simon are joined by Giles Thorne (Head of European Internet Research at Jefferies) to discuss the threat posed to real estate portals by AI.

They explore investment strategies, the role of private equity, and the influence of major players like Google. The conversation emphasises the need for progressive management and the potential for M&A activity to reshape the industry. The episode concludes with a framework for evaluating real estate platforms and insights into the future of the market.

Chapters

00:00 Introduction to the PPW Pod and Guests

04:01 The Threat of AI to Real Estate Marketplaces

09:37 Data's Role in Real Estate Platforms

12:25 The Importance of Local Data and Insights

15:29 Personalization and User Experience in Real Estate

19:24 Investment Strategies and Market Dynamics

23:25 Class Action Lawsuit Against Rightmove

33:21 Framework for Assessing AI Threats to Portals

35:22 Understanding Market Dynamics in Real Estate Platforms

37:48 The Importance of Customer Relationships

39:41 Navigating Technological Expectations

42:18 Investment Opportunities in Real Estate Stocks

45:15 The Role of Private Equity in Market Recovery

48:03 The Influence of Analysts on Market Strategies

49:01 Google's Impact on Real Estate Portals

52:17 M&A Dynamics in Real Estate

55:49 The Future of Under-Invested Platforms

58:41 The Shift in Investment Strategies

01:00:50 Evaluating Market Leaders and Innovators