News Roundup (part 1), November 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!