
Using Pre-market Listings And A Unique Network To Take On Hemnet, With Boneo CEO, Fredrik Engdahl
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
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