E122 That Great Business Show Adam Ferguson, Chief Commercial Officer, Daft.ie tells us about Daft's expansion plans in the real estate business. He's also a man of many pivots as he explains how studying Ag. Science led to selling houses! Daft.ie has...300,000 people viewing online (in Ireland only) every day!!! He wants more transparency in online bidding so buyers can bid 24-hours a day - and buyers can also see what level the most recent bid is at. They have also introduced a valuation function that can, where possible, what a house should be worth. And, are they going to become a mortgage broker? Interestingly for auctioneers, Virtual Reality doesn't look like it's going to replace estate agents in the short term, he says. He also says they may have a tool that will help keep the tyre-kickers (and nosey neighbours) away from viewings. He wants renters to get credit for their history of paying rent over years.His 'hire in a heartbeat', Henry Ford AND his boss, Brian Fallon, co-founder of Distilled MediaColm Fagan, former Society of Actuaries President, shares his radical (and award winning) solution on how the 700,000 Irish citizens currently without pensions, can extract a much better pension at up to half the costs from the Government's proposed Auto-Enrollment scheme. It's so good he has tried to patent the idea! We keep it simple on That Great Business Show, so what he says is totally comprehensible. And why has he seen pushback from the State authorities in charge of auto-enrollment? Because, they say it hasn't be tried. But, as he also says, that's because he's only just revealed his idea and it hasn't been done anywhere else in the world. He quotes Homer Simpson's response, 'D'Oh!'. He wants the ESRI to check out the idea and to give it a thumbs up or down. We'll also be showing it to the Sage of Omaha, Warren Buffet. Who would he 'hire in a heartbeat' - his co-worker on this idea, actuary Brian Woods.And we formally launch the FaganWoods solution With thanks to DoneDeal.ie Find all episodes at www.ThatGreatBusinessShow.com Hosted on Acast. See acast.com/privacy for more information.

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