Ralf Weitz

"Together with our teams we will continue to consistently implement our defined strategy around interconnectivity, simplifying all real estate-related processes and increase market transparency for our customers."

— Ralf Weitz

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Overview

Ralf Weitz
Born	1977 (age 48–49) Berlin, Germany
Citizenship	German
Education	Master's degree in Economics
Alma mater	Freie Universität Berlin
Occupation	Business executive
Employer	Scout24 SE
Known for	Leadership of ImmoScout24 real estate marketplace
Title	Chief Executive Officer
Term	1 March 2025 – present
Predecessor	Tobias Hartmann
Board member of	Scout24 SE

🧑‍💼 Ralf Weitz (born 1977) is a German business executive who has served as chief executive officer (CEO) of Scout24 SE, the owner of the ImmoScout24 online real-estate marketplace, since 1 March 2025. He has spent most of his career at Scout24, holding roles including chief commercial officer (CCO) and chief product & technology officer (CPTO) before his promotion to CEO. Previously, Weitz worked in corporate finance and mergers-and-acquisitions advisory roles and was closely involved in the group’s strategic transformation, notably the sale of its AutoScout24 car classifieds unit and the expansion of subscription services for tenants and real-estate professionals.

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Early life and education

🎓 Berlin upbringing and studies. Ralf Weitz was born in 1977 in Berlin, where he grew up before studying economics at Freie Universität Berlin; he graduated with a master's degree in 2002. From early on he showed an interest in the practical application of economics and business, gravitating towards roles that combined analytical work with exposure to companies and markets.

🌏 Early career in corporate finance. After completing his studies, Weitz embarked on a career in corporate finance and mergers-and-acquisitions consulting, working on international mandates that took him well beyond Germany. In his twenties he headed the China operations of a German corporate finance firm, based in cities such as Beijing and Shanghai, an assignment that exposed him to cross-border deals, cross-cultural management and strategic risk-taking in unfamiliar markets. This period abroad later came to be seen as formative for his global outlook and comfort with operating in fast-changing business environments.

📡 Move into digital classifieds. By the late 2000s, Weitz decided to pivot from advisory work to the emerging digital economy. In 2008 he returned to Germany to join Scout24, then an up-and-coming online classifieds group still owned by Deutsche Telekom, marking the start of a long association with the company that would come to define his career.

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Career at Scout24

🏗 Business development and consumer services. Weitz began at Scout24 in business development, where he focused on broadening revenue streams beyond basic listings and helped to build up the group’s Consumer Services segment, adding value-added offerings such as financing, insurance and moving services around its classifieds platforms. The development of these adjacent services turned complementary products into a meaningful source of growth and highlighted his entrepreneurial approach within a corporate setting.

🏦 From telecom subsidiary to listed company. As Scout24 evolved from a telecom-owned unit into a standalone digital company, Weitz rose through the ranks into senior management and was involved in key stages of the group’s corporate trajectory, including Deutsche Telekom’s divestment of Scout24 and the company’s subsequent initial public offering (IPO) on the Frankfurt Stock Exchange in 2015. These episodes strengthened his experience in corporate strategy and investor communication, complementing his operational responsibilities.

🚗 Leadership at AutoScout24 and divestiture. In 2017 Weitz became chief sales officer of AutoScout24, the group’s automotive marketplace, and an authorised signatory of the subsidiary, taking charge of its commercial strategy and customer relationships. Under pressure from activist investor Elliott Management to unlock value, Scout24 decided to sell the car classifieds business; Weitz played a central operational role in the divestiture, which culminated in the sale of AutoScout24 to private equity firm Hellman & Friedman in 2019 for about €2.9 billion, corresponding to roughly 26 times EBITDA. The transaction allowed Scout24 to concentrate on its core real-estate operations and returned substantial proceeds to shareholders, while demonstrating Weitz’s ability to steer complex deals under intense external scrutiny.

📊 Chief commercial officer for Scout24. After the sale of AutoScout24, Weitz’s remit widened further. In December 2018 he was appointed chief commercial officer of Scout24 Group and joined the management board, assuming responsibility for all sales and customer-facing activities across the company’s marketplaces, including ImmoScout24, Germany’s leading online real-estate portal. In this role he oversaw commercial strategy during a period of sustained expansion in the German property market, integrated selective acquisitions in digital real-estate services into Scout24’s sales processes and championed a data-driven approach to sales funnels and client relationship management.

📈 Growth, subscriptions and shareholder returns. During the early 2020s Scout24 focused increasingly on real estate and recurring revenue streams, a strategic direction in which Weitz played a major part. The company rolled out subscription products for consumers and real-estate professionals—such as premium offerings like MieterPlus/TenantPlus and other "Plus" services on ImmoScout24—designed to provide enhanced visibility and additional features for a monthly fee. Over the years in which Weitz sat on the executive team, Scout24 reported an average annual total shareholder return of around 18 percent, significantly ahead of major German stock indices such as the DAX and MDAX, reflecting both the focus created by the AutoScout24 sale and the monetisation of new digital services.

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Chief product and technology officer

💻 Shift into product and technology leadership. In January 2023 Weitz moved from the top commercial role into product and technology when he was appointed chief product & technology officer of Scout24, a position that placed him in charge of product development, marketing, IT and data analytics for the group. The move was relatively unusual within the company, underscoring both his long tenure and his familiarity with the underlying platforms and customer needs.

🧪 Product innovation and platform digitisation. As CPTO, Weitz oversaw initiatives to further digitise and personalise the ImmoScout24 platform, promoting projects such as AI-driven property valuations, enhanced recommendation systems and expanded digital mortgage-brokering services. Outgoing CEO Tobias Hartmann remarked that Weitz "knows the company and the markets like no one else", highlighting the breadth of his experience across functions and his ability to translate market demands into technical roadmaps. During this period Scout24 continued to post double-digit annual revenue growth despite a cooling real-estate environment, a performance attributed in part to the subscription-based and digital services introduced under Weitz’s leadership in commercial and product roles.

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Chief executive officer of Scout24

🏢 Appointment as chief executive. In December 2024 Scout24’s supervisory board announced that Weitz would succeed Tobias Hartmann as chief executive officer of Scout24 SE with effect from 1 March 2025, and that he would initially continue to hold the CPTO portfolio in parallel under a five-year contract extending to 2030. Supervisory board chair Hans-Holger Albrecht cited Weitz’s long experience at Scout24, his record in driving growth and his product expertise as key reasons for the appointment.

🌐 Strategic focus on interconnectivity and recurring revenue. As CEO, Weitz has articulated a strategy centred on what he terms "interconnectivity", positioning ImmoScout24 not only as a listings site but as an integrated digital ecosystem that links renting, buying, financing and ancillary services such as moving, home-valuation tools and energy-efficiency certificates. He has emphasised the expansion of subscription products for consumers and real-estate professionals as a way to stabilise earnings against cyclical swings in property listings, and under his leadership Scout24 has targeted a fifth consecutive year of double-digit revenue growth in 2025.

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Compensation and shareholdings

💶 Executive remuneration. Scout24’s 2024 compensation report states that on assuming the CEO role in 2025, Weitz received a base annual salary of €952,000 and target total remuneration of around €3.15 million, with the potential to rise to approximately €3.3 million in subsequent years depending on performance against financial and shareholder-return benchmarks. In 2024, his final full year as CPTO, his total remuneration amounted to about €1.49 million, illustrating the step change in variable and equity-linked components that accompanies the chief executive position.

💼 Share ownership and alignment with shareholders. In addition to management equity programmes, Weitz has periodically bought Scout24 shares on the open market; in October 2025, shortly after becoming CEO, he acquired roughly €50,000 worth of Scout24 stock in a single transaction, one of several purchases disclosed in directors’ dealings filings. These holdings represent a small fraction of the company’s share capital but are intended to reinforce the alignment of his financial interests with those of other shareholders.

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Personal life and leadership style

🏡 Private life in Berlin. Weitz is based in Berlin, where Scout24’s ImmoScout24 unit is headquartered, and is married with a family, although detailed information about his spouse and children has not been widely publicised, consistent with his preference for keeping his private life out of the public eye.

🧭 Management approach and reputation. Colleagues and analyst profiles describe Weitz as analytical and collaborative, combining detailed knowledge of product and technology with a strong focus on commercial metrics and customer relationships. Having progressed through sales, product and general-management positions at Scout24, he is regarded internally as someone who "knows the numbers" and "knows the customers", helping to bridge the gap between technical teams and commercial functions and to maintain a level-headed tone in high-pressure situations such as major transactions.

🤝 Engagement with the wider sector. Outside Scout24, Weitz has taken part in industry conferences and events in the Berlin technology ecosystem, where he has spoken about subjects such as digital innovation in housing markets and the role of online platforms in increasing market transparency for renters and buyers, but he maintains a relatively low public profile and has little visible presence on social media.

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Sustainability and governance

🌱 ESG initiatives at Scout24. Within Scout24’s governance framework, Weitz co-chairs the company’s sustainability committee alongside the chief people and sustainability officer, reflecting his role in integrating environmental, social and governance (ESG) objectives into corporate strategy. Under his oversight the company has joined the United Nations Global Compact and committed to its principles on human rights, labour standards, environmental protection and anti-corruption, while also pursuing initiatives such as carbon-neutral operations for offices and data centres and diversity measures in leadership roles.

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Controversies and challenges

⚖️ Activist investors and strategic pressure. One of the most prominent tests of Weitz’s leadership came during the engagement of activist investor Elliott Management in 2019, when the fund argued that Scout24’s real-estate and automotive classifieds businesses would be more valuable if separated; the subsequent sale of AutoScout24 to Hellman & Friedman for about €2.9 billion was widely viewed as a value-creating transaction for shareholders, though later analysis questioned whether management should have moved earlier without external pressure. The episode highlighted both the benefits of responding decisively to activist demands and the challenge of anticipating such strategic shifts internally.

💡 Monetisation strategy and customer perceptions. Commentators have also noted tensions between Scout24’s aggressive push into subscription products and premium listings and concerns among some real-estate agents and users about rising fees, with Paragon Intel observing that while Weitz is regarded as an effective operator for subscription growth, customer friction around pricing and perceived "nickel-and-diming" represents a potential risk if not carefully managed. At the same time, Weitz has emphasised in interviews that initiatives such as verified listings, landlord checks and enhanced transparency tools are intended to support the platform’s value proposition for both professional clients and consumers.

🛡 Regulatory and data-protection context. Scout24 operates within the European Union’s digital and competition regulations, and during Weitz’s tenure overseeing product and technology the company has emphasised compliance with the General Data Protection Regulation and investment in cybersecurity; there have been no major publicly reported data-breach or antitrust cases involving Scout24 in this period. This focus on regulatory compliance and data security forms part of the company’s broader risk-management approach.

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Legacy and assessment

📚 Long-term role at Scout24. Although his tenure as chief executive has only recently begun, Weitz has already played a central role in Scout24’s evolution from a telecom-owned classifieds portfolio to a focused digital real-estate ecosystem, and he is widely regarded within the company as an insider leader who combines institutional memory with continuity of strategy. His long service at Scout24, spanning business development, commercial leadership, product and technology and ultimately the CEO role, has given him an unusually broad perspective on the group’s operations.

🚀 Emerging legacy. Observers point to Weitz’s involvement in landmark transactions such as the AutoScout24 sale, his advocacy of subscription models and his articulation of an "interconnectivity" strategy as defining elements of his emerging legacy at Scout24, while noting that future market conditions in the German real-estate sector will test the resilience of this model. Supporters see in his record a willingness to adjust the business portfolio and revenue model when necessary, whereas critics emphasise the importance of maintaining customer satisfaction as subscription intensity increases.

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