Scout24 SE (G24n.DE): Is there upside risk to consensus forecasts for private subscribers?

We recently hosted Scout24 management at both our San Francisco and European Communacopia conferences. Our key takeaway from investor meetings is that the company has begun to offer new products that could potentially help reduce churn in its private subscription business. At the beginning of September Scout24 launched "Deposit Guarantee+", a product to help tenants with their security deposit: for a €3k security deposit (three months' rent), it offers a subscription at €11.75 per month, currently through insurance partner Sparkassen Versicherung. Scout24 knows when a tenant moves because the customer cancels their Search+ subscription, so it can market the product with low customer acquisition costs. Management also discussed a not-yet-operational rental guarantee under which the tenant pays rent to Scout24, which passes it to the landlord and takes a commission. If these products gain traction, the market may have to revise up its forecasts for private subscribers. Germany has the hi