How PropTech is changing the face of the property industry and the importance of regulation, with Michael Stephen Day #110

“We are one of the few countries in the world where our property agents are not regulated…You can commit a crime under the Estate Agency Act in the morning, effectively be struck off, and then open a lettings office in the afternoon, so we have anomalies.”My guest today has one of the most impressive biographies I have ever read. With 45 years’ experience in the property industry Michael Stephen Day is a hugely influential figure in the sector. Having held partner and director roles at AC Frost, Prudential and Connells, in 2003 he founded Integra Property Services, providing a range of business consulting, mentoring and training to the property industry. He is also a director at teclet, an innovative and award-winning platform with CRM and sales products that enable letting agents to make money, save costs and improve service, and Coadjute, which uses blockchain technology to join up existing systems. We talk about how Michael helps agents and professionals in the property sphere with his no-nonsense approach to time & business management and compliance. “There is enough time in the day to achieve everything if you just set yourself up properly,” he says. “The biggest zapper of time is procrastination…You should never look at the same email twice – look at it, make a decision and move on.”We also talk about: The four Ds of time management: Do, Diarise, Dump, DelegateThe biggest compliance issues for property professionals today and how they are costing the industry millions each year.   ROPA and the need for licensing and regulation in the property industry. How blockchain could revolutionise the conveyancing process.  Find out more at Integra-ps.com or follow @integraps on Twitter and @intergrapropertyservices facebook.About The Nicole Bremner Podcast:Nicole Bremner is an investor, speaker, writer, and podcaster. After a successful decade building a multi-million property portfolio in London, Nicole was forced by a number of external obstacles to stop, take stock and figure out what really matters in life.Following a period of healing and reflection, she discovered that what doesn’t kill you makes you stronger and, so very often, setback is followed by real success. On The Nicole Bremner Podcast, she speaks to others who have triumphed in the face of adversity and explores the lessons they have learned along the way.To find out who’s coming up next on The Nicole Bremner Podcast, follow Nicole on Instagram @nsbremner and facebook or subscribe to her YouTube channel.Disclaimer:The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.Support the show (https://www.buymeacoffee.com/NicoleBremner)Support the showDisclaimer: The views and opinions expressed in this podcast belong solely to the host and guest speakers. The view and opinions of the guest speakers do not represent that of the host. Always do your own research.

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Nicole Bremner is an investor, certified financial coach, nutritionist, author and mum-of-three. In 2009, having had a successful career in investment banking, like many women who take a ‘career break’ to have children, she found herself at a crossroads, not entirely sure what path to take next. Combining her financial knowledge with her passion for good architecture and design, Nicole was able to build on her experience and expertise to develop a new career, which fit around her children, and spent the next decade building a multi-million property portfolio in London.  Newly relaunched as Health, Wealth & Wisdom, Nicole interviews some of the interesting people she has met while navigating her (sometimes turbulent) voyage through professional and family life. From charity founders and travelling investors to authors and young entrepreneurs, these are the real tales of real people finding their way in business. Join Nicole as she listens to their stories and the lessons they have learned along the way.  Instagram: http://instagram.com/nsbremnerYouTube: https://www.youtube.com/c/NicoleBremnerFacebook: http://facebook.com/nicolesbremnerX: https://x.com/nicolebremner/Pinterest: https://www.pinterest.co.uk/NSBremner/