In this episode, Property Solvers' Ruban Selvanayagam is joined by Neil Singer, founder of the online property sales platform, Click to Purchase. Neil, a qualified chartered surveyor with extensive experience in commercial property transactions, has been a pioneer in incorporating blockchain technology into the UK property market.Listeners will hear about Neil's career journey, starting with traditional methods of property sales and leading to his groundbreaking work in transforming the buying and selling process. He shares how the financial...
In this episode, Property Solvers' Ruban Selvanayagam is joined by Neil Singer, founder of the online property sales platform, Click to Purchase. Neil, a qualified chartered surveyor with extensive experience in commercial property transactions, has been a pioneer in incorporating blockchain technology into the UK property market.
Listeners will hear about Neil's career journey, starting with traditional methods of property sales and leading to his groundbreaking work in transforming the buying and selling process. He shares how the financial crash of 2008 led him to explore digital tools, which eventually resulted in the creation of Click to Purchase - a platform that uses blockchain to offer quick, legally-binding property transactions with full transparency.
Throughout the conversation, Neil explains how blockchain technology ensures secure, immutable transactions, and the impact of this innovation on the property industry. He also discusses the limitations of blockchain in real estate and why he believes the future lies in the power of data sharing rather than blockchain hype.
This episode is packed with insights into the evolving landscape of real estate, the practical applications of cutting-edge technology, and Neil’s vision for how the property market will continue to change in the coming years.
#BlockchainProperty #BlockRealEstate #SellProperty #BuyProperty #SellHouse #SellHomes #BuyHomes
LINKS (RESOURCES) REFERRED TO IN THE PODCAST
Click to Purchase
SV International Network
Follow Neil Singer on LinkedIn
RELEVANT LINKS
Property Solvers Investor Profiling
Become an Auction Partner
Property Solvers (Sell House Fast)
Property Solvers (We Buy Any House)
Property Solvers Auctions
Property Auctions News
How to Value Your House
TIMESTAMPS
00:10 - Introduction of Neil Singer and Click to Purchase property sales platform
00:56 - Neil’s career background in property sales
02:03 - Transition from traditional property sales to online (including auctions)
02:53 - Development of Click to Purchase and blockchain in real estate
04:02 - Rise in online property sales post-Covid
04:47 - Explanation of blockchain’s origin and use
05:54 - Blockchain’s immutability and distributed ledger
08:32 - Blockchain prevents alterations in transactions
11:07 - Blockchain security benefits via distributed ledger
12:25 - Blockchain application in property transactions
14:45 - Explanation of digital wallets and cryptocurrency
15:35 - How Click to Purchase property sales work
18:44 - Transparency in the Click to Purchase process
20:51 - UK vs international property buying processes
21:22 - Property surveys and due diligence in transactions
22:14 - Click to Purchase’s international network expansion
23:23 - Regulatory adjustments for blockchain across jurisdictions
24:30 - Neil’s involvement in digital document execution
26:27 - Limitations and future of blockchain technology
29:05 - Anti-money laundering challenges for blockchain
30:32 - Lack of backing for cryptocurrency explained
32:28 - Transition to technology-driven property transactions
33:55 - Tokenisation syndication and real estate investments
36:56 - Resistance to technology adoption in property industry
38:49 - Importance of data in property industry
40:00 - Closing and how to contact Neil Singer
