Stay in the loop for real estate tips

Buying, selling, or renting? Take your pick!
We’ve got the best tips, straight from the real estate pros.
Know the industry, stay ahead in real estate.

1
Photos From The Sogenal Tower Launch
2
Seven Tips About Home Finance and Real Estate Investing
3
Home Professionals You Should Never Hesitate to Call
4
NIESV Advocates Establishment Of Real Estate Transaction Agency
5
Green Light for N844bn 4th Mainland Bridge
6
FG Earmarks N40bn For Affordable Homes as Housing Crisis Looms
7
Decorating Ideas to Give Your Home a Farmhouse Feel
8
Beyond Banners – Real Estate as a Career
9
How to Make the Most of a Tiny Office
10
Tactful Tips for First-Time Tenants and Landlords

Photos From The Sogenal Tower Launch

Sogenal Group and Eris Property Group on July 14th launched the Sogenal Tower Development in Lagos at the first of many events to be held in key cities across Africa and Europe.

The development, which will be located on the corner of Cameron and Kingsway (Alfred Rewane) Road, will offer 11,560sqm of Grade A leasable space spread out over 14 floors. Read More

Seven Tips About Home Finance and Real Estate Investing

Home loans are the top home financing options for enabling people to fulfill the dream of owning a home. While financial institutions are willing to lend, you need to be aware of how this type of home finance works to avoid disappointment. Familiarizing yourself with a financial product is essential before committing to a transaction or signing a legally binding document.

1. Loan Eligibility

It is important to find out what the specific lending criteria is. Factors that affect your eligibility generally depend on the terms and conditions of particular lenders. Some lenders are more stringent than others and factors range from existing liabilities to your financial capability. Read More

Home Professionals You Should Never Hesitate to Call

There are plenty of home repairs that you can take care of yourself with some simple tools and a little know-how. In fact, it can be fun and empowering to know how to fix minor problems as they arise.

But there are some repairs that are best left to a professional, due to the need for costly, specialized equipment, extensive knowledge or a large work crew. If you try to tackle some of these repairs yourself, you’ll probably end up making things worse or simply putting a band aid on the problem, and it will be more expensive to have a pro come fix it later.

Here are some of the home professionals you should never hesitate to call. Read More

NIESV Advocates Establishment Of Real Estate Transaction Agency

The newly elected president of Nigeria Institute of Estate Surveyors and Valuers (NIESV), ESV Bolarinde Patunola-Ajayi has called on the federal government and State governors to establish Real Estate Transaction department to avoid illegal extortion by quack agents and surveyors.

Briefing newsmen in Abuja shortly after the maiden Council meeting since his assumption of office, he noted that the agency already functional in Lagos State would checkmate the excesses of non-registered agents as provided by the law. Read More

Green Light for N844bn 4th Mainland Bridge

Following a promise made by the Lagos State Government last month, the Memorandum of Understanding (MoU) to kick-start the construction of the 38km 4th Mainland Bridge was signed on May 25th, 2016.

The 4th Mainland bridge will be completed through a Public Private Partnership (PPP) initiative and is expected to cost N844billion. It will be financed by Africa Finance Corporation, Access Bank as well as other private investors who have already signified interest, while Visible Assets Limited will act as the coordinating firm. The new bridge will accommodate three toll plazas, which are still being tested for financial viability. Completion is expected in three years (±2019/2020, depending on when construction starts). Read More

FG Earmarks N40bn For Affordable Homes as Housing Crisis Looms

The Federal Government has earmarked N40 billion in the 2016 budget to implement a comprehensive housing development plan for Nigeria to avert a housing crisis in the country. President Muhammadu Buhari disclosed this last week, in Abuja, at the 35th Annual General Meeting and international symposium of Shelter Afrique, a pan-African real estate finance institution.

Buhari, who was represented by the Minister of the Federal Capital Territory, Muhammed Bello, said for Nigeria to adequately avert a housing crisis in the next four years, it must consciously build one million housing units annually to reduce the current national housing deficit estimated at about 17 million units. Read More

Decorating Ideas to Give Your Home a Farmhouse Feel

Farmhouses carry a certain feeling of nostalgia, even for those of us who didn’t grow up in the village or country-side. If you are fortunate to have had first-hand experience staying or living in a farmhouse, you’ll agree that modern farmhouses are such a beauty to behold and something begging to be experienced again. To bring some of that cozy comfort into your own home, try these design tips:

Sliding Barn Doors

What’s a farm without a barn? You may not have space in your home to put in a loft or ladder, but you can certainly add a sliding barn door to make a bold statement. The door can go on any interior doorway if there is enough space to put runners off to the side. Because visible hardware will look totally natural with a barn door, it doesn’t need to be a “pocket” sliding door. This is good news for you, because it makes it much easier to install. Read More

Beyond Banners – Real Estate as a Career

This article was written by Chinwe Ajene Sagna and it first appeared on JLL’s blog.

There is a general misconception on careers in real estate. I recently spoke to a group of young people who spoke derisively about the profession, describing it as “hustlers who don’t even know the landlords and are going from house to house looking to make small change.” There are a number of these informal estate agents who at best have tenuous relationships with property owners and for the most part act as go-betweens between tenants and principal agents.

These agents interact with many people and end up serving as the public face of the industry, but this is not a true representation of our profession. When you go just below the surface, you find that there is more to a real estate career than hanging banners advertising a property “To Let” or “For Sale”. Read More

How to Make the Most of a Tiny Office

The higher you rise in the company ranks, the larger and nicer your office will be. And if you’re just getting your foot in the door and establishing yourself in your chosen industry, you are probably sharing elbow room with a number of other coworkers, renting an office the size of a closet or sitting in a cramped cubicle all day. If you barely have space to put your coffee, you’re not alone. Here’s how to make the most of a tiny office.

Take Stock

To get started, you need to take stock of your office in its current form. Be thorough in evaluating what can stay and what needs to go. If you inherited a desk with the office, maybe that desk is more trouble than it’s worth (too big, namely). Is the chair hard and comfortable, or difficult to scoot back away from the desk? If you have trouble moving around the office in any way, it will seem more cramped. Get a smaller desk and a simple swivel chair for starters. Read More

Tactful Tips for First-Time Tenants and Landlords

Renting your first apartment or house is an exciting turning point in your life. It can also be stressful, since the huge yearly rent (we envy climes where tenants pay on a monthly basis!) often uses up the bulk of your paycheck. And then there’s the fact that you need to adhere to certain rules and policies, as well as seek out your landlord whenever something goes wrong with the property.

You’ve probably heard worrying stories about absentee landlords. However, most aren’t there to scam tenants. Like any business, they’ll only succeed by providing a quality service. You can do your part by being a model tenant. Here are some ways to do just that: Read More

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