Real Estate Experts

1
2016 Outlook on Lagos Housing Development
2
Richard’s Court, an Elegant Development in the Heart of Maryland
3
Thinking of Getting a Mortgage In Nigeria? Important Things You Should Know
4
Tips to Becoming a Successful Estate Agent
5
Lagos Ranked Among Least Liveable Cities Globally
6
Nigeria falls to 4th Position in African Retail Index
7
Why Online Reviews Are So Important For Real Estate Agents

2016 Outlook on Lagos Housing Development

The real estate industry across Nigeria in Q1 of 2016 has performed generally below market expectations. Some attribute this to the prevailing economic conditions in the country especially the continued fall of the Naira against the Dollar, the limitation on access to forex placed by the government and the yet-to-be signed 2016 budget.

Download the ReportNotwithstanding the gloomy result of Q1 2016, Lagos, due to its sheer size, demands and economic leverage, will experience growth in 2016.

In this report, prepared by Residential Actions Company (RAC), the author focused on the Lagos real estate market and put pieces together than can be of great use to the real estate investor.

Download the report here: Spotlight On Lagos Housing Development Market [PDF]

Richard’s Court, an Elegant Development in the Heart of Maryland

There are a number of luxurious apartments around Lagos, but their prices can be very expensive, far above what most middle class can afford. The property location is also important. Richards Court, a new development in Mende Maryland, Lagos, however, is an exception. It is a luxurious apartment, located in one of the most developed areas in Lagos and it is quiet affordable.

Developed by Richards Brainsworth Limited, one of the most prolific developers in Lagos. Richards Court is a fantastic and competitive piece of modern building. It is a gated and fully-serviced residential estate with all the features and amenities you would expect from a standard estate. Read More

Thinking of Getting a Mortgage In Nigeria? Important Things You Should Know

Housing delivery system in Nigeria is a combination of many interrelated components which include land, infrastructure, building materials, policies, building regulations and more importantly the finance component. Finance in housing delivery is very important because of the huge financial requirement for housing production. Many researches have been conducted along this line by scholars in the building industry and suggestions were made on the need to strengthen the cooperative housing system in Nigeria in order to ameliorate problem of housing finance. Read More

Tips to Becoming a Successful Estate Agent

Real estate agency is a highly paying and rewarding business or job, but like any good things, it comes with a catch. There are too many real estate professionals who entered the business for what they perceive as easy big money commissions. Few months down the line,they find out the hard way that they’ve over-simplified what it will cost them to get, initiate and land deals. There are monetary costs and a lot of work is required to be successful.

Too many newbie real estate agents fall within their first year because they didn’t develop a plan and follow it for success in becoming a real estate agent.

The following are some of the “secrets” of  a successful real estate agent:

They return calls and emails at lightning speed: These are the people that get a lead and don’t let it go. They immediately make contact and they follow up. They answer any questions and are happy to stay on the phone with nervous clients. They are the warriors of email, text, and phone and they keep that rhythm right up through the whole transaction, one agent calls it his land, sea, and air approach, reaching out to clients through as many channels as possible in the beginning even using Skype.   Read More

Lagos Ranked Among Least Liveable Cities Globally

New analysis from the Economist Intelligence Unit (EIU) has shown that Lagos maintained its position at #137 in a survey examining liveability conditions in 140 cities across the world. Similar to 2014, Lagos ranked with the likes of Damascus in Syria, Dhaka in Bangladesh and other cities in Zimbabwe and Libya.

The liveability score is reached through analysis of five category weights, that consider factors like Stability, Healthcare, Culture and Environment, Education and Infrastructure. These indicators are scored and weighted to produce a rating, where 100 means that liveability in a city is ideal and 1 means that it is intolerable. Lagos scored 39.7. Read More

Nigeria falls to 4th Position in African Retail Index

A.T. Kearney’s 2015 African Retail Development Index (ARDI) placed Nigeria in 4th position, two places lower than its ranking in 2014 as a result of comparatively low true spending and difficult business environment. The Index covers the top 15 retail markets in Sub-Saharan Africa (SSA), ranking each on a 0 to 100 point scale, where a higher ranking means greater urgency to make an entry into the country. The scores were based on market attractiveness, country and business risk, market saturation and time pressure. Read More

Why Online Reviews Are So Important For Real Estate Agents

In todays marketplace, information is everything. The internet have democratize the accessing and dissemination of information. When you meet new people, you google their name to quickly know who they are. When you hear of a new company, you fire up your search engine to know all about them.

Now, imagine there is little or no information about you found online. Today’s consumers make their decision based on the information available to them, especially when it is positive information. This is why your online profiles must be well polished with enough information to aid potential consumers know more about you and to judge your professionalism. Read More

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