Real estate industry is a dynamic field with individual functions. These functions are performed by individuals with different operational titles to coordinate real estate activities. From property development, real estate sales, management, support, etc to ensure smooth transactions. In this blog post, we identified various operational titles that carry out day-to-day activities in the real...
Nigeria’s real estate market is influenced by various factors that can significantly impact prices, investment opportunities, and overall stability. In this blog post, we highlighted key factors that affect the real estate market in Nigeria. Economic Factors Interest Rates: interest rates on property loan and mortgage typically stimulate demand for real estate. With low interest...
Real estate, a tangible asset, has long been considered a cornerstone of wealth building. It is a physical property, including land and buildings, that can be owned, bought, sold, or rented. Understanding the different types of real estate can help you make informed investment decisions. In this blog post,we highlighted three (3) primary categories of...
When you are considering real estate investment, you should never overlook the property location as a minor detail. It is an important factor that affects a property’s value, rental income, and its overall return on investment (ROI). An investment in a well located property can provide a solid foundation for long-term financial growth and stability....
Acquiring property is one of the most significant financial decisions an individual or business can make. Whether you’re a first-time homebuyer, a seasoned investor, or a developer, understanding what influences the cost of acquiring property is essential to making a sound investment. While many believe that location is the only major factor, there are several...
When it comes to real estate, whether you’re buying, selling, or investing, one key process that can never be overlooked is property appraisal. It’s the foundation upon which the true value of a property is determined. If you’re new to the world of real estate, property appraisal might sound like a complex term, but it’s...
Nigeria, one of the most populous countries in Africa is experiencing a rapid real estate market growth and this can be attributed to rapid development and urbanization, population growth and an increasing demand for both residential and commercial properties. As the country continues to develop, it has paved the way for various investment opportunities, particularly...
The adage goes, “The best time to buy a house is five years ago, and the second-best time is right now!” While this advice may sound urgent and straightforward, it’s essential to consider several factors before embarking on the journey of home ownership. Think of yourself as a soldier preparing for battle, ensuring all your...
2021 was quite a year for the real estate market. Despite the harsh economy and the rising cost of building materials, the industry recorded a 3.85 percent growth in the second quarter of of the year, representing its highest growth in six years. 2022 will be an especially challenging year for investors due to uncertain...
