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Yearly Archives: 2015

How the ‘unemployed’ can work as a real estate agent in Nigeria

dark agents

The Rate of unemployment in the country is on a recurring decimal. The situation is so bad that some persons now assume joblessness is a career in Nigeria. The Nation’s institutions continue to churn out graduates yearly while those that graduated over the years remain jobless. The new ones come to join the old ones to form an association of ...

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“Delivery is a major problem in the practice of real estate in Nigeria”

Delivery is a major problem in the practice of real estate in Nigeria

Emmanuel Okogun, a business development executive at Grenadines Homes LTD in an interview with Elsie Godwin, Nigeria real estate hub correspondent, pointed out Delivery as one of the major problems in the practice of real estate in Nigeria. Okogun said that lack of integrity, overpriced houses, inaccessible finances and unprofessionalism are the vital challenges facing the real estate practise in ...

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TOP 5 HOTTEST PLACES IN PORT HARCOURT

top 5 hottest places in Port Harcourt

If you’ve never seen a “mammy water”  or what the ‘more learned’ ones would call mermaid, then you need to visit Port-Harcourt; there are lots of them there. Port Harcourt is home to various species of fishes. It is probably the best place in Nigeria to go ‘a fishing’ or to embark on a fishing trip but of course that ...

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SUPER AGENT: Meet the man who sells BILLIONS in real estate

Luxury real estate agent

Luxury real estate agent selling billions in real estate shares his secret. Chris Cortazzo is Coldwell Bank’s top agent in the world with 1.5 billion dollars in sales and he’s only been selling homes in Malibu, his home town and affluent areas in southern California since 1994. He shares how he got into real estate, his first sale and his ...

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‘Ogun now a real estate investment destination’

The Chairman, Sparklight Group, a real estate development group of companies, Chief Toyin Adeyinka, has described Ogun State as investors’ destination of choice. Adeyinka, in an interview with journalists, said the state government had given priority to infrastructural development, the provision of affordable housing and creation of more jobs for the people. He said the development had attracted his company ...

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London prime property prices rise

property prices rise

According to the latest index, Prime property prices in central London increased slightly, up by 0.8 per cent in the second quarter of 2015, the first rise since September 2014. Pimlico has seen the strongest growth in the last year with values up five per cent or £66,000 compared with the second quarter of 2014, the data from estate agent ...

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Stakeholders call for regulation of house prices

Regulation of house prices

Stakeholders in the built environment, who spoke at the recently concluded three-day Abuja Housing Fair, which was organised by FESADEB Communications Limited, said that there is a need for a regulatory framework that will prescribe the prices at which houses should be sold in the country. They noted that the move would eliminate excessive profiteering by landlords and property developers. ...

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Property market anticipates over 70,000sqm retail space in 2015

Malls in Nigeria

The property market in Nigeria will by the turn of this year, when many on-going developments will be completed, take delivery of over 70,000 square metres (sqm) of retail space located in various parts of the country. This number is expected to come from the 13,000sqm Owerri Mall in Imo State, 11,000sqm Circle Mall in Lekki, Lagos State, 13,000sqm Festival ...

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NEMA warns residents living in flood prone areas

IMO STATE: Following the recent prediction by the Nigerian Meteorological Agency (NIMET) on possible flooding later this year, the National Emergency Management Agency (NEMA), Imo State operations office, has warned Imo residents living in flood prone areas to be conscious of their environment and report any overflow of their river to appropriate authorities. The Imo State Coordinator NEMA, Dr Innocent ...

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United States: Nebraska’s Farm Real Estate Value Dropped with 2%

The US Department of Agriculture has reported that Nebraska’s farm real estate value and cash rent for cropland for 2015 dropped with two percent. According to Allan Vyhnalek, educator at the Platte County Extension Office, the decrease in real estate value is expected due to changing prices of corn and soybeans. In a report published by the University of Nebraska- ...

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