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Tag Archives: agents

Lagos landlord, developer, agents defraud 66 prospective tenants of N16m

Lagos landlord

Over 66 prospective tenants have been thrown into confusion as Lagos landlord, Olatunji Joseph, in connivance with a developer, Aderonke Olaleye, and other allegedly yet-to-be identified agents swindled them of over N16m. The money was meant as rents for five flats in a newly-constructed one-storey building at No. 11 Abeni Close, Asa Estate, in the Gbagada area of Lagos State. ...

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Realtors seek thorough market research to reduce vacant houses

vacant houses

Nigerian realtors have called on all stakeholders to ensure in-depth and thorough market research if the challenge of vacant houses littering the nation’s landscape would be effectively tackled. Presently, vacancy rates in major Nigerian cities including Lagos, Port Harcourt, Abuja, and others have been on the rise. According to them, many developers go into housing developments without undertaking extensive market ...

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The Greatest Christmas Real Estate Story Ever Told

real estate story

T’was an hour before closing, and the office was tense The first closing in months was about to commence With the economy a mess and underwriting requirements so tight Who would believe there’d be a closing tonight! Expenses were up, financials in the red But visions of commissions danced in the agents’ heads The loan was approved by the lender’s ...

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The Challenges of Finding Accommodation in Lagos

Finding accommodation in Lagos

Over the years Lagos has become home to every Tom, Dick and Harry which makes the city of excellence a real estate  hotbed and as  such a case of survival of the fittest for those in search of a place to call home. In this article, Lekan Linkin Lofinji examines the challenges of finding accommodation in Lagos. If you are ...

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7 Tips On Finding the Best Tenants For Your Property

Landlord mistakes to avoid

Anyone can buy a property but not everyone can buy the right property and worse still, some persons buy the right property but end up with the wrong kind of tenants. In this article we take a critical look at the top 7 tips to finding a tenant. You will be making one of the biggest investment decisions of your ...

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Winners and Losers In Real Estate Investment

real estate investment

If there is some sort of investment that has investors across the world pining for, it has to be the real estate investment arena. Investment in properties is not just rewarding, it is also exciting. This article takes a critical look at the winners and losers in real estate investment While there are several more options in investment like stocks, foreign ...

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“NIESV is not just an institute but an institution” – Femi Atoyebi

An Estate Surveyor and Valuer, a member and an associate in view of the National Institution of Estate surveyors and Valuers (NIESV), an associate member in the institute of strategic management of Nigeria (ISMN) whose background experience is spanning 8years in real estate and the Owner of Magnagate integrated Services, Mr. Femi Atoyebi, in an interview with Nigeria Real Estate ...

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The Importance of having a marketing plan in real estate

marketing plans in real estate

Today we will be talking about the importance of having a marketing plan in real estate. This is the second topic in the series; Sales strategies in real estate. I have come across people who do agency and tarry on with their real estate business without a good marketing plan. This could be one of the reason they find it ...

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Agent’s Diary: My worst nightmare

Our second story in a long series of Agent’s diary dwells on the private life of a Real estate agent who happens to come from a very wealthy home. This is a sojourn into the personal life of arguably the youngest and one of the most talked about agent in Lekki; Kunle Irepodun (real names withheld). We decided to share ...

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Agent’s Diary: Strange cries in the basement

We brought you the ‘FIRST EVER REAL ESTATE FICTION SERIES’ that has been opening our eyes week in, week out to the challenges tenants go through with their landlords and even their fellow tenants. The Brouhaha of Oga Martins is believed to have also created a broader perspective as to the hurdles real estate agents and practitioners have to cross ...

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