#NtaPropertyConnect: Questions Every Agent Must Ask Their Clients

As agents, helping clients find their dream home is about understanding what their needs are and making sure you do your best to meet or exceed them. While it’s common that buyers ask you questions, you should also be asking them questions to help you get a bigger picture of their needs. I know that sometimes the easiest path to selling a home is to put a client in the car, show them dozens of homes, and then figure out by trial and error method the kind of house they are looking for. However, I will recommend you ask the questions below to avoid frustration while dealing with clients.

What is your motivation for buying a house right now?

This question often encourages buyers to disclose key information such as a pregnancy, a child leaving for college, or a job change. This question can provide a lot of insight on your client. For one, some people begin looking for an agent long before they can actually sell, while others wait until the last minute. Asking about timing will let you know how many hours you can expect to work before you can close a sale.

Furthermore, the clearer your clients’ reasons for moving, the easier the deal will be for you. A client who just had triplets or got married will be far more motivated to do what it takes to close on a house than one who’s just looking for a change of scenery.

What are your needs vs. your wants in a house?

Agents should ask buyers to make a list of “needs” and “wants” and inform buyers that they may need to be willing to compromise on the wants or both. This goes for everything: their budget, your schedule, the state of the market, the inventory in the area, etc. Many clients will need a little education up front to widen their perspective on the facts. Realistic standards will save you the time of inspecting properties they can’t afford and give you ideas about what areas and home styles to focus on.

Do you have an understanding of the costs that come along with purchasing a home?

Buyers are aware that they will need to come up with a down payment, but some are taken by surprise with additional costs such as a home inspection fee. The agent should prepare the buyer for paying a little fee in a bid to get that dream house.

Are you working with another agent?

It must be remembered that taking on a client who has committed to another agent is a bad idea because it gives room for conflict between you and the other agent because of the supposed client.

What have your past experiences with agents been like?

If your clients’ previous real estate experience was good, you can expect more ease in your process. If it’s been mostly negative, you may have some hurdles to jump in order to earn your client’s trust.

On the flip side, this question provides an opportunity to learn from the mistakes of previous agents before you. If a client complains that their last agent didn’t communicate well, or wasted their time on showings they weren’t interested in, you’ll know which areas to focus on in building a great working relationship.

Do you know where you want to live? 

Finding out the location the client is interested in will save your energy and time. This information will help you as an agent narrow down your search.

What kind of features do you want in your house?

The features are the number of bedrooms, bathrooms, swimming pool or kitchens. This information helps to modify your search as an agent. As always, your thoughts, questions, or comments are greatly appreciated

What Would You Consider a Deal breaker?

It’s equally important to find out what your client does not want in a house. Learn what features they don’t want and it’ll help you speed up the home buying process. It will save you and your client a lot of time and energy looking at homes that aren’t a good fit. Once you have the answers to these questions, then you’re better able to serve their needs.

 How do you prefer to be contacted?

Demonstrate your communication skills by offering to communicate via phone, email, text or even WhatsApp. This is also the time to set expectations as to when they (and you) are available.

Credit: Propertypro.ng

#NtaPropertyConnect: Ten Ways To Tap Into The Real Estate Industry And Make Profit

In the facet of different businesses real estate has being in the circle, individuals and cooperate bodies keep enjoying the returns accrued from this lucrative industry. Regardless of your knowledge about this industry, there are more to tap from and more to make a profit. Moreover, with the evolution of social transformation, industrial development, and […]

Ten Ways To Tap Into The Real Estate Industry And Make Profit — Marychuks



#PropertConnect: How to Identify and Avoid Rental Scams In Nigeria

You don’t have to go through the horrid experience of falling for a rental scam before you understand how they work. Over the years, rental scams has unfortunately become a familiar scare most house hunters have to experience to get what they want. If you have never fallen for one, do consider yourself very lucky. […]

via How to Identify and Avoid Rental Scams In Nigeria — Nigeria Real Estate Hub


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Wishing all our esteemed followers the best of this love season today and always as we shower you with love, peace and happiness and urge you to extended and express same to your homes, work places and gatherings. Let the abundance of this emotions fill the atmosphere around you as it brings good tidings for each and everyone. We love and appreciate you for your support through all these years.


#PropertyConnect: 6 Things People Dislike About Agents And How They Can Correct It

Most people hate the fact that they often times have to go through a real estate agent before they can rent, buy or sell a property because of the impression some “so called” professionals in the real estate industry have created. Asides that, some real estate agents are only after the money they can get […]

via 6 Things People Dislike About Agents And How They Can Correct It — Nigeria Real Estate Hub

#PropertyConnect: Why More Nigerian Women Should Invest In Real Estate — Nigeria Real Estate Hub

Until recently the real estate sector was entirely a male-dominated sector. Though Nigerian women are gradually giving the men a run for their money, there is still so much to be done if women are to outsmart and outnumber the men. This article tells us why women are still not investing in real estate and […]

via Why More Nigerian Women Should Invest In Real Estate — Nigeria Real Estate Hub

#PropertyNews: Fashola implores surveyors to create data on unoccupied houses

Babatunde Fashola, Minister of Power, Works, and Housing, has called on members of the Nigerian Institution of Estate Surveyors and Valuers to create data on unoccupied houses in the country. Fashola made the call in Abuja on Wednesday during a courtesy visit by a delegation from the Estate Surveyors and Valuers Registration Board of Nigeria, […]

via Fashola implores surveyors to create data on unoccupied houses — Nigeria Real Estate Hub

#PropertyNews: NIESV asks FG to impose tax on real estate sector

The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has called on the federal government to impose tax on the real estate sector to generate income. The association also noted that government could generate income through taxes, levies, and fees, stressing that land-based taxes are good sources of income for the government. It argued that […]

via NIESV asks FG to impose tax on real estate sector — Nigeria Real Estate Hub

#PropertyNews: Enugu State housing corporation set to unveil Zik Museum

The Enugu State Housing Development Corporation says it is on the verge of completing a world-class museum to be named after the first president of Nigeria, Nnamdi Azikiwe. The Managing Director of the corporation, Mr. Chukwuemelie Agu disclosed this on Wednesday in Enugu while speaking with journalists. Agu said that the museum that would be […]

via Enugu State housing corporation set to unveil Zik Museum — Nigeria Real Estate Hub

#PropertyNews: Developers should consider property market before building – ESVARBON

The reason for the massive number of empty houses across the country despite the huge deficit in the housing sector is because most developers of the properties failed to consider property market demands, the Estate Surveyors and Valuers Registration Board of Nigeria has said. According to ESVARBON, there are so many unoccupied completed houses in […]

via Developers should consider property market before building – ESVARBON — Nigeria Real Estate Hub

#PropertyConnect Christmas Tips: How to Decorate Your Home for Christmas

Everyone jokes that the Christmas holiday season starts earlier and earlier every year. But planning in advance can mean less stress as those weeks actually approach. This way, you’ll have everything waiting in the wings before the holidays hit, and all you have to do is pull and place. For those celebrating Christmas, it’s one of the […]

via How to Decorate Your Home for Christmas — Nigeria Real Estate Hub

#PropertyNews: Experts predict further dip in real estate market in 2019

A combination of heightened uncertainty and eroding affordability is expected to cut into demand and contribute to a weaker real estate market in 2019, and 2018 harsh economic realities made the sector to underperform in terms of yield and returns, according to industry experts. While the economy remains weak, demographic fundamentals remain strong, lack of […]

via Experts predict further dip in real estate market in 2019 — Nigeria Real Estate Hub

#PropertyNews: NIESV tasks newly inducted associates on best practices

The Nigerian Institution of Estate Surveyors and Valuers, (NIESV) has urged new associates inducted into practice, to internalize reputable standards and integrity in all transactions with clients. President of NIESV, Mr. Rowland Agbonta gave the charge at the 2018 induction of 260 associates who were welcomed into the profession in Lagos. He said the induction […]

via NIESV tasks newly inducted associates on best practices — Nigeria Real Estate Hub

#PropertyNews: Building collapse – NIA warns Nigerians to stop engaging quacks in building designs

To stem the rising incidents of building collapse across the country, the Nigerian Institute of Architects NIA has advocated stringent action against quacks who engage in building construction without pre-requisite knowledge and certification. NIA President, Festus Njoku, who spoke at the 58th Annual General Meeting and Conference of the professional body in Lagos last, said […]

via Building collapse: NIA warns Nigerians to stop engaging quacks in building designs — Nigeria Real Estate Hub

#PropertyConnect International: Rate hikes plus record low unemployment begs the question – How’s the Real Estate Market?

While no one can predict the future with certainty, most experts expect to see modest growth in the U.S. housing market for the remainder of this year and next. Inventory will remain tight, mortgage rates will continue to creep up, and affordability will remain a major issue in many parts of the country. So what […]

via Rate hikes plus record low unemployment begs the question: How’s the Real Estate Market? — Shannon May | real estate | Moscow Idaho

#PropertyNews: The Building Collapse Prevention Guild (BCPG) – Builders urged to engage professional quantity surveyors

The Building Collapse Prevention Guild (BCPG), an arm of Nigerian Institute of Builders (NIOB), Ikeja Cell has called on prospective building developers and clients to engage the services of Quantity Surveyors before embarking on construction. Bill of Quantities and Schedule of Materials prepared by Quantity Surveyors are the veritable instrument that assists the client at […]

via Builders urged to engage professional quantity surveyors — Tribune

#PropertyNews: NUT laments dilapidated structures in schools

As Nigeria marks the International Teachers Day, the Nigeria Union of Teachers (NUT) has called on the Edo State Government to take urgent steps to fix the problems facing the education sub-sector. The State Chairman of the NUT, Mr. Pius Okhueleigbe made a call on Thursday and explained that while current efforts by Governor Godwin […]

via NUT laments dilapidated structures in schools — Nigeria Real Estate Hub

#PropertyNews: FCT commences demolition of structures that fail integrity test

FCT authorities will from next week begin the demolition of structures that violate building plans or fail integrity test. This is part of measures to mitigate building collapse in the Federal Capital Territory, an official said. The exercise will be carried out by The Department of Development Control of the Abuja Metropolitan Management Council (AMMC). […]

via FCT commences demolition of structures that fail integrity test — Nigeria Real Estate Hub

#PropertyNews: Federal Mortgage Bank commences Construction Of 100 Houses In Nasarawa

LAFIA – The Federal Mortgage Bank on Wednesday started the construction of 100 Housing units in Nasarawa State as part of effort to alleviate the plight of Federal Government workers in the country. Delivery a speech during the flag-off ceremony at Kwamdere in Lafia Local Government Area of the state, the managing director/chief executive officer […]

via Federal Mortgage Bank commences Construction Of 100 Houses In Nasarawa — Nigeria Real Estate Hub

#PropertyConnect: Title Documentation: Vital Land Titles in Nigeria and How to Procure Them

One of the most important ways of laying claim to ownership of a property is by being in possession of the relevant land title documents which are recognized by various government statues and laws. I wrote this article to help you identify which specific land title you are required to have and how you can […]

via Title Documentation: Vital Land Titles in Nigeria and How to Procure Them — Nigeria Real Estate Hub

#PropertyConnect International: Real Estate Investing vs. Stock Market Investing — Karen’s Perspective

If you follow my blog, you know that I’m a real estate investor so I’m a much bigger fan of real estate investing than stock market investing (though I do both – full disclosure). I didn’t get into stocks, however, until I’d made enough money with real estate to invest some of those profits.

Now that you know, without a doubt, where my loyalties lie, let’s get on with it.

Real estate or stocks? Points to consider:

1. Leverage – In real estate you can spread out your capital; you can use a small amount of money to buy an expensive piece of property and banks will loan you the rest. Fabulous.

With real estate, you can put down 10 percent of the purchase price and have a bank finance the rest. Do this one time, great, do it often and the advantage of leverage is compounded. For example, with $100,000 you can purchase ten $100,000 houses putting down only 10 percent on each and banks will finance the other 90 percent. You have then acquired 1 million dollars worth of real estate. You have mortgages on those properties, yes, but put in a tenant and they pay those mortgages down over time for you. You also get tax write-offs on the mortgage interest as well as write-offs for the property depreciation annually.

With stocks, however, if you have $100,000, you can buy $100,000 worth of stocks. Period. You cannot say to your stock broker, “I want to buy $100,000 worth of stock. I want to put $10,000 down and have you finance the rest.” $100,000 buys $100,000 worth of stock where, in the first example, we were able to use that $100,000 to buy 1 million dollars worth of real estate.

The advantage of leverage in real estate cannot be overstated. It is one of the greatest benefits we have as real estate investors.

2. Discount – Real estate can be purchased well below retail value. Investors regularly buy properties at significant discount, fix them up, and resell them all within a matter of months and for a large profit. Or, you can purchase at significant discount, hold the property as a rental, and either keep the equity in your asset or borrow it back out to purchase additional assets.

The price you pay for stock is 100 percent of the retail price that it sells for the day you purchase, whereas in real estate, you can buy something that is currently valued at $100,000 in it’s existing condition and pay as little as $60,000 for it.

3. Income – With real estate, assuming you buy right, the more properties you own the greater your income. Once you have equity, you can refinance to get the money out of the property and still have the performing asset. Or, you can get a home equity loan giving you cash to spend while your asset remains in place giving you tax benefits, providing rental income, and realizing equity growth over time.

To receive income from stock investments, however, you must sell the stock and when you do, you have fewer performing assets creating a return. Once you reduce your stock holdings, fewer performing assets provide lower financial return.

4. Control – If you own a stock, you can’t vote on how the company is run. Chances are, you know very little about the company or those in charge of it. If they make profit, you win. If they don’t you lose. With stock, you can pray that the people in charge make the right decisions.

With real estate, you control the asset, the decisions are yours. There are plenty of things you can do that directly influence the value: paint, add a room, landscape, update/upgrade, a whole variety of options. It’s totally different when you are at the helm of your own investment.

5. Exit Strategies –  The final advantage on my list is that there are so many ways to make your real estate investment perform. You can wholesale, rehab, hold rentals, own mobile homes, get into commercial real estate, build new construction, on and on. With stocks, you buy and wait, completely at the mercy of the market as to what the value is. I’m not good at waiting…

In Summary – In addition to market appreciation (increase in value over time), you have forced appreciation (your upgrades), tax advantages, leverage advantages, and the fact that you can buy real estate at extreme discounts – almost none of which you can do with stocks. And once you buy real estate, you have practically unlimited options as to what you can do with it.

Buy real estate!

Do you agree?

via Real Estate Investing vs. Stock Market Investing — Karen’s Perspective

#PropertyNews International: Reasearch -Disaster resilience (October 2018) — Disaster Resilience News

Please find below links to recent news about some aspects of disaster resilience… Recent emergencies/disaster Three people missing as cyclone brings flash floods in Greece https://uk.reuters.com/article/us-greece-weather-medicane/three-people-missing-as-cyclone-brings-flash-floods-in-greece-idUKKCN1M90RN A 7.4 magnitude earthquake struck Central Sulawesi on Friday, 28 September at 17.02 (Western Indonesia time). The quake subsequently caused a tsunami that hit coastal areas in Palu City […]

via Today in disaster resilience (5 October 2018) — Disaster Resilience News

#PropertyConnect International: 10 Tips for First Time Home Buyers — Karen’s Perspective

Planning to buy a home? Here are some things to be aware of:

1. Lender: Step one – meet with a lender FIRST to find out if you qualify to buy and how much you can afford.

2. Income: Spending no more than one fourth of your income for your home is best. That way you can afford other expenses and, hopefully, keep your home if one partner loses their job.

3. Plan ahead: Make a wish list. Start with what would you love in your home, then narrow down to what you must have. For example, a fireplace is an absolute must have for me.  I don’t bother looking at homes without one because I would not be happy living without a fireplace.  Minor?  Maybe, but not to me.

4. Location: Do you need to be close to work, to schools, to restaurants, to movie theaters? What’s important to your lifestyle? A little extra driving to work may seem like only a minor inconvenience when you find a home you love further out than you’d planned. But, after six months of driving that extra 25 minutes each way, you may not be thrilled with the idea of living in that location for the next 5-10 years. And, what’s it like to get home at rush hour?

5. Schools: I’ve had people say, “oh, we don’t care about the schools, we don’t have children.” Well, you may someday. And, even if they’re grown and gone, good school districts are a huge influence on how quickly you’ll be able to sell your home later.

6. Sunlight: Drive by the house you’re considering at different times of the day. Where does the sun shine into the windows at different times? Do you want plants to bloom in your family room? If so, the room better get plenty of light! Sunlight also impacts things like moss and mold growth.

7. Noise: If the neighborhood is quiet at 10am when you view it with your realtor, is it still quiet at 4pm when the kids are all home from school? What is it like in the evenings?

8. Closing Costs: Get good information about all of your closing costs to avoid surprises at the closing table. Surprises at closing are, unfortunately, not uncommon.

9. Move-in/Ownership Costs: Remember move-in costs like window treatments, carpets, shower curtains. Do you need to immediately buy a refrigerator? And don’t forget additional monthly expenses that may not show up on your buying estimates like: taxes, homeowners dues, mortgage insurance, homeowners insurance, utilities, maintenance, etc.

10. Repairs: Nine times out of 10, there will be repair costs. No home is perfect. Doors may not shut (or stay open), faucets may drip, toilets may run. Expect to find a number of fairly minor annoyances that you will want to fix when you begin living in your new home.

Buying a home is an exciting time. It can also be stressful! Hopefully, these tips will help you avoid some of the stress.

What can you add? What did you learn?

via 10 Tips for First Time Home Buyers — Karen’s Perspective

#PropertyNews: All You Need to Know About the Abuja Earth Tremor & How it Affects Other States

The Capital city of Abuja was shaken recently by a series of huge earth tremors that had the hearts of most residents in their mouths. Such was the impact of this earth tremor on September 5th, 2018 that it left a couple of roads and buildings damaged in its wake. The serious ground vibrations was […]

via All You Need to Know About the Abuja Earth Tremor & How it Affects Other States — Nigeria Real Estate Hub

#PropertyNews: Facility managers selected to care for govt infrastructure – FHA

Apparently determined to make government infrastructure live out their lifespan, the Federal Housing Authority, (FHA) has finalized plans set up a facility management agency that will be charged with the maintenance of roads and other social infrastructure in federal housing estates nationwide. Speaking with a news agency, the Managing Director of FHA, Prof. Mohammed Al-Amin, […]

via Facility managers selected to care for govt infrastructure – FHA — Nigeria Real Estate Hub

#PropertyNews: Ripples over service charge in estates

The controversy dogging the imposition of exorbitant service charges in various estates in the country is set to boil over, with bitter quarrels between the property owners or managers and the occupiers.nIn rare cases, the trouble has been between residents and associations executives.

Service charge is a mandatory payment made by tenants toward the cost of maintenance and repairs of common facilities, beyond those being personally used by individual residents’ in their apartments.

According to the Royal Institution of Chartered Surveyors’ (RICS) Code of Practice document, the service charge enables owners of estates to recover the costs of operating a property from the occupiers as well as any other persons who benefit from and use the services/facilities provided.

The fees, also covers; car park or shared driveway, reception areas, corridors, lifts, grass cutting/gardening, general repairs and maintenance, Close Circuit Television (CCTV) equipment and block insurance among other things.

The most worrisome aspect of the issue is the astronomical increases and lack of fixed charges for such services, which often result to regular cause of disagreement between landlords and tenants.

For instance, in 1004 Estate in Lagos, tripartite quarrel has brewed between the former facility managers and the residents. Subsequently, the matter shifted between the occupiers and the association.

All have bothered on service charges. In most major cities, the story is the same.

In highbrow locations like Lagos, Abuja, Kaduna and Port Harcourt where such structures are rented, some tenants pay rent and service charges upfront like three to five years in advance for easy management of their services.

The prices are subject to review, in which case they may go up/down.

Investigations showed that service charges differ from one estate to another depending on specific services provided at each location as well as the value of the estate.

In ‘Banana Island estate’, Ikoyi, Lagos which is one of the country’s most expensive neigbhourhood where dwellers are provided with world-class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks, service charges are quite expensive.

It ranges between N3.5 million, N2.5million, N2million and N1.5million and could be above.

While in ‘1004 estate’, Victoria Island the rate for service charges is put at about N658, 000 yearly  (about N52, 000 monthly) in 2015.

The rate rose from the initial take off N450, 000 when the estate was partially occupied in 2011 down to N350, 000 in 2012, further down to N250, 000 in 2013 and incredibly down to N180, 000 in 2014.

Furthermore, in ‘Osborne foreshore estate’, service charge fee covers; security, environmental services and waste management and the charge starts from N500, 000 and above and could also be lesser.

Experts say, the way out is to enforce efficiency in procurement as well as transparency in order to bring down the cost for the benefit of tenants.

Speaking on the development, an estate surveyor and valuer, Olugbenga Ismail explained that discrepancies exist in service charges in estates because of three reasons, which are; the services provided, the level of energy consumption especially with respect to diesel and the size of the estate.

He said, “Service charges may depend on how each estate consumes energy.

If you have an estate that starts from 12 to 400units like 1004 estate, which is probably the biggest estate in Lagos, their service charges should be comparatively low in compared with others.

But if you have an area with just 12-20units and they have a fixed service like generator, water, cleaning and security, the service charge would be high”.

Ismail stated that the service charges are usually calculated in different ways, which include, per unit cost and service cost plus. Read more https://guardian.ng/property/ripples-over-service-charge-in-estates/








#PropertyNews: Mortgage laws’ reforms panacea for affordable homes – ESVARBON Chairman

Reform of the mortgage laws is the best way to achieving affordable homes for all Nigerians, the Chairman, Estate Surveyors and Valuers Registration Board of Nigeria, Nweke Umezuruike, has said. Umezuruike, who spoke at the meeting the board and other stakeholders held recently in Lagos, explained that the reform will also enable Nigerians to own […]

via Mortgage laws’ reforms panacea for affordable homes – ESVARBON Chairman — Nigeria Real Estate Hub

#PropertyNews: Nigeria Requires $363bn to Tackle Housing Deficit

The federal government will have to cough out a huge sum of $363 billion (about N111. 08 trillion) to meet the current housing deficit in the country.

This revelation was made Tuesday by a former Chief Executive Officer of Nigeria Mortgage Refinance Company (NMRC), Prof. Charles Inyangate, at a workshop to mark the World Facilities Management Day in Abuja.

Citing a report by the Centre for African Housing Finance released in October 2015, Inyangate, who delivered the keynote address: ‘Enabling Positive Experiences in an Evolving Economy’, said that amount is required to fix the country’s housing deficit, which ranges between 17-23 million units.

The current housing stock in Nigeria is estimated at 21 million units while the estimated demand is between 38 million and 44 million units.

He said a crisis is looming given the prevailing housing deficit, in view of Nigeria’s demography, which is considered the fastest growing in the world.

He added that over the next 30 years, according to a report by the National Integrated Infrastructure Masterplan (NIMP), $95 billion private sector funding will be required to develop Nigeria’s infrastructure towards the provision of paved roads and electricity.

Inyangate tasked facilities managers to intensify their approach in facility management, saying it is the only means to achieve sustainable and effective development of Nigerian cities.

“Facilities managers are expected to be value creators within their respective organisations. They have a role to play in the building and redesigning process. If government can’t do alone, there is an urgent need for a proactive Public Private Partnership to address Nigeria’s economic challenges. The competence skill set needed to function in Facilities Management are multi-dimensional, it is appropriate that all facilities managers ensure they are well equipped with the competencies,” he said.

At the workshop, Senator Ahmad Abubakar (Bauchi South) revealed that there was a Facility Management Bill before the National Assembly.

He said the bill when passed will enhance and ensure legal framework, localisation of processes and practices of facility management in the country.

He said the Bill had already passed the second reading and public hearing stages.

via Nigeria Requires $363bn to Tackle Housing Deficit — THISDAYLIVE

FMBN refunds N21.4bn housing funds to 216,650 retirees

The Federal Mortgage Bank of Nigeria (FMBN) said it has refunded over N21.4 billion National Housing Fund (NHF) to 216,650 retirees across the country. The Managing Director, Arc. Ahmed Musa Dangiwa disclosed this yesterday in Abuja at the September 2018 Lunch Time Reform Seminar on “The Challenges Facing Civil Servants in Obtaining Loan from FMBN […]

via FMBN refunds N21.4bn housing funds to 216,650 retirees — Nigeria Real Estate

#PropertyNews: Architects’ council begins issuance of number to members, to combat quackery

The Architects Registration Council of Nigeria (ARCON) has hinted of its plan to have an enforcement and compliance unit which is to ensure that only registered architects handle architectural projects in consonance with extant laws.
The president of ARCON, Mr. Dipo Ajayi, while reacting on the collapsed building in Abuja, said the incidence and others in the past showed that developers and various institutions hired unregistered persons posing as architects/consultants, or foreigners, to carry out projects in Nigeria, thereby subjecting the unsuspecting public to great risk that ultimately results in loss of lives and property.
Ajayi said to mitigate incidences like that, the council has set up the ARCON Projects Registration Number (APRN) system which is a mandatory registration number to be issued to all architects practicing in Nigeria, for each of their projects, to certify that they are designed, handled and executed by Nigerian citizens fully registered to practice in Nigeria. … Read more https://www.dailytrust.com.ng/architects-council-begins-issuance-of-number-to-members-to-combat-quackery.html

#PropertyNews: ARCON plans enforcement unit, begins project registration


To eliminate quackery in architectural practice, Architects Registration Council Of Nigeria (ARCON) has announced plans to set up an enforcement and compliance unit, which will ensure that only registered members handle architectural projects in the country.

The council in a statement said that the measures would be in consonance with the extant laws and complement the content and spirit of the National building codes.
According to ARCON President, Sir Dipo Ajayi, the unit will ensure that only professionals with the requisite knowledge and expertise of the building process are engaged to carry out building projects and are duly governed by the various Acts in the statute books.

“The Council is working in concert with other interest groups to get the built environment properly policed to avoid or reduce to the barest minimum the issue of building collapse and its attendant effect on the developer and the national psyche,” he said… via guardian.Read more


#PropertyNews: Real estate developers, investors to storm Johannesburg in September

The summit’s aim Creating a platform for African and global real estate data and transparency experts to share insights, best practice and solidify global and regional investor confidence in Africa’s high growth economies are some of the primary objectives of the 9th annual API Summit & Expo taking place in Johannesburg on 20 and 21…

via Real estate developers, investors to storm Johannesburg in September — Nigeria Real Estate

#PropertyConnect Commentary: THE ABUJA BUILDING COLLAPSE

There is need to overhaul the nation’s building regulations The recent building collapse in Abuja which claimed no fewer than two lives with several others injured should spur the authorities into looking into how we can avert this recurring tragedy in our country. While we commiserate with the families of victims, we reiterate […]


#PropertyConnect: A Panacea for Flooding 

Against the backdrop of the recent floods in the country, Chiemelie Ezeobi writes on measures for the safety of life and property When it rains, it pours is a popular idiomatic expression denoting the multiple occurrence of good or bad. But it also seems to express the chain reaction of misfortunes that follow on quickly […]

via A Panacea for Flooding  — THISDAYLIVE

#PropertyNews International: Egypt and the building of a new Capital City

Though Egyptians have lived in and around the Cairo area since time began, the modern city itself is ually traced to the year 968 AD and the newly arrived Fatimid dynasty. For centuries the city prospered and grew to become the largest city in Africa and one of the largest in the world. Later French […]

via Egypt and the building of a new Capital City — Stephen Liddell

Stakeholders score construction sector low in contribution to Nigeria economy — Tribune

Construction and financial experts have expressed concerns over poor contribution of the construction sector to the economy despite its potential with respect to employment generation. The assessment of the sector, vis-a-vis it’s potentiality in boosting employment opportunity was regarded to be very poor, particularly in the first half of 2018, compared with the preceeding years. […]

via Stakeholders score construction sector low in contribution to Nigeria economy — Tribune

NIOB Laments High Cost Of Construction

Institute of Building (NIOB) has called on Nigerians to reject any affordable housing … aid the growth of the sector; Practical implementation of the Family Homes Fund .

. Read more..

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#NtaPropertyConnect: Damage & Repair of Brick Walls in Construction

It gives a sense of stability to see brick buildings. Homeowners have welcomed exposed bricks on their homes, but they are not without problems. Brick walls often have cracks in them. Although cracked brickwork does not necessarily indicate a serious structural issue, it can lead to water damage and mold growth. Damage of Brick Walls […]

Damage & Repair of Brick Walls in Construction — Construction Cost

#NtaPropertyConnect: Various Brick Testing Methods in Construction

Constructions made of bricks are considered to be the world’s oldest and most useful building material. It is imperative to determine the suitability and quality of bricks used in such constructions, considering their immense importance. So, to be sure the structure is strong and stable, several tests must be performed on brick. Various phases of […]

Various Brick Testing Methods in Construction — Construction Cost

#NtaPropertyConnect: The 10 Types of Concrete Used in Construction

Concrete is made up of a mixture of coarse particles called aggregates. As they combine, the result is a hardening material. A concrete’s strength, durability, heat resistance, and workability depend on the amount of water and cement it contains. With fresh concrete, you can create any shape you like: circles, rectangles, squares, or other shapes. […]

The 10 Types of Concrete Used in Construction — Construction Cost

#NtaPropertyConnect: What you need to know About Floor & Wall Tiles

In terms of size and thickness, wall and floor tiles differ primarily based on the materials used in their production and the type of glossy finish they have. Materials used to make floor tiles and wall tiles may differ. However, each tile serves a different purpose. Since the floor is subject to heavy traffic and […]

What you need to know About Floor & Wall Tiles — Construction Cost

#NtaPropertyConnect: Tests to Determine the Crushing Strength of Aggregates in Construction

The mechanical strength of a road-stone is one of the major requirements. It is used to determine aggregates’ ability to withstand stress caused by moving vehicles, namely crushing by moving vehicles. As well as providing sufficient resistance to crushing under the roller, the aggregates should also resist crushing under the rigid tires of heavily loaded […]

Tests to Determine the Crushing Strength of Aggregates in Construction — Construction Cost

#NtaPropertyConnect: The Uses; Grades of Concrete in Construction

Concrete grades according to its strength and composition, as well as the 30-day minimum strength. Mpa is the unit of measure for the grade in concrete, with M denoting mix weight and Mpa denoting overall strength. Different kinds of mixes (M), which consist of cement, sand, and fine aggregate, differ in the proportions of their […]

The Uses & Grades of Concrete in Construction — Construction Cost

Money Matters: Understanding How a Mortgage #NtaPropertyConnect: Loan Can Be a Productive Investment

Most people tend to think of a mortgage loan as a necessary evil, an expense that has to be managed. But under the right circumstances, your mortgage can become a smart investment – something that makes you money instead of costing you money.

Money Matters: Understanding How a Mortgage Loan Can Be a Productive Investment — Mortgage & Real Estate News

#NtaPropertyConnect: Tourist attractions in Nigeria – Tinapa

TINAPA FREE ZONE AND RESORT The charm of Calabar mingled with the taste of its rich culture gives Tinapa Free Zone and Resort that magnificent scenario that meamerizes tourists. It has 860,000 Sq ft let table retail space, an entertainment strip that houses a digital camera, restaurants, a mini amphitheater, casino and children’s arcade,a studio […]

Tourist attractions in Nigeria #11 — AMIGO

#NtaPropertyConnect: Tourist attractions in Nigeria – Waterfalls

AWHUM WATERFALL Awhum boasts of numerous immaculate lakes, waterfalls and a monastery. The waterfall forms beautiful scenery where water cascades over its top forming a stream, which has become a religious tourist site. It is close to the Awhum monastery. Location :Awhum, Enugu State

Tourist attractions in Nigeria #5 — AMIGO

#NtaPropertyConnect: Top 10 most expensive houses in the world

Who owns the most expensive houses in the world? What amenities, from garages that can hold double-digit numbers of cars to regulation-size basketball courts and multiple are considered standard these days for the most expensive mansions in the world. Well, you’re about to find out. But in the meantime, we can tell you that you’ll need […]

Top 10 most expensive houses in the world — Sammy ready