things – 9japroperty http://9japroperty.com.ng All you need to know about properties Tue, 23 Aug 2016 15:37:48 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.15 10 Things Successful Real Estate Agents Never Do http://9japroperty.com.ng/10-things-successful-real-estate-agents-never-do/?utm_source=rss&utm_medium=rss&utm_campaign=10-things-successful-real-estate-agents-never-do http://9japroperty.com.ng/10-things-successful-real-estate-agents-never-do/#respond Tue, 23 Aug 2016 15:37:48 +0000 http://9japroperty.com.ng/?p=4867 It’s a fact that most real estate agents are not successful. Statistics indicate that only 20% of agents are doing 80% of the deals. Yes, read those numbers again! In other words, with 80% of the agents fighting over 20% of the business, it’s no real surprise there’s such a high agent turnover! How do […]

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It’s a fact that most real estate agents are not successful.

Statistics indicate that only 20% of agents are doing 80% of the deals. Yes, read those numbers again!

In other words, with 80% of the agents fighting over 20% of the business, it’s no real surprise there’s such a high agent turnover!

How do the newbie agents stack the odds in their favor?

Besides the importance of selecting the right brokerage to work for, the necessary continuing training, ongoing sharpening of the communication as well as negotiation skills and a healthy dose of ambition, there are a number of less obvious attributes a starting real estate agent must pay attention to!

Now, instead of being told how to do something, how about approaching it from a different angle: breaking the bad habits before creating good ones!

A never-to-do list for successful real estate agents, if you will!

Here are 10 things you’ll probably never see successful real estate agents do:
1.   Successful real estate agents never avoid confrontations

The daily agenda of a real estate agent is filled with confrontations in all shapes and forms: whether it be a listing or mandate presentation, contract negotiation, or price counselling, to name but a few, the agent is likely to face opposition.

Exactly why great verbal skills will come in very handy!

Moments of discomfort are a given during confrontations where silent moments can be used very strategically. Successful real estate agents tend to show no fear of loss during these confrontations.

Negotiation is a skill that can be taught. Effective negotiation demands an understanding of both parties’ wants and needs, remaining flexible with a number of options, foreseeing (counter)offers and using the power of persuasion to encourage clients to respond to offers.

Successful real estate agents know that confrontation is part of their daily life. Instead of wasting valuable energy and time trying to ‘wing it’ or worse, trying to avoid it, they actually go out of their way by honing their skill set. Hopefully during the next confrontation, they’ll then be better prepared!

One will need to learn to embrace confrontation. Sometimes it’s as simple as actually asking the question!

Most agents thrive on it as they see it as yet another challenge to overcome before reaching that final stage: the sale!
2.   Successful real estate agents never assume perfect circumstances

The old adage goes, “If it were easy, everyone would do it.”

That’s ever so true when it comes to selling real estate. Arriving in a top class car, getting out dressed up in that designer suit, fly through the contract signing without much objection and voilà! It does appear very easy work to take one client through, sign a contract and che-ching the commission!

It couldn’t be further from the truth! Even though the overall basics might appear to be the same, there’s no cookie-cutting method, as each buyer and seller will have their own specific circumstance which presents its own challenges that needs custom attention. Successful real estate agents know that every single close will be unique.

No two deals are alike! Ever!

Are we in a buyers’ market? Or is it a sellers’ market? Does it really make a difference; either situation has particular conditions that aren’t perfect. Just look at MacGyver (yes, I’m revealing my age now), and see how he makes the best of every situation. He’s acting with the information at hand and keeps moving forward!

Approach every circumstance with the right perspective and don’t assume perfection! Successful real estate agents can differentiate between pains of growing and pains of suffering.
3.   Successful real estate agents never fall behind the curve

It comes down to one thing: education.

Whether one is referring to reading the latest (e-)books, magazines, articles on real estate-related topics, real estate seminars or checking up on the latest technological gadgets and web tools, successful real estate agents realize this is a continuous learning process and that one needs to stay current on the latest technology. And yes, this sometimes means stepping out of your comfort zone!

Technology has become a major part in most areas of our lives. Just imagine what would happen to your business if you hung on to the fax machine and refused to work via email?! Or how about waiting for those leads calling from those newspaper ads versus social media leads nowadays?

Contrary to popular belief, all these ever-improving tech tools are not narrowing the competency gap between real estate agents, but actually widening it instead! Successful real estate agents know the enormous importance of staying ahead of the curve!

Would it be a bold statement to say that by 2020, the Top Performing 5% of real estate agents will consist of 80% agents who have been in the business for less than 5 years?
4.   Successful real estate agents never forget it is a team effort

Unlike what’s being portrayed in shows like Million Dollar Listing New York, most successful real estate agents aren’t looking for the limelight on their special real estate deal du jour.

Once estate agents are too busy servicing their current listing mandates to take on new business, it’s time to expand the team. If they’re already working in a partnership, hiring an assistant is likely the first port-of-call.

Being surrounded by a well-oiled team makes successful real estate agents even more efficient! They give other people credit for their work and shine the light on their team members. They’re great at letting go and spreading the weight among others. Trusting and believing in one’s team work ethic as much as their own.

Successful real estate agents know they can’t be doing everything themselves and acknowledge that delegating and outsourcing less (or no) income-producing activities will free up valuable time.
5.   Successful real estate agents never get jealous or resentful

In large brokerage offices, the competition can be quite fierce amongst its agents. Successful real estate agents rise above the day-to-day office rumors and get on with their work.

Why bother hiding from those slightly better agents? Learn from them! Soak up their knowledge.

All that negative energy is too emotionally draining anyway and is much better spent on your own work than resenting the behaviors or actions of others!
6.   Successful real estate agents never waste anyone’s time

As busy as most successful real estate agents are and how often their schedule changes at a moment’s notice, they don’t break a commitment. They might postpone a meeting on you but cancelling won’t happen.

Face to face time is never a lost opportunity to interact with clients.

That’s their way of earning respect and building credibility.

The best way to give back would be to mentor a starting real estate agent. Nothing more exciting than handing over some fun/creative assignments and letting them run with it! New talent will rise and eventually assist in putting together important projects.

In the background, successful real estate agents are checking off an extensive list of rather boring assignments, because when you do what nobody else wants to do, you’ve become indispensable!
7.   Successful real estate agents never lose track of the bigger picture

Some mistakes were perhaps plainly bad calls and/or even very expensive lessons. Whatever may be the case, one needs to see them as opportunities to learn something new.

Why are the successful real estate agents so knowledgeable? They know the price of their mistakes and don’t plan on making them again!

Experience is a cruel teacher. It gives the test before presenting the lesson.Click To Tweet

Working in teams will bring with it frictions at times, but that’s part of the learning! Successful real estate agents focus on the bigger picture and are quick to point out that those teething problems are stages one needs to cross onto the next big phase.

8.   Successful real estate agents never skimp on marketing

Are most new real estate agents aware that the toughest part of the business is finding the business?

Having paid all the license fees, board dues, starter kits etc, the last thing they’re thinking of at this point is spending more money on marketing!

Unfortunately, it doesn’t work that way. As in any other business, it takes money to make money or the amount spent on marketing will be in direct proportion to the amount of business you’ll see. As if it wasn’t already tough until now, the marketing efforts need to be properly focused. How easy is it to spend it on the wrong tools, such as traditional print marketing (weekly newspaper, monthly real estate magazine etc), which have a very low return on investment. The brokerage office itself can do so as it promotes its current stock inventory, as well as draws in new buyer lead for its agents.

Successful real estate agents are quick on the mark in getting their name out as the person to contact to buy or sell from the get-go! As their financial means improve, they make sure to reinvest in marketing themselves.
9.   Successful real estate agents never say that something isn’t in their job description

When you arrive nicely on time at your Sunday open house and realize that the floor needs a good mopping, what are the odds you’ll quickly do it? Or the kitchen sink is still filled with dishes – will you make an attempt at cleaning it up?

Just because one’s job description didn’t mention anything about the above doesn’t mean it isn’t part of your job! As basic as it may appear at times, successful real estate agents aren’t lonely wolves. They’ll find opportunities to be useful and add value!

Only when an entire team understands and empathizes in such situations, will it result in people feeling appreciated and being excited in the morning getting ready to work!
10.   Successful real estate agents never forget it’s all about doing the basics

How many agents started in the real estate business thinking they’ll have two lives: a personal and professional one?

Guess what? It’s one and the same!

People don’t just want to see your emails. They want to see you work. They like to put a voice and face on that business card you dropped off at their home earlier in the week.

Successful real estate agents know that 20 years of experience is just Year One repeated 20 times! Non-stop time to learn, time to adapt and time to get comfortable with the newest tools and technology. Planning is a big portion of that and it being a business, it’ll require you to put together a detailed business plan with medium-term targets, short-term goals etc!

Benjamin Franklin supposedly once said, “If you fail to plan, you’re planning to fail.”

Consistently and pro-actively lead-generating is a must, even for experienced agents. They can’t just get busy servicing existing clients until all those transactions are closed before starting to look for new business. They will actually block time for a few hours every day to prospect for new clients!

The key is to decide on a system that works for you and stick to it. Real estate truly is a numbers game!

An average estate agent and a successful one differ in the way they view their customers. The former will be focused on getting that one commission cheque in, while the latter will be aiming for repeat or pipeline business.

Make a client happy and they’ll come back again and again. Make a client very happy and they’ll be an ambassador for you to their friends and family!

Having covered the basics correctly, successful real estate agents know more (referral) business will come their way. All it takes is a handful of years in the business to start seeing people call back for your services!

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30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS- PART 2 http://9japroperty.com.ng/30-things-to-know-before-renting-a-house-in-lagos-part-2/?utm_source=rss&utm_medium=rss&utm_campaign=30-things-to-know-before-renting-a-house-in-lagos-part-2 http://9japroperty.com.ng/30-things-to-know-before-renting-a-house-in-lagos-part-2/#respond Mon, 06 Jun 2016 08:18:59 +0000 http://9japroperty.com.ng/?p=4582 1 In PART 1 of our ‘30 Things To Know Before Renting A House in Lagos,’ i shared 15 important and essential things you need to know if you want to rent a house in Lagos. I In this concluding part, i would be dishing the last 15 Things you should know. I hope you […]

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 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS  PART 2

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In PART 1 of our ‘30 Things To Know Before Renting A House in Lagos,’ i shared 15 important and essential things you need to know if you want to rent a house in Lagos. I

In this concluding part, i would be dishing the last 15 Things you should know. I hope you find this helpful.

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS  PART 2

#16 Lagos State Laws

There are laws that guide renting a house or being a tenant in Lagos. You need to know this so that you wont be cheated  and also wouldn’t be found wanting. Foe example

It shall be unlawful for a landlord or his agent to demand or receive from a sitting tenant rent in excess of three (3) months in respect of any premises.

 

It shall be unlawful for a sitting tenant to offer or pay rent in excess of three (3) months in respect of any premises.

Question: Are these laws implemented in your area ?

17# Collect Your Receipt

After you have made your payment , please ensure you collect your receipt as a proof of payment . This should include
(a)Date of which rent was received;
(b) Name of the landlord and the tenant;
(c) Location of premises in respect of which the rent is paid
(d) Amount of rent paid; and
(e) Period to which the payment relates.

If your payment is not issued a receipt , it means no legal payment has been made and Proof not available should there be any issue.

#18.Know Your Rights

It is good to know your essential rights as a tenant . under Lagos state law.

The Landlord does not have the right to disturb you etc. So you should also respect the Landlord’s Right to and perform your obligations as a tenant too.

Get yourself acquainted with the Tenancy act/law and the Constitution for Lagos state. As they supersede some of these clauses stated in the tenancy agreement.

Sadly most tenants are ignorant of their rights, tenants who cant afford to hire a lawyer can seek help from the Public Defender Office or Citizen Mediation Centers.  The  introduction of the Lagos state tenancy law , the era of wicked landlords imposing ridiculous laws are over.

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Quick Tip:The tenancy law also forbids landlords or their agents from disrupting essential amenities: electricity, water supply etc to the tenant.

#19  Ask Questions

Always ask questions from neighbors, and people who leave around that vicinity as this will give you more information on your proposed choice of apartment. Ask questions from the agent and the landlord where necessary. Can you paint , install certain equipments in the house ?

#20 Facilities

If you are planning on renting a flat or apartment in a high-rising building , find out if the lifts are functioning properly. There should be availability of a lift facility and also backup generators should be there in the time of power failures.

#21 Building Age

I am sure you have heard about recent building collapse and aftermaths. I wouldn’t want you to fall victim , if you can try please do inquire about age of the building. Also apart form mishaps, f the building is older then you should compare it with the price you give and see whether it is worth or not.

#22 Are you Secured Enough

Apart from you having checked if our doors and windows are well built to prevent burglary and unwanted access to your property, Does the compound or facility have a security guard assigned. If there is no provision for that then you can find alternative means. As i said earlier, ask around , ask out the recent security occurrences.

If you can afford it, please go for the secured locations. As you and i know , security is important and shouldn’t be compromised. it is advisable to pay extra service charge if you can afford it or get additional security personnel for locations you feel is not secured.

#23 My special distance tip

If you stay on the mainland and work on island, it is advisable to get a place on the mainland areas close to island as this would help manage your budget and also prepare you for economic recessions. Places such as Ikeja, Gbagada, Surulere , Maryland etc. are cheaper and more cost effective in the long run especially when you see immediate amenities you need such as bukas, markets, kiosks, bars etc that are cheaper than those in choice areas.

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#24 Expect Some Weird Questions

Sometimes there are questions these landlord’s an their agents can ask you , and trust me from experience they can be annoying. Just be prepared to answer all manner of questions from them.

Some of them can be superstitious for example if you are asked where you are from , Your answer can affect your chances of getting the apartment to be rented to you. Another likely question you should be careful in answering is, ”how many children do you have’’?

#25 Take Inventory

Photos , write ups etc are a good way of taking inventory of the apartment before you move in . This is important especially so that when you are leaving th house in the future , if there are any security deposits or caution fee paid, it can be refunded.

#26 Inspection Matters.

Ensure your home meets all the criteria needed. Inspection can be done as many times as possible till you are pleased and satisfied

#27 What is Included in the Package ?

Some properties for rent include utilities, services,, parking etc while some or most don’t in Lagos.Before signing that agreement document , Ask your landlord / agent about what is included in rent and how this can make changes to your lifestyle especially budget wise.

#28 Do Not Pay Till You Are Sure

Once you pay , it would be difficult for you to change your mind. So be completely sure. Never give the agents full amount till you confirm that the apartment is truly vacant and have not been paid for by another prospective tenant.

Also concerning financial security,  It’s safer for you to remit the rent fee to the landlord’s bank account at least your teller serves as prove of payment.

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#29 Ask for everything in writing

I suggest you request that for any agreement between you and the landlord or agent should be put into writing for future references.

I feel that making a choice before you rent a house is important , as your house has a defining factor on yo as an individual.

#30  Why Did The previous occupants move out ?

Lastly ,If possible , find out why the previous tenants vacated the property . This can give you a hint on about the house history or even the environment and what to expect if you eventually choose this place.
This is just my Nigerian-mentality speaking, Ever heard of cursed , haunted or bewitched houses? , You might be wondering yes they do exist and yes in Nigeria.
Renting such an apartment can be disaster especially if you don’t know. But if you are one of them or stronger than them spiritually(lol) you can rent the property.

I have heard of a shop where there is a long history of business failures. Almost every business that has been opened in that particular shop ends up comatose.

Trust me you do not want to pay for what you have no idea about. That is why some people consult their spiritual heads (Pastor’s, Alfa’s, Native doctor’s ) before moving into an apartment.  Do you know that some landlords also use their services to also check background of the prospective tenant?

They say prevention is better than cure.

In conclusion,

I am so glad to have shared these few tips with you . So be honest and moderate on your tastes and requirements to avoid fraudulent agents. Lest i forget you also have to conversant with the current rates across the areas of your choice.

In case you missed the first part of this article , read it here 30 Things To Know Before Renting A House in Lagos part 1

I hope you have enjoyed this article ? If you did please share  with friends and loved ones.

Did i forget any tip ? Please drop them in the comment box below and i would include it .

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30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS http://9japroperty.com.ng/30-things-know-renting-house-lagos/?utm_source=rss&utm_medium=rss&utm_campaign=30-things-know-renting-house-lagos http://9japroperty.com.ng/30-things-know-renting-house-lagos/#respond Mon, 06 Jun 2016 08:12:50 +0000 http://9japroperty.com.ng/?p=4578 E 0 Renting a house / House hunting can be a big deal sometimes especially in some parts of the world like Lagos, Nigeria. Its another Lifestyle segment on Evatese blog and would be sharing with you 20 things or checklist before renting a house in Lagos. House hunting can be easy and at the […]

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Renting a house / House hunting can be a big deal sometimes especially in some parts of the world like Lagos, Nigeria.

Its another Lifestyle segment on Evatese blog and would be sharing with you 20 things or checklist before renting a house in Lagos.

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOSHouse hunting can be easy and at the same time can be really handwork but most importantly there are some things that individuals fail to confirm , check and consider before they finally sign an agreement to rent a house.

Getting a place to rent can be quite a challenge. It could take anywhere from a few days to few weeks or even more.especially house hunting in big cities such as Lagos is a major task in one’s life.

So Before you rent an apartment,flat or house  you should keep a few things in mind, check out my Tips below

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS

#1 What Location are you really looking for ?

Your Location is a defining factor in house hunting. You should ask yourself , what kind of place am i looking for ? Are you looking for a small place, on a budget ? How accessible is your place by transport system ?
When considering location you should also consider distance of your place of work, traffic strategic points, transport cost etc. If you have a car ,is your road transport-friendly? is there a good parking space etc.

Have you considered the proximity to your place of work ? if your office is located at these high end areas beyond your budget,  it is best advised to get a place that is affordable and relatively close to your place of work as to the high population density in Lagos. In other words, ALWAYS CHOOSE THE NEAREST OPTIONS TO YOUR WORKPLACE.

Do you have to walk for long or even take a bike before you get to the bus stop ? o try and look for  accommodation in  places that are closer to your place of work, closer to commuters bus- stops.

What of Your place of worship ? Is there a church or mosque close by ? it is not as important as your place of work but it depends on you.

Is the location in a remote place or How far is your apartment from the city /town ? Just Ensure there is good access road and probably proximity to a bus stop.

What of shops and markets? consider a location that is not too far from the local market, malls, boutiques, grocery stores, pharmacist, hospital, clubs, schools and every other commercial and social activities.

#2 Agents PALAVA!!

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS This is a major one, to be sincere Most Agents in LAGOS cant be trusted o.(I told you here first). You have to be a step ahead of him/her.But you still need them to get that house you are looking for most times.
When i was house hunting i met several types of Agents , both the ones who will want to overcharge , some might even dupe you . It is preferable to get an agent from someone who has used his services before at least you have a little bit of confidence etc.

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Don’t give these agents the total rent till your are sure that the apartment is vacant , insist you speak with the landlord and if he tries to persuade you from doing do by giving excuses then something is fishy.

#3 Online Services ????

Online house hunting is another means of getting a house from your comfort zone but don’t forget this is still Nigeria o. You still have to be sharp and wise. There are various platforms for doing so online especially if you have a busy schedule  .xsimple custom logo.png.pagespeed.ic .rC FbEYNSq 300x300 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS

 

9japroperty is an example of an online platform to house hunt at your convenience.

Question: Would you prefer House hunting online or you would rather do this physically ?

#4 Flood

This is a big one. Lagos is a huge city that is located near the coast .

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS Rainy season in Nigeria, especially Lagos can be one of the ugly times of the year for residents. Floods are a major risk as lives and properties are lost most times, you have to make you research how the location you have chosen responds to flooding risk.

So i wouldn’t want you yo wake up one morning homeless or worse wake up to see your bed floating on water…just kidding

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS
But this is very important. If you have seen a place and you desire it ,and you think you can cope then that fine.
Don’t let the beauty of a particular area convince you into moving there, all that glitters is not gold.

Quick Tip: In order to avoid this , why not check out an apartment , or the location during rainy season as you will see the effect of the heavy rains and make your choice clearer.

#5 When do you view a place ?

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS When house hunting , its advisable from experts and experienced persons such as me *winks* 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS to view the property both during the Day and Evenings.  This is majorly for security reasons. Some places have a deceptive look during the day but at night something else..
Assuming you have made that choice of an accommodation , ensure you double check the neighborhood before you sign an agreement .

#6 Check For Defects in the property

It would be kinda sad for you to move into a house just to find out that there are defects that were not noticed before.

Please do check for cracks on the wall, are the water pipes working ? is the roof leaking ? inspect the plumbing, check if toilets can flush , if there is water source and ensure they are OK ,check the doors , windows etc and make sure they are all in good working condition . Do the windows open? Do the appliances work? Ask about mildew, smoke alarms, and snow removal.
Ensure major issues are sorted before you move in .

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#7 Mobile Reception

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS

This might not be  big deal , but i feel it is o. You don’t want to move into a house or apartment or flat that has no network service- mobile dead zone.
You don’t want to be climbing trees to look for mobile reception..

#8 Have you met the Landlord?

This can sometimes be impossible especially when the agents give you one story or the other. If possible it would be nice to do so.. it’s preferable if you can rent directly from the landlord.

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS
Most times people are lucky enough to get an accommodation from the owner directly. My last house i rented i was lucky enough to do so. But sometimes it can turn out to be a bad idea as over-familiarity sets in . So i prefer a middleman , thats where the Agents come in.

It’s safer for you to remit the rent fee to the landlord’s bank account at least your teller serves as prove of payment.During negotiations with the ‘Agent’, subtly suggest you will like to speak with the landlord.

Quick tip: Sometimes if the rent for an apartment is too good to be true, it is a telltale sign that something is wrong somewhere.

#9 Ensure all promises made are fulfilled before you move in

Be cautious if the landlord promises to fix things before you move in or that he’ll get to it sometime after you move. If your landlord makes promises about fixing the house, make him write them down with the date the work will be completed — preferably before you move in.

#10 What’s your budget ?

This is another huge determining factor m, in-fact this is the most important. Your budget limits you to the kind of areas you would find places to live.

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS
Consider your pocket , ensure there is no hidden fees to be paid. Ask yourself if you can meet up with payments. Double check the rent details , how much it is , when it would be due. etc

Be Budget-wise places such as Lekki , VGC, Ikoyi etc. are high tenancy rates area. So you wouldn’t take a budget of 300,000 naira/per annum for an apartment there.

Also cross-check that there are no hidden fees .for example an agent can tell you the rent is 200,000 naira per annum but you are not aware of the fees such as 10% legal fees and 10% agency etc. Most rents are paid 2 years in advance , which means you have to be able to provide 500,000 naira.

Note: the rent tribunal act stipulates the prescribed rent per area and the prohibition of landlords from taking rent beyond 1 year

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#11 Tenancy Agreement

In case you don’t know what this is, its the legal document you sign before renting a property. Make sure you read through thoroughly before you sign .

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS

Understand the contract and ask questions where necessary. Before signing, read, and if necessary get professional advice on, any documents you have to sign.

The option of renewal of tenancy after 2 years should be stated and 6 months notice mus be served before terminating tenancy.

Imagine a tenancy agreement that states the time you must come into the compound , what you must do and not do , that you cant receive visitors etc.. very ridiculous. So you have to read this documents very well

#12 Fees, commission , deposits etc.

This is the part the agents enjoy the most . You have to know that you can be asked to pay .
Agents Commission which is a 10% fee, Deposits (sometimes called caution fee)  for prospective damages which would be returned to you when moving out  of the property if you don’t damage anything.
Note that if you didn’t use an agent , you wouldn’t have to pay the agents fee…

#13 Furnished or Unfurnished

Well its rare to see furnished houses in Lagos, but there are few that are furnished to an extent, so check that and add costs of furnishing to consider your budget.

#14 Security

This is essential .

In as much as there is no guarantee of the safety and security of lives and property in Lagos there are some things you should check .

First you check if the doors, windows are vulnerable to robbers , burglars.  What of the neighborhood, immediate surrounding ? Check if the fences and walls are secure.

 30 THINGS TO KNOW BEFORE RENTING A HOUSE IN LAGOS There are some areas that are more secure than others , Places like Mushin i heard is noted for high rates of thuggery and criminality. Everyone cannot live in the more secure places like Lekki, VGC, and Banana Island etc.

Just beware of these notorious hot-spots that have a history of high crime rate and are riot-prone.

#15 Basic Amenities

Very important there should be basic amenities provided at least. So find out if there is Steady electrical supply in that location ? Roads ? Is there clean water supply?  Any local supermarket or kiosk nearby ?
One important thing i always look out for is where to but recharge cards for my phone.

Also , consider of there is any hospital or medical facility around for urgencies.

Hint: I heard that places that have good electric supply are relative. So if senior PHCN officials, prominent politician lives in that area or there is an unholy alliance between PHCN staff and Companies around there.

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Things To Consider During Land Purchase http://9japroperty.com.ng/things-to-consider-during-land-purchase/?utm_source=rss&utm_medium=rss&utm_campaign=things-to-consider-during-land-purchase http://9japroperty.com.ng/things-to-consider-during-land-purchase/#respond Thu, 24 Mar 2016 11:33:09 +0000 http://9japroperty.com.ng/?p=4366 When buying land, please take the following into consideration. 1. Determine the size of land required for the building project 2. Determine in advance the number of floors you want in the building project 3. Buy land in an area where high rise buildings are allowed, if you wish to build a high rise building. […]

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When buying land, please take the following into consideration.

1. Determine the size of land required for the building project

2. Determine in advance the number of floors you want in the building project

3. Buy land in an area where high rise buildings are allowed, if you wish to build a high rise building.
4. Verify that the land is free from government acquisition

5. Verify that the person selling is really the owner

6. Evaluate the distance of the land you wish to buy from oil pipeline route, where applicable

7. Evaluate the distance of the land from power line route, where applicable

8. Evaluate the distance of the land from the major highway, where applicable

9. Evaluate the distance of the land from the moat or natural gorge, where applicable

Government regulations specify distances for items 6-9 above. However, some land sellers will tell you it doesn’t matter whether the land does not meet the distance requirement from pipelines, highways, power lines, and moats.

My advice?

Don’t believe what they say.

When you purchase land that contravenes the land act, sooner or later, the government will take action against you.

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4 Things Agents Shouldn’t Do http://9japroperty.com.ng/4-things-agents-shouldnt-do/?utm_source=rss&utm_medium=rss&utm_campaign=4-things-agents-shouldnt-do http://9japroperty.com.ng/4-things-agents-shouldnt-do/#respond Mon, 02 Nov 2015 10:28:13 +0000 http://9japroperty.com.ng/?p=3872 Real estate is a very competitive business, so agents need to be at the top of their game always. Constantly doing the wrong things or fail to take the right decisions, could land them at the short end of the stick. Below are some reasons things to avoid on your way to becoming a successful […]

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Real estate is a very competitive business, so agents need to be at the top of their game always. Constantly doing the wrong things or fail to take the right decisions, could land them at the short end of the stick.

Below are some reasons things to avoid on your way to becoming a successful agent:

Failing To Prospect
Prospecting is an opportunity to sell your business to clients and property owners alike as they tend to know what you have to offer and how you intend to deliver it. Some agents are scared of prospecting because of the fear of getting a ‘NO’ response and they erroneously associate ‘NO’ with rejection and failure. It is a normal thing to get a NO response from people; we will probably encounter more ‘NO’ responses than ‘YES’ responses in a lifetime. Start having a positive attitude and start associating ‘NO’ with a sign that you are doing something towards achieving greatness.

Unwilling to Follow-up
Follow-up is very essential in real estate marketing as it reinforces the client’s confidence and loyalty. Clients are keen to do business with an agent who always does an effective follow-up. When you don’t follow-up clients, you might lose them faster than you think and this translates into less revenue.

Getting Thrown Off-track by One Bad Experience
Having a bad experience is not a desirable occurrence.  It can have a negative impact on your psych but you should not allow it to send you in a downward spiral.
Initially, getting over a bad experience might be challenging but you have to train yourself to do it. Otherwise, you’ll end up broke, depressed and unhappy. So, get up, get your act together and move on!

Making the Same Mistake Over and Over Again
The goal of every agent is to achieve the target objective but when this does not work, go back to the drawing board and find out those things that you did wrong or failed to do.

For example, when an agent fails to land a listing, the best thing to do is to find out why the deal fell through. You will be surprised at the things that you didn’t do right that counted against you. Correct those mistakes and you could be well on your way to landing numerous and lucrative clients pretty soon.

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