Starting a real estate business in Nigeria is one of the best opportunities in Nigeria available to anyone seeking to generate cash flow. What you need to become a real estate agent Nigeria is a little capital unlike other countries where you have to go for a specialized training write examination, becoming a real estate agent in Nigeria is very easy you need to be influential and be able to convince people, have a good website which we can help you build a good website that will attract buyers.
ADVANTAGE OF BEING REAL ESTATE INVESTOR
1.As a real estate agent, you can associate with other agents and people in the real estate world. The more people you know in the business, the more people you can tell that you are looking for property. Sometimes the best deals are those that are brought to you, not the deals you find yourself. Let everyone you know that you are looking for investment properties and you never know what will turn up. some have purchased a couple of properties that were never listed on the MLS because of their contacts in the business.
2. If you are a real estate agent that does many deals, most agents will know who you are. If you bring a good reputation for getting deals done, sticking to your word, and being dependable, other agents will want to work with you on tough deals. Many properties have major issues and are tough to sell. But how you handle the tough issues will attract the attention of Other agents to know you and know you can do your best to get the deal done.
HOW YOU CAN MAKE MONEY FROM INVESTING IN ONLINE REAL ESTATE AGENT.
I think being a real estate agent is one of the best opportunities out there. There are many forms of income in the real estate business. If you are motivated and dedicated to making it in the business, you can make serious money. here are some of the different areas that can generate income. Retail Sales: This is the most common way to earn money as an agent. Retail sales involve listing houses for private sellers and selling homes to buyers. If you are dedicated and treat this as a real job, you can make a lot of money. Many agents make over N20,000,000 per year and the very best make much more than that.
Commercial Sales: Commercial real estate requires much more experience and knowledge than residential. It is difficult to break into commercial unless you start with a commercial firm that can mentor you. Experienced and successful commercial agents can easily make hundreds of thousands of Naira per year.
REO Sales: REO properties have been foreclosed on and they have gone back to the bank. REO agents list and manage these homes for the banks. Agents can make a very lucrative living if they work with the right banks. It can take years to build up your business and the supply is determined by how many homes are foreclosed on. REO agents are not allowed to buy their own listings, as it is a conflict of interest.
Short Sales: Short sales homes are listed by private sellers who are selling the home for less than they owe the bank. There is a huge market for short sales and many agents make a great living specializing in this field. It takes a lot of patience and diligence to close a short sale since the banks have many requirements and they can take months to approve a short sale.
HOW TO GET STARTED
Website is one of the paramount thing you need to get started, the website is where you can link prospective buyers and sellers , through this means you earn commission for this and you could earn 10-30% In any single deal. Question is how to know who is selling or buying. Promoting your website will attract many agent who can partner with you for the fact that you have a website clients will so much believe in you and that will make you earn from your fellow agents.
Having a website for this lucrative business is pocket friendly.
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