₦airaland Forum

The future of Nigeria lies in the private sector.

Kudos to every entrepreneur out there that's building products that will affect the country positively.

Awesome. She deserves it.

Nigeria to the world.

I guess this will continue till after the election.

This is a big win for Nigeria.

Abolodje:
E no concern me abeg, you get money why you no buy house for the abroad😕

There are some reasons why people would buy properties in Nigeria;

1. They already have a property in the abroad and would love to invest at home.

2. Some people are abroad to hustle and want to retire in Nigeria. So they want a fallback investment.

3. Lands are cheaper in most parts of Lagos than the abroad and the lands have a high tendency to do X10 ROI in a couple of years.

Great content OmonileLawyer.

A lot of clients think it's too expensive to hire a lawyer and pay for due diligence.

They feel "if the property is not genuine, my payment to the lawyer is gone"

It is better to spend a couple thousand Naira and save yourself from loosing millions.

@Lawyer, do you have a price list for your services?

If you are looking to invest in Real Estate in Nigeria, PropertyScout is the best company you should deal with.

Quite interesting

There are many businesses to do in Nigeria or abroad, why choose an illegal business (in another country)?

The risk is not worth it.

It is well.

I was surprised when I saw him on set for Shanty Town.

Which city or state is the land located in?

How long have you owned the land before you decided to sell?

It's possible that the seller understands that the land has appreciated more than the amount you listed the property for. He sold it slightly higher than how much you told him to sell.

Since he acted as an agent for you, he's charging you 5% for his services.

It's also possible that he may not trust you to send his 5% commission since you are not in the country, hence, he wants to remove his commission before sending you the money.

If you've not already sold the land, you can tell him to hold on while you do due diligence (find out how much that size of land is selling in that area, you can search online, call friends/families or speak to a Real estate agent operating in that area)..

If you don't want to go through the hassle, sell the land, collect the ₦950,000 (as far as it's above how much you paid for the land) and move on but learn from the experience in case of next time.

The minimum wage is still too small

Africa has what it takes but a lot of Africans do not believe in themselves. They feel nothing good can come out of Africa.

A lot of Africans still think that the whites are superior to blacks.

To do the unthinkable, you have to first believe that you can.

Nice one.

The syllabus should also be upgraded.

It is well

Not everyone serves. You can get an exemption letter instead

But he didn't lie na

Ceeman2o:
Tell the public how much you're charging for The unrealistic agent and agreement. You just innocently write 850k as if it wud rent the house. 850k then you charge 600k for useless agent nd agreement. Tell ur client the truthful package here. Rippers

Some agents combine the legal fees with agent and agreement thereby making the agent and agreement fee look more expensive.

Like the 600k example you gave, the legal fee was included but you were not told.

It is the landlord's and his lawyers that charge these legal fees. It has nothing to do with the agents.

Also, some landlords take extra cuts from the agent and agreement fee.

So, most times, it is not entirely the agents fault.

.

It is well.

Educative thread.

Available house for rent:

https://www.nairaland.com/7478467/available-houses-rent-within-yaba#119122887

2 Bedroom Upstairs for rent 850k yearly.

Agent and agreement: 220k

Legal fee: 220k

Total package: 850k + 440k = ₦1,290,000

Location: Ilaje, Bariga, Lagos

Good day Nairalanders. My name is Chris from Propertyscout.

I help clients scout for properties for rent, sale or lease.

In this thread, I wl post available houses for rent in the following areas;

Alagomeji
Fadeyi
Shomolu
Bariga
Akoka
Ilaje.