realtor

7 Interesting Things You Probably Didn’t Know About A Realtor and Why Their Services Are Important

by with No Comment HousingLandPropertyUncategorized

It’s no news that having to deal with family, work commitments, and every other thing in-between can be a daunting task. Having to combine all these with the job of scouting for your dream home, or land all by yourself is undoubtedly overwhelming. And so, some may ask why do I really need a realtor? Well, asides from the numerous benefits a realtor provides, this right here (the cumbersome job involved) is more than enough reasons to hire a realtor.

Some have probably heard the word “Realtor”, but really do not know what their actual services entail. The job of a Realtor in the real estate field is all-encompassing. Hence, it is pertinent to understand who a Realtor is and what their services involve.

Who is a Realtor?

A Realtor is a real estate professional who is a member of the National Association of Realtors (NAR), with a professional license to help buyers purchase lands, and houses; and sellers, sell lands and houses. The services of a realtor are imperative in your search for your dream home, purchase of land, or/and properties.

Top 5 Things To Consider When Buying A House in Lagos

Take a cursory look at some key facts about realtors and why you need their services;

Realtors are Professionals and They Provide Expert Opinion and Advice

A Realtor is a professional in the real estate sector, so if you’re looking for expert advice or candid opinion on the next property to buy or invest in, the realtor is your go-to.  

They Pay Keen Attention to Details

realtor
A realtor inspecting the interior of a property

Realtors are experts in the field of real estate, so they know the intricacies of the job. They are able to pay rapt attention to details, something a client may likely overlook. In the process of searching for your desired home or property, a realtor checks every major and even the minutest details in order to ensure everything meets your specifics and more.

 They Provide Value for your Investment

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Sherwood Court Estate

The Realtor ensures you get value for your investment. He/she shows you properties that fit your preference(s) and exceeds your expectations. Real estate investment via a realtor is absolutely worth it!

Excellent Negotiators

Realtors are excellent negotiators, they are effectively able to negotiate the price of properties that will be suitable for both the buyer and seller. They work within your budget and give you the best deal. You sure need a realtor on your team if you’re looking to sell your property or purchase that dream home.

 They Fully Understand the Market Dynamics

Realtors are experts in the real estate business, hence are fully knowledgeable about the workings of this terrain. They are just who you need when looking to invest in real estate.

They Help To Save Your Time

Time and energy expended on searching for a very nice property are saved when you hire the services of a realtor. Realtors usually belong to a network that comprises other realtors, so they are your best bet for finding that perfect property, and in time.

They Assist in Handling the Paperwork

When selling or purchasing land or property, getting the paperwork is really important. That is why you need a realtor, they work with a team of lawyers to help get your paperwork and ensure the whole process goes smoothly.

Realtors are undoubtedly the real deal. Looking to purchase the best of the best land andproperty? Then, get a Realtor!

house

Top 5 Things To Consider When Buying A House in Lagos

by with No Comment HousingLandProperty

According to available statistics, Nigeria has a housing deficit of 17 million units and 3.2 million units in Lagos State! This is huge considering our estimated population of 200 million people. Payment of rent takes at least 47% of monthly take-home. Hence, owning a house is a big deal, but totally worth it.

Getting that dream home in a cosmopolitan city such as Lagos is a huge dream and on so many people’s bucket lists. The joy of getting your own house(s), is unquantifiable. Perhaps, you have made a list of prospective houses to choose from, or maybe, you have no idea on how to get started.

Buying a house is a huge step, and the feeling can be electrifying, however, it’s important not to be too enthralled, thereby not taking into cognizance crucial steps to take in doing so.

There should be an expectation, know what your priorities are, in fact, you should list out these priorities and inform your realtors about them just before the house hunting process begins.

Here are a list of 5 things to consider just before you purchase a house in Lagos State;

Location

You probably have heard this several times, however, the location, particularly in a state as busy as Lagos is imperative and a contributory factor in making a purchasing decision. The choice of a location is up to you, except of course in cases where your realtor advises on a different location, which also matches your preference(s).

In selecting a location, you may want to consider the proximity to places you frequently go to such as your office, place of worship and some other factors. You also need to survey the environment or neighborhood, ask questions to see if it is a place you are comfortable living in.

Omoluabi

Budget

The importance of a budget cannot be overstated. Through budgeting, you get to know how much you are willing to spend for the purchase of your desired home. The budget also defines the style of housing (in terms of the housing layout, size and aesthetics) you want to opt for. You should look to working within or/and around your budget.

Getting a Realtor

You sure do need the service(s) of a realtor or real estate agency before purchasing a house in Lagos State. The realtors and real estate agencies are professionals in the field, who not only take away the large chunk of work of searching for your choice home, they also help sort out the paperwork, provide expert opinions, handle property inspections and negotiations, help work within your budget, plus they also have some of the best closers.

It’s in the Detail

You should also see things for yourself. Check out every detail, from the plumbing, to the electricity, to the various fixtures, security and the aesthetics. Payment should be made when you are satisfied with what you see!

Age of the House

You will also need to check and consider the age of the house. If it is a newly constructed house, then you are going to be the first occupant, but if it is a relatively old house, then you should check out the maintenance culture of the house, just before you make a purchasing decision.

Buying a house in Lagos is a big decision, and you will want to make sure you get everything right. Well, hope these tips help!