Property valuation is a critical part of the real estate industry, and it is important for buyers, sellers, investors, and financial institutions to understand the basics. This blog will provide an overview of property valuation, its importance, and the methods used to determine a property’s fair market value. What is a property valuation? Property valuation...
Read moreHow Technology is Transforming Real Estate Value Technology is rapidly changing the real estate industry, and property valuation is no exception. Artificial intelligence (AI)-powered algorithms and online valuation tools are some of the latest technologies that are revolutionizing the way properties are valued. Enhanced Data Analysis AI algorithms can process vast amounts of data from...
Read moreWhen looking to buy or sell a home, it might be helpful to know the worth of the property. Knowing the variables that may impact this value is quite helpful since it makes it reasonably simple to forecast the price or cost you will receive for a property at a particular moment. You won’t be...
Read moreA property’s value is determined by taking into account a number of variables, including its location, size, condition, comparable sales, market trends, and potential for income creation. While it is always advised to seek the advice of a qualified assessor or real estate agent for an exact assessment, the following are some typical techniques: Comparative...
Read moreReal estate investment is one of how you can achieve financial success. Investing in real estate can be successful but doing it alone can be very risky and challenging. Real estate investment offers better returns on investment than the stock market. However, you need to be careful before investing in any real estate. Ensure you...
Read moreListing is preparing the home for potential buyers. It is how you attractively arrange pieces of furniture and decorations to pull in numerous buyers that are either willing to get the accessories in a home or the home itself. The major purpose of listing a home is to make buyers love the home as much...
Read moreReal estate is an avenue for hackers to steal a large sum of money. Real Estate agents could have their emails hacked by these scammers. Many hackers infiltrate online meeting platforms, posing as legitimate parties to real estate transactions and giving wire instructions to clients. These scammers hack into real estate agents’ accounts and pose...
Read moreHousing is affordable when it consumes no more than 30% of a household’s income. Affordable housing refers to housing units that are affordable by that section of society whose income is below the middle-class household income. Though different countries have different definitions of affordable housing, they all mean the same. It should address the housing...
Read moreFacility management or facilities management (FM) is a professional management of real estate, efficient and effective delivery of its logistics and other support services related to property promoting the functionality, comfort, safety, and efficiency of the built environment by integrating people, place, process, and technology, as defined by the International Organization for Standardization (ISO). Facility...
Read morePictures from the recently concluded Nigerian Institution of Estate Surveyors and Valuers(NIESV) 51st conference, held June 21st-22nd, 2021 at ICC, Abuja. It was a successful and well-planned professional conference. From the left, Principal Partner, Gbenga Ismail with PP Diya Fatimilehin and Co at the recently held 51st Conference of the Nigerian Institution of Estate Surveyors...
Read more
