Happy November to you! I can feel the signs of Christmas in the air. Welcome to J-I WORLD. I greet all my fans and friends worldwide from Africa to Europe, USA, Asia, Australia, South and North America, Antarctica; special greetings to my visitors and fans in Nigeria and the United Kingdom. Please be well informed that all the google ads by the side bar or under the posts are all powered by GOOGLE LIMITED, a world renowned company and search engine experts. This information became necessary because J-I have been receiving calls based on some of the advertisements. Please contact the source of each adverts you access in their sites. Thank you for being a great follower and visitor to my blogs and keep following my blogs with integrity in mind, maintain the strong moral principles with the fear of God. I am still working seriously on filtering advertisements here as placed by google. God bless you.
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TODAY ON THE BUSINESS BLOG: CONTINUATION OF THE TOPIC REAL ESTATE AND ASSOCIATED OPPORTUNITIES
Hello first time visitor to this topic, it is strongly advisable for you to start this series from the beginning. Go to my last two posts for the introduction to this topic, “Real Estate”. In my last post, we were given information about Real Estate opportunities as an agent, a consultant, a surveyor and a labourer.
The duty of a Real Estate Labourer may be restricted to the less priviledge who are strong and capable of doing the job of clearing weeds and probably debris, then keeping the land smooth for survey by the agent, consultant or interested buyer. In most cases, the owner of a property pays the Real Estate Labourer. The only way an interested labourer can get a contract is to go to different sites and negotiate with the owner for the payment if given the job.
DOs AND DONTs IN THE BUSINESS OF REAL ESTATE
The business of Real Estate is not a thing you just jump into without considering some very important factors like-
ü Knowing your purpose of acquiring a property. Is it for investment and resale or for your permanent residence to be erected?
ü Then you should now know your choice of location and the capital to invest
ü You should know the kind of owners and agents you are dealing with, so that you don’t fall into the hands of fraudsters.That brings back the issue of getting registered as an agent with the association in your country.
ü Ensure that your choice area is suitable for the nature of business you intend to set up in that site. This is important for people who acquire lands for the sake of establishing a business there or for other reasons.
ü Ensure that you get all the required particulars from the person you are buying a property from before payment is made. People often rush into making payments before requesting for the particulars. You really need to avoid all of those court cases.
ü It is advisable for you to know the history of the area, land or building you are acquiring your property from. By the area, I mean natural disaster like gully erosion, earthquake, etc. By the land, I mean you should inquire about the surface and entire land mass (some person have unfortunately bought lands that were once used for burying wastes and now had to sand-fill the entire landmass; you know what that will cost of course).
Ladies and gentlemen, I am glad to have posted the information here today, because these are the key things you need to know to succeed in the business of Real Estate.
I am not done yet, because this topic would be concluded in my next post in just a few days. See you then.
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