Most people who purchase land in Lagos and elsewhere don't really understand the meaning of these Real Estate terms. As a potential buyer wishing to buy a land or build a new house you must be conversant with a few of these figures. The first hurdle is to understand the system of Land measurement in Nigeria.
In Nigeria today, Land is measured in Hectares, Acres, Meters and Feet. These measurements are affected by factors, which include development pattern, human and environmental factors.
Let's start by asking what is the size of a standard plot in Nigeria?
According to the dictionary meaning of a plot: A plot is a marked out piece of Land for the purpose of building or farming. The word 'plot' is an arbitrary term used to describe a land division carved out for property development.
The size of a plot can vary for different reasons but according to Nigeria's land division, the appropriate plot for a house construction is 50 x 100ft which can accommodate a standard house with a small compound. To better understand land divisions used in Nigeria, different units of area are used as follows:
HECTARE
A hectare is one of the least known metric units and one which potential buyers and Estate developers seem to struggle with -
It is a land measuring:
👉🏿100m x 100m OR
👉🏿328ft x 328ft OR
👉🏿10,000 sqm OR
👉🏿Two and half acres OR
👉🏿15 plots.
ACRE
An Acre is a standard unit of measurement used by Land sellers and it is almost equivalent to the size of a standard football field. An Acre is a product of any rectangular plot of land giving a total of:
👉🏿4,046sqm OR
👉🏿43,560 sq ft OR
👉🏿6 plots (each measuring 60ft x 120ft)
PLOT
In Lagos State, the standard size of a plot is 60ft x 120ft (18m x 36m i.e. 648 sqm), while in some other cities of the country, plots are measured in 50ft x 100ft.
HOW TO UNDERSTAND LAND TITLE AND DOCUMENTS
-Real Estate Coach Spark shares this, though copied, but I feel we should go through it.
SURVEY PLAN
A Survey plan is a document that measures the boundary of a parcel of land to give an accurate measurement and description of that land. The people that handle survey issues are Surveyors and they are regulated by the office of the Surveyor general in Lagos as it relates to survey issues in Lagos. A survey plan must contain the following information:
1. The name of the owner of the land surveyed
2. The Address or description of the land surveyed
3. The size of the land surveyed
4. The drawn out portion of the land survey and mapped out on the survey plan document
5. The beacon numbers
6. The surveyor who drew up the survey plan and the date it was drawn up
7. A stamp showing the land is either free from Government acquisition or not
EXCISION
Land Use Decree on the 28th of March, 1978 that vested all lands in every state of the Federation under the control of the State Governors. The Land Use Act coupled with other laws made it possible for the Governor who was now the owner of all lands in the state to actually have t…
[14:48, 10/15/2018] +234 813 935 9933: Good afternoon house, please, I need the payment plan for the house in Dubai. Asap.
[14:53, 10/15/2018] Affa: 👆👆open the folder
[15:20, 10/15/2018] Affa: DON'T FEEL DISCOURAGED OR FEEL ITS DIFFICULT TO MAKE SALES
Steps after registration as a real estate consultant.
1st thing/Step: Go for Site Inspection. Visit the sites. Get yourself familiar with the location and landmarks. This is called "Product Knowledge". This is very key and important to your success in this business. And this is why so many consultants do not succeed in this business. You must know your Onions. Appreciating the importance of this, I am bold to tell you that I have been to these Sites more than 50 times. And that has really helped my business a lot. I was at the site last week.
2nd Step: Get the list of All the locations names, title, price per plot, location, landmarks, etc)
NOTE: go to the office, get the updated flier from the different companies.
3rd Steps: visit the company website. Study it and get some vital information therein.
4th Step: Start your marketing.
How???
👉🏾Start from "the Known" to the "Unknown". That's, start from your families, Brothers, Sisters, Cousins, friends, Colleagues at work, Coworker,... This is a Strategy that has proven effective and work Magic!.
*Pick up your phone. Look through your phone book/contacts to see who among them can afford your products (property/lands). Call or send message to the or both. Let them know your new line of business— Real Estate!
👉🏾 Target Groups e.g. Mosques, Churches, Cooperatives Societies, etc. Go to them. Ask for their heads, give your flyers and share the land opportunities with them. You can even go with a well prepared proposal in company's Letterhead.
Nothing can be more interesting than when a group with all its members decided to buy into an estate! That is a Huge COMMISSIONS that may be running into Millions for you, you know!
👉🏾 Use Classified Ads (paid/free). e.g. Olx, jiji, Nigeria Property Centre, Efritin, Lamudi Jumia house, private property, etc
👉🏾 Bulk Sms & email marketing... Works magic...
👉🏾 Use the Social Medias— Instagram, LinkedIn Facebook, bbm, whatsapp, telegram, etc
👉🏾 Get a blog or website, I recommend a blog for everyone here because it's easy to edit.
more hints below, don't be in a hurry, take your time to read and implement please
~~~~
Here's a list of methods you can use:
1. SMS Marketing
2. Email Marketing
3. Website / Blogging Marketing
4. Fliers
5. Facebook, Twitter, Linkedin Postings
6. Online Marketing (Lamudi, Kaymu, Dealdey, Privateproperty, Hutbay, 1link, LinkedIn etc)
7. BBM Broadcasts, Channels and Ads
8. Whatsapp Broadcasts
9. Newsletters
10. Blogs too as in item3
11. Flex Banners
12. Event Displays
13. Word of Mouth (One On One)
14. Affiliate Marketing
15. Newspaper Ads
16. Magazine/Soft Sell Ads
17. Branding Campaigns
28. Cold Calling etc
_Give some or any of these a try, don't be confused, if you need help or advice, call or Whatsapp your upline.
Thanks for reading.
Happy Selling.....
Don't forget the different PROMOs still on.
[15:21, 10/15/2018] Affa: Question:
How do you promote yourself so well for your audience to patronize your products?
Answer:
click on this link, Read and apply it to your Real Estate business
👇👇👇👇 http://www.smallstarter.com/know-the-basics/10-ways-to-attract-more-customers-to-your-small-business/
[15:25, 10/15/2018] Affa: HOPEWELL PARK ESTATE
HOPEWELL PARK ESTATE is perfectly located in the up coming region and industrial belt of new Lagos where massive projects is on-going, along the Lekki Free Trade Zone, Ibeju-Lekki with closed proximity to rapid Development.
LOCATION: LAPEKUN 8 MINUTES AFTER FREE TRADE ZONE.
PROMO PRICE: N2,500,000
TITLE: EXCISION
SIZE: 600sqm
PROMO VALID TILL 20TH OCTOBER
NEIGHBOURHOOD
- Dangote Refinery
- Lekki Free Trade Zone
- Pan African University
- Lekki Free Trade Zone
- The New Seaport
- 2 Golf Courses
- Several Upcoming Gated Estates.
FACILITIES
Gate House
Perimeter Fencing
Good Road Network
Secured & serene Environment
Electricity
Good water treatment
Good Structured Layout Etc.
For more information and inspection, kindly contact or whatsapp:
[16:50, 10/15/2018] Affa: ESTATE OF THE DAY:
THE DREAM HOME FOR YOUR PRECIOUS FAMILY
OASIS Gardens, Abijo GRA, Lekki, Lagos.
3-Bedroom Tastefully FINISHED Deluxe Apartment with spacious living room area, all rooms-ensuite with additional guest toilet.
Each home sits on a plot size of 690 sqm with front and side driveway and parking lot for three (3) cars.
This is a PAY and PACK-IN (already built) apartment in a residential estate with functional facilities.
Existing Estates Facilties includes:
24-hour private security
Interlocked Road network with walkways
Water Treatment Plant
Stable Power Supply
Green Recreational Area
Street lights
Good Drainage
Lush Green Ambience
Perimeter Fencing and Gate House
This estate enjoys great accessibility to the Lekki-Epe expressway and is in the same neighbourhood with the following:
Novare Shopping Mall (Shoprite)
Lagos Business School
Chalcedony School
Caleb British International School
Crown Estate
Farapark Estate
Corona School
Greensprings Schools
Title: Certificate of Occupancy ( C of O )
This is a Lagos State Government Public-Private Partnership Project.
Original Price: N30M
Promo Price: N24M
LIMITED UNITS AVAILABLE AT THIS PROMO PRICE
SECURE YOUR DREAM HOME with an INITIAL DEPOSIT of just N2M only!
Mortgage Facilities Available
For Inspection | Payment | and Further Enquiries
[16:51, 10/15/2018] Affa: GENERAL OASIS AND CHOIS GARDENS ABIJO GRA AND CHOIS CITY AGBOWA (IKORODU) INSPECTION
This Wednesday 17/10/2018
Call at least 24 hours ahead to Book Seat Reservation for the Inspection
Call Now: 07046310487
Take off Time: 10am
Take Off Point: First World Communities Ltd Office, 15-17 Busola Duro
***a later date would be announced for CHOIS CITY Agbowa, Ikorodu Inspection.
[20:52, 10/15/2018] Affa: Christal Homes has really made me happy today. No, I didn't win a price or land 🤣 but I won back my client's trust.
A client of mine bought some lands from another company through me earlier this year and completed payment in February, her Survey and allocation came out on the 1st of October, 2018, 8 months after.
Same client bought Christal Villa Kentops in September 2018 and completed payment barely two weeks ago. Viola! Her Survey Plan and allocation is out already. No delay!!! The same client that said "shuke" (yinmu) 🤣🤣 is shouting "Toun, weldone"! I've just gotten my client's trust back.
In addition, a client that once called me scam in that same September (all because he didn't believe a land could appreciate from N800k to N3M after obtaining valid title on that same land) is now begging to buy Kentops at a reduced rate shortly after I informed him C
Twice, Christal Homes has come through for me, Thank you Mr Chris!
From Barrister Adetoun
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