BECOMING AN ESTATE AGENT OF VALUE IN NIGERIA
Becoming the Estate Agent of Value in Nigeria WRITTEN BY BLUEHEDGE REALTORS POSTED IN ADVERTISING Without boring you with dictionary definitions, estate agency is a fiduciary relationship whereby a person (referred to as ‘an estate agent’) act as an intermediary between a principal (property owner/landlord) and another party (property buyer/tenant). Many people (including some Estate agents) have misconstrued who an estate agent is, as well as the functions/roles of an estate agent. Almost everyone, especially if you had ever attempted to rent/lease or buy/sell a property would have come across an estate agent, or someone who claims to be one. The business of estate agency in Nigeria is an all-comers affair, as there is no strict entry and exit barriers, hence, the prevalence and preponderance of ‘quacks’. To checkmate the harmful incidences of this group of people, some concerned bodies such as the Nigerian Institution of Estate Surveyors and Valuers (NIESV) established the Associatio