Making money with real estate is profound and not child’s play. However, if you’re looking for something worthwhile to invest in with minimal risk involved, try real estate business.
Real Estate Business is possible in any part of the world or in any part of Nigeria. However, Nigeria is the best country for real estate business. This is because there are so many hidden opportunities, and untapped resources in the country. Furthermore, the country is a developing country and as more industries spring up in Nigeria, real estate business thrives.
However if you’re looking to earn real money from real estate business in Nigeria, you should look into big cities in Nigeria like Lagos, Abuja, Kaduna, Port Harcourt and Ibadan. To earn from real estate business in Ibadan there are some proven paths to achieve this easily. In no particular order, here are four proven ways to earn from real estate business in Ibadan.
- Use a part of your home for short-term rentals and long-term rentals
Putting some parts of your home out for either short-term or long-term rent is a great way to make money from real estate. All you have to do is take good photos and ensure that your property is comfortable enough for a rental service. You can also hire an agent to help you manage your property and bring you clients to ensure good business.
Long-term rentals are a more common form of investment. Renting out a property for as long as possible is a wonderful investment. Your tenant signs an agreement and is committed to paying monthly throughout the duration of the long-term contract. This kind of investment will enable you to receive a stable flow of income for a set period of time, without having to worry much about the house since the tenant will be responsible for major repairs unless the house requires major repairs which the tenant can not responsible for.
- Act as a middleman between a distressed seller and a motivated buyer
Another amazing way that you can make money from real estate without having to put up very much capital or credit is to act as a middleman between a distressed seller and a motivated buyer. All you have to do is find a distressed seller and a motivated buyer, then bring them together. You’ll definitely earn from doing this. It could be distress selling of a land or distress selling of a readymade property.
Locating a distressed seller might seem difficult, but to do this, you have to be able to identify vacant homes or homes that are behind on their mortgages. Emirsoft can help you locate distressed properties and sellers as soon as possible. If you are able to effectively find distressed sellers, you need to then have a list of prospective buyers who you can link them to, who can quickly pay.
- Making money with real estate involves property Development
Property development is also another amazing way to earn from a real estate business.
It involves purchasing land, erecting buildings, developing infrastructure, and selling to the buyer either at carcass (lintel level), fully finished, with fittings, plumbings, and so on, or fully finished and furnished.
This arguably can be the most profitable strategy when trying to earn fast from real estate. Visit our marketing program page to help you know more about selling real estate business.
5 ways to sell a real estate business
Selling real estate requires a lot of experience and expertise. Here are five tips to help you sell real estate better.
- Start by knowing your target market. Luxury apartments need to be targeted at the elites who are technologically inclined and will pay close attention to the details before the go-ahead to make purchases.
By giving life and identity to your project you will be able to help people make more informed decisions and at the same time visualize it.
- Give the option of a payment structure
Having a well-defined payment structure will help your prospective customers decide on what they want and how they can pay at their own pace.
- Train and equip your marketers
By having trained and well-informed professionals represent you, it will be easier to make sales.
- Sell the experience you have
Always put forward your real estate experience and breakthroughs. This helps consumers make the best decisions and foresee the benefits and features in your property.
- Making money with real estate involves choosing the right location in the line of government interest
When talking about real estate business one of the best ways to earn or the fastest ways to earn is to choose the right location in the line of government interest. Here in Nigeria, location is a great strategy for your real estate investment. Location makes it easy for a property to even to sell itself.
Some prime locations in Ibadan are found in Emirsoft. Also choosing real estate areas that the government has interest in helps. This is because to succeed in the Real estate business and investment here in Nigeria, you have to keenly follow the government’s policy direction and area of interests.
In Oyo state for example, Governor Seyi Makinde announced late September, 2022 the development of housing and construction of Three Hundred and Sixty (360) Housing Units jointly sponsored by the Oyo State Government and realtors around the Egbeda Local Government Area, Ibadan. This is one of the many actions that has boosted real estate in Ibadan.
The Governor made it known that the project is in fulfillment of a part of his promises to the state which included Accelerated Development in Oyo State, and facilitating a housing scheme through variants of public-private partnership initiatives.
In Ibadan, citizens were encouraged to invest in real estate opportunities. This is because land value, property value, as well as demand and supply increased in local governments that the government is interested in.
Also in Ogbomoso, Challenge, Apata, New Ife road, Bodija And many more, the Oyo state government has put up infrastructures and/or real estate projects which individuals can benefit from. Contact us to find out more about areas in Oyo state where government interest lies so you can wisely invest.
Making money with real estate can be easy if you understand the market, take the right steps and remain resilient.
You can earn with 10% sales commission on any sale you bring to Emir Soft Property. Kindly click to fill our Consultant form to join our team and start earning money
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