Land for sale in Lagos: 10 things your real estate agent wishes you knew
The world of Real Estate in Lagos is fast changing.
It can be complex if you do not know how to overcome the challenges that comes with buying and selling of lands and properties in Lagos.
Lagos real estate agents have been equipped with all the information and skills needed to help real estate investors invest wisely.
Furthermore, real estate agents have learnt the ropes of the business and they know how to sell any and every property with good negotiation skills.
Real estate investors are not perfect; they make mistakes and the lessons they have learnt from their mistakes have made them better with all real estate transactions.
Buying lands in Lagos can be very difficult and a lot of questions have been asked about Lagos lands for sale.
Discover 10 things your real estate agent wishes you knew about Lagos Land for sale.
1. IT IS BETTER TO STICK WITH ONE AGENT THROUGHOUT THE “LAND FOR SALE” PROCESS
Many buyers and sellers make the mistake of moving from one real estate agent to another when trying to purchase or sell a land in Lagos.
It is advised to stick with one professional real estate agent that you can trust and work exclusively with them.
Connecting with one particular real estate agent gets you full attention especially if they know that you are not asking several other agents for their services.
If you have found one great real estate agent, do not waste further more time, get all the advice your agent can give and start the buying process professionally.
2. IF YOU ARE A LAND BUYER, PUT FORWARD YOUR BEST OFFER
When interested in a particular land for sale in Lagos, it is advised that you come in with your best offer within your budget. The market is highly competitive and you may lose the land for sale if you do not have a good deal with the seller. Make sure your offer is accepted over others by not down-pricing a land for sale in Lagos. If you do not give your best offer, another buyer will take it from you quickly.
3. IF YOU KEEP RENTING PROPERTIES, YOU COULD KEEP LOSING MONEY
If you continue to rent properties in Nigeria, it could be costing you more money.
Why not acquire a land in Lagos and enjoy all the financial and ownership benefits.
You could actually save some money by purchasing a land in Lagos sooner or later. You can call that good investment.
4. BE SURE THAT YOU CAN ACTUALLY AFFORD THE TRUE COST OF OWNERSHIP
When acquiring a land for sale in Lagos, ensure that you can afford all the necessary costs needed to maintain the property over the years. All potential costs should be added to overall cost of land ownership budget.
5. MAKE AN OFFER QUICKLY WHEN YOU SEE A LAND FOR SALE THAT YOU LIKE
Lagos lands do not sit on the market for too long. When you see a land for sale in Lagos that interests you, make sure that you make an offer quickly.
Just like I earlier stated, make sure you put your highest and your best offer on the table so you do not lose the land.
Make sure that you allow your well trusted agent to help you with good negotiations.
6. ALWAYS KNOW THAT THERE ARE PROCESSES AND COSTS INVOLVED WHEN CLOSING LAND DEALS
Real estate agents wish that buyers knew the amount of money expected upfront before closing a deal. So many payments are to be made before acquiring a land for sale in Lagos.
Saving up enough money before you start your search for lands in Lagos can help you get better prepared for all the expenses involved in acquiring a land for sale in Lagos.
7. BE CAREFUL WITH BIG PURCHASES
This is for those land buyers taking up loans to buy a land for sale in Lagos or those who have a fixed budget for the land they are interested in acquiring.
Many buyers make the mistake of making big purchases that could rid them of finally getting the land they are so interested in.
Purchases like tools for construction and utilities can eat into the money to be used in acquiring the land. Buyers should concentrate on acquiring the land first and securing it before making other big purchases. Acquiring the land comes first and every other thing can follow later.
8. REAL ESTATE AGENTS ARE VERY GOOD WITH NEGOTIATIONS; TAKE THEIR ADVICE
One of the reasons you have a well trusted real estate agent is for you to take their professional advice for your own benefits.
A good real estate agent will make the land purchase or selling process very easy and stress free with his or her expertise as well as help you get the best deals.
Listen carefully to their advice and believe them when they are giving you the best deals on land for sale in Lagos.
9. DO NOT ALWAYS RELY ON REAL ESTATE WEBSITES
Many land buyers and sellers only rely on the information given to them on various realtors website. Nigerian real estate agents wish you knew that you can’t get all the necessary information on websites alone and you can’t also get good deals there as well.
That is why sticking to one real estate agent, building a solid relationship and connection with them as well as relying on their expertise will help you not to make common mistakes when it come to buying or selling lands for sale in Lagos.
10. REAL ESTATE AGENTS ALWAYS WANT TO LEAVE YOU SATISFIED
Every professional real estate agent wants to make sure that you get the best deals out of everything. Your satisfaction comes first as they ensure they help make your property dream come true. Real estate agents are committed to getting more expertise just to ensure that they deliver a great service to clients and build an awesome portfolio. Great real estate agents will make sure that you get value for your money.
With this few points raised, I hope you’ve been convinced about the right real estate investment decisions to make.