In the Nigerian real estate market, the terms "real estate agent" and "Realtor" are often used interchangeably

Renting a home in Nigeria can be a smooth process if you budget wisely and plan for every cost. By applying these tips, you can avoid financial stress, live comfortably within your means, and be prepared for any unexpected situations that arise.

Nigeria’s real estate sector may continue to experience gradual appreciation, especially in high-demand urban centers.

For investors, this presents an opportunity to secure properties early in prime areas, as real estate prices are likely to remain buoyant in the coming years.

Real estate, like many others, has seen a rise in AI-powered tools that streamline processes, from property searches to automated valuation models. This has raised an important question: will AI eventually replace real estate agents?

The Nigerian real estate market is experiencing a mixed performance in 2024, with some locations witnessing price hikes, while others are seeing a downward trend. While major cities like Abuja, Lagos, and Port Harcourt remain expensive, several other states are experiencing a drop in property prices due to various economic and local factors.

Whether you’re looking for luxury, a family-friendly environment, or a serene place to settle, Lagos offers various estates that cater to different lifestyles. Banana Island and Parkview Estate stand out for those seeking exclusivity, while Lekki Phase 1 and Victoria Garden City provide more affordable yet modern living options. 

The short answer is yes, but it depends on several factors such as time commitment, resources, and knowledge of the market. Let’s dive deeper into how real estate can function as a side hustle and what it entails.

For real estate agents in Nigeria, multiple streams of income are essential to financial success. While commissions from sales and rentals are the most common, other services like property management, consultancy, and referrals also provide valuable revenue. 

Real estate commissions in Nigeria are indeed negotiable, but successful negotiation depends on understanding the market, the value of the property, and the services provided by the agent. While it’s important to seek a fair deal, remember that quality service often comes at a price.

Canada has become a prime destination for skilled professionals seeking better opportunities, and real estate agents are no exception. With the country’s growing population and diverse real estate market, immigrating as a real estate professional is a viable option in 2024