How To Start A Real Estate Business In Nigeria

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how to start a real estate business in Nigeria

HOW TO BECOME A REAL ESTATE BUSINESS GIANT IN NIGERIA

If you want to start a real estate business in Nigeria then you need to follow the same thing what every real estate entrepreneur does across the world.

Company Formation

The first thing you must do is to register a company. This company can be of any size. Depending on your plan you can select the type of Incorporation. For a Startup real estate company in Nigeria, we recommend you to choose the smallest type of incorporation that is proprietorship or a sole proprietor business. In case you have more than one directors then you should look at the partnership or maybe a private limited organization.

The website for Real Estate Business

Once the company is registered you should register a website. Make sure your website clearly shows all the real estate services that you offer. Also, mention that in which part of the country you offer real estate services. In case you offer services all across Nigeria then mention that but in case you only serve to specific locations in Nigeria then be specific.

Buy Sell Rent – How To

Now that you’re company and the website is ready you need to first find the properties that you can rent out or sell. For this, you should visit different real estate websites in Nigeria. Try to connect with your local landlords and reach an agreement. In most of the emerging economies. Real Estate brokers take one month rent as the commission.

Social Media Promotion of Real Estate Services

Now that you have the properties it’s time to find the people who are searching to rent or buy a property. Social media and internet can play a great role in making your dreams successful of becoming a reliable Real estate agent in Nigeria. Share content related to real estate regularly on your social media profiles. You may also advertise aggressively on social media and internet.

Make sure you have a website with Real Estate Merchant Account. To get a solution like this you will have to contact a high risk merchant processor. Once you start getting leads work aggressively on these leads to convert them into strong deals.

Once you have started a real estate business in Nigeria you should always stay positive. This is because the real estate industry is extremely volatile and one day can be good and the other can be bad. If you need any more information about how to generate more traffic to your real estate website in Nigeria. Then feel free to contact us and we’ll be happy to give you more inputs.

This article was written by the team members of Quadrapay.com. The company specialises in helping global merchants find affordable payment solutions. We also assist international merchants in getting affordable echeck payment gateways. We do not charge any upfront fees for our services.

 

Bankim Chandra

Bankim Chandra

Bankim Chandra is a Merchant Account consultant. He works with merchants globally and helps businesses in getting reliable payment processing solution. He writes extensively on the internet about Payment Gateways, Credit Card Processing, Echeck Processing, Chargeback Alerts, ACH and Business Funding.

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