Amazing Property

Baring any unforeseen circumstances, the Council for the Regulation of Engineering in Nigeria (COREN) will soon release regulations for engineering practice. When released it will cover all aspects of engineering practice in Nigeria. The decision followed concerns raised by the Nigerian Institution of Structural Engineers (NISTRUCTE) on non-regulation of their practice. President of NISTRUCTE, Dr. Kehinde Osifala, recently noted the reluctance of COREN to come out with a practice guide for all structural practice in the country, which was in line with the new (COREN) Act. He lamented that the reluctance was in spite of a proposal sent to COREN’ s president for a practice guide for all structural practice in the country, which could help reduce incidence of building collapse. But COREN president, Ali Rabiu, told The Guardian that the council is working on the regulations and in the next couple of weeks, some of them will be released soon. He stressed that the new COREN act has empo...

Notwithstanding its below-average performance in 2020 occasioned by government inability to pay contractors as a result of shrinking funds and other economic realities worsened by the coronavirus outbreak, the construction sector is expected to witness a positive growth in 2021. However, operators said its growth would depend on government’s ability to inject funds either as a bailout as seen in other sectors or by other arrangements. They hinged their positions on the stiff challenges of the sector, which include the recession which forced investors to pull out from equity market, leaving the government as the principal actor, which borrowed extensively at ridiculous rate. As a result, businesses stifled and the sector could not compete amid foreign exchange problems. According to experts, the construction industry’s poor performance as seen in its contribution to the Nation’s Gross Domestic Products (GDP) last year was based principally on financial issues. “Th...

Bernie Sanders Mittens Meme Helps Listing Go Viral | Realtor Magazine Internet Explorer does not currently support REALTOR® Magazine search. IE users, please download Firefox, Chrome, or Edge. President Joe Biden’s one-time political rival Vermont Sen. Bernie Sanders has become a phenomenon—yet again—with the chunky knitted mittens he wore as he sat in the crowd at last week’s inauguration ceremony. Since then, the image of Sanders sitting in a chair with arms crossed in a heavy winter coat and sporting those patterned mittens has popped up on memes across social media—and now on a property listing in Michigan, too.   Typically, real estate pros avoid invoking politics in their marketing, but Tiffany Szakal of IHeartGR.org in Grand Rapids, Mich., couldn’t resist using the Sanders meme in her government-owned listing. “The house came back on the market Thursday as I was falling in love with all the amazing Bernie ...

In many facets of modern life, there’s now a do-it-yourself option and it’s no different when it comes to managing a rental property. Australian Bureau of Statistics data shows about 33 per cent of property owners across the country now choose to manage their own property, bypassing the traditional agency route. This is the private rental market, where properties are managed without a real estate agent or property manager. The property’s owner deals directly with tenants; vetting applications, getting paperwork sorted and managing issues day-to-day. As with any property-related decision, there are pros and cons to DIY management. Benefits of a private rental Bessie Hassan, a money expert at www.finder.com.au, says listing your rental property privately has a number of benefits, such as cost savings, being closer to the process and keeping an eye on your rental property. Managing your own rental property could save you money. Picture: Getty Saves money Listing a rental ...

Zulum Borno State Governor, Babagana Zulum has laid the foundation for the construction of 600 houses at Amarwa Internally Displaced Persons (IDPs) resettlement city in Konduga Local Government Area (LGA) of the state. The houses being constructed by the National Commission for Refugees, Migrants and Internally Displaced Persons (NCRM-IDPs), along Maiduguri/Bama road, is to rehabilitate and reintegrate about two million displaced persons. Upon completion, it will reduce accommodation problems of IDP returnees to the resettlement megacity. Zulum, who pledged to collaborate with the commission to fast track the housing projects, said the resettlement of IDPs into their communities remains a priority to his administration. He noted that the post insurgency recovery and peacebuilding assessment report of the World Bank, as well as the Federal and Borno State governments, shows that over 400,000 houses were torched by insurgents in the state. He, however, lauded the federal government for i...

Operators are optimistic that there could be an early rebound in 2021 if government lives up to its obligations Notwithstanding the poor performance of the real estate sector last year, occasioned by the negative impact of the corona-virus pandemic, operators are optimistic that there could be an early rebound in 2021 if government lives up to its obligations. For a sector hugely dependent on the economic dynamics, experts were cautiously optimistic that real estate will recover in the first quarter. The optimism stems from better understanding of the covid-19 virus coupled with the positive moves by the Central Bank Nigeria in foreign exchange regulation, the recent World Bank report of possible 1.1per cent growth in the nation’s economy and the slight increase in oil price. They also want policy makers to move decisively to tame the pandemic and implement investment-enhancing reforms. According to the Frist Vice President, Nigerian Institute of Architects (NIA), Enyi Ben-Eboh, ...

Some of the housing units in the Plantation City in Delta State Notwithstanding the poor performance of the real estate sector last year, occasioned by the negative impact of the corona-virus pandemic, operators are optimistic that there could be an early rebound in 2021 if government lives up to its obligations. For a sector hugely dependent on the economic dynamics, experts were cautiously optimistic that real estate will recover in the first quarter. The optimism stems from better understanding of the covid-19 virus coupled with the positive moves by the Central Bank Nigeria in foreign exchange regulation, the recent World Bank report of possible 1.1per cent growth in the nation’s economy and the slight increase in oil price. They also want policy makers to move decisively to tame the pandemic and implement investment-enhancing reforms. According to the Frist Vice President, Nigerian Institute of Architects (NIA), Enyi Ben-Eboh, the construction industry is normally one of the ...

Chief Executive Officer and Other National Association of Realtors Leaders Make the 2021 Swanepoel Power 200 List . This year’s Swanepoel Power 200 list includes REALTOR® association leaders, brokerage and MLS executives, and real estate tech innovators and executives from across the residential real estate spectrum. Featured executives have embraced disruption and growth and have provided strong guidance as the nation grapples with the COVID-19 pandemic and forges a new direction on equity and inclusion. For the fourth straight year, CEO Bob Goldberg has been ranked in the top 10. President Charlie Oppler, CEO of Prominent Properties Sotheby’s International Realty in New Jersey, was also named to the list, as were several of NAR’s senior executives. The SP200 list, released Tuesday, is from T3 Sixty, a consulting and research firm for the residential real estate industry. “Despite the complexities and craziness of 2020, many NAR leaders stepped up, and wer...

This year’s Swanepoel Power 200 list includes REALTOR® association leaders, brokerage and MLS executives, and real estate tech innovators and executives from across the residential real estate spectrum. Featured executives have embraced disruption and growth and have provided strong guidance as the nation grapples with the COVID-19 pandemic and forges a new direction on equity and inclusion.  For the fourth straight year, CEO Bob Goldberg has been ranked in the top 10. President Charlie Oppler, CEO of Prominent Properties Sotheby’s International Realty in New Jersey, was also named to the list, as were several of NAR’s senior executives. The SP200 list, released Tuesday, is from T3 Sixty, a consulting and research firm for the residential real estate industry. “Despite the complexities and craziness of 2020, many NAR leaders stepped up, and were willing to do what it takes to serve their members and the real estate brokerage industry at large,” sa...