FAQs

Letting


I would like your firm to help let out my property. How can I engage you?

To facilitate leasing of property on behalf of owners, landlords are required to complete an inquiry form. They would be contacted when their inquiry is received and reviewed and inspection of the property is arranged.  Inspections are important to assess the condition of the property and to advise on repairs and upgrades, if required, for optimal value and market interest. Following an inspection, the property owner is expected to provide the firm with a mandate letter authorizing the firm to proceed with marketing the property.

How do you screen tenants?

Prospective tenants are required to fill our acquaintance form for proper documentation and profile assessment. We also require a valid means of identifications, verify prospects’ place of work and current residence, and secure a guarantor letter.

I would like to rent a property, what process do I follow?

Please browse listed properties on our website and social media channels (IG, FB) for your preference. After selection, contact us to arrange for an inspection of your choice property. If you do not find any property suitable for you on our electronic platforms, kindly fill our enquiry form to guide us in finding you your choice property.

As a tenant, why do I need references?

Prospective landlords prefer tenants who have the ability and are willing to pay their rents on time; and will take good care of their properties. Verifiable guarantors are able to attest to the tenant’s credibility and agree to be liable in the event of a tenant’s default or mismanagement of the property.

Why do I have to pay a refundable caution deposit?

A deposit is held to ensure that damages to the property (over and above fair wear and tear) as well as outstanding utility charges can be corrected at the end of the tenancy. If it is determined at the end of tenancy that no damages have been incurred and all utility charges are paid, deposits are refunded to the tenant.

Sales


I would like you to sell my property, how do I go about it?

To facilitate sale of properties we would require a letter of instruction/mandate to sell from the owner of the property or administrator. If the property is jointly owned, a letter of agreement to sell must be signed by all owners and provided with the instruction/mandate to sell.

Instruction letter should include:

  • Property description and address
  • Whether or not the property is/was under litigation
  • Photocopies of the title documents for the property
  • Advice on accessibility
  • Your reserve price

How long would it take to get my property sold?

The duration of the sale of properties depends on the property location, condition, value, and market situation.

What is your fee?

In line with the scale of professional charges of the Nigerian Institution of Estate Surveyors and Valuers, our professional fees range from 5% to 10% of the sale price.

Can I offer more than one property for sale?

Yes. We can facilitate sale of multiple properties at a time as long as we have a signed instruction to sell.

What type of properties do you have for sale?

We have all types of properties including residential and commercial properties as well as land across all states where we have offices. Please browse our sales listing or make an inquiry

What is your mode of Inspection?

We require 24hrs notice of your interest for inspection.   Accommodations can be arranged if shorter notice is unavoidable.

Valuation


I would like to value my asset, what are your procedures?

Requirements to execute a valuation brief:

  • Letter of instruction stating the purpose of valuation
  • Title documents or other proof of ownership
  • Advance payment (where necessary)

Process:

  • Inspection & documentation
  • Negotiation
  • Valuation exercise & report writing
  • Payment
  • Delivery

Do you execute valuations for banks?

Yes

What other industries or businesses do you execute valuations for?

We execute valuations for various organizations ranging from government parastatals to establishments in different fields e.g Telecomms, manufacturing industries, educational institutions, e.t.c

Can you give an idea of the valuation fee?

The valuation fee is determined by the scope of work;  make an inquiry.

Can you execute valuation in states outside Lagos?

Yes, we have branches outside Lagos and can undertake valuation briefs in most states in Nigeria

Do you value other assets other than lands & buildings?

Yes, we value various types of assets ranging from land and buildings, motor vehicles, furniture, fittings and equipment, plant and machinery, stock and other specialized assets like ship, jetty, tank farm, etc.

Management


I want you to manage my property, how do i go about it?

We require that you submit a  letter of instruction and arrange for an inspection of the property to enable us discuss further.

What are your management activities?

Our management activities include:

  • Routine inspection to enable us know the state of the property and apportion liabilities
  • Rent collection
  • Administration of service charge where applicable
  • Supervision of repair works
  • Serving of statutory notices
  • Management of the day to day activities on the property

What is your management fee?

Our management fee is subject to location and the scope of work.

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