Why I Prefer Buying Land From Real Estate Companies Instead Of Native Owners
… my reasons will convince and save you so much money.
*** Share this with every Nigerian living in the diaspora ***
Around June/July last year, a Nigerian in the diaspora bought a distress sale property of ₦10 million I promoted here. It was a total of ₦16 million for 3 acres but someone else took an acre.
The property was an abandoned poultry farm sitting on 3 acres of land.
Before she proceeded to make the transaction, she hired a professional surveyor who took time to verify the authenticity of the property. I’m sure she also hired a lawyer to write the transfer of ownership.
She did that effortlessly on her own because she could afford it. Even if she spent a million naira on due diligence, it’s still a good deal.
But how many people trying to buy their first property have such a budget set aside for just due diligence?
A few days ago, someone sent me a heartbreaking message.
He had just returned from Europe to inspect the land he bought in Benin, Nigeria from native owners only to discover to his greatest shock that all the land have be resold to other people.
We are still discussing how he will go about it and what he should know to avoid future reoccurrence.
Here’s the thing…
If you can’t afford to hire a professional surveyor and property lawyer to verify a piece of property, avoid buying land from native owners.
Any piece of real estate that won’t give you peace of mind will drain your energy and income.
Start your real estate investment journey by buying from ONLY reliable real estate companies. I have a couple of them I recommend in Abuja, Asaba, Port-Harcourt, Enugu, Owerri, Ibadan and Lagos. Send me a DM or send a WhatsApp message to +2348061358404 if you need anything in these cities within your budget.
That said, let me quickly show you 5 reasons buying land from a real estate company is better than buying from native owners as an individual:
1 — Land verification
A reliable real estate company will verify the land to be sure it’s completely free from government acquisition and legal battles before selling it.
Many of them have all the connections, structures and financial resources needed to verify the authenticity of a property. Chances are, you may not have the same access to information like the professionals working with them.
But when you buy your land from a reliable real estate company, they will save you the stress of doing the verification from scratch. You will have existing documents with which you can verify the land.
2 — Shared Risk
In one of the Business Growth Conferences I attended a few years ago, Akin Alabi, founder of Nairabet said something that stuck in my head.
He said after building NairaBet, which became the first online betting website in Nigeria, he spoke to some of his friends and encouraged them to also join him in the same line of business.
An ordinary mind would think that he misused his golden opportunity to dominate the online betting market.
But no.
He said he did what he did so that it will be impossible for any government or group of people to bring down his business.
If they fight only him, they will deflate him but when others are involved in the same business it becomes impossible to defeat them. There’s something to learn from that.
What Akin Alabi forsaw more than 10 years ago would have happened on Thursday, 15th February, 2024 when House of Rep Members moved a motion to ban sports betting in Nigeria.
Did they succeed? No! More betting companies have long emerged.
Today, Bet9ja, SportyBet and the rest have overtaken NairaBet but NairaBet is still standing strong.
In trying to hold on to 100% of the market share, you may lose everything.
This is where shared risk comes into play.
When you buy a land sold by a reliable real estate company, and sign on all the documents, they are bound to protect your interest. If an issue comes up in the future regarding the land you bought, especially government interruption, you won’t be facing it all alone.
3 — Estate Beautification
Have you seen the estate plans of most of these real estate companies?
I saw one at Shimawa last year and I was completely blown away.
Everything the real estate company promised their clients a few years ago, they have started implementing them. They haven’t even gone far yet and the estate has started looking just like they promised. Beautiful and serene environment.
Nothing skyrockets the value of a property like when developers starts building and developing the estate with their own money.
Imagine what it will feel like to raise your children in a safe and beautiful neighborhood.
4 — Concerned About Their Brand Reputation
The worst person you will ever do business with is someone who has no brand image to protect.
Most native land sellers don’t have conscience at all. They have nothing to lose and nothing to protect.
This explains why 2 family members can come together to sell their family land leaving another member of their family excluded from the deal.
Unfortunately, there are a few real estate companies (I will never mention their names nor recommend them) that don’t have conscious at all. One of them in Lagos is so heartless that they sold out acres of land they can NEVER get a survey plan approval for. Everyone that bought the property got no survey plan.
My shocking discovery is that just because a real estate company is big doesn’t mean they care about protecting their brand reputation. Nothing comes close to working with a realtor that has a reputation to protect.
5 — Fosters Connection
This particular point may not make sense to everyone but if you care about building a meaningful relationship with people from different industries, including the real estate sector, then buy properties from real estate companies and connect with them.
The connection you established with the realtor can last you for a lifetime and even open other business doors.
When people buy properties through me, I always go the extra mile to see how my marketing skills can help their business. In the long run, you will get double ROI—one directly from me and the other from your real estate investment.
Did I say you shouldn’t buy land from native owners? No!
The summary of what I’m saying is that if you can’t afford to hire a professional surveyor and property lawyer to verify the property from native sellers, focus on buying from any of my recommended real estate companies that we have done the verification already.
I have not only verified them, I have also done business with them.
If you want land of different sizes and budgets in Abuja, Asaba, Port-Harcourt, Enugu, Owerri, Ibadan and Lagos, send me a DM or send a WhatsApp message to +2348061358404
Why I Prefer Buying Land From Real Estate Companies Instead Of Native Owners 🔥
… my reasons will convince and save you so much money.
*** Share this with every Nigerian living in the diaspora ***
Around June/July last year, a Nigerian in the diaspora bought a distress sale property of ₦10 million I promoted here. It was a total of ₦16 million for 3 acres but someone else took an acre.
The property was an abandoned poultry farm sitting on 3 acres of land.
Before she proceeded to make the transaction, she hired a professional surveyor who took time to verify the authenticity of the property. I’m sure she also hired a lawyer to write the transfer of ownership.
She did that effortlessly on her own because she could afford it. Even if she spent a million naira on due diligence, it’s still a good deal.
But how many people trying to buy their first property have such a budget set aside for just due diligence?
A few days ago, someone sent me a heartbreaking message.
He had just returned from Europe to inspect the land he bought in Benin, Nigeria from native owners only to discover to his greatest shock that all the land have be resold to other people.
We are still discussing how he will go about it and what he should know to avoid future reoccurrence.
Here’s the thing…
If you can’t afford to hire a professional surveyor and property lawyer to verify a piece of property, avoid buying land from native owners.
Any piece of real estate that won’t give you peace of mind will drain your energy and income.
Start your real estate investment journey by buying from ONLY reliable real estate companies. I have a couple of them I recommend in Abuja, Asaba, Port-Harcourt, Enugu, Owerri, Ibadan and Lagos. Send me a DM or send a WhatsApp message to +2348061358404 if you need anything in these cities within your budget.
That said, let me quickly show you 5 reasons buying land from a real estate company is better than buying from native owners as an individual:
1 — Land verification
A reliable real estate company will verify the land to be sure it’s completely free from government acquisition and legal battles before selling it.
Many of them have all the connections, structures and financial resources needed to verify the authenticity of a property. Chances are, you may not have the same access to information like the professionals working with them.
But when you buy your land from a reliable real estate company, they will save you the stress of doing the verification from scratch. You will have existing documents with which you can verify the land.
2 — Shared Risk
In one of the Business Growth Conferences I attended a few years ago, Akin Alabi, founder of Nairabet said something that stuck in my head.
He said after building NairaBet, which became the first online betting website in Nigeria, he spoke to some of his friends and encouraged them to also join him in the same line of business.
An ordinary mind would think that he misused his golden opportunity to dominate the online betting market.
But no.
He said he did what he did so that it will be impossible for any government or group of people to bring down his business.
If they fight only him, they will deflate him but when others are involved in the same business it becomes impossible to defeat them. There’s something to learn from that.
What Akin Alabi forsaw more than 10 years ago would have happened on Thursday, 15th February, 2024 when House of Rep Members moved a motion to ban sports betting in Nigeria.
Did they succeed? No! More betting companies have long emerged.
Today, Bet9ja, SportyBet and the rest have overtaken NairaBet but NairaBet is still standing strong.
In trying to hold on to 100% of the market share, you may lose everything.
This is where shared risk comes into play.
When you buy a land sold by a reliable real estate company, and sign on all the documents, they are bound to protect your interest. If an issue comes up in the future regarding the land you bought, especially government interruption, you won’t be facing it all alone.
3 — Estate Beautification
Have you seen the estate plans of most of these real estate companies?
I saw one at Shimawa last year and I was completely blown away.
Everything the real estate company promised their clients a few years ago, they have started implementing them. They haven’t even gone far yet and the estate has started looking just like they promised. Beautiful and serene environment.
Nothing skyrockets the value of a property like when developers starts building and developing the estate with their own money.
Imagine what it will feel like to raise your children in a safe and beautiful neighborhood.
4 — Concerned About Their Brand Reputation
The worst person you will ever do business with is someone who has no brand image to protect.
Most native land sellers don’t have conscience at all. They have nothing to lose and nothing to protect.
This explains why 2 family members can come together to sell their family land leaving another member of their family excluded from the deal.
Unfortunately, there are a few real estate companies (I will never mention their names nor recommend them) that don’t have conscious at all. One of them in Lagos is so heartless that they sold out acres of land they can NEVER get a survey plan approval for. Everyone that bought the property got no survey plan.
My shocking discovery is that just because a real estate company is big doesn’t mean they care about protecting their brand reputation. Nothing comes close to working with a realtor that has a reputation to protect.
5 — Fosters Connection
This particular point may not make sense to everyone but if you care about building a meaningful relationship with people from different industries, including the real estate sector, then buy properties from real estate companies and connect with them.
The connection you established with the realtor can last you for a lifetime and even open other business doors.
When people buy properties through me, I always go the extra mile to see how my marketing skills can help their business. In the long run, you will get double ROI—one directly from me and the other from your real estate investment.
Did I say you shouldn’t buy land from native owners? No!
The summary of what I’m saying is that if you can’t afford to hire a professional surveyor and property lawyer to verify the property from native sellers, focus on buying from any of my recommended real estate companies that we have done the verification already.
I have not only verified them, I have also done business with them.
If you want land of different sizes and budgets in Abuja, Asaba, Port-Harcourt, Enugu, Owerri, Ibadan and Lagos, send me a DM or send a WhatsApp message to +2348061358404