Accomplish Magazine January 2024

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Going Into Rea REALTOR’S AVENUE Estate Busine In Nigeria Part 2 in order to be successful in the real estate industry, one should have good knowledge and information of the field. The basic guide provided here will equip you with the knowledge you need to acquire to start your own very successful real estate business in Nigeria. 42 | Accomplish Magazine
REALTOR’S AVENUE l ss 1. Have a Strategic Business Plan. You need to strategically plan your business to be able to conquer the market. Investing in real estate is just like starting any other commercial endeavour; you can’t start on a whim - without having a specific business plan in mind. A business plan is vital for any real estate investor, and one of the best advice you’ll get in the housing market is to start out small and plan, plan, plan! This step is especially important if you’re planning on becoming a real estate investor for the long term. In this case, you want to grow your real estate investment portfolio strategically. 2. Build a Unique Brand. Brand credibility is important in building a successful business in Nigeria especially when it has to do with the investment of millions of naira. Branding is all about creating a perception about your business in the minds of people. To turn your real estate business into a trustworthy brand, you need to give your customers more than enough value for their money and build a relationship by engaging with them on a personal level. Also, set your own real estate business apart from the competition by investing in premium branding identities such as logo, website, adverts and more. 3. Legally Register the Business. If you really want to take the business to the highest level possible, then you have to legalise its existence by registering the business Accomplish Magazine | 43
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Accomplish Magazine January 2024

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