EXPOSED: 8 TERRIBLE TRICKS OF SOME GREEDY BUILDING CONTRACTORS AND 6 TERRIFIC SOLUTIONS.


All the shame and sham of some greedy contractors is hereby unveiled. I feel particularly compelled to write this article because, among others, there  is a wave of confusion among our esteemed clients and high-level of distrust. They have lost all trust for   contractors even though there may still be those who are genuine and does not exploit their clients. Following are the different techniques counterfeit contractors employ to dupe their clients:

1.       Deliberate increase of cost of materials: when they observe that you have little knowledge of the prevalent price of materials in the market place, then they are set to put a big hole in your pocket and just put a bowl beneath it so that it pours into it. About four months ago a friend of mine related to me how a London based Nigerian citizen, precisely a lady in her mid-sixties who have spent well over twenty years in London, came back to her beloved country Nigeria to erect some structures. She contacted her lawyer and informed him of her plans. Thus the lawyer contacted a seemingly  honest but wolf –in- sheep- clothing friend to handle the contract. Having realized that the client was well loaded with cash coupled with the fact that the client lacked the Nigerian blood flowing through her veins (she had complete trust on the contractor ) the so-called contractor swung into action. A bag of cement that cost about 1800 naira became 20,000 naira and he bought plenty bags at this rate. Worst still the client fell for it and kept bringing out more money. Later on the son of the client came around to see how the project was going and was horrified to see the mind-blowing charges. He screamed. Immediately the contractor and lawyer were arrested and the case was about to be charged to court. Even in this situation the advanced lady felt pity for the contractor on the reason that he might have been very poor to act in such dubious ways. In the end, they were let off the hook but with the innocent lawyer’s image badly damaged.

2.       Purchase of substandard materials so as to realize high profit margin. Hmm, this is a crazily popular trend. Substandard materials are flowing everywhere. These contractors know just where to buy them and go for them. In fact, every building material  has a fake counterpart. Indeed, there are fake cement, fake rods, fake pipes and every goddamn thing used in building. They simply purchase large quantities of these and build your desired home with them. Then give your building a very beautiful painting, thereby heavily concealing the imperfect material used. In the long run, you see cracks on the wall. Worse, this situation is largely responsible for the widespread report of collapsed building with lives lost. You don’t want to risk your life and that of your family members, do you? The Bible says: “you will know the truth and the truth will set you free”

3.       Closely related to the  practice above is the habit of buying cement whose quantity has been deliberately reduced. Some cement dealers greedily take some quantity from different bags of cement to form another bag and then carefully seal it back. Some contractors patronize them, and still buy the cement at the same prevailing rate or price. The result: the same bag of cement but with a reduced quantity now also required to give the same number of blocks per bag. Step on the block and it destroys, rain also washes it away.

4.       Recruiting low paid workers or quacks to do the job and maximize profit. The cost of hiring real experts is usually higher because of their level of experience. To avoid this situation, they simply opt for quacks who accept lower pay. Now think of this: have you ever passed through a building whose seeming lifespan is far into the future but which has visible cracks on the wall? Have you wondered what caused this? Well, when quacks handle a building projects there are cracks later.

5.       Stealing materials. This ugly practice is common among the greedy class of contractors. Right now I look back at the experience I had many years ago. I visited a particular  work site to participate on a building project. But behold! The contractor in charge was seen making space in a heap of sand where he could carefully conceal a bag of cement. The truth is when left unmonitored, many items are diverted for personal use. In the case of cement, when some bags are missing they still try to produce the same quantity of blocks expected from a standard filled bag. But this time with a higher quantity of sand and reduced quantity of cement. Thus making the resulting blocks less strong. And could easily be washed away by rain.

6.       Outright lies and deception. Assuming a tipper is to supply ten-tipper load of sand, the greedy contractor connives with the driver to only supply eight or nine. With the effect that the remaining money for the unsupplied sand is put in his pocket.

7.       Poor monitoring of projects because of too many engagements. In fact, even veteran contractors commit this crime. They handle many building projects at the same thereby reducing the quality and quantity of monitoring attention. You see them running like a headless chicken from one project to the other. Sometimes before they come back to inspect the project the damage is already done, necessitating adjustments. This situation also leads to a shabby execution of projects.

8.       Conniving with workers to misrepresent facts. These greedy contractors appear smart and knowing very well that property owners will sometimes seek confirmation of facts from the workers, they proactively intimate the workers in this regard and tell them what they have to say when the situation arrives. The building owner is completely DECEIVED.

TERRIFIC SOLUTIONS

1.       Get informed. Always survey the market to know the current price of building materials.
2.       Consult other experts in the field to confirm the originality or quality of materials.
3.       Frequent the site to know when projects are not handled properly.
4.       Only patronize contractors (as we are) that have track records of honesty and quality delivery.
5.       Dig deeper into facts, go extra miles in ascertaining the truth.
6.       Keep records of materials bought.
REMEMBER: HE WHO TELLS YOU THE TRUTH IS YOUR FRIEND.
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PROPERTY PRO: POOR INSIGHT IN PROPERTY ACQUISITION LEADS TO DISA...

PROPERTY PRO: POOR INSIGHT IN PROPERTY ACQUISITION LEADS TO DISA...: Most clients that are not well-informed and who want to purchase a property often do so on their own without consulting with experts in the...

HURRY! BUY PROPERTIES AT ASORO AT A RIDICULOUSLY CHEAP RATE BEFORE THE PRICE GOES UP




         
This is a wake up call to smart investors in real estate. This is a wonderful moment to purchase properties at Ugbighoko, Asoro, Benin City. Because of the terrible or deplorable state of the major road(Ekenwan Road)  linking so many communities, many property owners are desperately looking for serious buyers who will place bid to the auction of their properties. These owners will thank anyone eternally who comes along to buy up the property still holding them back from leaving the area.

Unfortunately, no one with a sharp business acumen is showing interest yet. This situation has forced down the price of really  good properties in the area. A 100 by 100 land dimension at Igo (a community at upper Ekenwan road) which is a few  distance from  the road has a price tag of four hundred and fifty thousand naira. Under normal condition, such a property will go for seven hundred thousand naira. This is just a typical example of the general situation in the area.

As of this writing, the famous and veteran construction company SETRACO have mobilized to the site to begin a massive repair of the road. I also learnt that is going to be an unprecedented dual-carriage way with gutter on the sides to arrest erosion menace in the area. Right now, there are a lot of abandoned buildings along the major road. The owners will gladly give it up when given offer for them.

Even if it is not your  plan to relocate to Ugbighoko in future, this is a terrific time to invest in the area. All you need do is to purchase majority of the properties at a really good price. Later you can re-sell it. Immediately the road is fixed those same properties that are so cheap now will indeed skyrocket. That is how it works. When you take advantage of this glorious opportunity, I bet you are going to congratulate yourself later. Sometimes, when you resell a property you might realize an upward of five hundred thousand in a single deal. When  you play your cards well you could sell many properties within a short space of time.

“Smart investors have a sharp vision even when others are blind”—RUTHERFORD CHIDI

Just contact us(07031384722) and we will show you around those properties that are very cheap. Grab this opportunity. Remember to SHARE THIS POST so that your friends will benefit from it.

                                                                                               

PROPER PROPERTY PLANNING PRECEDES PROSPERITY




THE ULTIMATE aim of any property owners is to achieve peace of mind, satisfaction and a feeling of boundless joy. These words may not well describe the state of your mind when you indeed get a possession of that long coveted house. It is in fact the dream of everyone. Having your own house liberates you from the bondage of been a tenant. You are like a bird let loose from the cage and for the first time the bird stretches its wind wide and continue to toss and turn in the caressing breeze.

To achieve the desirable state described above a lot of deliberate planning goes into the process of purchasing a property. Indeed, buying property is not something you do when you just wake up one terrific morning and drives straight to your bank and dashes back to make payment for the property. If you do that then you are in for a terrible surprise when the hurricane of fantasy clears up. Hmm, I know you don’t want that to happen to you.

"Cherish your visions and your dreams as they are the children of your soul, the blueprints of your ultimate achievements".- Napoleon Hill



Before ever you get out to search for a property be clear cut about the kind of property you desire. First and foremost, get out a clean sheet of paper and scrupulously write out all the dazzling features of your choice home. Do not leave anything out because this will make or mar your dream. Bear this list in mind as you do your search. It’s going to guide you all through the process. When you see a house that seems to satisfy your requirement, then pull out your list, spread it open and critically examine it while you look up occasionally just to make sure that the so-called property fits your expectation.

"Someone's sitting in the shade today because someone planted a tree a long time ago"---Warren Buffet



What does it take to realize your lofty dream of getting your ideal house? Well nothing much. When you are out prospecting or searching for your dream house, you are going to do one thing: just drop your emotion at home before getting out. This may sound funny, but really that’s what you have to do. Understand that when you come across a seemingly nice property and to a large extent it looks marvelously cool and appealing, there is a powerful surge of emotion that sweeps up to your head and dominates your thinking feeling you with unprecedented ecstasy. This dries up your reason. In this instance never you make a decision on the spot. Do not  pay for the property the same day you see it. Waiting a little bit helps to clear your thinking, enables you to get a better view of the picture. When you get back home do your analysis properly. Look at it from different angles. Suppress your emotion at least for now. This will enhance good judgment.

“Unguided emotion causes commotion and can turn your vision into vanity”- Rutherford Chidi

Alternatively, get your spouse to examine the facts, not the fantasy. So we say TWO GOOD HEADS ARE BETTER THAN ONE. If you are single then seek the help of a highly reliable adult who in most cases are more clear headed when making judgment. Additionally, do not underestimate the help estate agents can render in a situation like this, especially the distinguished veterans in the field. Just hand out the list of what you want in the house to us and gladly we will go about the search with that in mind. This makes it far easier. We are there to assist you and  unless you are satisfied we will not rest on our laurels. We are happy to serve you.
Please drop us a comment if you enjoyed this post and remember to share it for the benefit of your friends.

YOUR DREAM HOME: FANTASY, FEARS AND FACTS



       
THE FANTASY
IN the famous Abraham Maslow hierarchy of needs, shelter was identified as man’s basic need. True to this, virtually everyone wants a comfortable place they can  rest their head after a hectic day of  work. This dream remains in the heart long enough until it is realized. Every now and then they hold the picture very clear in mind. No one wants any kind of home but rather the exact one that meets the specification of the ideal home waiting to grow out of your heart and from imagination into the physical sweet abode-yes a home away from home.

The fantasy or desire becomes stronger when your present landlord breathes down on your neck and determined to make your life a living hell when you fail to meet up the deadline for rent payment. Your heart skips a beat whenever your landlord knocks on  your door to remind you of your monthly obligation. Sometimes you have to hide each time you sense your landlord is coming to your house. Even worse you resort to outright lying and other antics just to escape any possible encounter with him. With this situation in mind, you are determined more than never before to get out of it. And so you need your own house badly.

Moreover, many people are fed up with their current location. So  they want to move out as soon as possible -but not in so much hurry -because they don’t want to  rent another place but desperately need their own home.
"It's tangible, it's solid, it's beautiful. it's artistic, from my standpoint, and i just love real estate"----Donald Trump

THE FEARS                                                                   
Assuming you are now ready to make the move to  purchase your own house, fear emerge right from your heart and stand in front of you. The little voice inside you screams “you might buy a house under dispute and end up in court throwing good money after bad”. You then pause to gauge the possibility of such occurrence. Suddenly you remember a friend who found himself in such mess and is still bleeding financially from such experience. This way and that way you become super careful-even holding back when you should make the purchase.

However, some clients hate estate agents. They do not have any element of trust for them. Unfortunately or inevitably, agents are more or less the          door you have to pass through to get that much desired property. Yes, it is true most properties put out for sale are usually done through the agent. This problem is further compounded when the client remembers a particular nasty experience with some dubious agents that exploit their clients.

Some clients get confused when they see different properties that are seemingly okay. They just cant make the decision or rather make up their mind to buy the property. Herein comes procrastination, unnecessary delay and irrelevant excuses. That is why you see a client highly enthusiastic this minute and in the next twinkle of an eye they lose interest. They want another brain perhaps their spouse or any other reliable person to just make the decision for them.

It is worth stating that in attempt to avoid what the economist calls "buyers remorse”, they hold back from buying property immediately. Think well of a time you bought that article and when you got home you discovered you had made the wrong decision or choice of purchase. Worse yet you could not return it-your hard earned money gone down the drain. You felt terribly bad, didn’t you? So whenever you want to make a purchase you remember this experience and you recoil back.

Additionally, some clients do not want to pay agents commission. For this reason they put up all forms of delay mechanism to push the agent out of the picture. 

THE FACTS
1.       It is possible to get your ideal home.
2.       You can work hard and save big for your dream home
3.       There are genuine properties out there.
4.       There are reliable agents with impeccable records of honesty.
5.       You can feel satisfied with your lovely home and buyer remorse is cast into oblivion

In fact, these are possible when you work with us—a win –win situation for  all. CHEERS!
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