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!

PLEASE DROP US A COMMENT BELOW AND ALSO BE FREE TO SHARE IT

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POOR INSIGHT IN PROPERTY ACQUISITION LEADS TO DISASTER

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 field. So with minimal experience they plunge into it. In a situation like this, they are unable to make the right judgment with regards to the best choice of property. They get carried away by their emotion. In fact, sometimes such clients fall in love at first sight with a property which upon more investigation reveals other issues to put into consideration in making a choice.

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TYPHOID KNOCKS OUT TWO REAL ESTATE WARRIORS IN A BATTLE DUEL

FOR over two weeks now  the top executives of Ogbes and Co. Property, Rutherford Chidi and Ogbemudia Airen, have had a grueling encounter with typhoid. During this period we  ran  way from the battle front to reinforce by  buying drugs from nearby chemist shop. This only led to a temporary cease fire. Typhoid and all his armies went back to the drawing board only to come back stronger and more deadly. All the drugs we bought could not withstand the now sophisticated typhoid. 

In my case, Rutherford, i was taken to the hospital where i was given a 21st century drug combatant. With this i picked up a bit. But for my boss, Ogbemudia Airen, he was defeated hands down. I write this post from his hospital ward this day 17, August, 2013.

  What could be responsible for this long drawn out battle with typhoid? Well, since am an apprentice in the field of medicine i dare not venture any answer. I leave this matter to the hands of medical  veterans. The good news is that he is now responding to treatment very well.

We have learnt our lessons.We are going to reduce the stress which am very sure was partly responsible for  this situation.As for you my reader, do not underestimate the harm stress could cause. The reason i decided to write this post is that as real estate agents this experience seriously affected our work. And now by Gods grace we will pull through.

In the hospital, 17 August, 2013.

 

Please drop us a comment below.

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CLIENTS MAKE US STRICT

It  was August 15, 2013. Early that morning the sun had not forgotten to sit in its traditional position.The cloud was bright and full of promises. i set about doing my regular work each day, when i received a call from a client who wanted to rent one of the apartments in our care. The thought of making some money made me to abandon what i was doing and run like a headless chicken to meet the client.

  Two gentle-looking men with a seemingly innocent faces stood unconcernedly and rather with much expectation waiting to see the agent. With my face beaming with smiles i greeted warmly as if i had known them for a century. They responded well, and soon i showed them around the property.

As they were taking a tour, i observed  a worried  expression in their faces. They quickly commented that the toilet space was too small for their liking. I made them to understand that it was not Goliath that was going to use the toilet then warranting a large space. After that we dived into negotiation. Since the apartment they were inspecting was a room and a parlour self-contain, the landlord charged seven thousand naira for the rent and upfront payment of one year to be made. Right there in there presence i called the landlord and persuaded him to accept six months upfront payment. As a veteran in the field i did a pretty good job convincing the landlord.

According to the ethics of my profession, i was to charge 20 percent  commission on the total amount payable. But because my client was a young hardworking man and we were going to be neighbours since the apartment was opposite where i lived, i decided to slash it down to about 10 percent.  Also,  i did not ask him to pay for registration. I negotiated good terms for him and made the landlord promise to fix the broken door and all other necessary maintenance to be carried out.

"To be successful in real estate, you must always and consistently put your clients' best interests first. When you do, your personal needs will be realized beyond your greatest expectations"-Anthony Hit

At the end of the day , the client never expressed appreciation for my extra-mile service and made me feel that i had exploited him. Although he eventually got the apartment, i left feeling unhappy over the way and manner i was treated. This was not my first experience. So i vowed to be strict with clients.

Please drop us a comment to help us know if you too experienced the same thing. View our properties for sale here:www.facebook.com/propertytycoons or call 07031384722 for a consultation

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SOME CLIENTS LIKE TO PLAY A FAST ONE

Indeed, our dealings with clients over the years have revealed a very shocking trend. They try to play smart. But then we are veterans in the field, and so we easily catch them by their wits.

“It's discouraging to think how many people are shocked by honesty and how few by deceit.”- Noel Coward, Blithe Spirit

 If you don't understand what i mean be patient, as you are going to gasp when you find out the subtle tricks clients use. When we take a client to check a particular property, right there at the venue they begin thinking about how to jettison us in other not to pay  the  commission we richly so deserve. 

“God hath given you one face, and you make yourself another.”-Williams Shakespeare, Hamlet

Oh no, this is not fair. We are already aware of this gambit, so we follow up every step the client takes. Some clients will by-pass us immediately to connect with the seller of the property and proceed with the transaction.Unfortunately, this gamble and gambit always put them on a slippery terrain. i mean it often backfires, and we take it up immediately.

“Just because something isn't a lie does not mean that it isn't deceptive. A liar knows that he is a liar, but one who speaks mere portions of truth in order to deceive is a craftsman of destruction.”
--Criss Jami

Some have proven particularly stubborn in this direction. Hence, we deploy our army of veteran lawyers to fight the battle for us. At the end of the day, they realise with dismay that it is difficult to teach an old soldier new tricks.So we get on. 

As dedicated Christians we try to restore a good relationship with the guilty clients. At the end of the day we become close pals and they give favourable word of mouth to their friends. Please leave us a comment to help us know your feel of the situation. Then too kindly SHARE the post if you enjoyed the reading

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WHY PEOPLE PREFARE US

1.     Any transaction with us always results in a win-win situation

2.     We dig deep into the history of any property in our custody

3.     We carry out extensive investigation and confirmation of the ownership of the 
property handed to us.

4.     We work with a cutting-edge attorney that assists in processing legal documents

5.     We steer clear of properties that are under disputes.

6.     We engage neighbours, landlords and community leaders in attempt to assist in 
investigating the true ownership of properties

7.     We critically examine all documents relating to a property to make sure it is authentic

8.     We address clients fears and concerns by making sure they get genuine property

9.     We get feedback from clients to ensure continued satisfaction.

10.  We render a sincere assistance to inexperienced clients by giving them a proper orientation so as to make the best choice of property.

11.    We have built up a track record of honesty, integrity and always engaging in trouble-free transaction

12.    We enjoy a favourable report from satisfied clients.

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The Bottom Line on Contract Negotiation

Ask these questions before you decide to go ahead with a contract.

The natural focal point of a real estate purchase contract is the selling price of the home, but the price isn't the only factor that determines the net bottom line for both the buyer and the seller. Is a bargain for the buyer really a bargain if he or she is paying all the transaction costs? Is a top price for the seller really a top price if the buyer wants all the furniture to be included in the purchase price? Or if the buyer they can't come up with the downpayment or qualify for a mortgage?

Before you decide to go ahead with a great price, here are five other bottom-line points to consider:

1. What are the estimated transaction costs and who will pay for what? Typical costs include the brokers' commission, a home inspection, a termite inspection, escrow or attorney's fees, a title search, an owner's title insurance policy, transfer taxes and recording fees. The price tags on these items vary greatly around the country. Who pays for what is a matter of both local custom and negotiation.

2. How much money is the buyer putting into escrow and how soon? A big deposit -- called "earnest money" -- and a substantial down payment are generally seen as a sign that the buyer is serious about completing the transaction. From the seller's point of view, the more money the buyer places in escrow and the sooner the money is transferred, the better.

3. Is there a mortgage financing contingency and how specific is it? The mortgage escape clause is a must for buyers, unless they're paying all cash for the home. Without this contingency, buyers can be legally obligated to purchase the home even if they can't obtain financing. Further, an open-ended statement that says the buyer will obtain a loan "at the prevailing rate of interest" leaves the buyer completely exposed to interest rate fluctuations. A statement that says the loan must be at an interest rate "not to exceed xx percent" and on specified terms is preferable.

4. What furniture, fixtures and appliances, if any, are being sold with the property? Technically, anything that's permanently affixed to or installed in the home is real property. Everything else is the seller's personal property. This distinction is a narrow one and it naturally leads to a fair amount of confusion. Are built-in appliances real property or personal property? What about a shelving system? A chandelier? Window coverings? Potted plants in the backyard? Sellers who intend to remove anything that's attached to the home should have that spelled out in the contract. And the same goes for buyers who expect to acquire any of the furniture or other movables.

5. What will happen if either side breaches the contract? Unless an unmet contingency triggers the abandonment of the contract, it's a binding legal document. Buyers who fail to perform can lose their deposit money. Sellers who try to back out can be sued for "specific performance," which forces the sale of the home to the buyer. Many contracts also specify that disputes must be brought in small-claims court or presented for arbitration or mediation.

Tip: Ask your real estate agent to go over the standard contract with you before you receive or make a purchase offer. That way, you'll know what to expect and be prepared to negotiate the best deal you can get.

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