Monday 7 November 2016

Some Properties in Lagos Scare Buyers Away…ESV Sam Eboigbe


Rev Sam Eboigbe is an Associate Member of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), a member of the International Real Estate Federation (FIABCI) and the Acting Chairman, Faculty of Estate Agency, Nigerian Institution of Estate Surveyors and Valuers. He was a Branch Manager at Osas & Oseji (Lagos). He is currently the Principal Partner at SAM EBOIGBE & CO.

In the following interview he shares his experience in the real estate industry.

What is the biggest transaction your firm was involved in?
We have, in conjunction with other professional firms, collaborated in the consummation of develop-able land in a prime location in Victoria Island.

Who has been your most difficult client ever?
There was an individual who used to be a top executive of a multinational construction firm. He gave us his property on the Island to manage but he would not give us the freedom to screen tenants that were suitably ideal for the property. He hardly ever appreciated our professional services. Hence, we wrote to him recently to withdraw our services.

What is your quickest deal in terms of when it started and when it was concluded?
It was a property in 1004 Estate. Within 2 weeks, the property was offered to a prospective purchaser and payment was made without delay.

Could you share your experience on the most awkward property your company has been given to sell or rent?
It was an undeveloped acre of land (Valley) somewhere at Anthony Village. Whenever we took clients to the site they didn’t ever proceed to the site proper before they would make a U-turn just a few meters away from it.

What was the first property you sold or rented? Give some details.
It was a 3-bedroom flat at Dolphin Estate in 2009.

How much did it sell or rent for?
The flat then went for about N17m.

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