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Responding To Housing (Real Estate) Needs: The Role of Real Estate Developers and Practitioners in Responds to Investment in Housing.
Subject area: Science,Engineering and Technology · Area of research: Housing
Abstract
Housing has also been a subject of discourse. The role of developers as well as practitioners in housing delivery has also been appreciated as they have been in the forefront in meeting this need but, there has also been a challenge in meeting them. This study however identified the roles of developers and practitioners alike, including the challenges. This work was dedicated to finding solution via review of related and empirical review of literature. The study added that real estate practitioners should in addition to their established statutorily; search site for and establishing its potential, valuation, negotiation based on established potential, assessing rent, marketing, finding tenants and preparation of sale particulars, must do more in availing themselves in housing delivery by participating while ensuring that they are familiar with their statutory and professional duties. In addition, strategic planning via SWOT analysis was identified as key in responding to housing needs.
Keywords
Developers, Housing, Investment, Real estate and Real estate developers
References
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[2] Efobi, D.J., Emoh, F.I. and Nwachukwu, C.C. (2019). Housing deficit and challenges in south east Nigeria: A review of related literature and empirical studies. Global journal of advanced research. 6(9). 297 – 303.
[3] Efobi, D.J., Emoh, F.I. and Nwachukwu, C.C. (2020). Low Income Housing Delivery Analysis: Causal Evidence from South East Nigeria. Iconic Research and Engineering Journals. 3(8), 70 – 78
[4] Ifediora, C. O. and Nwosu, C. C. (2021). The factors that influence the pattern of real estate development in Awka Anambra State. International Journal of Research and Scientific Innovation. 8(12), 136-143.
[5] Ifediora, C. O., Efobi D.J. and Nwosu, C. C. (2021). Strengths, Opportunities, Weaknesses and Threats (SWOT) in Real Estate Sector: An Insight for Practitioners in Anambra State for Effective Practice. European Modern Studies Journal. 5(1), 196-207.
[6] Ifediora, C.O. and Efobi, D.J. (2022). Determinants of increased/rapid residential real estate development in Anambra State. Retrieved from https://www.researchgate.net/publication/358261730_Determinants_of_increasedrapid_residential_real_estate_development_in_Anambra_State
[7] McDonald, R. and Bailly, A. (2017). What investors want: a guide for cities - How should cities engage investors and developers? Retrieved from www.centreforcities.org.
[8] Okoh, V.P.O. (2016). Real estate investment appraisal. Lagos: Terry Publishers.
[9] Onwuanyi, N., Oyetunji. A.K. and Chima, P.E. (2017), role of the Estate Surveyor and Valuers professional advice in the urban property development process. In book: Emerging Issues in Urban Land Use, Management and Development in Nigeria, M. B. Nuhu, M.T.A. Ajayi, I.A.Olatunji and N. B. Udoekanem (Eds.) Chapter: 28 Publisher: University of Abuja Press. Retrieved from https://www.researchgate.net/publication/321361701_Role_of_the_Estate_Surveyor_and_Valuer's_Advice_in_the_Urban_Property_Development_Process
[10] Oyebanjo, A. O. (2003). Principles of land use economics. Lagos: Centre for environmental planning development and management.
How to cite this paper
@article{1703215,
author = {Efobi, Dumebi Jessica, Ikeotuonye, Matilda Chiadika},
title = {Responding To Housing (Real Estate) Needs: The Role of Real Estate Developers and Practitioners in Responds to Investment in Housing.},
journal = {Iconic Research And Engineering Journals},
year = {2022},
volume = {5},
number = {8},
pages = {264-271},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1703215.pdf},
abstract = {Housing has also been a subject of discourse. The role of developers as well as practitioners in housing delivery has also been appreciated as they have been in the forefront in meeting this need but, there has also been a challenge in meeting them. This study however identified the roles of developers and practitioners alike, including the challenges. This work was dedicated to finding solution via review of related and empirical review of literature. The study added that real estate practitioners should in addition to their established statutorily; search site for and establishing its potential, valuation, negotiation based on established potential, assessing rent, marketing, finding tenants and preparation of sale particulars, must do more in availing themselves in housing delivery by participating while ensuring that they are familiar with their statutory and professional duties. In addition, strategic planning via SWOT analysis was identified as key in responding to housing needs.},
keywords = {Developers, Housing, Investment, Real estate and Real estate developers},
month = {February},
}