How to Sell your Land Property Fast in Abuja


Selling of land is usually a more complicated process than selling developed property. When you sell a land property with a building, its use and value is established by the building and other structure on it. Before buying undeveloped land, most buyers will want to investigate what they can do with it to determine what it’s worth. At the same time, the buyer pool for land is usually lesser than the buyer pool for developed property. With this in mind, selling land quickly in Abuja requires unique strategies.

Step 1
Hire an appraiser to determine the value of your land if you don't have the knowledge to do it yourself. Without knowing the worth your land, it will be difficult for you to assess the strength of the bargains that you receive. The assessment will also determine the highest and best use of the land, and you can use those facts to target your marketing activities.

Step 2
Put a large "For Sale" sign on a noticeable part of your land and include your telephone number. Although signs don't always lead to fast sales, they're worth trying. In addition, a sign repeatedly generates calls when it initially goes up.

Step 3
Contact the landlords of surrounding parcels of land to determine if they want to buy your land. Occasionally, a land owner will want to increase the size of his/her holdings. If your land has access to a road, water or another valuable feature, it can be mostly valuable to a neighbour whose land does not have that attribute. Your neighbours are also very familiar with your land, the area and its prospects, so they should be able to decide more quickly than a remote buyer or someone who is not familiar with the parcel of land.

Step 4
Present your land to possible users. For example, if your parcel is located where houses are currently being developed, home builders would be potential buyers. On the other hand, if your land is covered with timber in an area that is being logged, timber logging companies may be the paramount buyers.

Step 5
You may consider selling your land to a speculative investor. Many areas have investors that are willing to buy just about anything as long as it is cheap enough. These investors can close deal quickly, but will frequently offer you a very low price for your land. That's how they're able to move so fast in any transaction, they are getting a great deal. Those kinds of Investors usually won't require you to finance the land for them.

LAND SALE PROCEDURE


The person who owns and wishes to sell the property would contact the experts in property management where an agreement is made in the presence of the regulatory organisation. Afterward, the property agent takes custody of the property and aids to sell the land on behalf of the seller.

VERIFICATION OF PROPERTY

An agreement (verbal or written) between the land owner (seller) and the property agent is very important in this aspect, as the agent will help verify the availability of the said property to be sold. The verification of property involves a legal search via the Abuja Geographical Information System Office(AGIS).

LEGAL
BACKUP PROCEDURE

In Abuja Nigeria, the norm of “Law of Contract” is very much regarded; this is principle you need to follow if you want to sell your properties.
              The Law of Contract in selling property in Nigeria includes:-
Letter of request – a letter to the estate/property agent from the owner of the property (seller) requesting the agent to represent him/her in selling the property.


MUST I TRAVEL TO NIGERIA TO SELL MY PROPERTY? NO

However there are quite a lot of property agents in Abuja who can sell your property on your behalf. You do not need to be actually present to close any transaction; nevertheless, you must be careful and make your transaction known to the Nigeria Institute of Estate Surveys and Valuers to escape fraud. These are the most important things you have to bear in mind when you are selling real estate property in Nigeria.



50 comments:

  1. Thank you very much for this post. I have a property in Abuja I have been trying to sell for a while. If you can assist with this I will be very grateful. You can contact 08096588488

    ReplyDelete
  2. Thank you very much for this post. I have a property in Abuja I have been trying to sell for a while. If you can assist with this I will be very grateful. You can contact 08096588488

    ReplyDelete
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  20. I purchased my 494sq mtr plot of land in Central Park and Gardens Estate from Adron Homes Estate Company, since it was purchase for reinvestment purposes I will like to resell the land,the estate is covered by Certificate of Occupancy ABU/NISC/54763, if interested, email me at csoawld(at)gmail(dot)com, or call 07035444294

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    ReplyDelete
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    ReplyDelete
  24. I have a land for sell, 100 by 50.
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    Contact: 08024739861

    ReplyDelete
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    ReplyDelete
  29. HI, I AM IN NEED OF AN AFFORDABLE LAND AGENT TO SELL MY LAND ON MY BEHALF

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  31. I have a land for sell at a choiced location at dutse Alhaji Abuja, contact me please: 08112061830,08166609361

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  32. I have a land for sell at a choiced location at dutse Alhaji Abuja, contact me please: 08112061830,08166609361

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  33. I am a Real estate agent, who help people to buy and sell land.

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  34. I have a four bedroom bungalow at army post service housing estate phase 5,kurudu Abuja. Interested call this number: 08142498896/or WhatsApp me with same number. I am not an agent,it's my property.

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  38. I have apartment for sale in Asokoro Abuja.

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    ReplyDelete
  39. Good evening, happy new year, I saw your advertisement on property and estate management in Abuja, I hereby wish to inform you of a fully detached house in Gwarinpa, the house includes a duplex (containing 2 bedroom flats), a 3 bedroom bungalow flat, 2 bedroom bungalow flat, a security house, generator house and ample parking space. For more information, pls call: 08038966347

    ReplyDelete
  40. Thank you for the vital information.
    I have a Residential Land for sale at an affordable price in an estate off the famous Dorben Polytechnic Road, Bwari Abuja. Its 10 minutes drive from the Polytechnic to the Land. Interested buyer should contact these phone numbers 09032252995, 07012087067.

    ReplyDelete
  41. Residential Land for sale at an affordable price in an estate off the famous Dorben Polytechnic Road, Bwari Abuja. Its 10 minutes drive from the Polytechnic to the Land. Interested buyer should contact these phone numbers 09032252995, 07012087067.

    ReplyDelete
  42. Please I have two plots of land at Bwari and I wish to sell them. Both plots are next to each other. Interested buyers or agents could reach me on 08035146850, 08026962197

    ReplyDelete
  43. i have 2000sqm land for sale along Kubwa road before AA Rano filling station and VIO office and a 908sqm at pyakasa opposite permanent site of GSS pyakasa contact 08062682062 for sale. All are FCDA lands.

    ReplyDelete
  44. I am a developer in Abuja I do site and services as a developer it's called Anarock global services limited.i have estate plots to sell at sabon lugbe east extension.pyakasa phase one and phase two.katampe extension .apo legislative apartment apo legislative quarters zone E fct Abuja .for interested clients u can contact me via .08174275110

    ReplyDelete
  45. I have a number of listings for sale with mortgage and a flexible payment plan. Also you get to enjoy the benefits of the national housing fund. Lets schedule an inspection. Call or Text 09035713934

    IDU Project
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  46. i have a land in developing maitama extension(mpape) right beside ITV and love fm radio station. pls if interested reach out to me by calling 09020075208. thank you.

    ReplyDelete
  47. I have a land 800sqm for sale in mabushi behind vio office if interested pls call me 08170876315 thanks.

    ReplyDelete
  48. I have a land (1700sqm) for sale in FO6 Ija, Bmuko, Kubwa - dutse road, Abuja. Behind Army pension board. If interested pls call me 07031371096. Thank you.

    ReplyDelete
  49. Please I have a land at tungamaje gwagwalada close to abatoir 3018 squaremeters for sale. Interested buyers should contact Mr Peter on 08030919992 for more details.

    ReplyDelete
  50. I have lands for sale at Pyakasa 1000sqms and at katamkpe extension before VIO office along Kubwa express 3000sqms for filling station contact 08062682062 for more info. Distress sales.

    ReplyDelete

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