An architect, going into real estate must have the zeal to give people the best they need besides making money. It makes you a better architect with rich, quality and solutions-driven design portfolio. For non-architects, you should be passionate about construction, or real estate as an industry. That will inform your impact in the field.
Real estate is not all about paying money to build, or buy a house or investing to make profit. There are many aspects to it. Real estate is also about solving housing problems. That Nigerians rent houses annually for a million and more is absurd. Real estate can be practiced in a way that people can rent spaces monthly even weekly or pay as they earn. That’s an area where real estate development should come to play and build houses whereby people can pay monthly, even weekly.
Real estate involves leasing aspect, where developers rent a property out for a number of years, say twenty or more. The lease can be renewed after that or rented to another for variety’s sake.Real estate development will thrive even further in Abuja than any other part of the country. Abuja gives one more opportunities to do more with the available virgin land and opportunities that follow the sector. The opportunities are endless.
Whoever wants to get involved in real estate development must be passionate. Don’t just build death traps for people. If you don’t have the money to build, you can begin by working with the real estate development company to learn the nitty-gritty aspects of the sector. You can start from other states beyond Abuja and Lagos.
You can also start as an estate evaluator/valuer who values peoples’ properties. Of course, embark on self-development to acquire the skills you need to be relevant in the sector. Of course, Donald Trump’s quote that, “one of the attributes of a successful person is the ability to withstand pressure.” I say this because in real estate industry the pressure is times ten of whatever pressure one had before joining the field.