Issues facing the Estate Surveying and Valuation Profession in Nigeria

Type Journal Article - Business Management Dynamics
Title Issues facing the Estate Surveying and Valuation Profession in Nigeria
Author(s)
Volume 1
Issue 2
Publication (Day/Month/Year) 2011
Page numbers 54-60
URL http://eprints.covenantuniversity.edu.ng/2158/1/54_60.pdf
Abstract
The paper analyses the issues facing the real estate profession in Nigeria
sourcing materials from observations of earlier researchers in the conduct of
estate surveying and valuation practitioners and public opinion over time
through an x-ray of the challenges faced by practitioners in the real estate
business. Analysis showed that the continuous influx of intruders into real
estate business is as a result of inability of those registered estate surveyors and
valuers to meet the local demand for their services coupled with the poor
performance of some sole proprietor firms in the area of valuation accuracy.
Also, Estate Surveyors and Valuers Registration Board of Nigeria need to
encourage partnerships and the registration of additional estate management
graduates through extensive training and rigorous accreditation standards.
Admission of members, by the Board, into Fellowship grade should be through
the publication of their contributions and achievements on valuation-related
issues towards the growth of the profession in Nigeria.

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