How to Sell Your House

If you have already bought a house and were waiting for possession, get ready for a delay. If you are planning to buy one, wait for things to settle down or engage a professional broker to handle the transactions because the broker has been trained on screening a client, negotiation title searches, legal forms, and the pricing market. It is difficult to think of a business that has not been impacted by the COVID-19 pandemic. However, for the Nigerian real estate sector, the impact of the crisis can be a double whammy. The sector, especially the residential segment, has already been struggling with project delays, regulatory changes and low sales for the last few years. The quantum of impact will depend on how long the lockdown will last and how long the economy will take to get back on track. Many experts said that the situation may deteriorate into a recession similar to what we saw in 2016, if not worse. Here are the possible outcomes for the real estate sector. Project d...