Real Estate Valuation Practice in Nigeria: Implications in a Globalizing World. A chapter in The Built Environment, Innovation Policy and Sustainable Development

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dc.contributor.authorBabawale, G. K.
dc.date.accessioned2020-07-24T11:26:35Z
dc.date.available2020-07-24T11:26:35Z
dc.date.issued2006-06
dc.description.abstractThis paper is based on empirical studies involving 179 real estate valuers working in 179 estate surveying firms in Lagos. The study examines the current state of valuation profession in Nigeria in the light of emerging global trends. It particularly examines aspects of the Nigerian practice such as property market structure and infrastructure; qualification, experience and skill of valuers; size, structure, and sophistication of practicing firms; valuation standards and practice: scope and effectiveness of regulatory framework, among other. Current practice and perceptions in Nigeria are compared with what is obtained in more developed economies especially Britain after which the Nigeria valuation practice is patterned. The paper concludes that though there may presently be myriads of institutional and economic factors inhibiting the development of adequate property market infrastructure and valuation practice of international standard great potentials abound. Solutions that promote best practice are suggested.en_US
dc.identifier.citationBabawale G.K (2006). Real Estate Valuation Practice in Nigeria: Implications in a Globalizing World. A chapter in The Built Environment, Innovation Policy and Sustainable Development, Published by College of Science and Technology, Covenant University, Ota, Ogun State. pp. 41 – 45.en_US
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/8668
dc.language.isoenen_US
dc.publisherPublished by College of Science and Technology, Covenant University, Ota, Ogun Stateen_US
dc.subjectValuation professionen_US
dc.subjectMarket infrastructureen_US
dc.subjectValuation environmenten_US
dc.subjectGlobalizationen_US
dc.subjectInnovationen_US
dc.subjectSustainabilityen_US
dc.titleReal Estate Valuation Practice in Nigeria: Implications in a Globalizing World. A chapter in The Built Environment, Innovation Policy and Sustainable Developmenten_US
dc.typePresentationen_US
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