Godswill Igbokwe, a businessman and distinguished Realtor, has averred that the Nigerian real estate sector is booming against all odds.
The Alphalink Group CEO said:” The Nigerian real estate market is booming and still growing, the challenges notwithstanding. Personally, I will say one major challenge I have seen came from the rising cost of building materials. This has a drastic impact on the rate at which projects are delivered.
An off-plan project for instance, that was projected to be completed in 12 months can linger to as much as 18 to 24 months and as such, the buyer will have a tough time believing or trusting the realtor who has earlier recommended the property”.
Igbokwe’s inspiration to enter the real estate sector stems from the unfortunate experiences of numerous clients who fell victim to scams orchestrated by fraudulent individuals posing as legitimate real estate companies. Witnessing the financial loss and emotional distress suffered by these individuals, Igbokwe realized the immense potential of the real estate industry and the opportunities it presented to earn legitimate profits.
Motivated by a strong sense of integrity and a desire to make a positive impact, Igbokwe embarked on an extensive search and research journey to discover reliable platforms that thoroughly vetted properties before listing them on the market. This endeavor led him to become an independent realtor, promoting properties from various platforms while ensuring their authenticity and adherence to industry standards.
Today, Alphalink Group is taking its mission a step further by venturing into property development. With the launch of STARQUEST Courts in Ketu Epe, their first fully serviced estate, Igbokwe aims to meet the demands of the modern lifestyle.
Shedding light on the role of tech in real estate, he said:” The role of technology in this industry cannot be overlooked.
A few days ago, a very close friend of mine took over an office building of a real estate agent whose business had just crumbled because he couldn’t meet up with the demands of running the company in this modern world. The traditional real estate business is gradually phasing out, it’s a fact that can be attributed to the rising use of technology by both buyers and sellers of real estate. And as such, if you can’t leverage even the simplest tech tool, then you’re probably going to be in business for a few more weeks”.