Joseph Balogun, Chief Executive Officer of Rightive Homes and Properties, has called on young realtors to prioritise collaboration, mentorship, resilience, and innovative technology to accelerate the development of safe and sustainable housing.
Balogun made this appeal at the Realtors Meetup organised by Rightive Homes and Properties in Ikeja, Lagos. Themed “Best Practices for Closing Multibillion-Dollar Deals,” the event brought together leading industry players, developers, real estate investors, and emerging professionals from across the country.
Discussions centred around critical issues such as land ownership, land titles, building plans, real estate marketing, and professional networking.
According to Balogun, bridging the housing deficit requires stronger collaboration and knowledge-sharing across the real estate value chain to ensure the swift delivery of quality housing units without compromising safety standards.
Speaking on the evolving landscape of the industry, Balogun emphasised the necessity for collective efforts to address environmental challenges, government regulations, community engagement, and technological advancements that influence housing development.
“The world is evolving rapidly, with factors such as population growth, migration, technological innovation, and climate change shaping real estate trends. Despite disruptions, the future of real estate remains promising because land is the foundation of all development and a key component of social infrastructure,” he noted.
In her presentation titled “Best Practices for Closing Multibillion-Naira Deals,” Gloria Agho, CEO of Glogamp Realties & Properties, highlighted the importance of strategic planning, effective communication, and robust relationship-building in high-value transactions.
She remarked that there are abundant opportunities in the real estate sector for young people, but they must be prepared, educated, and positioned for greater possibilities in the field.
She stressed key strategies for success, including understanding market trends and regulatory frameworks, leveraging professional networks and relationships, customising proposals to align with buyer needs, and preparing transparent financial plans.
She added the significance of implementing strong negotiation tactics, creating a sense of urgency in deal-making, focusing on long-term client relationships, and utilising digital tools and technology for enhanced efficiency.
The Realtors Meetup provided a platform for industry stakeholders to exchange insights, foster collaborations, and equip young professionals with the knowledge needed to thrive in the dynamic real estate sector.