GMB The Digital ESV, Ondo (2026)

07/10/2026

GMB EXPLAINS — WHAT IS MARKET VALUE?

It’s not just a number — it is an informed opinion of what a property is worth in today’s market.

When someone asks, “How much is this property worth?”, the answer should not simply be the amount the owner wants or the price someone is willing to pay.

A proper market valuation considers the property itself, its location, legal status, condition, surrounding environment, market evidence and prevailing economic conditions.

WHAT IS MARKET VALUE?
Market Value is generally the estimated amount for which a property should exchange on the valuation date between a willing buyer and willing seller, in an arm's-length transaction, after proper marketing, where both parties act knowledgeably, prudently and without compulsion.

In simple terms:

Market Value is an evidence-based estimate of what a property could reasonably achieve in the open market under appropriate market conditions.

It is therefore different from:
❌ The owner's personal expectation
❌ The asking price
❌ The amount originally paid for the property
❌ The cost of constructing the building
❌ The highest price someone casually mentions

🔑 8 KEY FACTORS THAT INFLUENCE MARKET VALUE

1️⃣ LOCATION
Where the property is located matters enormously.

Accessibility, proximity to major roads, employment centres, schools, hospitals, markets and other amenities can influence demand and value.

2️⃣ PROPERTY SIZE & TYPE
Plot size, building area, number of rooms, design, accommodation and permitted use all contribute to value.

A residential property, commercial property, industrial facility and agricultural land may have very different valuation considerations.

3️⃣ INFRASTRUCTURE
Roads, electricity, water supply, drainage, telecommunications and other infrastructure affect the desirability and utility of a property.

4️⃣ CURRENT MARKET CONDITIONS
Property values respond to demand and supply, economic conditions, interest rates, purchasing power and investment sentiment.

A property that was worth ₦X several years ago may not have the same market value today.

5️⃣ TITLE & LEGAL DOCUMENTATION
A clear and verifiable interest can provide greater confidence to buyers and lenders.

Title defects, disputes, encumbrances, acquisition issues or inadequate documentation can adversely affect value.

6️⃣ NEIGHBOURHOOD QUALITY
Security, environmental quality, surrounding developments, commercial activity and the character of the neighbourhood can influence demand.

7️⃣ PROPERTY CONDITION
Age, maintenance, structural integrity, quality of construction, finishes, services and remaining economic life can affect the value of buildings.

8️⃣ ZONING & LAND USE
What can legally and practically be done with a property matters.

Planning regulations, permitted use, development restrictions and redevelopment potential can significantly influence value.

HOW DOES A VALUER ARRIVE AT MARKET VALUE?

A professional Estate Surveyor & Valuer does more than simply look at the property and give a figure.

Depending on the property and purpose of valuation, the valuer may:

INSPECT → INVESTIGATE → ANALYSE → COMPARE → VALUE → REPORT

This can involve:
✔ Physical inspection
✔ Verification of relevant property information
✔ Analysis of comparable evidence
✔ Assessment of the property's legal interest
✔ Examination of market conditions
✔ Selection of an appropriate valuation approach
✔ Professional judgement
✔ Preparation of a reasoned valuation report

WHY SHOULD YOU KNOW YOUR PROPERTY'S MARKET VALUE?

Knowing the market value can help you:

🏠 Sell at a realistic price
💰 Avoid unnecessary overpricing or underselling
🏦 Support financing and lending decisions
📈 Assess investment opportunities and returns
🛡️ Manage your property portfolio
⚖️ Support certain legal, estate or compensation matters
🏗️ Make informed development decisions
📊 Understand the financial position of your assets

ASKING PRICE ≠ MARKET VALUE

An owner may ask ₦100 million for a property.

That does not automatically make ₦100 million its market value.

Likewise, a buyer offering ₦70 million does not automatically establish the property's market value.

The appropriate valuation requires evidence, analysis and professional judgement.

👨‍💼 GMB EXPLAINS

“Don't ask only: WHAT DO I WANT FOR MY PROPERTY?

Ask: WHAT IS MY PROPERTY REALLY WORTH IN THE MARKET?”

Whether you are buying, selling, developing, financing, investing in, managing or disposing of property, understanding market value can help you make better decisions.

PROFESSIONAL ADVICE PROTECTS YOUR INVESTMENT
Engage a qualified Estate Surveyor & Valuer when you need an independent professional assessment of property value.

MAROOF GANIYU & PARTNERS
Estate Surveyors & Valuers

Accuracy. Integrity. Professional Excellence.

📞 0803 249 5987 | 0807 526 7337
📧 [email protected]

NIESV | ESVARBON | CIAN

💬 PUBLIC ENGAGEMENT

If your neighbour is asking ₦80 million for a similar property, does that automatically mean YOUR property is worth ₦80 million?

YES or NO?

Tell us your answer—and why—in the comments.

GMB REAL ESTATE AWARENESS SERIES

Educating the public. Promoting informed property decisions. Protecting real-estate investment.

06/10/2026

WHAT MAKES PROPERTY VALUE FALL?

Understanding the Factors That Can Reduce the Value of Your Property
A property may be located in a good area today and still lose value tomorrow.

Property value is influenced by location, physical condition, infrastructure, market conditions, legal status, environmental risks and changing buyer preferences.

Knowing what can reduce your property's value helps you protect your investment, plan properly and make better real-estate decisions.

10 MAJOR FACTORS THAT CAN MAKE PROPERTY VALUE FALL

1️⃣ POOR LOCATION
Distance from major roads, markets, schools, hospitals and other amenities can reduce demand and value.

2️⃣ INADEQUATE INFRASTRUCTURE
Poor roads, unreliable electricity, inadequate drainage and limited water supply can make a property less attractive.

3️⃣ NEIGHBOURHOOD DECLINE
Increasing crime, insecurity, poor environmental conditions, noise or deteriorating surroundings can negatively affect property values.

4️⃣ POOR PROPERTY CONDITION
Structural defects, poor maintenance, outdated facilities and building deterioration can significantly reduce value.

5️⃣ LEGAL & TITLE PROBLEMS
Ownership disputes, defective documentation, encumbrances, multiple claims or uncertain title can make a property difficult to sell or finance.

6️⃣ ENVIRONMENTAL RISKS
Flooding, erosion, pollution, drainage problems and other environmental hazards can reduce desirability and increase future costs.

7️⃣ HIGH MAINTENANCE COSTS
Properties that require excessive repairs or expensive ongoing maintenance may attract fewer buyers and investors.

8️⃣ UNFAVOURABLE MARKET CONDITIONS
Economic downturns, high interest rates, reduced purchasing power and weak demand can affect property prices.

9️⃣ GOVERNMENT POLICIES & PLANNING CHANGES
Changes in zoning, land-use regulations, taxation, acquisition plans or development policies may affect property value.

🔟 CHANGING MARKET DEMAND
What buyers want can change. New lifestyles, technology, transportation patterns and emerging developments can increase or reduce demand for certain properties.

IMPORTANT REAL-ESTATE LESSON
A property doesn't automatically increase in value simply because you own it.

Value is influenced by market evidence and the characteristics, condition, location and legal status of the property.

That is why property owners should periodically review the current market value of their assets—especially before selling, refinancing, developing, insuring, transferring or using them as security.

HOW CAN YOU PROTECT YOUR PROPERTY VALUE?
✔ Maintain the property properly
✔ Keep title and property documents in order
✔ Monitor developments around the location
✔ Address environmental and structural problems early
✔ Understand planning and zoning requirements
✔ Keep the property legally compliant
✔ Monitor changing market trends
✔ Obtain professional valuation when necessary

🏆 PROFESSIONAL ADVICE PROTECTS YOUR INVESTMENT
Before making a major property decision, don't rely solely on assumptions, neighbours' opinions or asking prices.

Engage a qualified Estate Surveyor & Valuer to assess the property based on appropriate professional valuation principles and available market evidence.

Your Property. Our Expertise. Real Value.

MAROOF GANIYU & PARTNERS
Estate Surveyors & Valuers

Accuracy. Integrity. Professional Excellence.

📞 0803 249 5987 | 0807 526 7337
📧 [email protected]

NIESV | ESVARBON | CIAN

💬 PUBLIC ENGAGEMENT QUESTION
What do you think is the BIGGEST factor that can make a property lose value?

A. Poor location
B. Bad infrastructure
C. Legal/title problems
D. Poor maintenance
E. Market conditions

👇 Drop your answer in the comments and tell us why.

GMB REAL ESTATE AWARENESS SERIES
Helping individuals, businesses and institutions understand the true value of property and assets.

02/10/2026

WHAT MAKES PROPERTY VALUE RISE?

IT'S NOT JUST ABOUT LOCATION — IT'S A COMBINATION OF KEY FACTORS.

Why does one property appreciate significantly while another property in the same city experiences slower growth?

The answer is that property value is influenced by a combination of physical, economic, legal, environmental and market factors.

Understanding these factors can help property owners, investors and prospective buyers make better-informed decisions.

🔟 KEY FACTORS THAT CAN INFLUENCE PROPERTY VALUE

1️⃣ LOCATION
Location affects accessibility, convenience, demand and the property's relationship with surrounding facilities.

Consider proximity to:

📍 Major roads
🏫 Schools
🏥 Hospitals
🛍️ Commercial centres
🏢 Business districts
🚉 Transport facilities

A strategic location can support stronger demand.

2️⃣ INFRASTRUCTURE
Infrastructure can significantly influence how attractive an area is to occupiers and investors.

Look at:

Roads
Electricity
Water supply
Drainage
Telecommunications
Waste management
Public transportation

Better infrastructure can improve usability and marketability.

3️⃣ NEIGHBOURHOOD QUALITY
People don't buy or rent a building in isolation—they are also choosing its surroundings.

Factors may include:

🏘️ Quality of surrounding development
🛡️ Security
🧹 Environmental conditions
🏗️ Level of development
👥 Socio-economic characteristics

A well-developed neighbourhood may command stronger demand.

4️⃣ MARKET DEMAND
Property value is strongly connected to what people actually want and are willing to pay for.

Ask:

Who wants this property, and why?

Strong demand for residential, commercial, industrial or other property uses can affect rental and capital values.

5️⃣ LAND SIZE, UTILITY & USE
Size matters—but how effectively the property can be used matters too.
Consider:

📐 Site area
🏗️ Development potential
🏠 Permitted use
📊 Plot configuration
🚗 Parking/access requirements
🔄 Potential alternative uses

A larger site is not automatically more valuable if its development potential is restricted.

6️⃣ ENVIRONMENT
Environmental characteristics can affect desirability and usability.
Consider:

🌳 Clean surroundings
💧 Drainage and flooding
🌫️ Pollution
🔊 Noise
🌿 Green areas

🌍 General environmental quality
Environmental risks should be investigated before making an investment decision.

7️⃣ SECURITY
Security can influence the attractiveness of a neighbourhood to residents, businesses and investors.

Consider:

🛡️ Crime conditions
🚓 Security infrastructure
💡 Street lighting
🏘️ Community environment
🚪 Property security

Perceived and actual security conditions can influence demand.

8️⃣ ZONING & LAND USE
What you can legally do with property matters.

Planning regulations and land-use controls may determine whether a property can be used for:

🏠 Residential purposes
🏢 Commercial purposes
🏭 Industrial purposes
🏨 Hospitality
🏗️ Mixed-use development

Always verify the applicable planning and land-use requirements.

9️⃣ GOVERNANCE, TITLE & POLICY
Property markets operate within a legal and regulatory environment.
Relevant considerations may include:

📑 Title status
🏛️ Government acquisition
📋 Planning regulations
⚖️ Legal restrictions
🏗️ Development policies
🗺️ Infrastructure plans

A property with attractive physical features can still face significant limitations if its legal or planning position is problematic.

🔟 TOURISM, LANDMARKS & ECONOMIC ATTRACTIONS
Major attractions and economic activities can influence demand.
Examples include:

🏢 Business districts
🏫 Major institutions
✈️ Transport hubs
🏖️ Tourist attractions
🛍️ Major commercial centres
🏟️ Recreational facilities

Where economic activity and visitor traffic increase, surrounding property markets may also be affected.

💡 BUT HERE'S THE IMPORTANT PART

PROPERTY VALUE DOES NOT RISE SIMPLY BECAUSE “THE AREA IS DEVELOPING.”

A proper assessment should consider market evidence and the specific characteristics of the property.

Two properties in the same neighbourhood can have different values because of differences in:

📐 Size
🏗️ Building quality
📍 Exact location
📑 Title
🏠 Use
🚗 Accessibility
🌳 Condition
📊 Income potential
⚖️ Legal/planning restrictions

WHAT DOES AN ESTATE SURVEYOR & VALUER LOOK AT?

When undertaking a professional valuation, relevant factors can include:

PROPERTY
Physical characteristics, condition, size and accommodation.

LOCATION
Accessibility, neighbourhood and surrounding development.

LEGAL
Title, tenure, restrictions and permitted use.

MARKET
Comparable transactions, rents, demand and supply.

ECONOMIC
Income potential, investment conditions and market trends.

ENVIRONMENTAL
Flooding, pollution, drainage and other environmental considerations.

DEVELOPMENT POTENTIAL

The legally permissible and financially viable use of the property.

🏠 REMEMBER:

A PROPERTY'S VALUE IS MORE THAN THE BUILDING YOU SEE.

It is influenced by the land, location, use, legal rights, market conditions, physical characteristics and economic potential.

That's why professional valuation goes beyond simply looking at a property and guessing a price.

💬 PUBLIC ENGAGEMENT

WHICH FACTOR DO YOU THINK HAS THE BIGGEST IMPACT ON PROPERTY VALUE?

A. Location
B. Infrastructure
C. Market Demand
D. Land Use & Development Potential
E. Property Condition
F. All of the Above

👇 Tell us your answer and explain why.

MAROOF GANIYU & PARTNERS
ESTATE SURVEYORS & VALUERS

Your Property. Our Expertise. Real Value.

Professional services include Property Valuation • Real Estate Advisory • Investment Consultancy • Property Management • Feasibility & Market Studies • Auctioneering • PropTech Solutions

📞 0803 249 5987 | 0807 526 7337
📧 [email protected]
🌐 mgandpartners.com

DON'T GUESS YOUR PROPERTY'S VALUE. GET PROFESSIONAL EVIDENCE.

01/10/2026

WELCOME TO OCTOBER — NEW MONTH MESSAGE

Dear Esteemed Clients, Valued Partners, Colleagues, and Friends,

We are delighted to welcome you to OCTOBER!

As we enter this new month, MAROOF GANIYU & PARTNERS — Estate Surveyors & Valuers | Certified Auctioneer | Certified Digital Realtor sincerely appreciates you for your continued trust, patronage, and confidence in our professional services.

October is another opportunity for fresh beginnings, strategic decisions, meaningful investments, and greater achievements. We pray that this month brings you renewed strength, clarity of purpose, new opportunities, and rewarding results in all your endeavours.

At Maroof Ganiyu & Partners, we remain committed to helping our clients make sound and informed real estate decisions while delivering professional services with integrity, excellence, innovation, and value.

Whether you are looking to value a property, acquire or dispose of real estate, manage your property, engage professional auctioneering services, or explore digital real estate opportunities, we remain ready to serve you.

May October bring peace to your home, prosperity to your business, growth to your investments, and success to your plans.

Thank you for choosing MAROOF GANIYU & PARTNERS and for allowing us to be part of your real estate journey.

HAPPY NEW MONTH!

WELCOME TO OCTOBER!

MAY IT BE A MONTH OF GREATER VALUE, GREATER OPPORTUNITIES & GREATER SUCCESS.

ESV GANIYU MAROOF BABATUNDE
M-TECH, MNIVS, RSV, MCIA, CDR
Principal Partner

MAROOF GANIYU & PARTNERS
Estate Surveyors & Valuers | Certified Auctioneer | Certified Digital Realtor

📞 0803-249-5987 | 0807-526-7337
📧 [email protected]

30/09/2026

HOW LOCATION AFFECTS PROPERTY VALUE

LOCATION ISN’T JUST A PLACE — IT’S A MAJOR DRIVER OF PROPERTY VALUE.

Why can two similar properties have completely different values?

One of the biggest reasons is location.

A property's value is influenced not only by the building itself, but also by its accessibility, neighbourhood, infrastructure, surrounding environment, planning controls, demand and future development potential.

THE SAME PROPERTY TYPE IN TWO DIFFERENT LOCATIONS CAN HAVE VERY DIFFERENT VALUES.

🔟 KEY WAYS LOCATION INFLUENCES PROPERTY VALUE

1️⃣ PROXIMITY TO AMENITIES
Properties close to schools, hospitals, shopping centres, offices, recreational facilities and other useful amenities may attract stronger demand.

2️⃣ ACCESSIBILITY
Good access to major roads, public transportation and important routes can improve convenience and marketability.

3️⃣ NEIGHBOURHOOD QUALITY
Safety, surrounding development, cleanliness, social environment and the general character of a neighbourhood can influence what buyers and tenants are willing to pay.

4️⃣ INFRASTRUCTURE
Reliable electricity, water supply, drainage, roads, telecommunications and other infrastructure can contribute to the desirability of an area.

5️⃣ CURRENT & FUTURE DEVELOPMENT
New roads, commercial centres, residential developments and other planned projects can affect the attractiveness and potential of a location.

But remember: proposed development is not the same as confirmed development. Verify the facts before relying on them.

6️⃣ ENVIRONMENTAL QUALITY
Flooding, pollution, noise, waste management, drainage and general environmental conditions can affect property desirability and value.

7️⃣ SECURITY
Perceived and documented security conditions can influence demand, occupancy and investment decisions.

8️⃣ PLANNING & LAND USE
What can legally be developed on a property matters.

Planning regulations, zoning, permitted land use, building controls and development restrictions can significantly affect a property's utility and potential.

9️⃣ MARKET DEMAND
Where people want to live, work, trade or invest, demand can influence property prices and rental levels.

🔟 LANDMARKS & ECONOMIC ATTRACTIONS
Major business districts, transport hubs, educational institutions, tourist attractions and other economic or strategic landmarks can influence surrounding property markets.

💡 HERE'S THE IMPORTANT PART

A GOOD BUILDING DOES NOT AUTOMATICALLY MEAN A GOOD INVESTMENT.

When assessing property, don't look only at:
🏠 The building
🌳 The appearance
📐 The size
💰 The asking price

Also examine:
📍 WHERE is it?
🚗 HOW accessible is it?
🏗️ WHAT is happening around it?
📑 WHAT can legally be done there?
👥 WHO wants property in that location?
📈 WHAT does the market evidence show?

📍 LOCATION + DEMAND + UTILITY + MARKET EVIDENCE = BETTER PROPERTY DECISIONS

Location does not operate in isolation. A professional valuation considers the property, its location, its legal and physical characteristics, available market evidence and the purpose of the valuation.

DON'T JUST ASK: “WHAT IS THIS PROPERTY WORTH?”

ASK: “WHAT ABOUT THIS LOCATION IS DRIVING ITS VALUE?”

🧭 BEFORE BUYING OR INVESTING, CHECK:
✅ Accessibility
✅ Infrastructure
✅ Neighbourhood characteristics
✅ Planning and zoning
✅ Environmental conditions
✅ Security
✅ Current and future development
✅ Market demand
✅ Comparable property evidence
✅ Title and land information

PROFESSIONAL ADVICE PROTECTS YOUR INVESTMENT.
An Estate Surveyor & Valuer can help you assess market evidence, undertake valuation and provide professional property advice appropriate to your transaction.

MAROOF GANIYU & PARTNERS
ESTATE SURVEYORS & VALUERS

ESV. GANIYU MAROOF BABATUNDE
M-TECH, MNIVS, RSV, MCIA, CDR
Estate Surveyor & Valuer | Certified Auctioneer | Real Estate Consultant | PropTech Advocate | Educator

📞 0803 249 5987 | 0807 526 7337
📧 [email protected]
🌐 mgandpartners.com

YOUR PROPERTY. OUR EXPERTISE. REAL VALUE.

💬 PUBLIC ENGAGEMENT QUESTION
IF TWO IDENTICAL HOUSES COST THE SAME TO BUILD, SHOULD THEY HAVE THE SAME MARKET VALUE IF THEY ARE IN DIFFERENT LOCATIONS?

What do you think? Why?

👇 Share your experience or opinion in the comments.

BETTER LOCATION. BETTER INFORMATION. BETTER PROPERTY DECISIONS.

28/09/2026

PROPERTY INVESTMENT: WHERE DO I START?

REAL ESTATE IS NOT JUST A PURCHASE — IT'S A STRATEGY FOR BUILDING AND PRESERVING WEALTH.

Thinking about investing in property but don't know where to begin?

Perhaps you've heard:

“Buy land—it will appreciate.”
“Property is always a safe investment.”
“This area will soon become the next big thing.”

But successful property investment requires more than following popular opinions.

THE FIRST STEP IS NOT BUYING.
THE FIRST STEP IS PLANNING.

Before committing your money, understand what you want to achieve, what you can afford, what you are buying, and what risks you are taking.

🔟 KEY STEPS TO START YOUR PROPERTY INVESTMENT

1️⃣ SET YOUR INVESTMENT GOALS

Ask yourself:

Why am I investing?

Is it for:
🏠 Rental income?
📈 Capital appreciation?
🏗️ Development?
👨‍👩‍👧‍👦 Long-term wealth?
💰 Portfolio diversification?

Your objective should influence the type of property and investment strategy you consider.

2️⃣ LEARN THE MARKET
Don't invest simply because someone says “property is moving there.”

Research:

📍 Location
🏘️ Property type
📊 Demand
💰 Rental levels
📈 Market trends
🏗️ Infrastructure and development
👥 Target occupants or buyers

Know the market before you enter it.

3️⃣ SET A REALISTIC BUDGET
Know your financial capacity.

Don't consider only the purchase price. Account for relevant costs such as:

Professional fees
Taxes and statutory charges
Documentation
Financing costs
Renovation or development
Maintenance
Property management
Vacancy or holding periods

Know the TOTAL COST OF THE INVESTMENT.

4️⃣ CHOOSE THE RIGHT LOCATION
Location can significantly influence demand, accessibility, rental potential, development prospects and long-term value.

Ask:
Who will want this property, and why would they choose this location?

A beautiful property in the wrong market may not produce the results you expect.

5️⃣ CONDUCT PROPER DUE DILIGENCE
Never invest based solely on an advertisement or someone's assurance.

Investigate relevant:

📑 Title documents
📍 Survey information
🏛️ Acquisition status
⚖️ Encumbrances and disputes
🏗️ Planning and zoning
🏠 Physical condition
📊 Market evidence

VERIFY BEFORE YOU INVEST.

6️⃣ GET PROFESSIONAL ADVICE
Property investment involves several areas of expertise.

Depending on the transaction, appropriate professionals may include:

Estate Surveyors & Valuers — valuation, market analysis and property advice
Legal Practitioners — legal/title documentation and transaction advice
Surveyors — land identity, boundaries and survey matters
Town Planners — planning, zoning and development considerations
Other specialists — where the nature of the investment requires them

GOOD INVESTMENT DECISIONS START WITH GOOD INFORMATION.

7️⃣ EXPLORE FINANCING OPTIONS
Depending on your circumstances and the investment, explore appropriate financing structures such as:

🏦 Mortgage financing
🤝 Partnerships
💼 Private investment
🏛️ Applicable government programmes or schemes
💰 Equity/debt combinations

But remember:
BORROWING CAN MAGNIFY BOTH RETURNS AND RISKS.

Understand the repayment obligations before committing.

8️⃣ ASSESS & MANAGE RISK
Every property investment carries some level of risk.
Consider:

📉 Market risk
🏠 Vacancy risk
💰 Financing risk
🏗️ Construction/development risk
⚖️ Legal/title risk
🌍 Location/environmental risk
🔧 Management and maintenance risk

Then ask:
“What happens if things don't go according to plan?”

Have a contingency strategy.

9️⃣ MAKE THE INVESTMENT
Once your due diligence is satisfactory and your strategy makes sense:

✔️ Agree appropriate terms
✔️ Complete the required documentation
✔️ Make payments through properly documented channels
✔️ Complete relevant transaction and registration processes
✔️ Keep proper records

DON'T LET EXCITEMENT OVERRIDE DUE DILIGENCE.

🔟 MONITOR & GROW
Buying the property is not the end of the investment journey.
Monitor:

📊 Value
💰 Income
🏠 Occupancy
🔧 Maintenance
📈 Market conditions
💵 Investment costs
🎯 Performance against your original objectives

Then decide whether to:
Hold → Improve → Refinance → Develop → Sell → Reinvest

INVESTMENT SHOULD BE MANAGED, NOT ABANDONED.

💡 THE PROPERTY INVESTMENT FORMULA
GOAL → MARKET → BUDGET → LOCATION → DUE DILIGENCE → ADVICE → FINANCING → RISK → INVESTMENT → MONITORING

Skip the thinking and rush straight to “BUY”, and you may be taking risks you don't understand.

🚨 DON'T ASK ONLY:
“HOW MUCH WILL THIS PROPERTY MAKE ME?”

Also ask:
What am I buying?
Why am I buying it?
Who will use it?
What evidence supports the price?
What are the risks?
What will it cost me in total?
What is my exit strategy?

SMART INVESTORS CHOOSE PROFESSIONAL GUIDANCE

MAROOF GANIYU & PARTNERS
Estate Surveyors & Valuers

We provide professional services including property valuation, investment advisory, market research, feasibility studies, property consultancy, property management and related real estate services.

ESV. GANIYU MAROOF BABATUNDE
M-TECH, MNIVS, RSV, MCIA, CDR
Estate Surveyor & Valuer | Certified Auctioneer | Real Estate Consultant | PropTech Advocate | Educator

📞 0803 249 5987 | 0807 526 7337
📧 [email protected]
🌐 mgandpartners.com

YOUR PROPERTY. OUR EXPERTISE. REAL VALUE.

💬 PUBLIC ENGAGEMENT
IF YOU HAD ₦50 MILLION TO INVEST IN REAL ESTATE TODAY, WHERE WOULD YOU START?

A. Buy land
B. Buy a completed rental property
C. Develop property
D. Invest through a partnership
E. Research the market first

👇 Choose one and tell us WHY.

INVEST TODAY. BUILD TOMORROW. — BUT INVEST WITH INFORMATION, NOT ASSUMPTION.

25/09/2026

5 PROPERTY SCAMS TO AVOID

REAL ESTATE CAN BUILD WEALTH — BUT ONLY WHEN YOU KNOW WHAT YOU ARE BUYING AND WHO YOU ARE DEALING WITH.

Property fraud can turn a promising investment into a costly dispute. The most dangerous scams are often designed to look genuine, urgent and attractive.

Before you pay for land or property, VERIFY. INSPECT. CONFIRM.

Here are 5 common property scams every buyer should understand:

1️⃣ FAKE LAND DOCUMENTS
Fraudsters may present forged or altered title documents, survey plans, receipts or other property records to create the impression that a transaction is legitimate.

🚩 WATCH OUT FOR:
Documents that cannot be independently verified
Inconsistent names, dates or property descriptions
Pressure to accept photocopies without proper checks
Sellers who discourage professional or official searches

🛡️ PROTECT YOURSELF:
Don't just inspect the document—verify its authenticity and status with the appropriate authority.

2️⃣ DOUBLE ALLOCATION / MULTIPLE SALES
The same property or land interest may be presented to more than one prospective buyer.

A buyer may pay and later discover that another person has also been given documents or rights relating to the same property.

🛡️ PROTECT YOURSELF:

Confirm:
WHO OWNS IT → WHERE IT IS → WHAT INTEREST IS BEING SOLD → WHETHER THAT INTEREST HAS ALREADY BEEN TRANSFERRED OR ENCUMBERED.

Proper title and transaction searches are essential.

3️⃣ OUTRIGHT FRAUD
This is the classic:

“Pay now and we'll sort out the documents later.”

The supposed seller, agent or intermediary may collect money and then become unreachable—or never had the property or authority they claimed to have.

🚩 BE CAREFUL WHEN:
❌ You are pressured to pay immediately
❌ The transaction relies entirely on verbal promises
❌ The seller refuses reasonable verification
❌ You are asked to pay into an unexplained or unrelated account
❌ The promised documents never materialise

🛡️ PROTECT YOURSELF:
Verify first. Document the transaction properly. Confirm the recipient and authority to receive payment.

4️⃣ UNVERIFIED LOCATIONS
A property may be advertised with an attractive location that does not correspond with the actual parcel being offered.

This can happen through:
📍 Incorrect descriptions
📍 Misrepresented boundaries
📍 Wrong coordinates
📍 Non-existent or inaccessible locations
📍 Land different from what was shown to the buyer

🛡️ PROTECT YOURSELF:
Visit the site. Verify its coordinates and boundaries. Compare the physical land with the relevant survey and title information.

If you haven't seen and verified the land, don't assume you know what you are buying.

5️⃣ FAKE AGENTS & MIDDLEMEN
Not everyone presenting themselves as a property agent, consultant or intermediary necessarily has the authority or professional standing they claim.

Some may use:

📱 Social media advertisements
📸 Attractive property photographs
💬 WhatsApp conversations
🏢 Impressive-looking office identities
🪪 False professional claims

to create credibility.

🛡️ PROTECT YOURSELF:
Verify who you are dealing with, their authority to act, and—where professional services are being provided—the relevant professional credentials.

🔎 THE GOLDEN RULE OF PROPERTY TRANSACTIONS

DON'T BE A VICTIM. VERIFY BEFORE YOU INVEST.

Before committing your money, consider the following:

✅ DUE DILIGENCE
Investigate the property, transaction and parties involved.

✅ LAND VERIFICATION
Confirm the actual location, boundaries and identity of the land.

✅ TITLE SEARCH & CONFIRMATION
Investigate the relevant title and registered interests.

✅ PROFESSIONAL VALUATION
Understand the property's value and relevant market evidence.

✅ PROPER TRANSACTION DOCUMENTATION
Ensure the transaction is appropriately documented and processed.

✅ PROFESSIONAL ADVICE
Engage the appropriate professionals for the legal, surveying, valuation, planning and other aspects of the transaction.

⚠️ REMEMBER
A BEAUTIFUL PROPERTY CAN HAVE A BAD TITLE.
A GENUINE-LOOKING DOCUMENT CAN STILL REQUIRE VERIFICATION.
A CHEAP PRICE DOES NOT MAKE A PROPERTY A GOOD INVESTMENT.

And:

“EVERYONE IS BUYING THERE” IS NOT DUE DILIGENCE.

MAROOF GANIYU & PARTNERS
Estate Surveyors & Valuers

We help individuals, businesses and institutions approach property transactions with professional due diligence, valuation and property advisory services.

ESV. GANIYU MAROOF BABATUNDE
M-TECH, MNIVS, RSV, MCIA, CDR
Estate Surveyor & Valuer | Certified Auctioneer | Real Estate Consultant | PropTech Advocate | Educator

📞 0803 249 5987 | 0807 526 7337
📧 [email protected]
🌐 mgandpartners.com

YOUR PROPERTY. OUR EXPERTISE. REAL VALUE.

💬 PUBLIC ENGAGEMENT

WHICH PROPERTY SCAM HAVE YOU ENCOUNTERED OR HEARD ABOUT?
1️⃣ Fake documents
2️⃣ Double allocation/multiple sales
3️⃣ Outright fraud
4️⃣ False/unverified location
5️⃣ Fake agents or middlemen

👇 Share your experience or warning signs in the comments.

BUY SMART. VERIFY FIRST. INVEST SAFELY. BUILD WEALTH.

GMB The Digital ESV

07/10/2026

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