Challenges Facing Estate Surveying and Valuation Professional Practice in Nigeria. by- Isaac Okoronkwo. C. Essay

The difficulties facing Property Surveying and Valuation professional practice in Nigeria Experts in the building industry have listed some factors bedeviling Estate Surveying and Value Profession in the area. They incorporate; [1] poor remuneration, [2] quackery, [3] stringent legal guidelines, [4] not enough training and [5] dropping standards of valuation practice.

According to Solanke (2010), stated that poor quality assistance, outdated range of service fees and bad competitions are a couple of the major difficulties of the experts in the industry. Professor Solanke was of the look at that low quality service will certainly incur the disrespect from the society for the professionals and in addition lead to non-payment of professional fees which includes threat on the continued existence of the profession.

In the same vein, he attributed unhealthy competition amongst professionals inside the sector irrespective of clear specs of specialist roles to lack of vision by the practioners. He nevertheless , used the justifications to canvass for the revitalization and recovery of specialist ethics concerning enhance the practice of property surveying remembering that the future of the areas is the way forward for the professionals.

Ojo (2004) noticed that Nigerian Estate Surveyors and Valuers have been somewhat slow and lukewarm in their attitude and approach to the required accuracy within valuation practice thereby causing into complaints from customers about valuation estimates. According to Doctor Olawande Oni in a daily news entitled " Challenges Facing Surveying and Valuation Profession on the Global Setting”- this individual observed that the challenges dealing with valuation profession across the globe happen to be interconnected. He insists that competition pertaining to work, compliance with complicated and exacting standards of execs practice within harsh environment, keeping up to date with the active and changing environment of valuation practice, poor remuneration and coping with stringent laws are some of the down sides facing the...

References: Isaac, N. (2010, 08 07). The Wave. Retrieved 01 27, 2013, from thetidenewsonline. com: http://www.thetidenewsonline.com/2010/08/07/experts-list-impediments-to-estate-surveying-practice/

Okwy, I actually. C. (2012, 10 2). Estate Surveyors identify obstacles to practice. Retrieved 01 twenty seven, 2013, through the Nation: http://thenationonlineng.net/new/business/building-properties/estate-surveyors-identify-barriers-to-practice/

Oloyede, T. (2011). Problems facing the Estate Surveying and Valuation Profession in Nigeria. Organization Management Aspect, 54-60.

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