I'm here today to share with you some of the challenges I faced as a Real Estate Professionals in Awka and beyond, considering local market dynamics, economic realities, and regulatory frameworks:
1. LAND OWNERSHIP & TITLE ISSUES
Many properties in Awka lack proper documentation, leading to disputes over ownership and difficulties in obtaining a Certificate of Occupancy (C of O) or Governor’s Consent. But the difficulty of obtaining C of O was prior to Prof Charles Chukwuma Soludo as the Governor.
Family land disputes (inheritance issues, communal ownership, and land grabbing) can delay transactions or lead to litigation.
2. GOVERNMENT POLICIES & BUREAUCRACY
Anambra State’s land allocation and approval process can be slow and cumbersome, discouraging potential investors. But all these are now stories of the old since Governor Soludo came onboard.
Inconsistent urban planning policies and government interventions (e.g., demolitions due to non-compliance with building codes) pose risks for developers and buyers.
3. INFRASTRUCTURE & DEVELOPMENT Gap's
While Awka is growing, certain areas still face poor road networks, drainage issues, and inadequate electricity supply, affecting property desirability and valuation.
Some developers struggle with high costs of self-funded infrastructure (boreholes, alternative power, road grading, etc.) before properties become attractive to buyers.
4. ECONOMIC CHALLENGES & AFFORDABILITY
Many potential buyers, including civil servants and SMEs, struggle with access to mortgage financing, limiting their ability to purchase properties outright and in installments.
The cost of construction materials has been rising, making it harder for developers to offer affordable housing while maintaining profitability.
5. INSECURITY & SAFETY CONCERNS
Fear of kidnappings and attacks has made prospective investors hesitant to engage in real estate deals, especially in developing areas and remote locations.
Realtors and clients are often required to inspect properties in undeveloped or bushy areas, making them vulnerable to criminal activities.
Some buyers insist on meeting only in secure environments, avoiding site visits altogether, which slows down transactions.
6. MARKET COMPETITION & PRICING WARS
The influx of new estate developers in areas like Agu Awka, Ifite, Amansea, Ebenebe, Ugbenu, Awba Ofemmili, Isuanaocha, Mgbakwu, Enugwu Agidi, Ukwulu, Ndinkwuenu and other towns in the Awka capital territory has led to pricing battles, making it harder for realtors to secure exclusive listings or maintain competitive commissions.
Some developers and agents undercut pricing and commissions to close deals, making it difficult for professional realtors to maintain sustainable margins.
7. FRAUD & UNETHICAL PRACTICES
Cases of multiple sales of the same plot of land by fraudulent individuals, including "land grabbers" and dubious agents, have led to buyer distrust in the market.
Some Real Estate agents operate without proper registration, leading to misrepresentation and fake promises that damage the industry’s reputation.
8. CLIENT MISTRUST & UNREALISTIC EXPECTATIONS
Many buyers are skeptical due to past scams and land disputes, making it harder to convince clients to invest, especially in developing areas.
Property owners sometimes overprice their land/houses, expecting quick sales, making negotiations difficult for realtors.
9. MARKETING & LEAD GENERATION CHALLENGES
Realtors in Awka rely heavily on word-of-mouth referrals, but digital marketing is still underutilized. Many professionals lack the skills or resources to leverage social media, SEO, and online property listings effectively.
The younger generation of investors prefers modern, data-driven approaches, while traditional landowners still operate with informal methods that make deal closures slower.
10. NEGOTIATION & DEAL CLOSING DIFFICULTIES
Due to cultural factors and family involvement in land sales, negotiations can be prolonged, as many landowners need family or village approval before selling.
Some clients fail to honor payment agreements, especially in installment-based property deals, leading to delays in closing transactions.
11. WORK-LIFE BALANCE & STRESS FACTORS
The competitive nature of the Awka real estate market means realtors must be available 24/7 for site inspections, calls, and deal negotiations, leading to burnout.
Some professionals struggle to sustain steady cash flow, as real estate deals are commission-based and not always frequent.
My inspiration for venturing into Real Estate likely stems from my broader commitment to sustainable development, economic growth, and strategic investments in Anambra, the South East and Nigeria. My engagements from leading governance initiatives to fostering investment partnerships suggest a deep interest in infrastructure development, urban planning, and wealth creation.
Additionally, my participation in the Awka Realtors' Summit and interactions with key stakeholders in Real Estate indicate a drive to enhance mastery through knowledge. Given my role in shaping policies and attracting investors, Real Estate aligns perfectly with my vision for economic transformation, job creation, and community development.
To all our valued customers, your unwavering support means everything!! Your trust, loyalty, and patronage keep us going, and we truly appreciate each and every one of you.
Thank you for choosing us, believing in us, and being part of our journey. We look forward to serving you even better!!
My mission in real estate is to create sustainable communities, provide quality housing, and drive economic growth through strategic investments. By focusing on urban development, affordable housing, and luxury properties, I aim to transform Anambra’s real estate landscape. Leveraging my expertise in negotiation, project management, and investment strategy, I am committed to fostering community development, expanding infrastructure, and preserving cultural heritage. Real estate aligns with my broader vision of leadership in governance, development, and sustainability, making it a key driver of lasting impact.
I look forward to your support and patronage. Let’s build dreams together!!
Let me reintroduce myself. My name is ENGR. CHISOM ECHELE, and I am the PRINCIPAL CONSULTANT OF REALTORS CATALOG, an emerging Real Estate Company dedicated to managing, buying, selling, investing, and developing properties including Land, Residential Homes, and Commercial Buildings.
At Realtors Catalog, we also provide expert services to help our clients find the right property, negotiate prices, and smoothly navigate the sale or lease process.
With over 100 satisfied clients and counting, we are committed to offering a ONE-OF-A-KIND REAL ESTATE EXPERIENCE where value meets excellence. I am deeply passionate about HELPING PEOPLE ACHIEVE THEIR HOMEOWNERSHIP AND INVESTMENT DREAMS, ensuring that every transaction is not just a deal but a FULFILLING JOURNEY.
Beyond Real Estate, I love to SHOP, EAT, READ, AND EXPLORE NEW WAYS TO IMPROVE MY BRAND AND BUSINESS. As part of my growth journey, I am embarking on a 100-DAY VISIBILITY CHALLENGE, where you’ll see Realtors Catalog in a whole new way!!
I look forward to your support and patronage. Let’s build dreams together!!
Chisom Echele
HELLO EVERYONE!!
I'm here today to share with you some of the challenges I faced as a Real Estate Professionals in Awka and beyond, considering local market dynamics, economic realities, and regulatory frameworks:
1. LAND OWNERSHIP & TITLE ISSUES
Many properties in Awka lack proper documentation, leading to disputes over ownership and difficulties in obtaining a Certificate of Occupancy (C of O) or Governor’s Consent. But the difficulty of obtaining C of O was prior to Prof Charles Chukwuma Soludo as the Governor.
Family land disputes (inheritance issues, communal ownership, and land grabbing) can delay transactions or lead to litigation.
2. GOVERNMENT POLICIES & BUREAUCRACY
Anambra State’s land allocation and approval process can be slow and cumbersome, discouraging potential investors. But all these are now stories of the old since Governor Soludo came onboard.
Inconsistent urban planning policies and government interventions (e.g., demolitions due to non-compliance with building codes) pose risks for developers and buyers.
3. INFRASTRUCTURE & DEVELOPMENT Gap's
While Awka is growing, certain areas still face poor road networks, drainage issues, and inadequate electricity supply, affecting property desirability and valuation.
Some developers struggle with high costs of self-funded infrastructure (boreholes, alternative power, road grading, etc.) before properties become attractive to buyers.
4. ECONOMIC CHALLENGES & AFFORDABILITY
Many potential buyers, including civil servants and SMEs, struggle with access to mortgage financing, limiting their ability to purchase properties outright and in installments.
The cost of construction materials has been rising, making it harder for developers to offer affordable housing while maintaining profitability.
5. INSECURITY & SAFETY CONCERNS
Fear of kidnappings and attacks has made prospective investors hesitant to engage in real estate deals, especially in developing areas and remote locations.
Realtors and clients are often required to inspect properties in undeveloped or bushy areas, making them vulnerable to criminal activities.
Some buyers insist on meeting only in secure environments, avoiding site visits altogether, which slows down transactions.
6. MARKET COMPETITION & PRICING WARS
The influx of new estate developers in areas like Agu Awka, Ifite, Amansea, Ebenebe, Ugbenu, Awba Ofemmili, Isuanaocha, Mgbakwu, Enugwu Agidi, Ukwulu, Ndinkwuenu and other towns in the Awka capital territory has led to pricing battles, making it harder for realtors to secure exclusive listings or maintain competitive commissions.
Some developers and agents undercut pricing and commissions to close deals, making it difficult for professional realtors to maintain sustainable margins.
7. FRAUD & UNETHICAL PRACTICES
Cases of multiple sales of the same plot of land by fraudulent individuals, including "land grabbers" and dubious agents, have led to buyer distrust in the market.
Some Real Estate agents operate without proper registration, leading to misrepresentation and fake promises that damage the industry’s reputation.
8. CLIENT MISTRUST & UNREALISTIC EXPECTATIONS
Many buyers are skeptical due to past scams and land disputes, making it harder to convince clients to invest, especially in developing areas.
Property owners sometimes overprice their land/houses, expecting quick sales, making negotiations difficult for realtors.
9. MARKETING & LEAD GENERATION CHALLENGES
Realtors in Awka rely heavily on word-of-mouth referrals, but digital marketing is still underutilized. Many professionals lack the skills or resources to leverage social media, SEO, and online property listings effectively.
The younger generation of investors prefers modern, data-driven approaches, while traditional landowners still operate with informal methods that make deal closures slower.
10. NEGOTIATION & DEAL CLOSING DIFFICULTIES
Due to cultural factors and family involvement in land sales, negotiations can be prolonged, as many landowners need family or village approval before selling.
Some clients fail to honor payment agreements, especially in installment-based property deals, leading to delays in closing transactions.
11. WORK-LIFE BALANCE & STRESS FACTORS
The competitive nature of the Awka real estate market means realtors must be available 24/7 for site inspections, calls, and deal negotiations, leading to burnout.
Some professionals struggle to sustain steady cash flow, as real estate deals are commission-based and not always frequent.
#100DVC
11 months ago | [YT] | 0
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Chisom Echele
My inspiration for venturing into Real Estate likely stems from my broader commitment to sustainable development, economic growth, and strategic investments in Anambra, the South East and Nigeria. My engagements from leading governance initiatives to fostering investment partnerships suggest a deep interest in infrastructure development, urban planning, and wealth creation.
Additionally, my participation in the Awka Realtors' Summit and interactions with key stakeholders in Real Estate indicate a drive to enhance mastery through knowledge. Given my role in shaping policies and attracting investors, Real Estate aligns perfectly with my vision for economic transformation, job creation, and community development.
#100DVC
11 months ago | [YT] | 0
View 0 replies
Chisom Echele
🌟 SPECIAL THANKS TO OUR AMAZING CUSTOMERS!! 🌟
To all our valued customers, your unwavering support means everything!!
Your trust, loyalty, and patronage keep us going, and we truly appreciate each and every one of you.
Thank you for choosing us, believing in us, and being part of our journey. We look forward to serving you even better!!
Here's to more success together!! 💛
#100DVC
#Gratitude #ThankYou #WeAppreciateYou
11 months ago | [YT] | 0
View 0 replies
Chisom Echele
My mission in real estate is to create sustainable communities, provide quality housing, and drive economic growth through strategic investments. By focusing on urban development, affordable housing, and luxury properties, I aim to transform Anambra’s real estate landscape. Leveraging my expertise in negotiation, project management, and investment strategy, I am committed to fostering community development, expanding infrastructure, and preserving cultural heritage. Real estate aligns with my broader vision of leadership in governance, development, and sustainability, making it a key driver of lasting impact.
I look forward to your support and patronage. Let’s build dreams together!!
#100DVC
11 months ago | [YT] | 0
View 0 replies
Chisom Echele
HELLO EVERYONE,
Let me reintroduce myself. My name is ENGR. CHISOM ECHELE, and I am the PRINCIPAL CONSULTANT OF REALTORS CATALOG, an emerging Real Estate Company dedicated to managing, buying, selling, investing, and developing properties including Land, Residential Homes, and Commercial Buildings.
At Realtors Catalog, we also provide expert services to help our clients find the right property, negotiate prices, and smoothly navigate the sale or lease process.
With over 100 satisfied clients and counting, we are committed to offering a ONE-OF-A-KIND REAL ESTATE EXPERIENCE where value meets excellence. I am deeply passionate about HELPING PEOPLE ACHIEVE THEIR HOMEOWNERSHIP AND INVESTMENT DREAMS, ensuring that every transaction is not just a deal but a FULFILLING JOURNEY.
Beyond Real Estate, I love to SHOP, EAT, READ, AND EXPLORE NEW WAYS TO IMPROVE MY BRAND AND BUSINESS. As part of my growth journey, I am embarking on a 100-DAY VISIBILITY CHALLENGE, where you’ll see Realtors Catalog in a whole new way!!
I look forward to your support and patronage. Let’s build dreams together!!
#100DVC
11 months ago | [YT] | 0
View 0 replies