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Experts inaugurate online real estate school to boost Nigeria’s global competitiveness

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Real estate experts on Tuesday said there was the need for adequate and right training for professionals in the built environment to harness huge huge opportunities in the construction value chain in line with global practice.

The experts at the launch of the Online School of Estate run by Realty Point, a real estate firm in Maryland, Lagos, said that Nigeria was not exploring the huge business opportunities in the real sector because of inadequate information.

Mr Akin Olawore, the Director of Studies, School of Estate Online said at a news conference of the official launch of the online portal, that the school had been in existence since 1990 but was going online to reach a wider audience to bridge the ignorance gap in the nation.

Olawore said that real estate was a huge industry but unlike global practice Nigerians were taking advantage of only a small segment of the market in the value chain.

“We need to create people to take advantage of opportunities in the value chain. Knowledge is important, it is because of lack of knowledge that people recorded loses in the real estate sector in the past.

“When people acquire more knowledge they become efficient. Real Estate is big sector you cannot stand alone ,” he said.

He explained that the issue of land and its cost was taken into account to evolve strategies for quality construction and service delivery without compromising standards.

The director said that the school currently has an Alumni base of 5,000 and offered opportunity to all construction enthusiasists irrespective of their discipline to train as real estate experts.

He said that the school was a professional training institution accr

The Registra, Mr ‘Debo Adejana said that the school was open to international corporation with other world class real estate institutions and was working on exchange programs with various countries.

Adejana said that the online school offered opportunity to students to study from anywhere at a reduced cost because the courses were broken down into modules.

“All the courses we offer offline eventually will be replicated online, we are starting with a few courses currently and every month we will have new courses added to the online.

The unique thing about the online platform is that it is also an opportunity for any body and everybody in the built space to contribute anything they want to people to learn from to the industry,” he said.

Also, Mr Stephen Ajayi-James, a facilitator said that the students would be trained on how to engage professionals in projects from conception stage through construction to delivery stage for efficiency to check construction failure.

“We train professionals to make them know the importance of good quality product delivery above profiteering,” he said.

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