The Ceo, Oxygen Holdings/LandWey Investments Limited, Olawale Ayilara, has stated that innovation is really essential to the operations of Nigeria’s home market.
“In the future typically, technology is very important to how the property market and everything will run. So, all of us need to see how we can buy technology to boost how we operate,” he said.
Ayilara spoke in Lagos at the maiden edition of the BuyLetLive’s Stakeholder Engagement Online forum, with the style, ‘Property Digi-volution’.
The President, BuyLetLive, Ola Daramola, in his welcome address, stated the stakeholder engagement forum was aimed at showcasing BuLetLive’s services and product to stakeholders.
Speaking on financial chances in the realty sector, the Chief Executive Officer, Stanbic IBTC, Wole Adeniyi, said reputable real estate gamers were crucial.
“The real estate industry has N3.5 tn offered for utilisation of home mortgage. BuyLetLive offers the greatest chance for users to have access to this with Stanbic IBTC,” he stated.
Adeniyi included, “For the growth of the realty market, we require trustworthy and trustworthy real estate gamers, and what BuyLetLive is doing is developing an opportunity and a platform for that connection to take place.”
On his part, the Chief Executive Officer, UPDC Plc, Odunayo Ojo, noted that a person of the crucial concerns in the property market was the lack of information.
He, however, mentioned that the only method to access that information was to feed information into the database.
Likewise, the Chief Executive Officer, Estate Hyperlinks Limited, Gbenga Olaniyan, substantiating what Ojo stated, stressed that information must not be taken with levity.
“Ensure that you do not joke with data. Not just information, you need to have access to information that is up to date. This is because asking rates for homes in this part of the world are artificially high and are not to be used for decision-making,” he stated.