INNOVATION FOR THE PROMOTION OF PAUL OSAJI AND CO AS A VIABLE REAL ESTATE AGENCY: AN INITIATIVE.
THE ABOVE SUBJECT MATTER IS A PROJECT CARRIED OUT BY THE BELOW NAMED PERSONS WORKING AS A TEAM BEING TEMOPORAL EMPLOYEES IN THE FORM OF AND PASSING AS INTERNS OF PAUL OSAJI AND CO.
CHIAMAKA AYINOTU
MICHAEL BASSI
ODION AIMANOSE
OYINDA ASHADE
SAMUEL SAGBELE
UYI ISREAL ASIBOR
VOKE GBOTEMI EDAH
THE ABOVE SUBJECT MATTER SHALL BE PRESENTED IN THE PRESENCE OF MS. HANNAH ABAJIGIN BEING THE HUMAN RESOURCE FOR PAUL OSAJI AND CO AS AN INITIATIVE OF THE INTERNS.
BACKGROUND
Innovation is popping an concept into an answer from a buyer perspective.1 It’s the skill to generate novel and helpful concepts, the flexibility to scale these concepts and the appliance of the concepts.2 It’s a approach of staying related by way of unprecedented change to fulfill the wants of constituents.three Enterprise organizations encourage initiatives to result in improvements, because it improves productiveness, competitors, reduces prices, builds extra model worth, enhances partnerships and relationships, will increase turnover and enhance profitability.
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INTRODUCTION
Actual Property Company is a enterprise group that has thrived on innovation. A Actual Property Company acts as an middleman in enterprise transactions reminiscent of gross sales, lease, property administration, growth and valuation of actual property. The Actual Property Market is saddled with every day investments by people, firms and authorities and as such it’s aggressive. Over 37% of individuals invested within the Market in 2011, it has been 9 years and the pursuits in addition to turnover has elevated. There are many property businesses, nonetheless, Paul Osaji and Co has been on high of the sport for years, however as Michael Porter posited Innovation is the central problem in financial prosperity and as Thomas Edison said there’s a option to do it higher, discover it . The Crew has discovered it;
PHOTOGRAPHY
That is imagery in artwork kind, a file of visuals which have been simply transferrable and accessible by way of the arrival of the web and expertise. Enterprise Organizations throughout have used this artwork kind to additional its trigger, there’s due to this fact a have to take higher pictures with higher views of obtainable property and the native space or city, like acquainted websites or landmark, as actual property isnt nearly promoting the property however consists of the entire space or locality . Through the PropertyPro coaching this want was emphasised on by the developer of the location. Higher photographs of properties will increase curiosity to view such properties and high quality imagery of properties enhances its said worth. E.g. photographs and movies of the notorious AMEN ESTATE garnered thousands and thousands of likes and views though it was on the far finish of Lagos State and in a growing neighborhood. Actual Property Photojournalists like 360Human Help Property Companies create breath taking photographs and digital excursions nonetheless, inner assets may be utilized, and one significance of innovation is the exploration of a corporations energy by way of its workers because it confines limitations and reduces potential expenditure, such useful resource is available in intern Uyi Israel Asibor.
Picture credit score: Uyi
Picture credit score: Uyi
BRANDING AND STANDARD: That is what makes an entity distinctive or distinct from different opponents. It’s what folks say about you when you find yourself not within the room. It consists of what consultants name THE USP (UNIQUE SELLING POINT OR PREPOSIITON). The usp is what makes a enterprise totally different set by way of a specified and labored on customary. It include:
ADVERTISING
It is a methodology that brings merchandise on to intending purchasers by way of visuals, these numerous promoting choices and entry methods to public and/or personal people and entities could make the Paul Osaji model stand distinctive. They embody:
ONLINE STRATEGY, SUCH AS
YOUTUBE
GOOGLE ADS
GOOGLE MY BUSINESS ACCOUNTS
PINTEREST BOARDS
VIRTUAL TOURS
ANIMATED VIDEOS
WEBINARS
CREATE AN AWESOME WEBSITE
CREATE A SHARE SCHEDULING APP LIKE DOODLE HELPS TO CORDINATE TIME TO SHOW HOMES TO BUYERS OR TENANTS AND CUTS BACK ENDLESS BACK AND FORTH TIME SWAPPING.
CREATE A FREE E-BOOK
The creation of the above listed has made it potential for the actual property market to embody over 1 billion folks. Over 20 billion dollars is invested within the economic system by the diaspora, think about tapping into that system by way of these websites by offering straightforward technique of buying property in Nigeria with little or no stress.
PROMOTIONAL STRATEGY, SUCH AS
The Creation of a Journal for the group, this might be produced in small amount and distributed to constant purchasers and verified brokers at the start and/or quarter of the 12 months.
Native Sponsorship, think about serving to to sponsor native festivals, sport groups, marathons, well being walks or college occasions as being an area sponsor typically means getting your small business on t-shirts, program pamphlets or flyers e.g. GTB FOOD FESTIVAL,LAGOS FASHION WEEK,OR SOCIAL MEDIA AWARDS.
Host free seminars for dwelling consumers and/or tenants.
Companion with native companies, getting native eating places meals shacks by shopping for a number of mugs along with your brand on them or shopping for a spot on their paper placement setting.
Picture credit score: Pwan Houses Magazine
ESTATE AGENCY AND PROPERTY MANAGEMENT SOFTWARE APPS
The arrival of expertise and the web grew to become revolutionary in particular person and enterprise transactions. There are software program purposes that may improve actual property or property administration,
Facet Methods Ltd, offers a property supervisor that data the receipt of tenant hire and different miscellaneous receipts, funds made to landlords, suppliers and different miscellaneous cost and property transactions.
Acquaint CRM (Buyer Relationship Administration) offers software program to deal with residential gross sales, lettings, property administration and speak to package deal administration.
INSURANCE
A case for dwelling insurance coverage is swept below the rug, as such properties and houses are grossly below insured in Nigeria. There was a prevalence of constructing collapse, fireplace outbreaks, flooding operating into thousands and thousands of naira and misplaced properties with no prospect of re-couping as a result of it was not insured. Though lots of people appear to be averse to the idea of insurance coverage reason behind the Byzantine Forms. The Company might advise the consumer on what insurance coverage firm serves greatest resulting from private procuring or data.
STAFF MOTIVATION LEVELS
In most institutions, the need to realize optimum degree of productiveness could be very central to managerial goals. To realize this degree, administration of any organisation must look in wards as to how greatest the staffs morale may be boosted by way of quite a few incentives.
In response to Aima Odion, guaranteeing employees have sufficient motivation to remain targeted and full their jobs is important. This may be performed by way of numerous means one in all which is offering incentives for staffs who go the additional mile or creating an avenue to award an worker of the month or 12 months.
SOCIAL RELAXATION
ALL WORK AND NO PLAY MAKES? We generally want to interrupt away and chill out from work, based on science every day, stress can have an effect on our skill to assume clearly altering how we weigh threat and reward, and there are methods to repair rest into busy schedules. Oyinda Ashade and Michael Bassi posit two paths
GAMES OF THOUGHT,LOGIC,VALUE AND REASON SUCH AS SCRABBLE,MONOPOLY,POKER,ETC
FITNESS ROUTINES SUCH AS HEALTH WALKS OR EXERCISE
LEGAL DEPARTMENT
A personnel sporting the hat of authorized personnel at sure company buildings with out inner authorized departments nor alliance with authorized professionals, are likely to resolve points on labour legislation deviations sans authorized interpretation expertise, thus snowballing a spark battle to a raging dispute compellingly to be referred to an adjudicatory mechanism- Henrietta Newton Martins- Authorized Marketing consultant.
The Authorized Division oversees all authorized issues which incorporates litigations, investigations, compliance, contract issues and regulatory recommendation that allow the Company to implement choices and stop authorized challenges.
ROLES AND RESPONSIBILITIES
To supply wonderful authorized opinions and recommendation in a well timed method and shield the authorized curiosity of POC.
Negotiate contract phrases and circumstances, draft, assessment and approve authorized paperwork and agreements on behalf of the Company.
To file fits on behalf of POC and supply efficient and environment friendly representations.
Implement compliance with legal guidelines referring to possession, possession, occupation of actual properties and guidelines that govern the transactions and practices of Property Companies, Brokers, Surveyors and Valuers.
Keep updated data on authorized issues by guaranteeing a dependable and correct authorized file.
To supervise all board issues and administration conferences.
To symbolize and work collectively with different businesses on collaborative relationships on behalf of POC.
Along with the above under are FORBES 5 Advantages of Hiring an In-Home Counsel:
They help your development.
They impart with an out of doors counsel when essential.
They offer you peace of thoughts.
Their data is priceless
They’re emotionally clever.
CONCLUSION
Innovation evolves with time, because the market wants of individuals will increase or decreases in accordance with the issues and points in place. Enterprise Organisations has to fulfill these wants by encouraging worker/employer initiatives for market energy and elevated return on investments.