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An Examination Of Citizens’ Awareness And Perception Of The Estate Management Profession In Anambra State
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​​​​​​1.0 SUMMARY OF FINDINGS, RECOMMENDATIONS AND CONCLUSIONS
In this chapter, the summary of the findings of this research study is discussed. Based on the findings, recommendations were made.
1.1 SUMMARY OF FINDINGS
- The research study has been able to reveal that there is a relationship between awareness and perception of Estate Management and the profession in Anambra State.
- It was as well discovered that citizens of Anambra state prefer the services of a lawyer as opposed to an Estate Surveyor and Valuer, with a majority of them citing legal reasons as what prompted their choice.
- Our method of practice has reduced the level of confidence in our profession. Many imposters have usurped even our special preserve-Valuation. Banks now use their Business Degree graduates, to analyse and value income producing properties. Many mortgage valuations have failed to stand the test of time. The greatest challenge the practice faces, is how to adopt our valuation methods to changing economic situations, to remain relevant.
- The incursion of all manner of persons into the Agency and Management aspect of the profession has beclouded the society's perception of the true professional. A major challenge will be how to extricate the Estate Surveyor and Valuer from the maze of practitioners in the field.
- Professional orientation of citizens of Anambra state towards estate management is admirable.
- Citizens of Anambra state are satisfied with the services rendered by Estate Surveyors and Valuers.
- Quacks and local agents are often misconstrued as Estate Surveyor and Valuers by some of the less informed citizens. And when these individuals get something wrong in the course of rendering services, the blame is shouldered on Estate Surveyors and Valuers generally.
- Finally the test of hypothesis attested to the fact that there is significant relationship between awareness of citizens and estate management profession and also that Anambra State citizens are aware of the term Estate Management as a profession but are limited in their knowledge of it as they lack proper and adequate understanding of what the profession entails and the services alike.
- Also the test of hypothesis attested to the fact that Anambra citizens do not prefer the services of Estate Surveyor and Valuers.
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ABSRACT - [ Total Page(s): 1 ]Estate management profession globally, over the years has been receiving attention due to the impact it has on the development of real estate investment and by extension on the national income of various countries. In Nigeria estate management has enjoyed the same fate but not with some challenges, this is the case in Anambra state where majority of the public are not aware of the term ‘Estate Management’.
The study was carried out to examine citizens’ awareness and perception of profes ... Continue reading---
APPENDIX A - [ Total Page(s): 1 ]FORWARDING LETTER Department of Estate Management, Faculty of Environmental Sciences, Nnamdi Azikiwe University, Awka, Anambra State. August, 2018. Dear Respondent, AN EXAMINATION OF CITIZENS AWARENESS AND PERCEPTION OF THE ESTATE MANAGEMENT PROFESSION IN AWKA, ANAMBRA STATE. I am a final year student of Department of Estate Management in the above mentioned university. The following questions are drawn with the aim of carrying out an independent research on the ... Continue reading---
QUESTIONNAIRE - [ Total Page(s): 2 ]SECTION A INTRODUCTION Please ticks [√] in the appropriate space provided and write in words where necessary in response to the questions below. Gender Male [ ] Female [ ] 2. Occupation Civil servant [ ], Business [ ], Trader [ ], Farmer [ ], Artisan [ ], Student [ ], others (specify): ______________________________ 3. Student Tertiary [ ], secondary [ ] 4. E ... Continue reading---
CHAPTER ONE - [ Total Page(s): 2 ]INTRODUCTION BACKGROUND OF STUDY Estate management is the science and art of conducting and operating affairs bothering on land and landed property with the aim of securing optimum returns (yields) to the holders of interest in the property (Egolum, 2002). From the definition of estate management one can see that there are elements of management which are ‘conducting and operating’ this simply means that there are persons saddled with the responsi ... Continue reading---
CHAPTER TWO - [ Total Page(s): 9 ]Valuation Valuation of assets is the core function of the estate surveyor and valuer. Assets here refer to landed property, plant and machinery, equipment, furniture and fittings, minerals, and so on. Valuation simply means determination of the value of the subject asset or property at a certain date for a certain purpose. Value of an asset may widely vary depending on the purpose of valuation. The purposes for which valuation can be carried out include: Sale and Purchase, Mortgage, Rental, I ... Continue reading---
CHAPTER THREE - [ Total Page(s): 2 ]RESEARCH METHODOLOGY 3.1 RESEARCH DESIGN Research design is a strategy or approach to be used in conducting a scientific enquiry. It specifies how data relating to a particular study is collected and analysed. A research survey was conducted in other to obtain data to test the truism or otherwise of the statement of hypothesis and also to supplement other sources of data; which includes journals and other printed materials. Survey research design was adopted so as to retrieve relevant i ... Continue reading---
CHAPTER FOUR - [ Total Page(s): 2 ]In Table 5 below the same question is answered by the respondents but this time it has do with awareness of the term ‘Estate Management’. The Table shows 28 (8.48%) are not at all aware of the term ‘Estate Management’, 95 (28.79%) are slightly aware, 70 (21.21%) are moderately aware, 122 (36.97%) are moderately aware and 15 (4.55%) are extremely aware of the term ‘Estate Management’. TABLE 5: Are you aware of the term Estate Management? OPTION ... Continue reading---
REFRENCES - [ Total Page(s): 2 ]Gerber, M., Wittekind, A., Grote, G., & Staffelbach, B. (2009). Exploring types of career orientation: a latent class analysis approach. Journal of Vocational Behavior, 75(3), 303-318. History of Estate Management practice in Nigeria. Retrieved from https://www.landforsale.ng/history-estate-management-practice-nigeria Lami, R., & Mile, K. (2013). Neoliberalism effects in Albanian higher education. Journal of International Academic Research for Multidisciplinary, 11, 487-494. Li, P. (2 ... Continue reading---
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ABSRACT - [ Total Page(s): 1 ]Estate management profession globally, over the years has been receiving attention due to the impact it has on the development of real estate investment and by extension on the national income of various countries. In Nigeria estate management has enjoyed the same fate but not with some challenges, this is the case in Anambra state where majority of the public are not aware of the term ‘Estate Management’.
The study was carried out to examine citizens’ awareness and perception of profes ... Continue reading---