The Impact of the Activities of Quacks on the Practice of Real Estate

THE IMPACT OF THE ACTIVITIES OF QUACKS ON THE PRACTICE OF REAL ESTATE PROFESSION IN NIGERIA. BY OREAGBA . K. OMOTOKE IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF BACHELOR OF SCIENCE DEGREE (HONS) IN ESTATE MANAGEMENT DEPARTMENT OF ESTATE MANAGEMENT JANUARY, 2011. Part ONE INTRODUCTION 1. 1. Foundation to the Study The thought of polished methodology depends on an expert in whatever professional field to serve his customer as well as the general public at large.This infers the need to keep up a serious extent of moral obligation and lead, since trustworthiness must be the watch word for any calling. In this manner the fulfillment of expert status includes an order of study, an aggregation of information and a premise of trust combined with pragmatic experience. Notwithstanding, the more differentiated the field of training, the more uncertain it becomes for high expert codes and norms to be kept up and in this way home office specifically can introduce problems.Agency ca n be alluded to as the matter of speaking to or offering a specific assistance for individuals or associations while a specialist is an individual who follows up in the interest of another as for a specific exchange, additionally an operator as someone who authoritatively speaks to another person in business or someone who offers a specific support for another. Then again, Real Estate,â inâ broadâ definition, alludes to land and everything fixed for all time a section thereof, and the nature and degree of one's advantage in that. In law, the word genuine, as it identifies with property, implies land as recognized from ersonal property; and domain is characterized as the intrigue one has in property. Valuers, Appraisers and Estate Agents Act 1981 characterized domain office practice as acting or holding oneself out to general society as prepared to act, for a commission, charge, reward or other thought, as a specialist in regard of the deal or other removal of land and structures and of any intrigue in that or the buy or other procurement of land and structures and of any intrigue in that or in regard of the renting or letting of land and structures and of any intrigue therein.Ibiyode(2009) in a meeting with the Saturday Tribune alludes to an undeveloped and unregistered individual from the Nigerian Institution of Estate Surveyors and Valuers (NIESV) rehearsing bequest organization as a quack. Throughout the years, land office practice has seen the flood of the two experts and non-experts the same. Enrolled Estate Surveyors and Valuers, legal counselors that fill in as specialists, property experts, contract foundations, land merchants and uneducated middle people are found in bequest office business (Opalana, 2009).Akomolede (2006) mentions that it is just inactive and ineffective legal advisors who leave their own calling to fiddle into home office. He further clarified that butchers, mechanics, drivers, bookkeepers, legal advisors, instructors, understudi es, security monitors, even inactive housewives and pretty much anyone can fiddle into the training to procure a commission.Statistics inferred by Akpoyibo ( 2009) shows that in the previous 5 to 8 years, fraudsters, working under the front of home engineers, home specialists, property experts and the board, among different business names, have assumed control over the city of Lagos, tricking and bringing hopelessness and disarray into the lives of their casualties. A portion of their techniques are very advanced, they would put commercials in the print and electronic media, use bulletins and even print hand bills to report opportunities for pads, independent lofts to let or even land and houses available to be purchased (Akpoyibo, 2009).This circumstance has truly influenced the picture of rehearsing Estate Surveyors whereby proprietors of properties have given over deals and lettings of their various properties to specialists who as a rule are not dependable and don't have legitim ate rights to do such exercises and who can't catch up the checking and appropriate upkeep of their client’s properties.In such cases the proprietor of the properties is in danger of terrible occupant and poor support which brings about loss of client’s cash. Over the span of perusing this, the scientist was provoked to discover how has the exercises of quacks influenced Real Estate Profession with extraordinary spotlight on land organization and property dealings in Lagos Island and its environs because of its high volume of letting and deals exchanges. 1. 2. Proclamation of Research ProblemAccording to Akomolede (2006), the most serious issue confronting the home office business in Nigeria today is the nonattendance of guideline, there is no empowering law under which bequest operators are enrolled and controlled; the threat is that the calling in its current state takes into account the interruption of a wide range of quacks. Another primary issue with the current f ramework is that there is no necessity to have a place with an administrative body so as to set up and practice as an agent.Estate operators may decide to become individuals from the Royal Institution of Chartered Surveyors or the National Association of Estate Agents, and it's a smart thought to check for their enrollment of these bodies while picking one to take a shot at your benefit. Wrongdoing Watch examinations distributed in the PM News (seventeenth September, 2009) uncovered that the greater part of the properties publicized for lease or rent don't exist, and where they exist, individuals are joining many different casualties to line the avaricious pockets of these criminals.It was likewise uncovered that between a year ago and today, more than 1,000 house searchers in Lagos State have been tricked by these cheats, while a few a huge number of naira has been lost. A few families have lost as long as they can remember reserve funds and some have confronted dejection through t he exercises of these rebels. This study’s most prominent concern is the way that increasingly more house searchers are falling under the control of these quacks and a few a large number of naira is falsely gathered every day from Lagosians. The significant inquiries this examination means to answer along these lines include: i.What laws have been set up to control the exercises of quacks in Nigeria? ii. What are the impacts of quacks on Real Estate Practice ? iii. What should be possible to limit their exercises? 1. 3. Point and Objectives of Study The point of this examination is to consider the effect of the exercises of quacks on the act of land calling in Nigeria, with specific reference to Lagos Island property advertise. In accomplishing the point of this investigation, the particular targets are to: I. Inspect the laws identifying with the act of home organization in Nigeria. ii.Asertain impossible to miss impacts of quacks on training of bequest organization in the i nvestigation region. iii. Recognize approaches to limit the exercises of quacks to upgrade Real domain practice. 1. 4. Criticalness of the Study Several essayists have mostly inspected the effects and impacts of quacks on domain organization practice. Comparable to their individual examinations, this investigation will analyze all part of deception related action by distinguishing who these quacks are, likewise by looking at the laws that directs the act of bequest organization just as proposing potential answers for this menace.This venture will fill in as a motivation particularly to understudies right now reading domain the board and for those whose claim to fame would be home office since it will aid appropriately situating them as propective home assessors, and furthermore to the open telling them who they can relate with and how to recognize Estate Surveyors and Valuers. This examination is likewise significant on the grounds that it would uncover the exercises of quacks/non-e xperts in domain organization, in this manner empowering the Nigerian Institution of Estate Surveyors and Valuers to be in a decent situation to mold out new sets of principles for its individuals and discover methods of managing quacks.This research is to empower the perusers get why and how these quacks work under the covering of bequest designers, home specialists, property advisors and the board, this is on the grounds that it has been seen by Crime Watch examinations that these quacks have assumed control over the city of Lagos, hoodwinking and bringing hopelessness and disarray into the lives of their casualties. A nitty gritty investigation that would experience the total examination necessities would no uncertainty limit, if not destroy the exercises of quacks in domain organization practice.This is the thing that this investigation plans to accomplish notwithstanding advancing enthusiasm of office assessors in the property advertise. This examination will go far in abrogati ng the exercises of quacks and furthermore telling the open who explicitly they can relate with and how to recognize them, additionally keep people in general from going into wrong hands. 1. 5. Extent of the Study No issue how driven a scientist could be, no single examination can be comprehensive. Henceforth, study limits must be characterized unmistakably. In this view his examination centers around the effect of the exercises of quacks on the act of Real Estate Profession in Nigeria. Home office is choosen among different parts of land calling, on the grounds that different parts of the calling needs permitting before one can rehearse, essentially an eatate operator needn't bother with proficient capabilities to rehearse. Likewise the exercises of the quacks influence more individuals at the lower rung of social and financial stepping stool. Nonetheless, time limitation doesn't consider the inclusion of the whole country.For this explanation, the extent of this examination is con fined to Lagos Island, since it is known to be a business region and it plays host to the principle government structures, shops and workplaces. Lagos Island contains a focal business region and this region is portrayed by elevated structures where all kind of exercises happen, generally business and budgetary organizations are executed and furthermore where various experts are based, and furthermore in light of the fact that it is immense and has a ton of domain firms inside the zone. 1. 6. Study Area Lagos Is

Pacific Coast Migration Model Into the Americas

Pacific Coast Migration Model Into the Americas The Pacific Coast Migration Model is a hypothesis concerning the first colonization of the Americas that recommends that individuals entering the mainlands followed the Pacific coastline, tracker gatherer-fishers going in vessels or along the shoreline and remaining alive principally on marine assets. The PCM model was first considered in detail by Knut Fladmark, in a 1979 article in American Antiquity which was just astonishing for now is the right time. Fladmark contended against the Ice Free Corridor theory, which proposes individuals entered North America through a tight opening between two chilly ice sheets. The Ice Free Corridor was probably going to have been blocked, contended Fladmark, and if the passage was open by any means, it would have been disagreeable to live and go in. Fladmark proposed rather that a progressively reasonable condition for human occupation and travel would have been conceivable along the Pacific coast, starting along the edge of Beringia, and coming to the unglaciated shores of Oregon and California. Backing for the Pacific Coast Migration Model The fundamental hitch to the PCM model is the lack of archeological proof for a Pacific seaside relocation. The explanation behind that is reasonably straightforwardgiven an ascent in ocean levels of 50 meters (~165 feet) or more since the Last Glacial Maximum, the coastlines along which the first settlers may have shown up, and the destinations they may have left there, are out of present archeological reach. Be that as it may, a developing assortment of hereditary and archeological proof lends backing to this hypothesis. For instance, proof for nautical in the Pacific Rim area starts in more noteworthy Australia, which was colonized by individuals in watercraft in any event as quite a while in the past as 50,000 years. Sea foodways were rehearsed by the Incipient Jomon of the Ryukyu Islands and southern Japan by 15,500 cal BP. Shot focuses utilized by the Jomon were particularly tanged, some with spiked shoulders: comparative focuses are found all through the New World. At long last, it is accepted that the jug gourd was trained in Asia and brought into the New World, maybe by colonizing mariners. Peruse progressively about the JomonRead about jug gourd training Sanak Island: Redating Deglaciation of the Aleutians The most punctual archeological locales in the Americas, for example, Monte Verde and Quebrada Jaguay-are situated in South America and date to ~15,000 years prior. On the off chance that the Pacific coast hallway was just genuinely safe start around 15,000 years back, that recommends that a full-out run along the Pacific shoreline of the Americas needed to have happened for those locales to be involved so early. Be that as it may, new proof from the Aleutian Islands proposes the ocean coast hallway was opened in any event 2,000 years longer prior than recently accepted. In an August 2012 article in Quaternary Science Reviews, Misarti and associates report on dust and climatic information that give conditional proof supporting the PCM, from Sanak Island in the Aleutian Archipelago. Sanak Island is a little (23x9 kilometers, or ~15x6 miles) spot about the midpoint of the Aleutians stretching out off Alaska, topped by a solitary spring of gushing lava called Sanak Peak. The Aleutians would have been partthe most elevated partof the landmass researchers call Beringia, when ocean levels were 50 meters lower than they are today. Archeological examinations on Sanak have archived in excess of 120 locales dated inside the most recent 7,000 years-yet nothing prior. Misarti and partners set 22 residue center examples into the stores of three lakes on Sanak Island. Utilizing the nearness of dust from Artemisia (sagebrush), Ericaceae (heather), Cyperaceae (sedge), Salix (willow), and Poaceae (grasses), and straightforwardly attached to radiocarbon-dated profound lake residue as a marker of atmosphere, the scientists found that the island, and without a doubt its presently lowered beach front fields, was liberated from ice almost 17,000 cal BP. 2,000 years appears in any event an increasingly sensible period where to anticipate that individuals should move from Beringia southward to the Chilean coast, somewhere in the range of 2,000 years (and 10,000 miles) later. That is incidental proof, much the same as a trout in the milk. Sources Balter M. 2012. The Peopling of the Aleutians. Science 335:158-161. Erlandson JM, and Braje TJ. 2011. From Asia to the Americas by vessel? Paleogeography, paleoecology, and stemmed purposes of the northwest Pacific. Quaternary International 239(1-2):28-37. Fladmark, K. R. 1979 Routes: Alternate Migration Corridors for Early Man in North America. American Antiquity 44(1):55-69. Gruhn, Ruth 1994 The Pacific Coast course of beginning section: A diagram. In Method and Theory for Investigating the Peopling of the Americas. Robson Bonnichsen and D. G. Steele, eds. Pp. 249-256. Corvallis, Oregon: Oregon State University. Misarti N, Finney BP, Jordan JW, Maschner HDG, Addison JA, Shapley MD, Krumhardt An, and Beget JE. 2012. Early retreat of the Alaska Peninsula Glacier Complex and the suggestions for beach front movements of First Americans. Quaternary Science Reviews 48(0):1-6.

How to Build Your Company Vision

How to Build Your Company Vision You know that you have succeeded when you have achieved the goal or accomplished the purpose, that you have set out to achieve or accomplish from the beginning. All those hours, resources and efforts that you have spent on planning, researching, and subsequently implementing those plans are directed towards a fixed objective. You know, from the outset, that you want your business to become something. You have a vision in your mind what you want it to be in the future.But we are not talking about just any vision here. We are referring to your company’s, or your business’, vision. © Shutterstock.com | ArchjoeIn this article, I explore 1) the company vision, 2) how to build your company vision, and 3) case study: Disneys company vision.THE COMPANY VISIONA company vision, which comes in the form of a vision statement, is a clear declaration of what a company, business or organization wants to achieve or become in the future. It is not to be confused with the “mission statement”, which puts forth how the company, business, or organization intends to achieve a realization of that vision. The two are closely related, however, since the vision provides a plan for the future, while the mission statement is essentially an outline of the company’s purpose and operations.Why does a company have to have a vision?Simple. You cannot start planning if you do not know where you are going or you do not know what you want to become in the future. You cannot map out directions if you do not have a destination in sight.You cannot start strategic business planning if you a re cannot envision where your business wants to be.You can liken your company vision to your business’ destination. Unfortunately, it is a fact that not all employees are fully aware of where their organization is heading, and having a vision will rectify that problem. All levels of the organization will be kept in the loop, so to speak, and this awareness will give them focus in carrying out their assigned tasks, duties and responsibilities.HOW TO BUILD YOUR COMPANY VISIONYou have probably come across several company visions through your readings. Some had a lot of impact while other seemed so-so. There are also those that you probably thought did not make a lot of sense. Some were well-written, others just didn’t make sense.Creating the company vision for a business takes a lot more than putting words together to form several sentences.Components of the Company VisionTo be effective, a company vision should have the following two major components:1.     Core ideologyWhat motiv ates the members of the organization to do their part in the operations of the business? What are the ideals that they are inspired to uphold as they go about in the performance of their functions? The answers to these questions make up the core ideology component of the company vision.An organization is defined by its core ideology; it serves as its identity. The leaders of the organization may change. The market and the industry it belongs to may evolve. There may be new technological and management breakthroughs that impact the business and the industry as a whole. Still, the identity of the business will remain the same, its core ideology still intact.The biggest names in business are in agreement when they say that it is important for the business to be self-aware. Before knowing where it is going, it must know itself first. After all, destinations may change, but the identity of the person or entity undertaking the journey will not.In a similar way, the core ideology also serv es as a guide for the organization. Through the course of business operations, it is the one thing that the organization will look back to in order to remind itself why it is even operating. Granted, the organization is expected (or hoped for) to grow, expand, and diversify as the years go by. As these changes are being wrought, the core ideology serves as the one constant thing that keeps the organization a cohesive unit.The core ideology is primarily for internal purposes. It has to hold meaning to the members within the organization, regardless of whether or not it has an impact to those outside the organization.A. Core valuesIf we are talking about the set of guiding principles that the business organization is following, we are referring to its core values. These are the essential and enduring tenets that the organization lives by.Who decides what the company’s core values are? It is the company itself. It is the company that is supposed to know itself best; therefore, it is also the company that is in the best position to decide what its core values are.Companies, even those that belong in the same industry or are engaged in the same line of business, are likely to have different core values. This happens. In fact, it is almost expected. This is because companies may have different opinions on what values are supposed to be core.Core values are unchanging. This is the primary feature that sets it apart from the business strategies and operating practices. Some even mistake cultural norms observed by the organization as its core values. Take note that norms, especially the cultural ones, are sensitive to change, while core values are not. Nordstrom, which was founded in 1901, listed “service to the customer above all else” and “hard work and individual productivity” as two of its core values. More than a century later, these core values still remain in the company’s core ideology.Note that an emphasis must be placed on the word “core”. If you ask a company to list its values, you will probably be presented with a very long list. Ask them to identify their core values, and the list is likely to be shortened to only a handful. Most companies, even the large ones, have an average of 5 core values. Again, just as there is no universal core value that applies to all businesses, there is also no set number of core values that must be present in all companies.Take, for example, the core values of Merck Co. and Novartis, two of the top pharmaceutical companies in the world.Merck Co. lists the following as its core values:Improving LifeEthics and IntegrityInnovationAccess to HealthDiversity and TeamworkNovartis, on the other hand, has the following:Passion, integrity, and courageCorporate responsibilitySocial and cultural diversityYou will immediately note that there are similarities and differences. But keep in mind that the absence of one item does not automatically mean that it is not one of the values of the business. I t simply means that it is not one of their core values.B. Core purposeAs the phrase implies, the core purpose states clearly why the organization exists.There is a general confusion between the business’ core purpose and its goal. The core purpose answers the WHY of the organization’s existence; the goal answers the WHAT FOR question.Many often interchange core ideology with the “core competencies” of the business. They are two different things; however, they are interconnected.Core ideology is the broader concept, encompassing core competencies that, for its part, define the capabilities of the business or where it excels in. In a manner of speaking, core competencies are part of or are rooted in the core ideology of the organization.2.     Envisioned futureUnlike core ideology, which is fixed or unchanging, the envisioned future is more flexible. It is what the business aspires to achieve or to become in the future. There is a finish line up ahead; what does the business p icture to be waiting at that finish line?Business often set a goal for a certain period, say, 10, 20, or 30 years. The goal has to be something big; maybe even unattainable, when you think about where your business is at the moment.Once the goal has been established, it should also have descriptions or scenarios of what it would be like for the business to achieve that goal. The descriptions have to be vivid and compelling so that members of the organization reading it cannot help but want to help in achieving those goals.Steps Of How to Create Your Company VisionStep 1: Set a time frameHow long is the time period within which you expect to achieve the goal that you have envisioned?There is no fixed time frame for this purpose, although most businesses â€" even startups â€" tend to think long-term. Normally, time frames are for 5 years and 10 years. Others even reach 20 and 30 years.Step 2: Write the first draftThis is deemed by many to be the most difficult part of creating a visio n statement: getting started.Come up with a BHAV, also known as a “big, hairy, audacious vision”. Adopt a “dream big” attitude. It has to be huge, it has to be something incredible, and it has to be something really bold. In fact, at first glance, it may even seem unattainable. That’s perfectly all right. It is what you envision, after all.When developing a BHAV, you have to be specific, clear and concise about it. Anyone who reads your BHAV should be able to grasp it at first look. Your objective is for your big, hairy and audacious vision to come across without any need for questions or clarifications.Have a future-oriented mindset. Pretend that it is already the future, and you are already at the end of the time frame that you have previously set. Here, you assume that have already achieved your company vision.Before putting pen to paper, consider the following details:The size of the organization;The organizational structure;The organization’s claim to fame, if any;Y our specific yardstick for measuring success;The kind of people needed by the organization, including their qualifications and skill sets;The attitude of the members of the organization towards their jobs, the company, and their working environment;What the organization will and will not do;The personal thoughts and feelings of the business owner or founder towards the business;The most important offerings of the organization to customers or clients;Public perception of your business.Step 3: Get feedbackThe best people to get the most relevant feedback from are those that will be implementing it: the members of the organization, from top management to the employees.Step 4: RewriteUnless you are a seasoned “company vision creator or writer”, you are bound to encounter a need to do rewrites.Step 5: Get feedback on the rewriteSteps 4 and 5 may be done repeatedly, until such time that you are satisfied with the vision you have created.Step 6: Share the visionThe final company vision must then be shared to those who are going to implement it, namely, the management and all the members of the organization.Note that there is no fixed length of a company vision statement. It could be as short as a single sentence, or it could be longer, composed of more than a few sentences. Here are the characteristics of a good vision statement:It must be brief and to the point. Being verbose will not really help in making the vision statement as impactful as you’d want it to be.It must be for the long-term.It must not be too specific, as this may be limiting, such that the vision will no longer be applicable 10, 20 years down the road. However, it must not be too generic, either.CASE STUDY: DISNEY’S COMPANY VISIONWhen it comes to entertainment brands, one of the most recognizable â€" if not THE MOST recognizable â€" brands in the world is Disney. Founded in 1923 by Walter Elias Disney, The Walt Disney Company was initially known as the Disney Brothers Cartoon Studio, focusi ng on animation projects. Over the decades, it has diversified its operations and has branched out into live-action film and television production, music and radio, publishing, online media, as well as theme parks and resorts. Today, this multinational company is said to be the second largest broadcasting and cable company globally.Disney lumped its vision and mission in a couple of sentences:“The mission of The Walt Disney Company is to be one of the world’s leading producers and providers of entertainment and information. Using our portfolio of brands to differentiate our content, services and consumer products, we seek to develop the most creative, innovative and profitable entertainment experiences and related products in the world.”Disney’s Core IdeologyDisney’s core purpose, or its “reason for being”, is to make people happy or “to bring happiness to millions”. This is primarily through reigniting or rekindling the magical wonderment that can only be experien ced during childhood. Mention Disney, and the phrase “magical experience” is not too far behind.The core purpose of the company beyond just making money is very apparent. From the statement above, it is also easy to come up with the “creativity + innovation = profit” equation. Clearly, the statement still applies today.The core purpose â€" to make people happy â€" is well-crafted because it is specific, but not too limiting. What if Disney stated its core purpose as “to create cartoons or animated shows”? There will certainly be a gaping hole in the vision statement as the company diversified and branched out into other fields.Walt Disney listed the following as its core values, and they are all in support of the company’s core value.No cynicism;Nurturing and promulgation of wholesome American values;Creativity, dreams, and imagination;Fanatical attention to consistency and detail;Preservation and control of the Disney “magic”.The envisioned future component was su mmed up in the first sentence:to be one of the world’s leading producers and providers of entertainment and information.The second statement states the HOW of the first statement, so it works more as a mission statement.It is noticeable how the statement did not explicitly mention a time frame. This is actually a good move on the part of the creator of the company vision, since it did not box the company into a strict timeline. The statement is also encompassing, covering all operations of Disney, which is one of the most diversified companies around. It applies to all Disney’s businesses, which include Media Networks, Parks and Resorts, Studio Entertainment, Disney Consumer Products, and Disney Interactive.Did Disney achieve that vision?Certainly, it has, since it is now “one of the world’s leading producers and providers of entertainment and information”. But achieving the vision does not mean that it now has to stop and rest easy, since competition in the industry that Disney belongs to is very tough. For Disney, it is a continuous battle to ensure that the vision they have achieved remains to be true.The public and the business community are more inclined to take a company seriously if it has a clear and very good company vision. With the right mix and balance of objectivity, creativity, passion, and familiarity with the business, you will definitely have no trouble creating a good company vision.