Bestate Investment, a leading name in the Nigerian real estate industry, proudly celebrates its two-year anniversary. Established in 2021 by visionary entrepreneur Awele Emmanuel Onwuegbuzie, Bestate Investment has swiftly become a trusted real estate brokerage, serving clients looking to buy or sell properties within Nigeria and in the diaspora.

The journey of Bestate over the past two years has been remarkable. Onwuegbuzie shares, “Our beginnings were humble, but our aspirations were grand. Today, we stand as a testament to ambition, dedication, and hard work.” From its modest start, the company has grown into a thriving brokerage with a robust team of in-house sales executives and a network of over one hundred sales partners.

This commitment is demonstrated through a ‘quality over quantity’ approach to property listings, with the crucial task of thorough property verification entrusted to a team of diligent consultants, including a property lawyer and a surveyor. This meticulous process significantly reduces the risk of clients falling victim to property scams, a pervasive issue in the industry.

As the company commemorates its second year of operation, it proudly reports a significant achievement, having achieved over N1 billion in sales figures. This outstanding success is a testament to the brand’s dedication and professionalism.

Notably, Bestate’s client base has grown to include more than 70 satisfied customers in over 15 countries, showcasing the company’s capacity to serve clients with diverse real estate needs, not only within Nigeria but across borders. The company’s commitment to excellence has been further recognized through multiple sales awards received from top developers, including Veritasi Homes, Evermark Properties Limited, Ownland Limited, among others.

Bestate Investment’s success in a highly competitive market can be attributed to its innovative strategies and commitment to client education. Through webinars and informative content, the company has empowered thousands of people with the knowledge and insights they need to make informed real estate investments, setting the brokerage apart as a trusted advisor in the industry.

The real estate industry in Nigeria, like many others, faces significant challenges. For Bestate Investment, one of the most daunting hurdles has been the widespread lack of trust among clients. Onwuegbuzie explains, “Low trust in the industry persists due to the prevalence of fraudulent practices. Many companies engage in deceptive practices, such as building properties without delivering them or selling houses and lands without providing essential documentation.”

In response to these challenges, Bestate has taken proactive measures to rebuild trust in the industry by implementing a rigorous documentation process, ensuring that every property recommended to clients undergoes thorough vetting. This commitment to transparency and integrity has earned the trust and confidence of countless clients.

As Bestate Investment marks its two-year milestone, the company has ambitious plans for the future. While its first two years have been focused on Lagos, the brokerage is now poised for expansion into new territories, including Abuja, Ibadan and Ogun state. Moreover, Bestate has its sights set on international markets, including Dubai, the United States, and the United Kingdom, with the aim of facilitating Nigerian investments in these global real estate destinations.

In addition to geographical expansion, Bestate Investment is committed to enhancing the property viewing experience for clients, irrespective of their location. The brokerage plans to leverage augmented reality and virtual reality technologies, offering clients immersive property experiences. With innovations like Oculus Rift and virtual reality glasses, clients will soon have the ability to explore properties as if they were physically present, revolutionizing the property viewing process.

Bestate Investment is also exploring the integration of AI technologies, including chatbots, to assist clients in finding their ideal properties. These AI-driven tools will take into account client preferences, investment goals, and budget constraints to provide tailored property recommendations.

Looking ahead, Onwuegbuzie envisions significant changes in the real estate industry. “We anticipate a growing preference for affordable housing and enhanced property financing solutions such as mortgages and rent-to-own schemes,” he predicts. Given the country’s unstable economy and rising property prices, there is an urgent need for accessible financing options to drive real estate growth. To address this need, Bestate Investment is positioning itself as a provider of properties with faultless documentation that can be readily approved by financial institutions, facilitating smoother and more accessible property financing.