QUESTIONS: The profession of estate surveyor and valuer seen not to be popular
either in the public or private sector despite it’s almost 50yrs. If you are
elected into co-operate membership of NIESV, what steps can you take to make
the profession popular? Give tips on how to raise the profile of members of the professional.
ABSTRACT
Nigeria
Institution of Estate Surveyors and Valuers has been in existence for decades which is made up of professionals who have obtained degrees in universities and other
higher institutions offering the course that qualifies one to be in such
caliber. Though with its several years
of existence do not enjoy much popularity in the sight of the public. Therefore this write up seeks to find the likely
problems which created this ugly trends and tries to find solution to the
problems in order to raise the profile of members of the Nigeria Institute of
Estate Surveyor and Valuer.
1.0 INTRODUCTION
The Nigerian
Institution of Estate Surveyors and Valuer (NIESV) was founded in 1969 by a
handful of Chartered General practice Surveyors who were trained mainly in the
United Kingdom. The institution was granted official government recognition by the Estate Surveyors
and Valuers Decree No. 24of 1975.
Furthermore,
the Estate Surveyor and Valuers Registration Board of Nigeria (ESVARBON)
established by the Decree was a milestone as it sets up the necessary official
machinery for the regulations of the profession of Estate Surveying and valuation in the country.
The profession
is been faced with diverse challenges and confrontations because every
profession has its own challenges as well which makes the profession and its members unpopular. Therefore, this body of work is to critically examine the challenges of
the Board and the Institution, analyze the problems and proffer a solution to
them and possible ways of
raising the profile of its members.
2.0 LITERATURE REVIEW
This is the
body recognized by
the Federal Republic of Nigeria through the constitution. The institution was
granted official government recognition by the Estate Surveyors and Valuers
Decree No. 24of 1975.The Nigerian Institution of Estate Surveyors and Valuers
(NIESV) was founded
in 1969 by a handful of Chartered General practice Surveyors who were trained
mainly in the United Kingdom.
As a
practitioner of Estate Management and Valuer profession and being elected into
co-operate membership of NIESV identifying the various challenges facing the profession and proffering
suggestion and recommendations to ways of remedying the identified challenges
will go a very way to raise the profile of members of the profession.
2.1 PROBLEMS FACING NIGERIA INSTITUTE OF ESTATE SURVEYOR AND
VALUER (NIESV)
Nigeria Institute of Estate Surveyor and Valuers as a professional bodies face a
lot of challenges which tries to put the image
of the profession in
jeopardize. Problems like that are outlined
below:
1. Poor Income: The low income earned by estate surveying
practioners in
Nigeria has great
negative impact on the moral of the Valuers. The salaries including allowances earned by fresh
graduates working in private firms in nothing to write home about considering the high cost
of living in Nigeria
towns and cities. The
consequence is lack to dedication to duties and willingness to pull out of
employment immediately after registration with the NIESV.
2. Bad Leadership
of the NIESV: Leadership is another greatest challenge facing the
Institution and
Board. The objective
of good leadership are not adhered to in the
profession, hence they are not living by examples for the fellow members of the
profession hence adversely affecting the image of the profession.
3. Lack of Enforcement of Laws: Other major
challenges facing estate surveying included lack of enforcement of the
legislation governing it, little recognition and awareness by members of the
public, low professionalism on the part of practicing members and invasion of
the industry by unlicensed and non-professionals that is many predators encroaching on the
profession.
4. Poor Educational background of Members: There are also
the educational challenges facing the profession of estate management in
contemporary Nigeria. Training of future estate surveyors and valuers, and re-training of
practicing ones have been very challenging. There is evidence that the
syllabuses adopted by some of the higher institutions offering estate
management are outdated and the standard of the graduates is questionable. Considering the current
state of academic and professional real estate research and feedback from the
practitioners, it is evident that there is a very wide gully between the
academic and practitioners.
5. Another
challenge facing NIESV and ESVARBON is that members abandoned their ethical duties and
responsibilities in their quest to be rich.
3.0 CONCLUSION AND RECOMMENDATION
3.1 CONCLUSION
In the light of
the prevailing challenges hindering the popularity and growth of the NIESV in Nigeria and among its populace, there is need for players
to scale up operations in order to reposition the body, and the quickest route to
achieving this is the formation of medium sized and large partnerships with 10
to 30 partners in a firm. A workable model is the coming together of a number of small and medium sized
firms partnering to form larger ones with the purpose of exploiting the growth
opportunities in the real estate industry. Some of the strategies that estate
surveyors and valuers may adopt to increase income and maximize the opportunities created by
shifting market conditions are: maximizing technology and the internet to the
fullest – this will include marketing on the internet and concerted effort to
direct traffic to the websites; participating in or building a team – forming a formidable team through partnership, training and
retraining of members and finally ensuring the registration of graduates in the
professional body to curb the activitities of quacks.
3.2 RECOMMENDATIONS
The followings are recommended to raise the profile of the members of
NIESV:
i.
The professional body should establish a high and reputable standard of professional conduct and
practice in landed profession throughout Nigeria.
ii.
They should secure and improve the technical knowledge of its member and
facilitating the acquisition of such knowledge.
iii.
They should promote the general interest of the profession and maintain and extend its usefulness for the public good.
iv.
They should initiate and consider any legislation relevant to the objectives of the
institution.
v.
Acquaint the public with the role of the Estate
Surveyor and Valuer in the economic development on Nigeria.
vi.
They should engage in any other lawful activities this may be conducive to the
promotion of any or all the objectives of the institution mentioned above for profit or
non-profit purpose.
REFERENCES
Estate Surveyor and Valuers Registration Board of
Nigeria Act 1975.
Kunle Onifade & Sunday
Olayide (2007); Professional Practice of Estate Management in Nigeria. Ado – Ekiti, Adetayo Printing (Nig)
Ltd.
Longman Dictionary of Contemporary English
Olusegun G.K (2008), Estate
Office Practice in Nigeria Lagos, Climax Communication Ltd.
Nigeria Institution of Estate Surveyors and Valuers
Constitution.
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