An Evaluation of Impact of Information and Communication Technology on Real Estate Management in Nigeria

Abstract:

The performance of property management is not as efficient in Nigeria as it could be. One of the most important reasons for this is the absence of computerized information system in many Nigerian Estate management firms. The computerized property management can be defined as a system for capturing, storing, checking, integrating, manipulating, analysis and displaying land and landed property related data. The uses of computers will involve collection and storage of property particulars, construction cost data, rental value data, service charge accounts and others data. Estate surveyors are faced with a number of software for real property management applications. Among these choices are; data base, word processing and spreadsheet. The potential benefits that can be derived from the use of information and communication technology in property management include; higher productivity, improved utilization of other activities and reduction in overall costs.