Abstract
In this article, two sets of questionnaires were administered to professionals and clients (commercial banks) on their willingness to negotiate the professional fees charged by the Estate Valuers assuming that the mortgage in valuation was financed by bank loan. A range of fees options were provided. Other factors such as the business environment and mortgage valuation can influence the negotiated fees when the data obtained from the survey data is analyzed.
Highlights
Two sets of questionnaires were administered to professionals and clients on their willingness to negotiate the professional fees charged by the Estate Valuers assuming that the mortgage in valuation was financed by bank loan
The data is a set of responses obtained from the administration of two different sets of questionnaires to Estate Valuers that deal in property valuation and their clients within the Ikeja axis of Lagos State, Nigeria
The questionnaires were designed to solicit information on how much the professionals are willing to accept from their clients and how much the clients are willing to pay assuming the property was financed through bank loan
Summary
Two sets of questionnaires were administered to professionals and clients (commercial banks) on their willingness to negotiate the professional fees charged by the Estate Valuers assuming that the mortgage in valuation was financed by bank loan. Other factors such as the business environment and mortgage valuation can influence the negotiated fees when the data obtained from the survey data is analyzed. Raw Simple random sampling of Estate Valuers and their clients in Ikeja, Nigeria
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