Survey data on factors affecting negotiation of professional fees between Estate Valuers and their clients when the mortgage is financed by bank loan: A case study of mortgage valuations in Ikeja, Lagos State, Nigeria

Data Brief. 2017 May 1:12:447-452. doi: 10.1016/j.dib.2017.04.047. eCollection 2017 Jun.

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.

Keywords: Bank loan; Clients; Estate Valuers; Ikeja; Mortgage valuation; Nigeria; Questionnaire.