ABOUT REAL ESTATE VALUE AGGREGATION AND MAXIMIZATION PROGRAMME (REVAAMP)
Real Estate Value Aggregation and Maximization Programme (REVAAMP) is an innovative solution for real estate financing, wealth redistribution and promotion of general public awareness conceptualized and designed by a seasoned investment lawyer with more than two decades of experience in real estate law and investment. In addition to promoting the buying and selling of properties through its REVAAMP AGENCY SCHEME, the programme is designed to achieve the following objectives:
- To create greater awareness for the National Housing Fund
- To enlarge the number of contributors and beneficiaries to the National Housing Fund,
- To create a level playing ground for all adult Nigerians to participate in Real Estate business.
- To provide a platform for wealth redistribution,
- To provide end to end solutions for all types of transactions within the real estate value chain,
- To provide a platform for the promotion of basic legal education and general public awareness.
It is our belief that the acquisition of Basic Legal and civic education by citizens would be the basis for economic and social development which in turn creates conditions that are conducive for improved social justice, increased trade and investments which invariably would lead to the economic empowerment of the citizens, and ultimately will give rise to a peaceful and more secured country.
By virtue of a license acquired from the intellectual property owner/licensor, the programme is being promoted and managed by Revacom (Real Estate Value Aggregation Company) Limited in collaboration with other members of the Revacom Consortium.
In addition to the following stakeholders of the value chain, Revaamp land owner, Revaamp off-takers, Revaamp value partners, Revaamp construction partners, Revaamp project managers, Revaamp valuers, Revaamp developers, Revaamp architects, Revaamp solicitors, Revaamp facility managers and Revaamp suppliers , Revaamp Agents earn income from participating in bids for contracts on the REVAAMP bid management platform. Upon selection of successful bids, participating Agents are expected to finance the contracts within a specified time frame.
As compensation for the access to economic empowerment granted to them, Revaamp Awareness Agents, with the aid of learning materials developed by the programme partners are required to act as awareness volunteers and change Agents by organizing seminars and town hall meetings within their given communities to create general public awareness on the following areas: Basic Legal Education, Civic Education, Voters Education, Financial Literacy and general public education. They also engage in other volunteering services such as agricultural extension, tree planting, road maintenance, maintenance of common community assets, etc.
DIFFERENT SCHEMES AVAILABLE UNDER THE PROGRAMME
- REVAAMP STUDENTS HOUSING SCHEME
- REVAAMP LAWCENTRE SCHEME
- REVAAMP AGENCY SCHEME
- REVAAMP AFFORDABLE HOUSING SCHEME
- REVAAMP PREMIUM OFFTAKE SCHEME