Real estate consultant commends Lagos state for launching channels for house seekers to report exploitation, as agents deny exploitation

• The Lagos authorities authorities has received commendation for capping cause fees astatine 10% and opening reporting channels to enforce the law
• A existent property advisor who spoke to Legit.ng insisted that it had been done successful the past, and tin beryllium done successfully again
• Meanwhile, Housing agents successful Lagos authorities person denied exploiting house-seekers and importune that impostors are carrying retired the unlawful acts

Legit.ng journalist Ruth Okwumbu-Imafidon has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.

As portion of the steps to reconstruct sanity to the lodging assemblage successful Lagos State, the authorities precocious launched online and offline reporting channels.

The authorities urged the residents to report, among different things, lodging agents who complaint supra 10% for cause fees, spot owners who impose arbitrary charges, and different forms of exploitation.

The inaugural has received wide acclaim from Lagos residents, though fewer person expressed concerns implicit the effectiveness and implementation.

The Lagos authorities authorities is besides looking to instrumentality a monthly and quarterly rent outgo strategy successful the state. Photo credit: Ark properties/LASG
Source: UGC

Some Lagosians person shared their feedback via Legit.ng Facebook platform, urging the authorities to prosecute the constabulary unit and different instrumentality enforcement bodies successful the plan.

Real property advisor throws value down LASG

A Lagos-based existent property consultant, Mr. Adewole Delalu, has commended the Lagos authorities government’s determination to open reporting channels to way defaulters.

He disclosed that the determination to headdress bureau fees astatine 10% was archetypal initiated and implemented during the medication of erstwhile Governor Babatunde Fashola, but fizzled retired erstwhile the tenure ended.

“I inactive instrumentality to the 10%. During Fashola, the 10% was truly effective. When helium near the position, everything changed and each turned upside down,” Delalu told Legit.ng.

Adewole, of Adewole Estate Manager, told Legit.ng that the argumentation can enactment again if enforcement mechanisms are strengthened, and stakeholders collaborate.

He said;

“If we person beardown reporting channels who tin travel unneurotic arsenic 1 and combat this on with clients trying to get apartments, 1 day, it volition beryllium sorted out.“Landlords/landladies should besides effort arsenic overmuch arsenic imaginable to cheque connected their tenants to cognize their well-being, and if the location rent wasn’t accrued arsenic fixed.”

Recall that a tenant precocious dragged her landlord online for increasing the yearly rent from N750,000 to N1.4 cardinal without owed notice.

Delalu besides revealed that connected respective occasions, these acts are often perpetrated by unqualified individuals posing arsenic lodging agents.

He urged the registered agents radical to instrumentality steps to forestall the miscreants from soiling the sanction of their profession.

Agents contradict exploiting location seekers

Legit.ng earlier reported that the lodging agents denied exploiting location seekers, attributing the unlawful acts to impostors posing arsenic agents.

The SA to the Governor connected Housing, Barrister Barakat, Odunuga-Bakare, disclosed that the authorities had already engaged the existent property agents' association.

The radical insisted that its registered members are not progressive successful specified practices. It said that this was the handwork of unregistered individuals parading themselves arsenic agents without decently identifying with the nonrecreational assemblage oregon acquainting themselves with the laws.

Lagos authorities caps cause fees astatine 10%

Legit.ng reported that the Lagos authorities authorities stressed that it volition nary longer tolerate existent property agents charging much than the 10% legally permitted nether the LASRERA law.

The Lagos authorities authorities is implementing respective existent property reforms. Photo credit: Pius Utomi Ekpei/Contributor
Source: Getty Images

This follows a akin determination from the Enugu state authorities to headdress cause fees astatine 10%, and penalise defaulters with up to 6 months imprisonment.

The authorities has besides unveiled plans to accelerate the implementation of a monthly and quarterly rent outgo strategy successful Lagos State.

Lagosians respond arsenic authorities opens reporting channels

In related news, Lagosians person welcomed the government's determination to motorboat online and offline reporting channels.

They lamented the outrageous fees charged by lodging agents successful Lagos State and suggested that the argumentation beryllium extended beyond residential to see commercialized properties.

As portion of the reactions, 1 landlord besides urged the authorities to rotation retired a argumentation that volition besides support the landlords from wicked tenants.

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Source: Legit.ng