HOW TO IDENTIFY GENUINE REAL ESTATE COMPANIES IN LAGOS STATE

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Identifying genuine real estate companies in Lagos can be a challenge, but there are several steps that can be taken to ensure that a company is legitimate:

  1. Check the Company’s Website: A genuine real estate company will have a professional and well-maintained website that includes information about the company’s history, services, and properties.

  2. Research the Company’s Reputation: Check online reviews, such as those on Google or social media platforms, to see what others have to say about the company. Contact the Lagos State Real Estate Regulatory Authority (LASRERA) to verify the company’s license.
  3. Verify Licensing and Accreditation: Check to see if the company is licensed and accredited by LASRERA or another relevant regulatory body.
  4. Ask for Referrals: Ask friends, family, or real estate professionals for recommendations on reputable real estate companies in Lagos.
  5. Evaluate the Company’s Communication: A genuine real estate company will be professional and responsive to your inquiries, answering questions and providing clear and accurate information.
  6. Inspect the Properties: Schedule a visit to inspect the properties that the company offers. Check to see if the properties are well-maintained and if the company’s representatives are knowledgeable about the properties.

By following these steps, you can increase the likelihood of identifying a genuine real estate company in Lagos and avoid falling victim to scams or fraudulent companies. It is always advisable to seek legal advice from a real estate lawyer to ensure that the transaction is legally sound and that your rights are protected.

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