Lagos advises residents against patronising unregistered estate agents

There are many unscrupulous estate agents in Lagos.
The Lagos State Government on Thursday urged residents to desist from patronising unregistered estate agents while looking for decent accommodation.
Jimoh Ajao, the Special Adviser on Housing to Governor Babatunde Fashola of Lagos State, told newsmen that such agents could run away with their money.
Mr. Ajao also urged residents to patronise only estate agents that registered with the Lagos State Real Estate Transaction Department (LASRETRAD). He advised agents and property service providers to register with the department in compliance with the stipulated laws.
The governor’s aide said that the agency was set up to check activities of unscrupulous estate agents who had bastardised the noble profession. He said that the major concern of the state government was the need to provide affordable housing for the increasing population.
“This informed the various strategic steps taken by the government to check activities of quacks in the real estate sector of the state,” he said.
Mr. Ajao said that the agency would enhance the state’s position as an investment destination and further create a sustainable climate for doing business.