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Lagos Plans Clampdown on Unregistered Estate Agents


The Lagos State Government is taking steps to crack down on unregistered estate agents. This move comes amid concerns about the dangers of using unregistered agents in the real estate industry.

The Lagos State Real Estate Regulatory Authority (LASRERA) was established to ensure that real estate agents are properly registered and qualified. The agency advises residents to be cautious when choosing an agent and to only use those who are licensed by LASRERA.

The dangers of using unregistered estate agents include the risk of fraud, encountering unqualified agents, and difficulty resolving disputes. LASRERA is working to regulate the real estate industry and protect consumers from these risks.

In addition to clamping down on unregistered agents, LASRERA has also been involved in the construction of various housing schemes in Lagos State. This suggests that the agency is not only focused on regulation but also on promoting the development of the real estate sector in the state.

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