They are rogues

pocohantas:
Must we go through agents to rent/buy properties?

The ones in Lagos collect 10% of the rent. I have even heard of some that negotiated their charges and it was above 10%. Some of them inflate the cost of the property. Some rent one apartment out to multiple people. They charge inspection fees and the annoying part is that they sometimes end up taking you to an abysmal or totally different property.

Are there landlords here that rent out their properties without using agents? How has it been?

You must be joking....10? More dan

Please o. I'm looking for a self con to stay at yaba, anybody needs room mates should lemme know biko.

Hmmmm

I am a landlord and if we landlords share our experiences on how tenants frustrate us everyday and if atall it worth giving house up for rent in nigeria where you get lowest Return on investment

This is what happens in a lawless nation...

Housing Agencies are supposed to be licensed and registered with rates approved by law. How did we allow this daylight robbery and extortion become a norm...

So many things to fix in this nation! Haba!!!

Agents in Lagos are lenient to some reasonable extent, ibadan agents are worse, those guys are crooks and theives

Spot on! Pathetic bunch of greedy scums!

pocohantas:
Must we go through agents to rent/buy properties?

The ones in Lagos collect 10% of the rent. I have even heard of some that negotiated their charges and it was above 10%. Some of them inflate the cost of the property. Some rent one apartment out to multiple people. They charge inspection fees and the annoying part is that they sometimes end up taking you to an abysmal or totally different property.

Are there landlords here that rent out their properties without using agents? How has it been?

Sometimes the landlords work with agents to help them look for tenants since they're the ones on the field. Unless through a tenant you know personal whose living in the building, it's almost impossible to get an accommodation in Lagos without the help of an agent.

They are criminals, I got a house early this year for 200k and agency and comission was 100k

Sad

justiniyke29:
They are criminals, I got a house early this year for 200k and agency and comission was 100k

50 percent of the actual annual rate. That's massive extortion at its peak.

@POCO, I MUST SAY THAT YOUR WRITEUPS COME OUT GOOD. YOU PUT IN QUALITY TIME INTO IT. KEEP IT UP.

BACK TO THE TOPIC...

THE ROT IS NOT PECULIAR ONLY TO LAGOS. IT IS THE SAME IN THE TOP 3 NIGERIAN CITIES.

It's even worse. It's everywhere though but Lagos own tie wrapper and gele.

It's simple economics - supply and demand.
Too many people trying to live in Lagos. Let them move back to their States. My State is too crowded.

Okearo is better!
No agent wahala, but be ready to swim inside mud 24/7

Bad eggs are everywhere.
The massive number of bad agents makes it looks as if all agents are bad.

That's the more reason while you should plan on buying your own land/house.
You can't be a tenant forever.... Contact us for genuine lands/houses within estates.

Why Lagos houses are expensive ?
Agent and agreement fee...
For example renting a 3bedroom flat you pay #50k for agent and 50k for agreement and then 20k for damages some even take 50/50/50...

justiniyke29:
They are criminals, I got a house early this year for 200k and agency and comission was 100k

You even see am cheap oh. Which area be that, and which type of house. Shey na face me I slap you, or self contain?

The ones wey I dey see for Jiji na die oh!

Stop renting...
Think of buying a land to build or buy a house through various installmental packages that won't put a hole in your pocket.

Contact us for genuine lands/houses within gated estates in Lagos/ogun etc...

bukhety:

Sometimes the agent and agreement fee is more than the main house fee. A friend of mine once saw a boy's quarter that is 5k per month, making 60k per year and agent and commission fee is 70k, this was about 3 years ago o! I can only imagine now. It is well!

Na the same Lagos all of us dey.
Those fees are always a percentage of the total rent.
You know you are lying.
Continue.

Only in lagos... Check attached picture

Lagosfinder:
Bad agents are making it look like all agents are bad

Don’t say that again. All Lagos property agents are criminals. They are so rude And dubious. They are only after your money.

Living in a metropolis has its cost.... You guys just have to bear with it. Na where person dey make money e dey spend am

justiniyke29:
They are criminals, I got a house early this year for 200k and agency and comission was 100k

A friend of mine got one for 150k & agency and commission was also 100k..those guys dey cash out gaan

Shellsploit:
Okearo is better!
No agent wahala, but be ready to swim inside mud 24/7

Lol..no be lie

Bad tenants gave good tenants a bad name. The money, the sweat, the frustrations it takes to build and maintain a house no be joke, now add tenants who would wait 6 months or even a year or more to pay or not pay at all, the result is landlords not caring about your situation, the agents are the marketers, you can't reach heaven's(landlord) gate without them.

I'm afraid the situation will only get worse because the country has gone to shitz, I'm increasing rent by 20% this year just to keep up with inflation, you can thank Buhari and his goons!

davillian:
Why Lagos houses are expensive ?
Agent and agreement fee...
For example renting a 3bedroom flat you pay #50k for agent and 50k for agreement and then 20k for damages some even take 50/50/50...

No agent in Lagos will collect 100k for both agreement and commission for a 3bedroom apartment, it’s more than that ..

Ok

I can help you out from your misery.
I work with sales craft limited - a real estate company and our properties are very affordable.

We have property's all around Lagos. To cut the story short, you cannot be a tenant forever; especially in this hard economy.

This is my number: 09080366038
Call me if you are interested.

pocohantas:
By Ope Adetayo



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