LASRERA’s Goal Is To Get Rid Of Bad Agents

The Special Adviser to the Lagos Governor on Housing, Mrs Toke Benson-Awoyinka, has appealed to practitioners in the real estate sector and the general public to support the state government to eliminate unethical practices in the real estate industry.

Toke-Benson, in a statement urged real estate professionals to stop the activities of dubious agents and ensure they are dealt with in accordance with the state law.

Speaking during the Alphacrux Real Estate Outlook Conference, held virtually on Thursday 25th February 2021 on the relationship between LASRERA and the regulatory bodies in the real estate business, Benson-Awoyinka said,

“LASRERA was not established to assume the position of the existing professional regulatory bodies for real estate practitioners, rather, the agency should be able to work together with existing regulatory bodies to sanitise the sector together.”

Mrs Toke Benson-Awoyinka went on further to say that LASRERA had come into existence as a response to perceived and reported cases of fraudulent practices in the real estate sector.

She reminded all that, constitutionally the government exists for the purpose of protecting lives and property and that it would have been insensitive on the part of government to have ignored thousands of Lagosians who have at one time or the other fell culprit of these fraudulent practices she added.

The Special Adviser who spoke as a special guest maintained that if integrity was restored to the real estate profession, more international investments would be attracted to the country which would be beneficial to many individuals, the State and Nigeria as a whole.

Mrs Toke Benson-Awoyinka futher cited the different initiatives that LASRERA was taking to clean up the market and expressed the hope that reported cases of fraudulent practices will be curtailed and genuine Practitioners will be able to render good services to the public seeking for real estate properties within the State

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