Some real estate pipu for Lagos don raise alarm say LASRERA (Lagos State Real Estate Regulatory Authority) don dey charge fee wey fit make person sell land wey e never buy. Dem talk say the amount wey dem suppose pay to register with LASRERA na something like wetin dem go use rent duplex for Banana Island.
According to the stakeholders, this kain yeye high fee no make sense at all. “Why I go pay heavy money just to register, when na hustle I dey hustle?” one aggrieved estate agent talk. E say the wahala dey too much and e fit discourage small players from entering the business.
As the gbas gbos dey go, dem talk say this kain move fit only benefit the big boys wey don dey chop fat-fats for the industry. But as for the upcoming agents, dem go need to go collect loan from mama put before dem fit register.
Double Wahala for Real Estate – Na LASRERA vs Professional Bodies Now
Another kasala wey don burst be say stakeholders dey accuse LASRERA say dem wan create dual regulation – meaning say dem dey form their own law on top another law wey real estate professionals don already dey follow. Wahala be like bicycle!
wey sabi the real estate matter well-well don talk say this LASRERA move go dey confuse the whole industry. “We already get professional bodies like NIESV and REDAN. Now LASRERA wan come add extra layer? That one na recipe for gbege,” one real estate consultant yarn.
Dem even talk say this kain overlapping regulation go make it hard to know who dey in charge. Today na LASRERA, tomorrow na one association. Before you know, person go pay ten different fees to ten different people. Na real estate or real stress?
Government Regulation or Money Making Machine
Some stakeholders don dey reason say this LASRERA of a thing dey look more like cash-out strategy than proper regulation. “If dem say na to protect consumers and clean up the industry, why e come be say na money dey front of the matter?” one angry agent reason.
Dem talk say dem no against regulation at all, but the way LASRERA dey go about am, e be like say dem just wan use power oppress people. “Government suppose dey help business grow, no be to suffocate dem with money demand,” another stakeholder para.
Dem even beg Lagos State Government make dem look into the matter sharp-sharp, before dem use LASRERA take scatter wetin pipu don dey build for years. Because if registration wahala continue like this, many go park their briefcase and go start POS business.
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