A leading property firm in Nigeria, Lexshield Property Ltd has lauded the efforts of the Lagos State Government targeted at protecting the investment of investors and curbing real estate fraud.
Managing Director, Lexshield Properties Limited, Adedayo Ajayi, says investors are no longer vulnerable as they engage due diligence before buying any property.
He stated this at the official signing of Brand Ambassador and Realtors Incentive Awards in Lagos.
He noted that before people didn't see the property they want to buy, but now they verify the lands and firm before taking any investment decision.
He added that the accreditation process from governing bodies have been helpful in reducing fraudulent activities.
"Accreditation processes are now stricter. Lagos State has associations that help regulate the sector and masses are equipped with better information now. People now also involve their lawyers in the business transaction," he said.
According to Ajayi, social media is also platform to checkmate activities as people can bring any misappropriation and mistreatment online.
He explained that the Awards was an effort to appreciate staff and people that have believed in the vision. Nollywood actress, Wunmi Toriola was also unveiled as the brand ambassador of LexShield Propety Ltd.
He explained that a way the firm differentiates itself is by keeping to its Project timing, which they also use to mark their activities.
He said they have had to fight for relevance as the sector is a tough one.
He added that they started with just one estate and now have more than 100 acres in it and multi other estates.
L-R: President G Factor Realtor Group, Joyce Uba; Nollywood Actress/Brand Ambassador LexShield Property Ltd.,Wumi Toriola; President Platinum cape Realtor Group PCRG, Vivian Okiche, and Chairman/CEO, LexShield Property Ltd, Barrister Dayo Ajayi during the unveiling of the LexShield Property Ltd Brand Ambassador and prize presentation held at Four Four Point by Sheraton hotel in Lagos, yesterday.
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