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How Wayo Real Estate Companies Sell The Same Plots To Different People - Properties (2) - Nairaland

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Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by OlawaleBammie: 11:12am On Mar 27, 2023
Emphasis on the name.. WAYO

wayo na gbajue in Yoruba na grin

1 Like

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by GloriousGbola: 11:13am On Mar 27, 2023
he scam is to push marketers to tell you that there is a limited amount of plots available for sale by the real estate company and if you don’t buy these lands within a specific time, you would lose out or end up paying more when the deadline is up.

the moment you are being told to hurry - something is usually up

6 Likes

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by emekajacobogbon(m): 11:13am On Mar 27, 2023
I don't know why the spirit of greed has taken over all real estate agents I know

3 Likes

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by FireUpNow(m): 11:14am On Mar 27, 2023
Scammers aplenty in Nigeria
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by Skillsnigeria: 11:15am On Mar 27, 2023
Hmmm
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by Lookingback: 11:15am On Mar 27, 2023
Caleb15:
They even have a fuel station with that name at ughelli, delta state

Same in Asaba along the express,I don't buy fuel from there.

1 Like

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by erai30(m): 11:16am On Mar 27, 2023
This was how they sold the same plot of land for my uncle and 11 other people, the worst it was one of the buyers was a pastor and one was native doctor. Till today that land is till smelling rotten meat and the fiercest odour you can ever imagine. cool

2 Likes

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by ipasco: 11:16am On Mar 27, 2023
Ndleabilli:
Hello everyone, I recently relocated to Lagos and I'm actively seeking job opportunities as a HND holder in Metallurgical Engineering with completed NYSC and skills in website design, PHP programming, and graphics design. I am open to any work opportunities and Please contact me.




I have marked your face o.
We know when you enter Lagos, no be say tomorrow you will claim Lagos is no mans land.

9 Likes

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by juman(m): 11:18am On Mar 27, 2023
The scam thrives because of our bad system.
The judiciary is bad.
Getting justice is very difficult that's why those scammers behave as they like.

Shame on Nigerian judiciary.
Shame on all our judges
From CJN to the least magistrate judge.

5 Likes

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by Nobody: 11:18am On Mar 27, 2023
As the name implies, Wayo
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by Nnamaka1: 11:20am On Mar 27, 2023
lawyer:
Many Lagos Real Estate companies are neck-deep in this wayo practice of advertising a certain amount of land to the public only for them to over-subscribe those lands to more people than they originally own.

The scam is to push marketers to tell you that there is a limited amount of plots available for sale by the real estate company and if you don’t buy these lands within a specific time, you would lose out or end up paying more when the deadline is up.

Because you are naturally frightened that you would lose a good deal, you end up subscribing for the land and hoping for you to get allocation immediately but you could wait for months or years before you are given any land.

This trick is successful because the subscriber does not demand for the layout survey of the estate before he buys.

The layout survey must specify the following:

1. The size of the land the estate owns
2. The number of plots the estate has
3. The division of the land into various plots and blocks
4. The numbering of the plots and block

Once the estate is not willing to show you the layout, WAKA FAST!!!

If the Estate shows you the Layout, you must choose your own plot from the layout you intend to buy and agree with the estate that the land is available for sale.

The estate must also prepare a Letter of Offer stating that that particular plot and block will be sold to you once you make payment.

The letter of offer must state the exact time you would be allocated that specific plot of land.

The letter of offer must state the penalty or remedy if you are not allocated that plot of land within a reasonable period of time which should go beyond just a refund of your money.

Also ask them if you complete the payment, what is stopping you from taking possession of the land immediately before the deed of assignment and survey is ready.

Most of the time, the responses from the Estate would make you know if you are dealing with good people or land thieves.

Anything short of following this format is setting you up for problems.

Once the real estate companies realize you are one of the mumu subscribers that just pays for a land without scrutinizing their papers, they would just pencil you down as one of the ones they would be tossing around.

While other people would be allocated lands, yours may be delayed and when you complain, they would apologize to you and relocate you to a less desirous place. A refund of your money is out of the question.

Too many people have been victims of land over-subscribing by wayo of real estate companies. Please don’t let these land thieves use you as their next land scam victim. Please verify your next land purchase so you don't become another land scam victim.

Lets have a page where we list the names of the real estates that have duped us or someone we know, so that future buyers can be aware

11 Likes

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by Hotice085: 11:21am On Mar 27, 2023
lawyer:
Many Lagos Real Estate companies are neck-deep in this wayo practice of advertising a certain amount of land to the public only for them to over-subscribe those lands to more people than they originally own.

The scam is to push marketers to tell you that there is a limited amount of plots available for sale by the real estate company and if you don’t buy these lands within a specific time, you would lose out or end up paying more when the deadline is up.

Because you are naturally frightened that you would lose a good deal, you end up subscribing for the land and hoping for you to get allocation immediately but you could wait for months or years before you are given any land.

This trick is successful because the subscriber does not demand for the layout survey of the estate before he buys.

The layout survey must specify the following:

1. The size of the land the estate owns
2. The number of plots the estate has
3. The division of the land into various plots and blocks
4. The numbering of the plots and block

Once the estate is not willing to show you the layout, WAKA FAST!!!

If the Estate shows you the Layout, you must choose your own plot from the layout you intend to buy and agree with the estate that the land is available for sale.

The estate must also prepare a Letter of Offer stating that that particular plot and block will be sold to you once you make payment.

The letter of offer must state the exact time you would be allocated that specific plot of land.

The letter of offer must state the penalty or remedy if you are not allocated that plot of land within a reasonable period of time which should go beyond just a refund of your money.

Also ask them if you complete the payment, what is stopping you from taking possession of the land immediately before the deed of assignment and survey is ready.

Most of the time, the responses from the Estate would make you know if you are dealing with good people or land thieves.

Anything short of following this format is setting you up for problems.

Once the real estate companies realize you are one of the mumu subscribers that just pays for a land without scrutinizing their papers, they would just pencil you down as one of the ones they would be tossing around.

While other people would be allocated lands, yours may be delayed and when you complain, they would apologize to you and relocate you to a less desirous place. A refund of your money is out of the question.

Too many people have been victims of land over-subscribing by wayo of real estate companies. Please don’t let these land thieves use you as their next land scam victim. Please verify your next land purchase so you don't become another land scam victim.


The company belongs to JAGABAN
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by juman(m): 11:21am On Mar 27, 2023
Judiciary stinks.
Let us try new thing.
Let reform judiciary.
Let remove the CJN and replace with firebrand SAN like falana, keyamo etc.

1 Like

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by BennyDGreat: 11:22am On Mar 27, 2023
labake1:
Nice advice
Most of all those real estate people are thief. Even some radio station go dey help them advertise

It's not radio station's job to do research of the organisation. It's left for the buyers to do that.
It's just an ad. Anyone can run ads

3 Likes

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by BennyDGreat: 11:24am On Mar 27, 2023
erai30:
This was how they sold the same plot of land for my uncle and 11 other people, the worst it was one of the buyers was a pastor and one was native doctor. Till today that land is till smelling rotten meat and the fiercest odour you can ever imagine. cool

The coy go don pack up. Wickedness is real
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by Isabi4lov: 11:24am On Mar 27, 2023
Wayo wayo people everywhere grin
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by IyaTola: 11:28am On Mar 27, 2023
labake1:
Nice advice
Most of all those real estate people are thief. Even some radio station go dey help them advertise
ALWAYS DO YOU OWN RESEARCH, they are there to collect advert money. I recallan incident with Daniel Apkata on one station saying you can buy a land for 5k on one of his prgrams, if you see crowd at the venue, it ended up to be pyramid kind of land buying A will bring b, b will bring c& d then like that like that

3 Likes 1 Share

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by OgogoroDegree: 11:28am On Mar 27, 2023
lawyer:
Many Lagos Real Estate companies are neck-deep in this wayo practice of advertising a certain amount of land to the public only for them to over-subscribe those lands to more people than they originally own.

The scam is to push marketers to tell you that there is a limited amount of plots available for sale by the real estate company and if you don’t buy these lands within a specific time, you would lose out or end up paying more when the deadline is up.

Because you are naturally frightened that you would lose a good deal, you end up subscribing for the land and hoping for you to get allocation immediately but you could wait for months or years before you are given any land.

This trick is successful because the subscriber does not demand for the layout survey of the estate before he buys.

The layout survey must specify the following:

1. The size of the land the estate owns
2. The number of plots the estate has
3. The division of the land into various plots and blocks
4. The numbering of the plots and block

Once the estate is not willing to show you the layout, WAKA FAST!!!

If the Estate shows you the Layout, you must choose your own plot from the layout you intend to buy and agree with the estate that the land is available for sale.

The estate must also prepare a Letter of Offer stating that that particular plot and block will be sold to you once you make payment.

The letter of offer must state the exact time you would be allocated that specific plot of land.

The letter of offer must state the penalty or remedy if you are not allocated that plot of land within a reasonable period of time which should go beyond just a refund of your money.

Also ask them if you complete the payment, what is stopping you from taking possession of the land immediately before the deed of assignment and survey is ready.

Most of the time, the responses from the Estate would make you know if you are dealing with good people or land thieves.

Anything short of following this format is setting you up for problems.

Once the real estate companies realize you are one of the mumu subscribers that just pays for a land without scrutinizing their papers, they would just pencil you down as one of the ones they would be tossing around.

While other people would be allocated lands, yours may be delayed and when you complain, they would apologize to you and relocate you to a less desirous place. A refund of your money is out of the question.

Too many people have been victims of land over-subscribing by wayo of real estate companies. Please don’t let these land thieves use you as their next land scam victim. Please verify your next land purchase so you don't become another land scam victim.
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by IyaTola: 11:28am On Mar 27, 2023
Great Idea, start it
Nnamaka1:


Lets have a page where we list the names of the real estates that have duped us or someone we know, so that future buyers can be aware

1 Like

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by samwillyco1(m): 11:32am On Mar 27, 2023
Hmmm

Sue them immediately
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by Christian07(m): 11:38am On Mar 27, 2023
I thought wayo mean trick
Or is lack of understanding coz it

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by jaxxy(m): 11:39am On Mar 27, 2023
GeneralPula:
Leave them..

A real cleansing is happening soon. Those that have used drugs money, baby factories money, etc to purchase properties without proper investigation go hear am..

yes money launders and druglords from Chicago
Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by dominique(f): 11:42am On Mar 27, 2023
They're all over social media advertising Lekki- Epe lands. 10 minutes drive from Lekki FTZ and Dangote refinery. Too many real estate agents selling limited amount of lands to numerous people.

6 Likes

Re: How Wayo Real Estate Companies Sell The Same Plots To Different People by hedris20(m): 11:46am On Mar 27, 2023
mention name so that we can learn and we wont fall victim
xpressionx:
I don't want to mention one real estate name in abuja.
It is owned by a yoruba woman.

she scams people with unavailable land.
I was a victim,but I collected my money back with force

4 Likes

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