[quote author=dawnomike post=107384208]Nope... Wait till you meet those in benin and Lagos [/qu0ote]

Benin is not as bad as those in lagos and ibadan

They are the worst. The agency fee most time would nearly double the actual rent

Elsueno:


They have several as well, just make sure yours is of a higher caliber than an AK

I am from South Central. We love each other here. Everyone is too busy to pay attention to politics or crime.

Ijawboy:
Lately I have been scouting for a 2 bedroom apartment in Ibadan for residential use.
See what a greedy Real Estate Agent charged me for a 2 bedroom apartment in Oluyole estate, here in Ibadan:

Rent - N700,000
Agency fee @ 20% = N140,000
Legal fee @ 10% = N70,000
Caution deposit =N70,000

Just imagine being asked to pay N980,000 due to sheer greed of this Estate agents in collusion with greedy landlords☹️

Unfortunately, this is the norm out here as other agents I spoke to were not any different.

Kindly share your experience with Ibadan Real Estate agents or even their greedy colleagues in other states and how you handled them.

Those agents are definitely from Lagos , dem Don reach ibadan

what kind of talk is that?

mtchewww!

is there a state, city or.town in naija or world wey people no dominate?

some people go just dey talk nonsense

Coldie:
Why would anybody want to live in ibadan

AmuEbule:

Is it possible for me to rent directly to tenants in Benin city? I have 6 flat property out there that will be ready in Jan. Any help?

Which area?

I would prefer you use a lawyer o

clothingonline:
Many people here have not visited ib ring road oluyole we have properties of two bedroom 900k

Population and business activities determines real estate price

Does population and business activity also determine agent's fees? No age t should charge more than 10% of annual rent.

And oh, I was born in Ibadan. Queen Elizabeth Road precisely. Worked in Alomaja, Challenge and Oluyole Industrial estate. Lived at General Gas, Akobo, and Bodija GRA

AmuEbule:

Is it possible for me to rent directly to tenants in Benin city? I have 6 flat property out there that will be ready in Jan. Any help?

Sign up on Nigeria Property Centre and advertise your property there. Mind you, agents will still contact you posing as potential tenants only to rent out the place later at a higher price. Be on the lookout for such.

Godly and God-fearing individuals should come together in each state of the country and start central info centre online of available apartments for those searching for house to rent to contact and connect with for a little agency fees not above 20k for any type of apartments.
This will help alleviate the financial burden that agents from Hell put on citizens.
Unless a person is born again, he cannot see or enter the Kingdom of God.
Repent, turn away from your sins and turn to Jesus to forgive you and save you.
Shalom.

dawnomike:
Nope... Wait till you meet those in benin and Lagos

I can confidently tell you that agency and legal fees are 10% each, then some landlords may add caution fee too in Lagos.

Why take 20% just because you're an agent??
Thats serious

The biggest scam is the so called legal fees. For what exactly?
What are you legalizing?

If I should pay legal fees to a lawyer brought by the landlord, then I also bring my own lawyer so that the landlord will also pay legal fees to my lawyer

My lawyer and your lawyer should draft the agreement and fees paid to both . No be only you get lawyer

You are one of a kind! Please let's connect If you are based in Ibadan

propzncribz:
In all fields there are the bad workers. These types of agents, I call them cabu cabu agents.

I'm a agent, I don't go with client for inspection most times x I give them the address, they go there, if they like the house, I give them landlords number and they discuss amd negotiate if necessary. Whatever price they agree, the client pays landlord my commission which is 10% of the rent and landlord transfers to me.

My real estate work is done fully remotely and it pays me because of the stress of going for inspection and meeting some annoying clients.

There are many other agents like me who don't over charge clients and work remotely or professionally in their own way. Not all of us are bad.

Baba if u have dat huge amount, take it to adron homes and make tent, till u get another to build house.

Afriqan:
Well, I have always known that IB is no better when it comes to the same basics that make Lagos undesirable... It's getting more and more expensive, but with less money in circulation.

Na Ogbomosho sure pass now...

Na Lagos agents teach them work in collusion with Lagos people wey go build house for Ibadan.

emmabest2000:
Kuku buy land instead

And put caravan on top.......

RapistOnBail:

You see we Nigerians?

We no like ourselves that much o!

We just Dey fake care and support to our neighbors.

Fact....

Sisijetue:
Despite charging high rate, they still look tattered and miserable

U wicketh

They learned from Lagos Estate agents.
Say NO to Yahoo Boys. They are the ones who made accommodation expensive.

Guy paying is not the issue, you can re-read my post if you like.
No one should be made to pay over the odds for a service.
10% Agency fee is just fine. Don't forget they also collect Inspection fees before taking you out to see available properties.

ricardovincente:


You want a service but you do not want to pay for it.

Do you think that based on the current economic reality, the fee they charged can cater for their expenses, considering the stress they suffered In securing that space, the number of persons they took there and that declined, and other related expenses?

Alaye, you shall be an estate agent by profession in Jesus name and you will only be paid10% for such transactions and even 5% sef in corresponding sum of other transactions, to be fair on the masses.

Amen!

I no be agent o, but I have realized that the hypocrisy in Nigeria is toxic and thats the reason why we are here today.

Na we be our problem!!!

Osyxcel:


Na Lagos people wey go build house for Ibadan cause am.

Ibadan ppl like overdo right from time jare. You no dey notice say na all those non Lagosians sef dey come spoil Lagos?

If only landlords can list their houses online to cut them off

Thinktwicemybro:

I have been to Benin before, bros you clearly have not been to or live in Benin, stop talking trash. In Benin these agent trash does not exist. Edo people are not greedy.

You must have left Benin a long time ago. It works differently now. Even when you meet the landlord personally, He would direct you to his agent who charges almost half of the rent.

Ijawboy:
Lately I have been scouting for a 2 bedroom apartment in Ibadan for residential use.
See what a greedy Real Estate Agent charged me for a 2 bedroom apartment in Oluyole estate, here in Ibadan:

Rent - N700,000
Agency fee @ 20% = N140,000
Legal fee @ 10% = N70,000
Caution deposit =N70,000

Just imagine being asked to pay N980,000 due to sheer greed of this Estate agents in collusion with greedy landlords☹️

Unfortunately, this is the norm out here as other agents I spoke to were not any different.

Kindly share your experience with Ibadan Real Estate agents or even their greedy colleagues in other states and how you handled them.

i think say PH agent worst not knowing that PH is learning work were oluyole dey

Afriqan:


Ibadan ppl like overdo right from time jare. You no dey notice say na all those non Lagosians sef dey come spoil Lagos?

Before, Ibadan landlords dey try avoid agent wahala. They'll tell you they are not giving their house to agents.

Those spoiling Lagos are those who go there without any plan. They just go there to survive.

daddytime:


Of course....

What part of Benin is the property situated?

I could be of help.

In Idogbo town. Thanks

Ijawboy:
Lately I have been scouting for a 2 bedroom apartment in Ibadan for residential use.
See what a greedy Real Estate Agent charged me for a 2 bedroom apartment in Oluyole estate, here in Ibadan:

Rent - N700,000
Agency fee @ 20% = N140,000
Legal fee @ 10% = N70,000
Caution deposit =N70,000

Just imagine being asked to pay N980,000 due to sheer greed of this Estate agents in collusion with greedy landlords☹️

Unfortunately, this is the norm out here as other agents I spoke to were not any different.

Kindly share your experience with Ibadan Real Estate agents or even their greedy colleagues in other states and how you handled them.

OP email jideade99@gmail.com he will help you out na best agent

I went to an agent for 2/3bed around molete he said rent is 250k
Total package is 370k
I asked him where the 120k come.from till now he Neva respond.. them too wicked abeg�

It's not just ibadan, it's the norm in Lagos ,imagine annual rent of 700k and first payment being 1.1M for a miniflat.person go just dey work for landlords for this life.

mustaphagreens:


Sign up on Nigeria Property Centre and advertise your property there. Mind you, agents will still contact you posing as potential tenants only to rent out the place later at a higher price. Be on the lookout for such.

Ok. Thanks.

What kind of house can someone build with 980k naira in Nigeria of today ?

Shellsploit:
Okearo is cheaper...



Besides, that N980,000 don buy and build correct house near canal for okearo. Just dont forget to tie the house to the closest tree

Osyxcel:


1. Before, Ibadan landlords dey try avoid agent wahala. They'll tell you they are not giving their house to agents.

2. Those spoiling Lagos are those who go there without any plan. They just go there to survive.

1. Hmm... I see. Seems true though, guess times have changed.

2. Yea obviously, dem full Lagos. Even abokee don plenty everywhere now dey drive okada in criminal fashion.

Gokoyer0:
What kind of house can someone build with 980k naira in Nigeria of today ?

2 rooms and parlor with shared toilet, kitchen and bathroom.