₦airaland Forum

kowema:
Lagos Landlord Be like
Rent is 200k
and you go happy finish.

Then here comes the bad news :..Total Package is 700 Thansannd!!!!!!..
And u begin to wonder, who taught these Landlords their kind of maths.

Basically, Landlords are not the ones that inflate. Its the Agents. Landlords who do this are just hungry.If you rent House from a landlord directly, he should be concerned with the rent and then maybe 5% for legal( Agreement) fees.

If you dont want to pay another N2k to another agent, stick to the agent that you have paid the N2k to. He will keep calling other agents to find what your need for you. If eventually you need to contact another agent, let him know you are from the 1st agent. With that, you are not to pay another N2k.

All the best in your search. I guess most of the houses they took you to dont even have Compound and Parking space

masties2:
Op, you just narrated my experience today. After I coughed out 2k to fill form I was taken round some very very terrible places called residential apartments in Yaba. And the line of agents was so long, in fact the last property we saw, the main agent with the key was no where to be found. I tire for house hunting in Lagos.

Its always a difficult one to get the " Damages" money paid to the landlord. The landlords basically believe its part of the rent Awof.

Darkchocolate:
Lagos agents are the worse. I actually refused to pay them any money for form filling. You can imagine paying that 5000 naira to be every agent you meet with no guarantee of finding an apartment.

Luckily we found one that just had 2 agents in the 'agent chain'

Fast forward to one year, we (myself and my flatmate) have since moved out and our 40000 deposit is yet to be paid after nearly 6months of leaving. Each time we call the main agent (the one closest to the landlord), he says the landlord says he doesn't have any money and can only refund when new tenants take our flat?! Are you frigging kidding me

Shouldn't the money (which did not belong to the landlord in the first place) have been put in a separate account for refund to the tenants?

In fact...I have even given up. Thank God I'm in a position where I actually don't feel the 40000 these people decided to squander. The thing dey pain me die sha sha!!

The Search


You have the imagination of that your dream home and then the search begins. You have 2 ways to go through the search process.

1) Using an Agent

With this process, you meet the agent and in most cases, they ask you to pay for Inspection fee ranging from N3000 to N5000. After paying for the inspection fee, the agent makes few calls to some of his fellow agents and then your journey begins.

You get to the agents location who said he had the property and to your amazement, he says there is another agent who will have to take you to the said property. On meeting the 2nd agent he tells you there is yet another agent who is the direct agent to the brief. You, Agent 1, Agent 2 heads to where Agent 3 is and if you lucky, he is actually the direct agent to the property. If not, you will continue to pick agents until you get to as many as you can carry before you eventually get to the property.

When you eventually enter the said property, you look at all of them and you wonder why on heaven they will bring you to such a place. If you are lucky to like the place, then your negotiation starts .If you don’t like the place, then you hear one of the long pool of agents you have saying he has another property somewhere that you will love. In anxiety the main agent and your new subordinate agent follows you to this new apartment. Dot forget that you are likely to pick another agent along the way who will lead you to this new apartment.

If after your rigorous search, you finally see something you can settle for, then the part two of your search just started. Let’s assume the landlord listed the apartment for N400,000 per year and request for a year and half rent, after you have seen the house and agreed to the N400,000 rent, then the agent tells you that the landlord wants 2 years rent (Agency is 10% of the amount you pay for the rent, so if you do 1and half year, Agency is N60,000. If you pay the landlord 3 years rent, then Agency in this case is N80,000). Agents actually want you to pay for 2 years rent or 1 and a half year rent. Even if the landlord agrees for a year rent, the agent will not give you that information until they see that you are keen on the 1 year rent and you very ready to pay. Some landlords and areas are very prone to minimum of 2 years rent and example of such area is Yaba and surulere environs.

How Agency, Legal and Damages is calculated.

Let’s assume the 2bedroom apartment costs N400,000. If you pay for 2years rent, then your total package is calculated thus:

2 years Rent-N800,000
Agency:N80,000( 10%)- Always very difficult to negotiate this. It’s this N80, 000 that all the agents will share
Legal -N80,000 (10%)- You can negotiate to pay 5% for this one.
Damages- They call it refundable damages. But please, forget about collecting that back except you are a lawyer and likes wahala. Let’s assume the damages here is N50,000. Your total package will then be N1,010,000.

In my next article, I will take you through how to use online property Portals like Nairaland, Tolet.com.ng, Privateproperty, Property24 etc and how to get good deals, detect fraudulent agents.

Share your property search experience in Lagos.

One of the major reasons for online groceries store is to be able to offer products to customers at the best possible prices.

However, with Nigeria being heavy on groceries shopping, many retailers have engaged in over pricing their products for the final consumer. Take for instance, a popular hypermarket at ogudu road sells a particular product for N1500 when the distributors sells out at N660. This is making N840 per unit of that product been sold. We understand that they run overheads but profit can be reasonable putting the buyers in mind.

One amazing fact about existing groceries store is that they shop their groceries from this already overpriced supermarkets and with that still add their markups to products. Take for instance, the product being sold at the supermarket for N1500, the online grocery stores add a markup to it and end up selling for N1650. This simply means, their customers are actually buying at N990 more than the distributors recommended retail price.

value4naira.com was created mainly to bridge this gap, amend the missing link thereby creating real value for the consumer. They have sealed partnership with most of the Major distributors in the country and now consumers can shop their groceries at the exact distributor’s recommended retail prices. So instead of paying N1500 when you enter a supermarket to buy ……..or pay N1650 when you shop from existing online groceries stores, you get it at the exact recommended retail price - say N660.

The question to worry about is how does this company make money. They simply make money by charging a percentage from the distributors.

Planning for your grocery shopping? Do it right here on value4naira.com for very obvious reasons.
1) Very competitive price (cheapest online price)
2) Same day delivery at your doorstep for orders sent in before 11am
3) Yes, you can pay Cash on Delivery.
4) Instant money back guarantee (cash not e-wallet) for refused items

Visit www.value4naira.com today.

With the current frenzy around entrepreneurship and startups, people have come up with online unique solutions to our everyday problems. There are online wedding planners, numerous e-shopping sites and recently online grocery stores have also sprouted up.

Online grocery is relatively new but has gathered a huge popularity in the Nigerian market. In 2013, America had $15 billion sales from online grocers. While Britain had €7.1 billion sales and this number is expected to double this 2016. Famous names like Amazon and Walmart are banking on this interest around e-commerce. Not only that, startups are also seeing the potential in this market – whogohost (A Nigerian hosting portal) has recently experienced a surge in his hosting business as more business are going online in need of a domain.

During the past few years, several startups have tapped Nigeria’s e-commerce market which is approximately $1billion most of which were focused on electronics, mobile and clothing. However, if you Google “online grocery stores” a couple of names appear which shows how much local startups are taking interest in this online supermarket

Value4naira.com is a new startup hoping to survive the competition and will have to compete with the likes of supermart.ng and gloo.ng The idea for Value4naira.com was conceived by entrepreneurs who have had experience in operations in FMCGs - Reckitt Benckiser, Procter andGamble , GSK , for over 15 years and had been involved in the grocery distribution business.

We reached out to the Chief Operating Officer of Value4naira.com, Mr. Ernest who commented that “We are living in a time when almost everything has an online solution. There are a large number of people with various need to fulfil. Is it the work pressured folks who will like to have whatever is left of their time to themselves, is it the price sensitive folks who will like to maximize the benefit from prices or the well informed mother who wants quality and only quality products. Whatever the need, value4naira.com aims at fulfilling the consumer desires. The best part of the deal is that its affords the consumer to pay on delivery! Value4naira.com offers instant money back guarantee (physical cash and not E-wallet type of cash!). We are particular about our pricing and ensure we offer the best prices to our shoppers. Value4naira.com is presently giving out N1000 free for all first time shoppers. Value4naira.com’s mode of operation is very simple, customers can either make payment online or cash on delivery in Lagos with prompt delivery services. The future plan for value4naira.com is to expand to other big cities in Nigeria and eventually become a leading grocery store in Nigeria".


With this new entrant, we have supermert.ng, gloo.ng and Value4naira.com as the online grocery stores to watch out for. Presently on Alexa ranking, Gloo.ng is ranked 232, Supermartng.com is ranked at 444.

For more information, visit the
Website: www.value4naira.com,
Twitter: @value4naira,
Facebook ; Facebook.com/value4naira

With the current frenzy around entrepreneurship and startups, people have come up with online unique solutions to our everyday problems. There are online wedding planners, numerous e-shopping sites and recently online grocery stores have also sprouted up.

Online grocery is relatively new but has gathered a huge popularity in the Nigerian market. In 2013, America had $15 billion sales from online grocers. While Britain had €7.1 billion sales and this number is expected to double this 2016. Famous names like Amazon and Walmart are banking on this interest around e-commerce. Not only that, startups are also seeing the potential in this market – whogohost (A Nigerian hosting portal) has recently experienced a surge in his hosting business as more business are going online in need of a domain.

During the past few years, several startups have tapped Nigeria’s e-commerce market which is approximately $1billion most of which were focused on electronics, mobile and clothing. However, if you Google “online grocery stores” a couple of names appear which shows how much local startups are taking interest in this online supermarket

Value4naira.com is a new startup hoping to survive the competition and will have to compete with the likes of supermart.ng and gloo.ng The idea for Value4naira.com was conceived by entrepreneurs who have had experience in operations in FMCGs - Reckitt Benckiser, Procter andGamble , GSK , for over 15 years and had been involved in the grocery distribution business.

We reached out to the Chief Operating Officer of Value4naira.com, Mr. Ernest who commented that “We are living in a time when almost everything has an online solution. There are a large number of people with various need to fulfil. Is it the work pressured folks who will like to have whatever is left of their time to themselves, is it the price sensitive folks who will like to maximize the benefit from prices or the well informed mother who wants quality and only quality products. Whatever the need, value4naira.com aims at fulfilling the consumer desires. The best part of the deal is that its affords the consumer to pay on delivery! Value4naira.com offers instant money back guarantee (physical cash and not E-wallet type of cash!). We are particular about our pricing and ensure we offer the best prices to our shoppers. Value4naira.com is presently giving out N1000 free for all first time shoppers. Value4naira.com’s mode of operation is very simple, customers can either make payment online or cash on delivery in Lagos with prompt delivery services. The future plan for value4naira.com is to expand to other big cities in Nigeria and eventually become a leading grocery store in Nigeria".


With this new entrant, we have supermert.ng, gloo.ng and Value4naira.com as the online grocery stores to watch out for. Presently on Alexa ranking, Gloo.ng is ranked 232, Supermartng.com is ranked at 444.

For more information, visit the
Website: www.value4naira.com,
Twitter: @value4naira,
Facebook ; Facebook.com/value4naira

Available

A young holding company situated in the Victoria Island suburb of Lagos State with vast interest in real estate seeks EXPERIENCED applicants for immediate employment to the position of Customer Relationship Officer.

Applicants must possess OND/HND in any discipline from a reputable tertiary institution with at least a year work experience. Applicants must be smart, intelligent, and must have good command of English language.

Qualified and interested candidates should send their C.Vs to thehrmogul@gmail.com stating C.R.O as the subject of mail within 2 weeks of this publication.


Advertised by: PRlagos

Do you need an office space at Ikeja or Ogudu?

Lets know your budget for the office space and what you require. We will workout something for you.

For those in need of office space at Ogudu GRA or Ikeja ( Opebi-Allen), kindly send a mail to propertiesemporium@gmail.com stating the type of office you need, budget and time you looking to move in. We will send you details of available offices that meet your budget and then fix date for inspection.


Advertised by: PRLagos

Available

Available

A shared office space available at Ogudu GRA. The office space is a 4bedroom duplex shared by 4 offices.

Each office has a Room office space and space for work station for support staff at the workstation Bay.


Features of the Office
• Secretary to serve all the offices
• Security at Entrance
• Waiting Room/Visitors Room
• Running Water
• You can Open during the Weekend
• Secured Environment

Location
Ogudu GRA

Fees: Each Room office space and Workstation Bay cost : N450,000 per year


Contact:
Properties Emporium
propertiesemporium@gmail.com
08038435443

Hello

Just 1 now Available.

knk

Available

millhouse:
, 200k

Call.

2 Motobil is available for Sale by a company in Lagos. The bikes are brand new, Never Used. The 2 bikes are registered already.

For Inspection, Call 08092721495
Price: N240,000
Red and Blue Available.

Available

Available

Used in Nigeria

Automatic transmission
Power window and door
Fabric interior
Ac working
Cd player
07081624683, 08136614539


Phone: 07081624683
Whatsapp: 08136614539

Price: N800, 000