Firm unveils property search report for real estate market
Trustcrow, a leading property technology firm, has launched its flagship products, Title Search Report and Property Inspection Report, to provide buyers with intelligence on properties in order to eliminate uncertainty in property transactions and guide against property fraud. With the unveiling, property buyers who want to acquire houses, land, completed, uncompleted and even ongoing buildings […]
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Trustcrow, a leading property technology firm, has launched its flagship products, Title Search Report and Property Inspection Report, to provide buyers with intelligence on properties in order to eliminate uncertainty in property transactions and guide against property fraud.
With the unveiling, property buyers who want to acquire houses, land, completed, uncompleted and even ongoing buildings can now have access to a reputable, fast, and affordable online platform to conduct background checks on properties.
The company’s primary target audience is time home buyers and diaspora buyers, while their secondary target audience are the investors who are bent on doing things differently and more efficiently.
Speaking at the launch, Managing Director of Trustcrow, Mr Joseph Orji said “Trustcrow’s mission is to provide buyers with the tools to purchase property safely and protect their interests.”
According to Orji, both products which are currently available in Lagos, Abuja and Ogun states, are tools for property buyers and renters to conduct background checks on properties.
Because Trustcrow built the products for both the domestic and diaspora Nigerian markets, Orji stated that subscribers can conveniently purchase them from anywhere in the world.
Orji further said what inspired the idea was the pain that people go through in the process of buying a property in the country.
He said, “We’ve seen property buyers get defrauded; they lose time, money, and go to court with lots of pain. Those tragic incidents inspired us. So based on these problems, we said there was a need and we asked what products can fill that need. So to verify title we developed the Title Search Report and to validate build quality we developed the Property Inspection Report.”
Although Orji stated that both Title Search Reports and Inspection Reports have been commonplace for decades, “Trustcrow’s unique offering is that their online products make it more accessible and streamlined for buyers (and renters) to get intelligence on properties.”
Trustcrow’s Product Manager, Haleemah Folagbade, stated that the company built the products based on market research and the pain points from buyers in the Nigerian real estate industry.