Real estate companies invited to join Leg realx’s 6-month free pilot programme

As part of efforts to improve coordination and transparency in Nigeria’s real estate sector, a digital property platform, Leg realx, has launched its initiative to connect real estate companies, property agents and marketers within a structured online system. Speaking during the launch, the Managing Director of the platform, Engr. Uchenna Paul Oguh, said the initiative […]

As part of efforts to improve coordination and transparency in Nigeria’s real estate sector, a digital property platform, Leg realx, has launched its initiative to connect real estate companies, property agents and marketers within a structured online system.

Speaking during the launch, the Managing Director of the platform, Engr. Uchenna Paul Oguh, said the initiative was also designed to address long-standing challenges in the property market, including excessive agent charges, arbitrary rent increases and the activities of unregistered operators.

He noted that the platform seeks to promote trust, accountability and proper documentation in property transactions while helping to curb the influence of quacks within the sector.

Engr. Oguh further announced a six-month free pilot period for reputable real estate firms to enlist their properties on the platform at no cost. He explained that the pilot phase will commence in Abuja, after which the platform will be extended to other states across Nigeria. The free window, he said, is intended to allow companies to explore the platform, understand its processes and evaluate its usefulness before any financial commitment.

He said the platform introduces an organized inspection management system in which real estate employees or marketers assigned to a property can monitor and update inspection status. Inspections, he noted, can be conducted either physically or virtually, depending on convenience.

He further explained that the platform serves as a meeting point between real estate companies and independent property agents. Through the system, agents can search for registered companies and apply to work with one or more of them, after which the companies receive notifications and may accept or decline the applications.

According to him, an agent who markets or shares a company’s property, whether within or outside the platform, will be entitled to a commission percentage if the agent plays a role in securing the sale of the property.

He said the initiative is expected to formalize relationships between agents and companies, reduce disputes over commissions and bring more accountability into property transactions.

Engr. Oguh encouraged interested real estate companies to take advantage of the six-month free enrolment period to list their properties and become familiar with the platform’s operations. For more information, interested companies can visit the official website of Leg realx.