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AEAN Urges LASG to Implement Policies Targeting Unethical Real Estate Agents

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  • With the real estate industry contributing significantly to Nigeria’s GDP through construction, shelter, and foreign investment, Tinubu underscored the importance of fostering an environment of transparency and professionalism.
  • He noted that the AEAN serves as a regulatory body and resource for professional development, ensuring its members adhere to a strict code of ethics.

The Association of Estate Agents in Nigeria (AEAN) Practitioners has urged the Lagos State Government and Lagos House of Assembly to introduce policies that address the issue of unethical real estate agents operating within the state.

Eko Hot Blog reports that through this dialogue, the association hopes to secure the necessary support and cooperation to establish a more regulated and ethical industry.

EDITOR’S PICK

The call was made during the Association’s Annual General Meeting on January 30th, 2025, where National Publicity Secretary Adeniyi Tinubu highlighted the need for collaboration between stakeholders to raise industry standards.

Mr. Tinubu emphasized the importance of adopting international best practices in the Nigerian real estate sector, particularly in Lagos, as the country’s industry increasingly garners global attention.

He advocated for stronger ethical standards among real estate agents to ensure Nigeria’s real estate sector aligns with international benchmarks.

With the real estate industry contributing significantly to Nigeria’s GDP through construction, shelter, and foreign investment, Tinubu underscored the importance of fostering an environment of transparency and professionalism.

Drawing parallels to the Oil and Gas industry, Tinubu highlighted the sector’s contribution to the nation’s GDP through construction, shelter, and foreign investment.

AEAN Urges LASG to Implement Policies Targeting Unethical Real Estate Agents

He stressed the importance of fostering an environment of professionalism and adherence to regulations to support the industry’s continued development.

Tinubu advocated for regular training and exposure to international best practices for real estate professionals in Nigeria. This approach would not only enhance local expertise but also build trust among investors and the general public

He noted that the AEAN serves as a regulatory body and resource for professional development, ensuring its members adhere to a strict code of ethics.

Emphasizing the importance of membership in the association, Tinubu explained that registration and training are essential steps for real estate agents to differentiate themselves as reliable professionals.

As investments from Nigerians living abroad and international investors continue to rise, establishing a strong foundation of professionalism in the real estate sector is critical for capturing these opportunities and driving further growth.He emphasized the significant growth and potential of the Nigerian real estate sector.

FURTHER READING

Tinubu expressed optimism for the future of Nigeria’s real estate industry, noting the increasing interest from the international community.

He believes that embracing global standards and fostering collaboration between stakeholders will pave the way for a prosperous future in the sector.

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