Estate Rent and Commission Agents Association of Nigeria (ERCAAN) and a firm, Shelterz Housing Directory Ltd, have signed an agreement to biometrically verify all registered estate agents in Nigeria.   The agreement was entered in Lagos on Thursday, through a Memorandum of Understanding (MoU) between ERCAAN president, Emmanuel Dare, National Secretary, Vincent Okonko and Shelterz […]
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Estate Rent and Commission Agents Association of Nigeria (ERCAAN) and a firm, Shelterz Housing Directory Ltd, have signed an agreement to biometrically verify all registered estate agents in Nigeria.

 

The agreement was entered in Lagos on Thursday, through a Memorandum of Understanding (MoU) between ERCAAN president, Emmanuel Dare, National Secretary, Vincent Okonko and Shelterz Chairman, Sir Andy Ezeobi and Managing Director, Trinity Orji.

 

The firm said the partnership would “eradicate the menace of fake estate agents and eliminate unhealthy and unprofessional dealings” between landlords and property touts, as well as prospective tenants.

 

“In this partnership, the housing directory shall be conducting a biometric registration exercise for all estate agents that are operating legally within the country, beginning from Lagos State and listing all trained, certified and ERCAAN recognised agents online.

 

“The biometric data so collated shall be hosted on an online platform, to make the activities of all agents in the country transparent and create a medium for appropriate government regulations.

 

“To this effect, every registered, duly accredited and recognised agent shall possess a unique identity code, as well as an online profile which shall be readily available and accessible on ERCAAN database website,” the firm said.

 

It explained that the registered agents shall be issued “easily verifiable” operational licence, with which all their properties shall be listed online for easy accessibility by the public.

 

It continued: “By this, the association claims responsibility for the genuineness of every property so listed; as unverified properties and those from unknown/untrusted individuals cannot be listed. Also, on account of the purchase of a listed property, it shall be immediately delisted.”

 

The firm stated that as part of the MoU, it would conduct compulsory training and certification courses for estate agents in partnership with a training school.

 

This, it stated, would help to stamp out “fraudulent individuals” from the property industry.

 

“By this move, getting trained and certified will eventually be a vital criterion to operate as an estate agent in no distant time, as this shall instil professionalism, transparency, honesty and quick service into the system; sanitize the property industry of fraudsters and ultimately protect the interest of the masses while putting an end to several unnecessary costs incurred by individuals during property search,” the firm added.

 

The registration and verification process shall begin “immediately” in Lagos, with details of the first batch of registered agents and their property listing included in the firm’s property directory to be launched on October 1.

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Source:The Nation Nigeria