Nigeria: BuyLetLive restores trust in the real estate market

By : Adoni Conrad Quenum

Date : lundi, 13 mars 2023 13:16

Finding a property to buy or rent in large African cities is hard.  In Nigeria, a tech entrepreneur wants to address some of the challenges faced by those who embark on that endeavor with his digital solution. 

BuyLetLive is a digital solution developed by a Nigerian startup. It allows users, looking for apartments or houses, to find the property they are looking for by browsing classified ads listed on its platform.  

According to Ola Daramola, the solution’s founder, BuyLetLive was launched to restore trust in the real estate market that has become complex and opaque. 

“[...] We are well aware of the daunting process it takes to find a home. We experience severe opaqueness in the market and a lack of trust.  Our solution at Buyletlive is very simple.  We aim to ensure our users engage with verified agents and our agents get increased quality leads directly,”  he said at a stakeholder engagement forum in 2022. 

For the time being, the solution has no mobile applications. Users can browse the listed properties, create their accounts and carry out various actions only through its web platform. 

Buyers and renters can use its search functions to customize their search based on various indicators including location, property types, price range, and the number of bedrooms. Agents can use the platform to find properties for their clients or list those available for rent or buying. The solution also allows developers to list their properties. 

In 2022, the proptech startup was selected as the "Best Online Real Estate Portal Of The Year” at the Africa Housing Awards.

Adoni Conrad Quenum

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