Some on line outfits like Zoomek, Lamudi, Nigeria Property Centre, Private property, Property 24, Hutbay, Castles Nigeria. Nevertheless, Property Pro.ng acquisition of Jumia House, which made it the biggest real estate platform with a 65 percent market share of the Nigerian online real estate scene seemed to be a booster. The apartments within this price bracket are rarely listed online by the property agents and owners because of their high volatility rate. Eludire also pointed out low rate of internet savviness of real estate agents in Nigeria as reasons why the online listing is low. Some real estate agents still have the preconceived notion that online platforms are complex and expensive.

Source: The Guardian June 04, 2018 04:07 UTC