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Lamudi Hits 20,000 Listings Aims to meet the Demand for Housing in Nigeria

Sam Wakoba by Sam Wakoba
7 years ago
in Startups
5 min read
0

Lamudi01Rocket Internet’s property marketplace Lamudi has said it has reached 20,000 property listings on its website, doubling its property listings within 3 months, having marked 10,000 properties in April this year.

This follows recent announcement that it had reached over 500,000 listings globally and 15,000 in Kenya.

Lamudi recently launched a mobile app for Android devices and a YouTube channel increasing the variety of channels by which consumers can access and experience the listings of Lamudi Sellers as well as knowledge and news on the Nigerian real estate sector.

In a statement Allie Morse, CEO Lamudi West and Central Africa, stated that “For Lamudi Nigeria to achieve over 20,000 listings in less than a year speaks to the opportunity in the market and the excitement of our partners to display the very best of Nigerian real estate to the world.”

The plaform recently partnered with two of Nigeria’s leading professional real estate entities Jide Taiwo & Associates, the country’s biggest real estate firm with over 23 branches nationwide and with the Lagos State Chapter of the Estate Rent & Commission Agents Association of Nigeria (ERCAAN) – Nigeria’s largest association of estate agents which will see Lamudi forming closer bonds with ERCAAN members through training, joint activities and listings to help drive greater transparency and professionalism in the industry.

According to the Managing Director of Lamudi Nigeria, Obi Ejimofo; “We have definitely had a very busy week at Lamudi. But this success is certainly not a one-off, these milestones have all been in the pipeline.”

“We have grown 5 times in size in 4 months, but at the same time, we have matched this incredible expansion with a sound foundation of customer service and innovative online marketing. It is our intention to take the stress and complication out of the real estate process, and our partners recognize and support us in this objective. We are now setting our sights to reaching 40,000 listings in the next few months but we recognise that this is no way near enough to meet the demand for housing in Nigeria.”

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It’s growth to more than 20,000 listings will help it reach more property hunters who are moved by masses of new and current listings everytime the visit the site.

 

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Sam Wakoba

Sam Wakoba

Taking you on tour through Africa's tech ecosystem, one startup at a time! [email protected]

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