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Times Reporters > Business > Real Estate: Logic Project Concept To Launch App To Combat Fraud, Reduce Property Prices
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Real Estate: Logic Project Concept To Launch App To Combat Fraud, Reduce Property Prices

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By Publisher Published May 5, 2024
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Ezinwa Obioha Nwokorie, CEO
Logic Project Concept

By Chidiebere Ugwu

Logic Project Concept, a leading real estate marketing company is set to launch an app platform to checkmate fraud and reduce property prices in Nigeria.

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Mr. Ezinwa Obioha Nwokorie, the Chief Executive Officer of Logic Project Concept, made the disclosure weekend during a session organized to inaugurate a media group that would work hand in hand with the company for overall development of real estate business in the country.

Nwokorie with members of Logic Project Concept media group at the weekend

Mr. Nwokorie said the idea is to create a very robust platform for self dealing on property, that would guarantee safety, reliability and affordability for potential investors in the real estate business.

“We have been working on this. It is called Logic Property Marketing; the idea is to create a very robust platform for self dealing on property. This is because it has been established that one of the biggest forms of fraud today is property selling and buying. So we looked at it with many years of experience, and the create this type of platform and with the aid of the media group, I believe we can be the centre stage, the biggest and the newest thing on property. The idea is to buy, sell at a very reliable, and affordable price. So it is a huge platform we are trying to make available, and I believe that even given the strength, and capacity and the quality of my media group, I think this is a very welcoming development in the city of Abuja for now”.

The Logic Project Concept boss declared that what makes the Logic Project concept unique is that it is ensuring reliability, stressing that trust is every required in dealing in property business.

According to him, a lot of people have lost their investments but the platform guarantees safety, security and also bring down property price by reducing agency fee to as low as 5 per cent as against the usual 10 to 15 per cent usually asked for by agents in many parts of the country.

“We are going to be more affordable than others. We are going to save our clients’ money. Secondly, reliability, with what we have been able to put together, even our media team, shows that there is no way an organization like this will defraud anybody. It is not possible because we are being guided by rules and regulations and the presence and the personality of each of the group protects and guides these transactions.

“I am already a trained money laundering agent with EFCC. I have undergone the training, I understand the Money Laundering Act. But it is also very wrong for you to assume that anybody who has money to buy property has stolen money. It is a very wrong notion. Most money you see in this world are genuinely made” said.

He further stated that given his experience if he noticed that the money is not ‘clean’ he would not deal.

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Publisher May 5, 2024
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