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100+ search results, Bungalows for sale (Sponsored)
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🇺🇬 IS THE REAL ESTATE SECTOR IN UGANDA INDEPÈNDENT ON INDEPÈNDENCE DAY? Shirley Kongai, the president of the Association of Real Estate Agents (AREA) was asked the question "What does independence mean to you as a real estate agent?", below is a systematic break down of her thought-provoking response in which she explored the concept of independence beyond its traditional political sense: Understanding Independence Beyond Its Literal Meaning
So, what does independence mean to me as a real estate agent? Of course, the literal meaning of independence is freedom, the freedom to be us, the freedom to be Uganda, the freedom to be Ugandans, the freedom to govern ourselves in our own Ugandan way and to take care of our interests as Ugandans. That is independence. It means we are no longer under someone's rule or the rule of the British or the colonial masters, but we are now ourselves.
Independence in the Real Estate Sector: A Work in Progress.
In real estate, as an agent, we are yet to achieve that state where we can celebrate and say, "Now, wow, real estate
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THE RED’S ONLINE SUBSCRIPTION PAYMENT MODEL IS BETTER THAN THE PREVIOUS INVOICING MODEL. The Real Estate Database (RED) has always strived to provide a seamless and efficient experience for its agents. Initially, we operated with an invoicing system for annual subscriptions. However, it quickly became clear that this model had significant drawbacks. Agents could delay payments for months, while using the active services as a means to extend their subscription without paying the full amount upfront. This not only caused cash flow issues for RED but also added administrative overhead in chasing down these payments.The Rise of Mobile Money: A Game-Changer.The introduction of mobile money completely transformed the way RED handles payments. By allowing online prepayments in smaller, manageable amounts, agents could now conveniently pay in advance without feeling the pressure of settling a large annual bill. This shift saved RED from the time and resources involved in collecting partial payments, which often required multiple trips.Why We Moved Away from the Invoicing Model.It
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WHY THE RED DOES NOT WORK DIRECTLY WITH LANDLORDS.
If you've ever wondered why the Real Estate Database (RED) chooses not to work directly with landlords, you're not alone. On the surface, it might seem like a logical move, cutting out the middleman, right? But scratched the surface a little, and we discovered that working with landlords directly is not only inefficient, but also a recipe for chaos, conflict of interest, and collapse.
Let's start with something obvious that people tend to ignore: landlords are busy. Really busy. Most landlords aren't just sitting around waiting for property buyers or tenants to call. They're entrepreneurs, executives, farmers, importers, and dealmakers, constantly on the move and juggling multiple interests.That means when a serious buyer wants to view a property, there's a good chance the landlord won't pick up the phone, won't show up on time, or worse, won't follow up at all. As a result, leads go cold, property buyers get frustrated, and deals fall apart. You've probably tried calling a la
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HOW THE REAL ESTATE DÁTABASE (RED) GENERATES LEADS FOR REAL ESTATE AGENTS AND DEVELOPERS.
In the digital era, real estate agents and developers face the challenge of reaching potential buyers in a competitive market. The Real Estate Database (RED) has emerged as a powerful tool, revolutionizing lead generation in the industry. Through a combination of innovative features and strategic marketing techniques, RED has become a go-to platform for agents and developers seeking to connect with qualified leads. In this blog, we will explore how RED generates leads and empowers professionals in the real estate industry.
Direct Phone Calls from the Website:
RED facilitates direct communication between potential buyers and agents through its user-friendly interface. When visitors find a property that matches their preferences, they can make phone calls directly from the website. This instant connection enables agents to engage with interested buyers promptly and efficiently.
WhatsApp Chats from the Website:
Recognizing the widespread use of messaging apps, RED integrates
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WHICH IS THE BEST TIME TO SELL YOUR HOUSE?
For most people, their house or land is one of their most valuable assets. However, there comes a time when selling it becomes necessary. Whether you're downsizing, upgrading, or need to relocate, there are several factors to determine the right time to sell your house.
The current real estate market:
The state of the real estate market can play a significant role in determining the right time to sell. It's important to do your research and understand whether it's currently a buyer's or seller's market. A seller's market means that demand for properties is high, and inventory is low. This can result in higher selling prices, making it a good time to sell your property. On the other hand, a buyer's market means that there are more properties for sale than buyers, which can result in lower selling prices. If you're unsure about the current state of the market, consult with a local real estate agent for guidance.
Your financial situation:
Your financial situa
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WHAT’S THE HARDEST PART OF BEING A REAL ESTATE AGENT (REALTOR OR BROKER) IN UGANDA You're probably thinking being a real estate agent is all glitz and big commission checks, but you may want to know that the reality is something else. According to our two most recent WhatsApp community polls, results show that the majority of participants voted "finding new clients and leads" and "negotiating prices and terms with clients" as the hardest parts of being a real estate agent, which emphasizes the fact that being a real estate agent is a very tough game, especially here in Uganda. So what are all the hardest parts of it? Let's find out right now!
Finding new clients and leads is one of the daily task that keeps you constantly hustling, trying to connect with someone who's looking to buy, sell, or rent. Without a steady flow of prospective clients, your income drops. Susan remembers when she went two months without a single closing because she hadn't gotten any new lead. It feels awful, and you're left wondering if you made a mess by choosing this path.
Finding new prop
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HOW TO CONVERT REAL ESTATE LEADS INTO BUYERS
Attention all real estate agents: Are you tired of endless lead generation efforts that yield no results? It's time to turn those leads into actual buyers with these proven strategies.
Step 1: Qualify your leads. Not every lead is a good fit for your properties. Ask them questions to determine their budget, location preferences, and timeline to buy. This way, you can invest your time in working with only the most promising leads.
(NB: The Real Estate Database (RED) analyzes visitor stats to provide agents with qualified leads based on the interest a buyer has shown in a particular property. Such leads are more likely to result in a successful sale, as they are based on the buyer's level of engagement with the property. This helps agents focus their efforts on the most promising leads, saving time and increasing their chances of success.)
Step 2: Build a relationship. People do business with people they like and trust. Take the time to get to know your lead, find common groun
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OPPORTUNITIES FOR WOMEN IN REAL ESTATE. In recent years, Uganda has experienced significant growth in its real estate sector, presenting a myriad of opportunities for both seasoned professionals and newcomers alike. While traditionally a male-dominated industry, the tide is turning, and women are increasingly finding their place in Uganda's real estate landscape. In this blog post, we will explore the diverse opportunities available for women in the country's real estate sector and shed light on the inspiring women who have made their mark in this dynamic industry.1. Real Estate Entrepreneurship.One of the most exciting opportunities for women in Uganda's real estate sector is entrepreneurship. The country's growing urbanization and demand for housing and commercial spaces create a fertile ground for women to establish their real estate ventures. Whether it's property development, real estate consultancy, or property management, women can leverage their skills and creativity to build successful businesses.2. Property Develop
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UGANDAN REAL ESTATE MARKET MID YEAR 2024 REVIEW AND FUTURE OUTLOOK. First Half of the Year 2024 Review.
The Ugandan real estate market has experienced a dynamic first half of the year 2024, marked by several significant trends and developments. The sector has shown resilience and adaptability in the face of both local and global challenges. Here are some key highlights.
Steady Demand for Residential Properties.
The demand for residential properties, particularly in urban areas like Kampala, Entebbe, and Jinja, has remained robust. Factors contributing to this steady demand include urbanization, a growing middle class, and a youthful population seeking homeownership.
Commercial Real Estate Dynamics.
The commercial real estate sector, including office spaces and retail outlets, has witnessed mixed performance. While there has been a resurgence in demand for retail spaces as the economy recovers from the pandemic's impact, the office space segment is still adjusting to the hybrid work model adopted by many companies.
Impact of Infrastructure Develop
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