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100+ search results, Million dollar listings
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WHÉN AND WHY DO YOU NEED A VALUER? Whether you are involved in real estate, finance, insurance, or legal matters, the need for accurate and reliable property valuations is crucial. Determining the value of a property requires specialized knowledge and expertise, which is where a valuer comes into play. In this blog post, we will explore the situations in which you might need a valuer and discuss the reasons why their services are essential.
Real Estate Transactions: One of the most common scenarios in which you would require a valuer is during real estate transactions. Whether you are buying or selling a property, having an accurate valuation is crucial for establishing a fair price. A valuer can assess the market value of the property, considering factors such as location, size, condition, and recent sales of comparable properties in the area. This information enables both buyers and sellers to make informed decisions and negotiate deals based on a solid understanding of the property's value.
Property Investm
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CHALLENGES OF BUILDING A REAL ESTATE AGENCY TEAM IN UGANDA. I have observed that building a successful real estate agency team in Uganda comes with its own set of unique challenges, influenced by factors like licensing regulations, market dynamics, and technological advancements. Here's a detailed look at some of the key challenges faced by agencies in Uganda and how they impact team building efforts. Lack of Licensing Requirements.One of the foremost challenges for real estate agencies in Uganda is the lack of stringent licensing requirements. Unlike in some developed markets where rigorous licensing processes ensure professionalism and standardization, Uganda's real estate sector has relatively lax regulations. This can lead to a proliferation of inexperienced or unqualified agents operating without proper oversight, which can undermine trust in the industry. Easy Entry and Low Cost of Starting Agencies.Another significant hurdle is the ease and low cost associated with starting a real estate agency in Uganda. While this accessibility fosters
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REAL ESTATE AGENTS WHO CHEAT OTHER AGENTS OF THEIR COMMISSION IN UGANDA Real estate is a thriving industry in Uganda, offering lucrative opportunities for both buyers and sellers. Real estate agents play a pivotal role in facilitating transactions, helping clients find their dream homes or investment properties. However, within this seemingly robust industry, a disturbing trend has emerged: some agents cheating their fellow agents out of their hard-earned commissions. In this blog, we'll explore the unethical practices that have tarnished the reputation of real estate agents in Uganda and the consequences of such actions.The Commission Structure.In Uganda, real estate agents typically earn their income through commissions and search fees. When they successfully broker a deal between a buyer and a seller, they are entitled to a percentage of the total transaction value as their commission. The exact percentage varies from one agency to another but is usually agreed upon in advance between the agent and the seller.The Prevalence of Cheating.Despite the clear
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WHAT EXACTLY IS AFFORDABLE HOUSING?
In a world where housing costs are rising exponentially, the concept of "affordable housing" has emerged as a crucial term, particularly in urban centers. The lack of affordable housing has become a pressing issue, impacting individuals and families across various socio-economic backgrounds. In this blog, we will delve into the meaning of affordable housing, its significance, and the implications it holds for creating inclusive communities.
Defining Affordable Housing
Affordable housing refers to housing options that are reasonably priced, allowing individuals or families with modest incomes to afford decent shelter without compromising their basic needs. The primary aim of affordable housing is to ensure that housing costs do not exceed a certain percentage of a household's income, typically around 30% or less. This affordability threshold is essential as it enables residents to have sufficient financial resources for other necessities like education, healthcare, and savings.
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PROPERTIES OF THE WEEK.
Get ready to explore this week's hottest real estate listings in Uganda, all curated from multiple leading websites and agencies subscribed to the Real Estate Database (RED). Featuring properties from top agencies like Alpha Homes, Bags Agency Ltd, Bigways, Gitta propertied ltd, Houses Uganda , JS Properties, K & P PROPERTIES , Kololo Property Dealers, Mega Property Services, Moonlight Properties Ltd, Prime investment , Sumatra CC, Treasure Coast Properties, and many more, this collection offers a diverse range of options from various listing sources.Every Friday, the "Properties Of The Week" highlight listings from RED's vetted and approved agents, bringing you the best of Uganda's real estate market. This week's featured neighborhoods include Akright, Bbunga, BukasaBugiri, Bukeelele, Bunamwaaya, Busaabala, Buwaate, Buziga, Bwebajja, Garuga, Gravesend, Kasangatii, Katubwe, Kawempe, Kawuku, Kira, Kireku, Kisaasi, Kiwenda, Kololo, Komamboga, Kyaliwajjala, Kyanja, Kyebando, L
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THE CHALLENGE OF DEALING WITH SELLERS WHO ARE IN NO HURRY TO SELL. Sellers who are not in a hurry to sell can pose a unique challenge for both eager buyers and proactive real estate agents. The reasons behind their lack of urgency vary, ranging from financial stability to speculative expectations. In this blog, we will explore the frustrations and dynamics involved when dealing with sellers who are in no rush to part with their properties.1. Financial Comfort:One common scenario involves sellers who are already renting out their property, enjoying a steady stream of income. This financial stability eliminates the urgency to sell, as they are content with the current arrangement. The lack of pressure to finalize a deal can be frustrating for buyers and agents eagerly looking to close transactions.2. Overpriced Listings:Some sellers choose to list their properties at significantly higher prices, often double or triple the market value. This strategy is often employed with the hope that a buyer seeking to conceal illicit funds in real estate will come al
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IS IT HARAM (FORBIDDEN) FOR REAL ESTATE AGENTS TO SELL PROPERTIES DURING THE MONTH OF RAMADAN?
The Islamic holy book, the Quran, does not specifically talk about real estate agents. However, the principles of trade and commerce in Islam, as mentioned in the Quran and other Islamic texts, can be applied to the profession of real estate.
In Islam, there is no religious ruling that forbids real estate agents from selling properties during the month of Ramadan. The principles of trade and commerce in Islam encourage lawful and honest business transactions, and as long as the agent is fulfilling their obligations and conducting business ethically and legally, there is no prohibition
The profession of real estate agent, as we know it today, did not exist during the time of the Prophet Muhammad (peace be upon him). However, the principles of real estate transactions and property ownership were well established in Islamic societies at that time. The process of finding properties for sale or rent was likely different from what we see today with the use of modern real estate age
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REAL ESTATE DÁTABASE (RED) VS. LAMUDI UGANDA VS. REALTOR UGANDA: A COMPARATIVE ANALYSIS Navigating the Ugandan real estate market can be challenging, especially with multiple platforms offering various features and services. Here’s a comparative look at three prominent real estate platforms in Uganda: Real Estate Database (RED), Lamudi Uganda, and Realtor Uganda. Real Estate Database (RED).The Real Estate Database (RED) is renowned for being the largest property database in Uganda. It aggregates listings from a network of verified real estate websites, creating a comprehensive Multiple Listing Service (MLS). This integration allows users to access thousands of properties from various agents, brokers, developers, and property managers in one place. Key features include:- Extensive Listings: RED boasts thousands of properties, ensuring a wide variety of choices.- Verified Agents: Only vetted and approved agents can list properties, enhancing trustworthiness.- Search Efficiency: RED’s search engine pulls results from multiple sources, providing the most relevant
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Prime Property For Sale!
Location -
Naguru
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District -
Kampala
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Type -
Storeyed house
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Size -
six bedroom
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Status -
For Sale
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Code - 190157
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$ 1,000,000
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100 FASTEST GROWING LOCATIONS IN AND AROUND KAMPALA CITY FOR BUYING RESIDENTIAL LAND. Kampala's real estate market is rapidly expanding, with numerous areas around the city experiencing significant growth. Based on the latest RED statistical analytics, we have identified the top 100 fastest-growing locations for buying land or houses, arranged and ranked in order of growth.
This boom is driven by rapid urbanization, a growing economy, and increasing demand and supply in these areas. A key observation is that the fastest-growing areas are "generally" more expensive. However, there are exceptions like Kololo, which, despite being very expensive, is ranked 39th due to its slower growth. This slow growth is attributed to the limited supply of land and low demand caused by high price points.
In this blog, I highlight a selection of these promising locations, providing a snapshot of the factors contributing to their growth and what makes each area unique and attractive for residential living and investment. Feel free to scroll through the entire list, find t
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