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100+ search results, Furnished listings only
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I WOULD LIKE TO JOIN REAL ESTATE, WHÈRE DO I START?
The real estate industry is expansive, offering a variety of avenues for newcomers to explore and invest in. Starting your journey in this industry presents multiple pathways, each with its own set of opportunities and challenges.
Whether you're interested in buying and selling properties, managing rentals, or investing in developments, there’s a specific niche that suits your interests. This guide is designed to help you navigate and discover the different facets of the real estate world. 1. Real Estate Agency / Brokerage.
Starting as a real estate agent (or broker, or realtor) is one of the most common entry points into the real estate industry, largely due to its low cost of entry and the extensive exposure it offers. As a real estate agent, you will assist clients in buying, selling, or renting properties, earning commission on each successful transaction.To become a real estate agent in Uganda, you typically need to gather properties (commonly known as listings) fo
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THINGS DID NOT GO ACCORDING TO PLAN, SIMPLY BECAUSE THERE WAS NO PLAN AT ALL.
In real estate, achieving success is often a combination of timing, skill, and, most importantly, planning. Many real estate professionals, especially newcomers, can find themselves overwhelmed by the sheer pace of this industry and its demands. Yet, one of the most common pitfalls in real estate is a lack of planning, which can lead to frustration, missed opportunities, and avoidable mistakes. This blog explores why having a plan is essential in real estate and how setting clear, actionable goals can turn a chaotic journey into a strategic path toward success.Why Planning is a Non-Negotiable in Real Estate.Real estate is dynamic, requiring agents, brokers, investors, and property managers to juggle multiple tasks, prospecting clients, managing listings, marketing, negotiating deals, handling legalities, and more. Without a plan in place, these tasks can quickly become overwhelming, leading to poor decision-making and inefficient processes. Imagine navigating a complex market without a
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HOW SHOULD A REAL ESTATE AGENT PREPARE FOR A PROPERTY TOUR?
Preparing for a property tour is an essential part of being a successful real estate agent. Whether you are showing a home to a potential buyer or a potential renter, the way you prepare for the tour can make a big difference in the outcome. Here are some tips on how an agent should prepare for a property tour:
Research the property: Before you show a property, take the time to research it thoroughly. Make sure you know all the details about the property, including its location, size, age, and any other important features. This information will be helpful when answering questions from potential buyers or renters.
Familiarize yourself with the area: Research the area where the property is located, including the crime rate, local amenities, and school district. This information can help you highlight the benefits of the property and address any concerns that potential buyers or renters may have.
Clean and declutter the property: Before you show the property, make s
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THE TOP 3 REAL ESTATE WEBSITES IN UGANDA FOR BUYING AND SELLING PROPERTY.
In the digital age, the real estate market in Uganda is no exception to the transformative power of the internet. With an ever-expanding array of options, finding the perfect property can be both exciting and overwhelming. Fortunately, the top three real estate websites in Uganda are here to simplify your real estate journey, whether you're buying, selling, renting, or investing. These platforms are making waves in the industry, and here's why you should take notice.
1. www.RealEstateDatabase.net Your Mobile Real Estate Companion
Founded in 2010, RealEstateDatabase.net (RED) has been a pioneering force in Uganda's real estate scene. What sets RED apart is its commitment to transparency and user-friendliness. The RED mobile app is a game-changer, offering a seamless browsing experience for property seekers on the go.
Key Features:
A vast array of property options: RED boasts an extensive database of properties, ensuring that buyers have a wide selection to choose from.
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WHY ARE THERE NO LOCAL REAL ESTATE FRANCHISES IN UGANDA?
As Uganda's real estate market grows and matures, one curious observation is the scarcity of local real estate franchises. Unlike in more developed markets where franchises like RE/MAX, Knight Frank, and others thrive, Uganda's real estate industry remains largely dominated by independent agents and small, standalone agencies. A combination of market structure, regulatory conditions, and capital requirements has influenced the industry's development, steering it away from the franchise model. Let's explore the unique challenges facing local franchising in Uganda's real estate market, as well as examine some of the international real estate franchises and agencies that have established a presence in the country. Challenges Facing Local Real Estate Franchises in Uganda.High Capital Requirements. Franchising requires substantial upfront investment to cover branding, marketing, training, and technology infrastructure. For many local agents and agencies, these costs are prohibitively
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WHY WOULD YOU BUY A HOUSE ON A MAIN ROAD?
Buying (or renting) a house on a main road has several advantages (but also several disadvantages) as shown below:
Proximity to means of transport
Once you live close to a main road then you will have easy access to Bus stops, train stations, plus bike and walking trails. If transportation and recreational access mean a lot to you, then a street home could be a real advantage.
Secure access to businesses, schools, and security
Access to places of convenience is more secure in areas where there are lots of people on the street, this is true for locations that are on main roads. Main roads are better lit and have more shopping options, school choices, fire stations, and often a stronger security presence.
Pricing Discount
Houses on busy streets tend to sell at a discounted prices because most people prefer less traffic and noise than is found on a main road. That discount can be 5% to 10%, depending on the location. This can be an advantage for those who love to live on street home
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RED ANALYTICS REPORT. FRIDAY, NOVEMBER 1, 2024.
The RED Analytics Report is in fact a 30-day infographic snapshot of Uganda's Dynamic Property Market, The report for Friday, November 1, 2024, provides a live, real-time overview of Uganda's real estate activities over the past 30 days. By offering aggregated, continuously updated data on new listings, top-performing agents, key locations, trending categories, and top agencies, the report empowers buyers, sellers, investors, brokers, realtors and agents with the knowledge to make strategic decisions in an evolving market. Let's explore each section of the report in detail, while offering an insightful look into the trends that are currently shaping the property landscape. Active Listings: An Ever-Expanding Marketplace.The "Active Listings" section of the RED Analytics Report reflects the scope of properties currently available in Uganda's real estate market. With a total of 48,989 active listings, this section highlights the diversity of options available to potential buyers and
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DO YOU QUALIFY FOR A MORTGAGE IN UGANDA?
Qualifying for a mortgage in Uganda can be a significant financial milestone for individuals looking to purchase property. However, it is important to understand the requirements and qualifications before applying for a mortgage. Here are some factors that lenders typically consider when determining whether an individual qualifies for a mortgage in Uganda:
Credit score: Your credit score is a key factor that lenders consider when determining whether you qualify for a mortgage. A credit score is a numerical value that represents your creditworthiness and indicates how likely you are to repay a loan. In Uganda, a credit score of at least 550 is typically required to qualify for a mortgage.
Income: Lenders will also look at your income to determine whether you can afford to make mortgage payments. You will need to provide proof of income, such as pay stubs or tax returns, to show that you have a stable source of income.
Employment history: Your employment history is
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ARE YOU CURIOUS ABOUT WHAT’S FOR SALE OR RENT WITHIN YOUR CURRENT NEIGHBORHOOD?
Have you ever found yourself strolling through your neighborhood, gazing at houses or storefronts, and wondering what's for sale or rent? The Real Estate Database (RED) is here to transform your curiosity into a treasure trove of listings right at your fingertips. Whether you're searching for your dream home, scouting a new office space, or exploring investment opportunities, RED empowers you to explore the real estate landscape with ease. What does the RED have to do with your neighborhood?RED is a comprehensive platform designed to streamline your real estate search based on your specific needs and location. By leveraging advanced technology and real-time data, RED provides you with a curated selection of listings that align with your preferences and budget. Whether you're a first-time buyer, a seasoned investor, or someone simply curious about the local real estate market, RED is your gateway to a wealth of information. How does RED work for your neighborhood?Using RED is as simple
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