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100+ search results, Furnished listings only
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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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WHY THE RED, DESPITE ITS CHALLENGES, REMAINS YOUR BEST PROPERTY LISTINGS PLATFORM IN UGANDA.
Having access to accurate and up-to-date property listings is crucial for both buyers and sellers in the fast-paced world of real estate. In Uganda, despite the inherent challenges of an unregulated market, the Real Estate Database (RED) has over several years emerged as the best option in the property listings market. While it may have its challenges too, RED still remains the top property listings platform for: Agents Brokers Realtors and Developers in Uganda, and in this blog, we'll explore why.
1. Extensive Coverage.One of the key strengths of RED is its extensive coverage of properties across Uganda. Whether you're looking for a residential house in Kampala or a commercial space in Jinja, RED has listings from most prime locations within the country unlike any other. This wide coverage ensures that potential buyers and sellers have access to a diverse range of properties, increasing their chances of finding the right match.2. User-Friendly Interface.RED boasts a user-friendly and
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WHAT IS REQUIRED TO JOIN THE REAL ESTATE DÁTABASE (RED)?
The Real Estate Database (RED) is the largest database of properties in Uganda that offers numerous benefits to real estate agents, brokers, realtors and developers, providing them with a wider reach and increased visiibility. Lets explore the requirements and advantages of joining the Real Estate Database (RED) and how it can help you to grow your real estate business.
Registration details
Registration is the initial step to becoming a member of the Real Estate Database (RED). After completing the registration process, you can proceed to subscribe and list all your properties on our various platforms. To accomplish this, click here to visit the "Registration page" and provide either your individual details or those of your company if you are a team. Upon completion, you will receive a Username and Password, which you can use to access your newly created RED account and begin your real estate journey.
Submission of Documents
You will need to provide specific documents based on yo
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DON'T WAIT TO INSTALL THE RED APP, INSTALL THE RED APP AND WAIT.
As the real estate market continues to evolve and expand, keeping up with the latest trends and properties can be a daunting task. However, with the Real Estate Database (RED) App, you can easily stay up-to-date on all the latest listings and market information by simply installing the RED App and then wait for notifications and alerts related to real estate.
The RED App is a powerful tool designed to help buyers, sellers, and investors make informed decisions about real estate transactions. With its intuitive interface and advanced search features, you can easily find the perfect property that meets your specific needs and budget.
So why should you download the RED App? Well, for starters, it offers a comprehensive database of properties from all over the world. From luxury homes to commercial properties, the RED App has it all. You can browse through photos and virtual tours of properties, as well as get detailed information about each listing, such as price, location, and
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WHAT IS A LISTING AGREEMENT AND WHAT ARE IT'S ADVANTAGES?
A listing agreement is a contract between a property owner and a real estate agent or broker that outlines the terms and conditions of the relationship between the two parties. The agreement lays out the responsibilities of both the owner and the agent, as well as the compensation the agent will receive for his or her services. In this article, we will explore the different types of listing agreements and the challenges and advantages associated with each.
Types of Listing Agreements
Exclusive Right to Sell Listing Agreement: This is the most common type of listing agreement and it gives the agent the exclusive right to sell the property for a specified period of time. If the property is sold during that time, the owner is obligated to pay the agreed-upon commission to the agent, regardless of who actually sells the property.
Exclusive Agency Listing Agreement: This type of agreement allows the owner to sell the property on their own, but if the property is sold with t
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HOW TO NETWORK AS A REAL ESTATE AGENT
Networking is an essential aspect of being a successful real estate agent. Networking allows you to build relationships with other professionals, gain new clients, and stay up-to-date on industry trends. Here are some tips on how to network as a real estate agent:
Attend industry events
One of the best ways to network as a real estate agent is to attend industry events such as conferences, trade shows, and networking events. These events provide a great opportunity to meet other professionals in the industry and build relationships.
Join industry organizations
Joining industry organizations such as the Association of Real Estate Agents (AREA) or any other local real estate associations is another great way to network. These organizations offer networking events, educational resources, and opportunities to connect with other professionals in the industry.
Use social media
As a real estate agent, social media is an excellent tool for networking. By joining the l
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WHAT IS A LATE RENT NOTICE, AND WHÈN SHOULD YOU WRITE ONE?
As a property manager, it is your responsibility to ensure that rent is being paid on time. Late rent payments can cause a significant disruption to your cash flow, and it is important to address any issues promptly and professionally.
When a tenant fails to pay rent on time, one of the first steps you should take is to send a Late Rent Notice. This notice should inform the tenant of the outstanding balance, any late fees or penalties that may apply, and the deadline by which the tenant must pay the outstanding amount. The notice should also outline the consequences of failing to pay by the deadline.
Late Rent Notices are an important tool for property managers because they help to ensure that tenants are aware of their responsibilities and the consequences of failing to meet them. By sending a Late Rent Notice, you can demonstrate to the tenant that you take your responsibilities seriously and expect the same level of responsibility from them.
When writing a Late Rent Notic
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WHAT HAPPENS NEXT WHÈN THE SELLER REFUSES TO PAY COMMISSION TO THE REAL ESTATE AGENT?
When a real estate agent helps a seller to sell their property, they are typically entitled to a commission for their services. This commission is usually a percentage of the sale price and is paid by the seller. However, in some cases, the seller may refuse to pay the commission to the agent. In this blog, we will explore what can happen when a seller refuses to give the agent their commission.
Review the listing agreement.
The first step that the agent should take is to review the listing agreement that was signed by both the seller and the agent. This agreement will outline the terms and conditions of the agreement, including the commission that the agent is entitled to. It may also include provisions for what happens in the event of a dispute.
Communicate with the seller.
The next step is to communicate with the seller and try to understand why they are refusing to pay the commission. It is possible that there was a misunderstanding or miscommunication that can be resolve
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REAL ESTATE DÁTABASE (RED) SURVEY AND FREE SUSBSCRIPTION.
Are you a real estate Agent, Broker, Realtor, or Developer? We invite you to participate in our survey, designed to gather valuable insights into the unique needs and challenges faced by professionals like you in the real estate industry. Your input will play a significant role in shaping the future of the Real Estate Database (RED), ensuring that our platform remains a powerful tool for supporting the growth and success of your business. To show our appreciation for your time and insights, we are offering an exclusive reward: 3 months of FREE SUBSCRIPTION to the RED upon completing the survey.Your feedback is of utmost importance to us, as it will provide a deeper understanding of the key issues and areas of improvement that need to be addressed to better serve your business. We want to hear about the hurdles you face, the resources you need, and the opportunities that can help you achieve your goals. By sharing your experiences, you will contribute to the development of a more respon
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