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45 search results, Villas for sale in Kira Wakiso (Sponsored)
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DO YOU SUPPORT OR OPPOSE THE IDEA OF REAL ESTATE AGENTS CHÁRGING SEARCH FEES?
I previously engaged in a constructive phone dialogue with Dr. Rachael Mirembe, a distinguished figure within Uganda's real estate landscape. Our conversation stemmed from a past encounter on Twitter Spaces, during which we held differing opinions on the practice of real estate agents charging search fees. My intention of reaching out to her was to bridge our perspectives and establish common ground.
Initially, Dr. Mirembe strongly supported the elimination of search fees within the Ugandan real estate market, citing her experiences in South Africa where search/such fees were not customary. Her argument was centered on the belief that an agent's income should be derived solely from commissions earned after a successful sale and not from search fees.
However, our conversation led us to a shared understanding. We both recognized the necessity of search fees to deter time-consuming property tours by speculators and casual real estate enthusiasts also know as real estate to
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UNDERSTANDING THE LAND TENURE IN UGANDA AND ITS IMPACT ON REAL ESTATE OWNERSHIP
Uganda is a country with a complex land tenure system, which has significant impacts on real estate ownership. The system is a result of a mix of different land tenure systems inherited from Uganda's colonial past, which have evolved and adapted to the country's changing political, social, and economic circumstances. In this blog, we will examine the different types of land tenure in Uganda and their impact on real estate ownership.
Mailo Land: Mailo land is a type of land tenure system that was introduced in Uganda during the colonial period. It is prevalent in central Uganda, where it covers about 30% of the land area. Mailo land is a freehold system where the land is owned by individuals or families who have the right to use, sell, or lease it. However, the landowners only have ownership rights to the surface of the land, as the government retains ownership of the minerals and subsoil.
The main challenge with the Mailo land system is that it has led to fragmented landowner
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STEPPING OUTSIDE YOUR COMFORT ZONE AS A REAL ESTATE AGENT. In the dynamic world of real estate, success often lies beyond the confines of our comfort zones. As a real estate agent, it's easy to settle into familiar routines and rely on the strategies that have brought you some level of success. However, embracing new challenges, exploring uncharted territories, and pushing the boundaries of your comfort zone can lead to tremendous growth and opportunities in your career. In this blog, we will delve into the context of real estate agents and discuss practical ways to step out of your comfort zone and unlock your true potential.
Embrace Continuous Learning:
One of the most effective ways to step out of your comfort zone as a real estate agent is by committing to lifelong learning. The real estate industry is constantly evolving, and staying on top of the latest market trends, regulations, and technologies is crucial. Attend workshops, seminars, and conferences to expand your knowledge base, and consider obtaining advanced certifications or
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THE GOOD THE BAD AND THE UGLY IN UGANDA'S REAL ESTATE INDUSTRY.
Uganda's real estate industry has been growing steadily in recent years, with more and more investors looking to tap into the country's vibrant property market. However, like any industry, there are both good and bad aspects to Uganda's real estate market, and some practices can even be considered ugly.
The Good: A Growing Industry
One of the positives of Uganda's real estate industry is that it is growing at a steady pace. According to the World Bank, the country's GDP growth rate was 6.5% in 2019, which is expected to continue in the coming years. This growth has had a positive impact on the real estate industry, with more and more investors entering the market to take advantage of the opportunities.
Another positive is that Uganda's real estate market is relatively untapped, with vast tracts of land available for development. This presents an excellent opportunity for investors looking to invest in the industry. Additionally, the country has a growing middle class, which is
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