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100+ search results, latest listings only
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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 RISING TIDE OF REAL ESTATE TRAINING INSTITUTIONS.
Recently, I had the privilege of being invited by the Global Institute of Property Studies to share my insights on property marketing and the role of Proptech in the real estate business, particularly focusing on platforms like the Real Estate Database (RED).
It was truly invigorating to engage with a group of enthusiastic students who were eager to learn from my years of experience about the dynamics of the real estate industry and the tools that could help them succeed in this dynamic field.
Global Institute of Property Studies, founded by Dr. Rachael Mirembe, a distinguished educator and an accomplished figure in the real estate sector, is just one of the many institutions dedicated to training the next generation of real estate professionals.
The emergence of real estate training institutions is a positive sign for the future, promising greater orderliness and professionalism in a sector that has often operated without defined rules and standards.
The Importance of Proptech i
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THE PROS AND CONS OF BUYING AGREEMENT LAND IN UGANDA.
Buying land in Uganda can be a promising investment opportunity, but it's essential to carefully consider the type of land you're purchasing. One option that often arises is agreement land which is usually made up of parcels of land sold without a formal title. While agreement land can offer certain advantages, it also comes with its own set of challenges and risks. In this blog post, we'll explore the pros and cons of buying agreement land in Uganda to help you make a more informed decision. Advantages of Buying Agreement Land.Lower Cost.
One of the most significant advantages of agreement land is its affordability. Compared to titled land, agreement land tends to come with a lower price tag, making it accessible to individuals or investors with limited financial resources.Flexible Payment Plans.
Buyers of agreement land often have the flexibility to negotiate payment terms directly with the landowner. This can be particularly advantageous for those who cannot afford to pay the fu
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PROPERTY MANAGERS ARE MISSING IN THE LANDLORDS AND TENANTS ACT
Property managers are (in)famous for evicting tenants. A tenant who was once thrown out of his apartment (read premises) will never forget the property manager who threw him out.
It so happens that most of the times I have interacted with property managers, they will occasionally make or receive a call from a problematic tenant and then exchange tough words in my presence.
The very first property manager I interacted with in Uganda is called Andrew Mukiibi from Premier Property Lettings Ltd, that was way back in 2006 when i was trying to make my entry into the real estate industry, at that time, his office was on 1st street, next to what was then known as Ange Nior Discotheque.
When I went to his office, I found him in a very horrible mood as he was in the midst of a heated and lengthy phone argument with a problematic tenant at the time when I arrived.
I even contemplated rescheduling my meeting with him based on the assumption that our meeting may be affected by his mood, and thu
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WHY DOES THE LOCATION OF A PROPERTY MATTER SO MUCH IN REAL ESTATE?
Location, location, location! It's the age-old mantra of the real estate industry, and for good reason. The right location can make or break a property, and savvy buyers and investors know that picking the perfect spot can mean the difference between a profitable investment or a costly mistake.
Real estate is all about location. It's a phrase that we've all heard countless times, and for good reason. Location is one of the most important factors when it comes to real estate. Whether you're looking to buy a home, invest in a property, or rent a commercial space, the location of that property will have a significant impact on its value, potential for growth, and the lifestyle of its occupants.
Here are some of the key reasons why location matters so much in real estate:
Access to amenities and services. The location of a property can determine the level of access to amenities and services. For instance, a property located in a city center may have easy access to shopping centers
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HOW TO CONVINCE THE SELLER TO SIGN YOUR COMMISSION AGREEMENT
Buying or selling a property can be one of the most exciting and nerve-wracking experiences in a person's life. As a real estate agent, you play a critical role in helping your clients navigate this process smoothly.
However, convincing a property seller to sign a commission agreement can be a daunting task. But don't worry! With a little bit of creativity and a lot of hard work, you can make the process more exciting and increase your chances of success.
Here are some tips on how to convince the property seller to sign a commission agreement with you:
Highlight the benefits of working with an agent: Let the seller know that working with you will be a game-changer. As a professional real estate agent, you have a wealth of knowledge about the market and can help them navigate the complex process of buying or selling a property. Explain how you will save them time, money, and hassle, and make the process fun and exciting.
Show your track record: There's nothing more impressiv
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THE FUNNIEST REAL ESTATE QUOTES FR0M CELEBRITIES AND PUBLIC FIGURES.
Real estate has been a popular topic for many celebrities and public figures, with some even sharing their thoughts and opinions in humorous ways. Here are some of the funniest real estate quotes from celebrities and public figures:
"I'm not a real estate expert. In fact, I would say that I have the anti-Midas touch when it comes to real estate. My properties always go down in value." - Donald Trump
"Location, location, location. You hear it all the time. But what does it mean? This is what it means. Location is the most important thing when it comes to real estate. Location, location, location!" - Barbara Corcoran
"I refuse to spend my life worrying about what I eat. There is no pleasure worth forgoing just for an extra three years in the geriatric ward." - John Travolta (on why he bought a house next to an airport)
"When it comes to real estate, the three most important things are location, location, and Howard Hughes money." - Chris Rock
"The best in
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UGANDA BUDGÈT 2024/25: WHAT DOES IT MEAN FOR REAL ESTATE?
The Ugandan government recently unveiled its budget for the 2024/25 fiscal year, outlining plans to accelerate economic growth. While the budget doesn't directly target real estate as a whole, some key areas could indirectly impact the sector. Let's break down what this means for you.
Focus on Growth.
The budget prioritizes economic expansion, aiming for GDP to reach Shs 225.5 trillion (USD 60 billion). This growth is projected to be driven by increased activity in the oil and gas sector, with first oil production expected in FY2025/26.
Impact on Real Estate.
A growing economy often translates to a rise in demand for housing, particularly in commercial sectors. This could benefit developers building offices and apartments in areas with projected job growth. Additionally, increased government spending could lead to infrastructure improvements, making certain locations more attractive for real estate development.
Affordability Concerns Remain.
The budget does not explicitly add
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BLOCKS OR BRICKS, WHICH ONE IS THE BEST OPTION FOR YOUR DREAM HOUSE?
When embarking on the exciting journey of building your dream house, one of the most crucial decisions you'll face is choosing the right construction material. Blocks and bricks are two of the most common materials used in residential construction.
They differ in terms of material, size, weight, and specific uses, each with its own set of advantages and disadvantages. Understanding these can help you make an informed decision that aligns with your vision, budget, and long-term needs.
The choice between blocks and bricks depends on the specific requirements of the construction project, including considerations for cost, strength, thermal properties, speed of construction, and aesthetic preferences.
Bricks. The Timeless Choice.Advantages.1. Aesthetic Appeal. Bricks are renowned for their classic, timeless look. They offer a natural, earthy aesthetic that can complement a variety of architectural styles, from traditional to contemporary.2. Durability.
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