1 bedroom Apartment for rent in Kira Wakiso Uganda, code: 136519
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Double rooms apartments for rent at #550k
in #kira.
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QR CODE
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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WHO PAYS THE REAL ESTATE AGENT'S COMMISSION WHÈN YOU BUY OR SELL A HOME?
When buying or selling a home, one of the questions that may come to mind is who pays the real estate agent's commission. The answer is not always straightforward, as it can vary depending on the circumstances of the transaction. In this article, we will explore the different scenarios in which the commission is paid and who is responsible for it.
The role of real estate agents in a transaction
Before we delve into who pays the commission, it's important to understand the role of real estate agents in a transaction. Real estate agents act as intermediaries between buyers and sellers, helping both parties navigate the complex process of buying or selling a home. They provide valuable services such as marketing the property, scheduling and hosting open houses, negotiating offers, and handling the paperwork involved in a sale.
In exchange for these services, real estate agents receive a commission, which is a percentage of the sale price of the property. The commission is typic
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HOW TO START YOUR CAREER AS A REAL ESTATE AGENT IN UGANDA.
Entering the dynamic world of real estate in Uganda can be an exciting and rewarding journey. As a real estate agent, you will have the opportunity to help people find their dream homes, guide investors in making wise property decisions, and contribute to the growth of Uganda's real estate market. In this blog, we'll explore the steps to kickstart your career as a real estate agent in Uganda, offering insights and tips to set you on the path to success.1. Understanding the Ugandan Real Estate Market:Before diving into a real estate career, it's crucial to familiarize yourself with the local market trends, property values, and legal regulations. Uganda's real estate market has experienced significant growth in recent years, presenting ample opportunities for newcomers.2. Educational Requirements:While there are no strict educational requirements to become a real estate agent in Uganda, having a background in business, finance, or a related field can be advantageous. Additionally, consid
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WHO EXACTLY IS VINCENT AGABA?
It was the year 2007 when I first met a gentle man called Vincent Agaba, a man who would go on to revolutionize the real estate sector in Uganda. At that time, Vincent had recently established a property management company called Avarts Housing Limited. Their office was located on Plot 66 Kenneth Dale Drive in Kamwokya, before later relocating to Embassy Plaza along Ggaba Road. Meanwhile, I had just also recently launched the Real Estate Database (RED) and was seeking established agencies to join and list their properties on the new platform.
One day, while moving along Kira Road, I noticed the Avarts signpost and decided to pay them a visit. I was eager to meet the people behind the company and see if we could strike a deal to join the RED. I sat down with Vincent and explained the concept of the RED. He was not only impressed but also mentioned that he was already familiar with a similar platform called Funda in the Netherlands, where he had studied International Business an
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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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THE RED’S ONLINE SUBSCRIPTION PAYMENT MODEL IS BETTER THAN THE PREVIOUS INVOICING MODEL.
The Real Estate Database (RED) has always strived to provide a seamless and efficient experience for its agents. Initially, we operated with an invoicing system for annual subscriptions. However, it quickly became clear that this model had significant drawbacks. Agents could delay payments for months, while using the active services as a means to extend their subscription without paying the full amount upfront. This not only caused cash flow issues for RED but also added administrative overhead in chasing down these payments.The Rise of Mobile Money: A Game-Changer.The introduction of mobile money completely transformed the way RED handles payments. By allowing online prepayments in smaller, manageable amounts, agents could now conveniently pay in advance without feeling the pressure of settling a large annual bill. This shift saved RED from the time and resources involved in collecting partial payments, which often required multiple trips.Why We Moved Away from the Invoicing Model.It
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IT'S TIME TO EMBRACE EXCLUSIVE LISTINGS OVER OPÈN LISTINGS.
In a recent encounter with Shirley Kongai, the president of AREA Uganda, on LinkedIn, she made a post with the exact same title as this blog, which inspired me to write about the topic. I liked and supported her post on LinkedIn, despite the fact that such a stance conflicts with my open market, capitalistic ideology.
However, given the current chaos in our local real estate market added to the fact that too many agents are selling the same properties, it's clear that exclusive listings could help solve many of the duplication issues on the Real Estate Database (RED), which often lead to inconsistencies.
While the traditional model of open listings may offer flexibility, exclusive listings have several advantages that can lead to better outcomes. However, it's also essential to acknowledge the potential downsides. Let's explore why property owners in Uganda should consider embracing exclusive listings, while also understanding the challenges. What Are Exclusive L
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OPÈN HOUSES ARE PIONEERING A NEW ERA IN SCHEDULED PROPERTY VIEWINGS IN UGANDA.
Open House in the RED context typically refers to an event during which a property is available for public viewing by potential buyers. It is a scheduled date when the property is open to the general public for mass viewing, and interested individuals can walk through the space to gain a better understanding of its layout, features, pricing options and overall condition.The Real Estate Database (RED) now empowers its subscribers to schedule, organize and promote Open Houses as a marketing strategy to attract potential buyers and generate massive interest in specific listings. This approach allows a larger number of people to view the property in a more interactive or casual and flexible setting compared to scheduled private showings.During an open house, visitors have the opportunity to explore the property, express interest, ask questions, and gather information about the home. Open houses are specifically designed for individuals currently contemplating home ownership. They offer a v
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WHICH IS THE BEST TIME TO SELL YOUR HOUSE?
For most people, their house or land is one of their most valuable assets. However, there comes a time when selling it becomes necessary. Whether you're downsizing, upgrading, or need to relocate, there are several factors to determine the right time to sell your house.
The current real estate market:
The state of the real estate market can play a significant role in determining the right time to sell. It's important to do your research and understand whether it's currently a buyer's or seller's market. A seller's market means that demand for properties is high, and inventory is low. This can result in higher selling prices, making it a good time to sell your property. On the other hand, a buyer's market means that there are more properties for sale than buyers, which can result in lower selling prices. If you're unsure about the current state of the market, consult with a local real estate agent for guidance.
Your financial situation:
Your financial situa
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THE ADVANTAGES OF BUYING A PROPERTY IN AN ORGANIZED AND SERVICED ESTATE.
Purchasing property is one of the most significant investments a person can make in their lifetime. When making such a substantial investment, it's crucial to consider all the factors that can enhance your quality of life, offer peace of mind, and ensure long-term value.
One option that has gained popularity in recent years is buying property in an organized and serviced estate. Estate developments offer a plethora of advantages that go beyond the traditional real estate purchase. In this blog, we will explore the numerous benefits of investing in a property within a well-structured and serviced estate.1. Security and SafetySafety is a top priority for most homeowners, and organized and serviced estates often excel in this regard. These developments typically have controlled access points, security personnel, and surveillance systems in place, creating a secure environment for residents. With gated entrances and vigilant security teams, residents can enjoy a heightened sense o
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ENTER YOUR DETAILS BELOW AND DIXON WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 136519
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INSTALLMENT PAYMENT INQUIRY FORM
Please fill out the inquiry form below with all required details. You will receive a response from Goldmine Finance within 48 hours, advising you on installment payment options for your preferred property based on the information provided.
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