2 bedroom Apartment for rent in Namugongo Wakiso Uganda, code: 140001
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Brand new 2 bedroom, 2 Bathrooms, sitting, dinning for rent in #Namugongo at #800k Ugx per month. Spacious 👌From the kitchen, bathrooms to all bedrooms.
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100+ RELATED PROPERTIES
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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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REAL ESTATE: INSIDER SECRETS YOU MUST KNOW.
The world of real estate is dynamic, fast-paced, and full of opportunities, but navigating it successfully requires more than just surface-level knowledge. Whether you're a buyer, seller, investor, realtor, broker or agent, understanding the "insider secrets" of the real estate industry can give you a significant edge. Here's your guide to the tips and tricks that professionals use to stay ahead. Timing is Everything. In real estate, market timing can be the difference between a great deal and a regrettable one.
For Buyers: Look for opportunities in the off-season when competition is lower. Prices often dip between major holidays or during the school year.
For Sellers: List your property in the spring or early summer when demand is typically highest, ensuring a quicker sale and better offers.
Location, Location, Location. The adage remains true: location is king.
Even the most luxurious house can struggle to sell in an unfavorable area.&nb
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WHICH IS THE BEST TIME TO BUY A HOUSE IN UGANDA?
Buying a house is one of the most significant financial decisions you can make, and timing plays a key role in ensuring you get the best deal. In Uganda, a country with a fast-growing economy and a dynamic real estate market, the best time to buy a house can vary based on a few factors. In this blog, we'll guide you through the prime time to buy a house in Uganda, offering insights to help you make an informed decision. Take Advantage of the Low Season.The best time for you to buy a house in Uganda is during the low season. Typically, the low season falls between the months of January and March, sometimes it extends into April and May. This period is characterized by reduced demand for housing, giving buyers the upper hand in negotiations. Sellers may be more flexible and willing to lower their prices to secure a sale. If you're looking to make a purchase without competing against too many other buyers, the low season offers the perfect window of opportunity. The Economy Matters.
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REAL ESTATE CONTRACT MANAGEMENT: A COMPREHENSIVE GUIDE.
In the fast-paced world of real estate, managing contracts efficiently is crucial. With the digitization of many business processes, real estate contract management has become more streamlined and accessible.
This guide provides an in-depth look into the process of contract management in real estate, from understanding digital signature requirements to creating and executing contracts. Whether you're a seasoned professional or new to the field, these easy-to-follow instructions will help you stay organized and efficient in your contract management. Understanding Digital Signature Requirements. What is a Digital Signature?A digital signature is an electronic form of a signature that provides authenticity and integrity to a digital document. It ensures that the document has not been altered and verifies the identity of the signer. Legal Validity of Digital Signatures.Digital signatures are legally binding in many countries, including the United States, under the ESIGN Act and UE
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ENTER YOUR DETAILS BELOW AND DIXON WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 140001
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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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