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100+ search results, Rental units for sale (Sponsored)
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THE REAL ESTATE BILL 2024: A CRITICAL ANALYSIS.
The draft "Real Estate Bill, 2024" is a bold attempt to streamline the real estate sector, offering much-needed regulation and clarity. However, a deeper dive into its provisions reveals significant adjustments that require immediate attention. Below is a critical analysis of the bill's strengths, weaknesses, and areas needing refinement. Title of the BillThe title of the bill could be: "The Real Estate Agency and Development Bill". Without the inclusion of the phrase "agency and development", the term "real estate business" or simply "real estate" is overarching and ambiguous in scope. Adding "agency and development" provides specificity and clearly delineates the focus of the bill, ensuring it adequately addresses the primary aspects of real estate practice. Inclusion of Key StakeholdersFor avoidance of doubt, the bill could explicitly include real estate managers, brokers (locally referred to as Bulooka), realtors and other synonyms within the definition or reference of
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THE ADVANTAGES AND DISADVANTAGES OF MOVING INTO AN INCOMPLETE HOUSE.
Are you tired of paying rent while waiting for your dream home to be completed? Consider moving into your incomplete house sooner rather than later, as long as it has the basic essentials and also meets the minimum habitation requirements, including the following:
Shelter and Structure: Roof, walls, doors, windows, locks, and ventilation.
Sanitation Facilities: Water source, toilets, bathrooms, and other plumbing.
Kitchen Facility: Cooking area, stove, and food storage.
Once you move in, you will quickly realize that the sooner you move into your incomplete house, the faster you will finish building it. This approach has its advantages and disadvantages, which we'll explore below.
Advantages.1. Stop paying rent. Use the money you would have spent on rent to complete your house. This will help you save money and invest it in your own property.2. Satisfying transformation. Experience the "before and after" transformation of your home as you complete it. Seeing the progress wil
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HOW TO ATTRACT YOUNG PROPERTY BUYERS
Buying a property is a major decision and one that requires careful consideration, especially for young buyers who are new to the market. As a seller or a real estate agent, it is important to understand what young buyers are looking for and how to attract them to your property.
Here are some tips to help you attract young property buyers:
Make it affordable Young buyers are often looking for affordable properties that fit within their budget. They may be just starting out in their careers or saving for a down payment on their first home. Consider pricing your property competitively and offering financing options such as a low down payment or a lease-to-own arrangement.
Focus on location Young buyers are often looking for properties that are close to their place of work, social activities, and amenities such as restaurants, cafes, and shopping centers. Highlight the location of your property and the nearby attractions that may appeal to young buyers.
Highlight t
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DO YOU KNOW ALL THE COMMON PROPERTY AMENITIES AT YOUR FINGER TIPS?
Real estate amenities are essential features that can significantly increase the value of a property. As a potential buyer or tenant or real estate agent, it's important to know which amenities are available on the Real Estate Database (RED) and what they offer. In this blog, we will explore some popular real estate amenities that can make your home more comfortable, secure, and enjoyable.
Air conditioning.
Air conditioning is a vital feature in regions with high temperatures. It helps to regulate the temperature and humidity of a room, making it more comfortable for occupants.
Alarm system.
An alarm system is a security feature that detects intruders and alerts the homeowner or security personnel. It's an essential feature for homes located in high-risk areas.
Balcony.
A balcony is an elevated platform that extends from the wall of a building. It's a great outdoor space that offers a panoramic view of the surrounding environment.
Barbeque.
A barbeque is a grill o
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WHICH ONES ARE THE MOST SECURE NEIGHBORHOODS IN KAMPALA.
In the fast growing city of Kampala, finding a safe and secure neighborhood to call home is a top priority for residents and newcomers alike. With a growing population and diverse communities, it's essential to navigate the city's various districts to identify the areas known for their safety and security. In this guide, we'll explore some of the most secure neighborhoods in Kampala, offering insights into what makes them stand out and why they are preferred by many residents. 1. Nakasero.Nakasero is often considered one of the safest and most upscale neighborhoods in Kampala. Located in the heart of the city, it is home to many government offices, diplomatic missions, and high end residential properties. The area is well patrolled by security personnel, and its well maintained streets and infrastructure contribute to its overall safety. Nakasero is surrounded by a range of city center amenities, including shopping malls, restaurants, and recreational facilities, making it an attractiv
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THE CONVENIENCE OF ONLINE MEETINGS FOR REAL ESTATE WEBSITE DEVELOPMENT.
As a website developer specializing in real estate, I have recently streamlined my communications and engagements, recognizing that online meetings with agents and developers are the most effective and convenient way to connect. Not only are online meetings incredibly efficient, but they also offer greater opportunities for engagement, flexibility, and cost-effectiveness, advantages that traditional face-to-face meetings simply cannot match.
Why Online Meetings Are a Perfect Fit for Real Estate Website Development.
One of the greatest advantages of online meetings is their convenience. Real estate is a dynamic industry, often requiring quick decision-making and rapid adjustments. With platforms like Zoom and Google Meet, meetings can be scheduled on short notice, ensuring that we can address issues or discuss updates as soon as they arise. This flexibility allows for collaboration to happen anytime and as frequently as needed, without the logistical challenges of coordinating trave
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HOW TO FIND THE HOTTEST PROPERTIES WITHIN A COMPETITIVE MARKET.
In a thriving real estate market, finding the hottest properties can seem like a race against time. As demand skyrockets, the most desirable listings are often snatched up before you even have a chance to schedule a viewing. However, by using a few savvy strategies, you can secure the best deals ahead of the competition. Here’s how you can find the hottest properties even in a competitive market:Leverage Real Estate Technology Platforms.Technology has revolutionized the way we search for homes. PropTech platforms like the www.RealEstateDatabase.net or www.Lamudi.co.ug or www.Realtor.ug offer cutting-edge tools that allow you to find properties based on specific criteria. These platforms give you real-time updates on listings, ensuring you’re among the first to know about newly listed properties. You can even set alerts based on your preferences, such as location, price range, and property type, so you’re notified the moment a hot property hits the market. Work w
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AGENTS ABANDONING THE PRACTICE OF TOPPING PROPERTY PRICES WITH COMMISSION.
Several years ago, when I first ventured into the Ugandan real estate market, a common practice among real estate agents was to top-up property prices with their commission. This practice resulted in each agent having their own price for the same property. Back then, it seemed like a normal part of doing business, as landlords were often unwilling to pay commissions on their quoted prices.
Agents resorted to topping-up property prices in order to secure their commissions, and the more they added, the more they earned. However, this practice had its downsides, including the hardening of landlords' hearts, locally known as "Okuzimba Omutima." As a proponent of capitalism and a believer in free market economics, I initially saw no issue with agents topping up prices. Buyers willingly paid the quoted price, and yet they had plenty of options to choose from. Moreover, topping-up property prices was not illegal.
However, times have changed, and this practice has become incr
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HOW MUCH DOES A GOOD REAL ESTATE APP COST?
Based on the simple fact that you are now reading the details of this article, you most likely already know that your real estate business should invest in an app.
However, you are wondering about the cost of a good real estate App which your clients can install on their phones and then get notifications of your new/latest listings plus offers so as to keep them engaged/addicted with your brand.How much does it really cost to develop a real estate mobile app?Well, to be honest, there are very many factors that affect app development costs. In general, the real estate app development cost depends on the following factors:
Features set
Design
Device (iOS and/or Android) and Technology
Experience in the development of real estate technologies.
The experience of the local real estate market by the person developing your app is a key issue regarding the success of your app development, and this largely depend on the location of the mobile app development company.
For example, a c
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