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100+ search results, Listings snapshot
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WHAT HAPPENS NEXT WHÈN THE SELLER REFUSES TO PAY COMMISSION TO THE REAL ESTATE AGENT?
When a real estate agent helps a seller to sell their property, they are typically entitled to a commission for their services. This commission is usually a percentage of the sale price and is paid by the seller. However, in some cases, the seller may refuse to pay the commission to the agent. In this blog, we will explore what can happen when a seller refuses to give the agent their commission.
Review the listing agreement.
The first step that the agent should take is to review the listing agreement that was signed by both the seller and the agent. This agreement will outline the terms and conditions of the agreement, including the commission that the agent is entitled to. It may also include provisions for what happens in the event of a dispute.
Communicate with the seller.
The next step is to communicate with the seller and try to understand why they are refusing to pay the commission. It is possible that there was a misunderstanding or miscommunication that can be resolve
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REAL ESTATE AGENTS HAVE A BIG PROBLEM WITH LEAD FOLLOW UP.
Real estate agents are constantly collecting leads from referrals and from several other top sources like the Real Estate Database (RED) or Lamudi Uganda and Realtor Uganda. These leads are the lifeblood of their business, and every agent dreams of converting these leads into successful transactions.
However, there's a significant challenge that plagues the real estate agency business, its the "lead follow-up problem". Despite gathering a multitude of leads throughout the year, a substantial number of these leads fall through the cracks, and many go unattended to.Let's take a look at the numbers.
A real estate agent receives an average of about three new leads a day. That amounts to approximately 90 leads every month, culminating in a staggering 1,080 leads in a year. Yet, if you were to ask an agent how many leads they are actively following up at the moment, they'll likely provide a list of not more than 30 leads, most of which were generated within the last two months. So,
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HOW A FOREIGNER CAN OWN OR BUY LAND IN UGANDA
Acquiring land in a foreign country can be a daunting task, but for those daring to take the leap, Uganda offers a world of untapped potential for investment opportunities. With its fertile soil, growing economy, and rich cultural heritage, Uganda is a land of limitless possibilities. So, are you ready to turn your dreams into reality? Here's everything you need to know about acquiring land in Uganda as a foreign national.
Conduct Thorough Research: Before taking the plunge, it's essential to conduct due diligence on the property you are interested in and the local laws and regulations. This will ensure that you are fully informed and prepared for the journey ahead.
Hire a Local Legal Expert: A local attorney with experience in foreign land acquisitions is your key to success. They will guide you through the legal maze and ensure that all necessary approvals and documentation are obtained.
Get Government Approval: Uganda requires foreign nationals to obtain a
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SHOULD YOU INVEST IN RESIDENTIAL PROPERTY OR COMMERCIAL PROPERTY?
Real estate investment can be a lucrative endeavor, offering potential for significant returns and portfolio diversification. However, when it comes to real estate, one of the fundamental questions investors face is whether to invest in residential property or commercial property.
Both options have their advantages and drawbacks, and choosing the right one largely depends on your financial goals, risk tolerance, and investment strategy. In this blog, we'll delve into the key factors to consider when deciding between residential and commercial property investment.
Residential Property Investment
Steady Rental Income: Residential properties typically offer a steady stream of rental income, making them an attractive option for passive income seekers. People will always need a place to live, which means consistent demand for rental housing.
Easier Management: Managing residential properties can be more straightforward than commercial properties. Tenants are generally responsi
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REAL ESTATE AGENT’S GUIDE TO MAKING A GOOD FIRST IMPRESSION.
First impressions are everything in the world of real estate. Whether you're meeting a potential client for the first time or showing a property, the way you present yourself can make or break a deal. A good first impression can set the tone for a successful and productive working relationship. Here's a comprehensive guide for real estate agents on how to make a positive first impression:1. Dress Professionally.Your appearance is the first thing people notice about you. Dressing professionally is a must for real estate agents. Opt for business attire that's clean, well-fitted, and appropriate for the occasion. For first meetings, consider wearing a suit or a professional dress. Dressing well not only shows respect for your clients but also conveys your professionalism and attention to detail.2. Be Punctual.Arriving on time is a simple yet crucial aspect of making a good first impression. Whether it's a meeting with clients or a property showing, being punctual demonstrates your reliabi
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Shops to let in kireka
| Location -
Kireka
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| District -
Wakiso
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| Type -
Shop
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Size - 150 Sq Meters
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| Status -
For Rent
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Code - 204189
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Ugx 200,000
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HOW TO START A REAL ESTATE AGENCY BUSINESS IN UGANDA
Starting a real estate agency business in Uganda can be a rewarding and profitable venture, as there is a high demand for property and rental services in the country. However, starting a real estate business requires careful planning, market research, and a thorough understanding of the industry and local regulations. Here are some steps to help you get started on your real estate agency business in Uganda:Research the market: Before starting your business, it's important to research the real estate market in Uganda, including the demand for rental and property services, the competition, and the most popular areas for investment.Develop a business plan: A comprehensive business plan will help you outline your goals, strategy, and financial projections. It will also help you secure funding, if needed, and attract potential investors as well as outline how you plan to run your business.Register your business: You will need to register your business with the Registrar of Companies in Ugan
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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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YOUR LESSONS FRÓM MY FAILED REAL ESTATE PARTNERSHIPS.
Real estate partnerships can be a great way to pool resources, expertise, and capital, but they can also be risky and complicated if not handled properly. I've been through several failed partnerships in the real estate business, and along the way, I learned some valuable lessons. If you're thinking about forming a partnership in real estate, here's my advice based on my own experiences, what went wrong and how you can avoid those pitfalls. When the Money Comes In, Attitudes Change.One of the most significant lessons I've learned is that everything seems to work well in a partnership, until the money starts flowing in. When that happens, people's attitudes can change quickly. Greed, jealousy, and independence often emerge once the business starts generating income. This shift can lead to conflicts, mistrust, and even the collapse of what initially seemed like a promising partnership.In my past experiences, I found that partners who are easy to work with before the money cames in often
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HAPPY NEW YEAR 2025!
As we bid farewell to the extraordinary year of 2024, let's welcome 2025 with unwavering optimism and a shared commitment to achieving new heights of success together!
In 2025, our focus at RED is crystal clear: "to elevate our collective efforts in generating qualified leads and also to increase property sales" for all our subscribers.Your professionalism and dedication to delivering high-quality, fresh listings, coupled with exceptional customer care, are the pillars that will continue to uphold the trust and confidence our users place in the RED platform.Let's embark on this new year journey with renewed vigor, passion, and a shared vision that will make 2024 a remarkable year for all of us. Together, we can create unparalleled success and foster lasting relationships within the Ugandan Real Estate Database community.Happy New Year 2025!
Kind RegardsJulius CzarAuthor: Julius CzarCompany: Zillion Technologies LtdMobile: +256705162000 / +256788162000Email: Julius@R
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