|
|
100+ search results, latest listings only
|
|
|
|
|
|
|
|
|
MY HOME IS NOT SELLING, NOW WHAT?
Selling a home can be an emotional and stressful experience, especially if your property has been on the market for an extended period without any offers. The longer your home stays on the market, the more frustrating and overwhelming it can become. So, what should you do when your home is not selling?
Here are some helpful tips to consider:
Re-evaluate your pricing strategy: One of the main reasons why homes don't sell is because they are overpriced. Take a step back and objectively look at your home's pricing strategy. Do some research on similar homes in your area that have recently sold and adjust your price accordingly. You may also want to consider lowering your asking price slightly to attract more potential buyers.
Consider your home's condition: Another reason why your home may not be selling is that it needs some work or is in poor condition. Buyers are looking for homes that are move-in ready, and if your home needs repairs or upgrades, it may turn off pot
|
|
|
|
|
|
MORNING MARKET BRIEF - MONDAY, NOVEMBER 25, 2024
I'm sorry for the misunderstanding, but as an AI model developed by OpenAI, I don't have real-time access to the internet or the ability to access current data. I can generate text based on a mixture of licensed data, data created by human trainers, and publicly available data, but I can't provide real-time updates or access proprietary databases. However, I can help generate a template or example of how such a report might look. Please note that the following information is simulated and does not reflect actual current conditions in Uganda's real estate market.Introduction:
Welcome to your Daily Morning Market Brief, your essential guide to Uganda's vibrant real estate market. Never start your day without a comprehensive Situation Report, Market Overview, or Status Report from the Real Estate Database (RED). Miss it, and you risk missing the pulse of the local real estate market. Overview:
The Ugandan real estate market is experiencing a dynamic period of growth and transformation, wi
|
|
|
|
|
|
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
|
|
|
|
|
|
IS IT HARAM (FORBIDDEN) FOR REAL ESTATE AGENTS TO SELL PROPERTIES DURING THE MONTH OF RAMADAN?
The Islamic holy book, the Quran, does not specifically talk about real estate agents. However, the principles of trade and commerce in Islam, as mentioned in the Quran and other Islamic texts, can be applied to the profession of real estate.
In Islam, there is no religious ruling that forbids real estate agents from selling properties during the month of Ramadan. The principles of trade and commerce in Islam encourage lawful and honest business transactions, and as long as the agent is fulfilling their obligations and conducting business ethically and legally, there is no prohibition
The profession of real estate agent, as we know it today, did not exist during the time of the Prophet Muhammad (peace be upon him). However, the principles of real estate transactions and property ownership were well established in Islamic societies at that time. The process of finding properties for sale or rent was likely different from what we see today with the use of modern real estate age
|
|
|
|
|
|
DID YOU KNOW THAT REAL ESTATE AGENTS ...
Beyond the familiar image of professionals helping you buy or sell a home, there's a wealth of knowledge and intricacies to explore. Join us as we unravel the lesser-known aspects of real estate agents with intriguing facts about them
1. Did you know that real estate agents undergo extensive training?Real estate agents often complete rigorous training programs to improve efficincy. This training includes learning about real estate laws, market trends, negotiation strategies, and ethical standards.2. Did you know that real estate agents can specialize in niche markets?Some real estate agents specialize in specific types of properties or markets, such as luxury homes, commercial real estate, or vacation properties. This expertise allows them to provide tailored services to clients with unique needs.3. Did you know that real estate agents use advanced technology in their work?From virtual tours and drone photography to advanced data analysis tools, real estate agents leverage cut
|
|
|
|
|
|
PROPERTY MANAGERS ARE PREPAYING LANDLORDS TO SECURE FACILITY MANAGEMENT DEALS: DOES IT WORK?
In the world of property management, there's a growing trend of prepaying landlords upfront to secure management contracts. This strategy, where a property manager offers the landlord the entire projected rental income (minus their management fees) upfront, aims to win over the landlord by eliminating their wait time for monthly income. However, despite its appeal, this approach carries notable risks and requires a deep dive into the pros and cons to see if it's really sustainable. Why Prepaying Works as a Strategy.The appeal of prepaying landlords is straightforward: it entices the landlords with immediate cash flow, reducing their need to worry about monthly collections or potential tenant default. This can be a highly attractive option, particularly for landlords who prefer a predictable income stream. By using this tactic, property managers can quickly expand their portfolio, showing landlords their financial commitment and trustworthiness. In a competitive market, this bold move c
|
|
|
|
|
|
THE SAME PROPERTY AT SEVERAL DIFFERENT PRICES, HOW DOES THAT HAPPEN?
When shopping for a property, it can be confusing to see the same property listed at several different prices. You might wonder how this could happen and if there is any benefit to you as a buyer. In this blog post, we'll explore the reasons why the same property might have multiple prices and what it means for you as a buyer.
Reasons for Different Prices of the Same Property
Pricing Strategy: One reason a property might have different prices is that the seller is using a pricing strategy. The seller may start with a higher price to test the market and see if there is any interest. If there is no interest, they may lower the price to attract potential buyers. Alternatively, they may start with a lower price to create a bidding war and drive up the final selling price without informing all the agents that are listing the same property.
Negotiations: Another reason for different prices of the same property is that negotiations may have taken place between the buyer and
|
|
|
|
|
|
HOW THE REAL ESTATE INDUSTRY CAN NAVIGATE THE TOUGH ECONOMIC TIMES.
In a world where economic uncertainties are inevitable, the real estate industry often finds itself at the crossroads of challenges during periods of slow economic growth. Recent developments, such as the World Bank's suspension of its loan funds, have added an extra layer of complexity, making matters even more challenging for regions like Uganda.
However, resilient and adaptive, this industry has proven time and again that it can weather even the toughest storms. In this blog post, we'll explore some strategic approaches that can help the real estate industry not just survive, but thrive during tough times in a sluggish economy, all while considering the additional hurdles posed by the suspension of World Bank's loan funds.
1. Diversify the Portfolio: When economic times get tough, it's crucial for real estate professionals to diversify their portfolio. Relying solely on one sector or type of property can leave you vulnerable to market fluctuations. Instead, consider expanding yo
|
|
|
|
|
|
HIGHLIGHTS FRÓM THE CONSULTATIVE MEETING ON REAL ESTATE REGULATION AND LICENSING WITH SRB.
On Friday, 30th August 2024, the Uganda Business Facilitation Center hosted a pivotal Consultative Meeting on Real Estate Regulation and Licensing. Members of AREA Uganda and several other real estate professionals convened to address the future of real estate agency regulation in Uganda.
The meeting featured two significant presentations: one by Moses D Lutalo from Broll Uganda and another by Ronald Ssengendo from the Surveyors Registration Board (SRB). Both provided valuable insights into the sector's current status and the steps being taken toward professionalizing and regulating real estate practices. First Presentation: Moses D Lutalo, Managing Director, Broll Uganda.Moses D Lutalo's presentation revolved around the importance of regulating the real estate industry in Uganda and the role of SRB in this process. He emphasized the significance of professionalizing the industry, citing that AREA Uganda, founded in 2008, aims to bring order to the sector. He outlined the lega
|
|
|
|
|
|