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Residential Land
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Available for sale is a private mailo land seated on 12 decimals.It is located in a good neighborhood ,water and power available with good road access.It is an excellent site for a residential home.Selling price is 25m ugx.installments are allowed.
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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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WHAT EXACTLY IS COMMINGLING IN REAL ESTATE, AND HOW DOES IT APPLY TO REAL ESTATE AGENTS
Commingling is a term that is commonly used in the real estate industry. It refers to the practice of mixing clients' funds with the real estate agent's own money in a single account. In other words, commingling is when a real estate agent uses their clients' money for personal use or puts it in their own account.
Commingling can have serious consequences for both the real estate agent and their clients. For example, if a real estate agent is found to be commingling their clients' funds, they can lose their license and face fines or other penalties. Clients, on the other hand, may lose their money or have their transactions delayed or disrupted.
Real estate agents are required to follow strict regulations when it comes to handling their clients' funds. These regulations are designed to protect clients from fraud and ensure that their funds are used for the intended purpose. For example, real estate agents are required to maintain separate accounts for their clients' funds and
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THE BAN ON RENTAL PROPERTY LISTINGS WITH INDOOR SECURITY CAMERAS.
Concerns over privacy and security have become increasingly paramount within the ever evolving landscape of the real estate market. One particular area of contention has been the use of indoor security cameras in rental properties, particularly in short-term rentals also known as BNB Rentals. This issue has prompted the Real Estate Database (RED) platform to take a proactive stance by banning the listing of properties with indoor security cameras. This move not only reflects a commitment to safeguarding tenants' privacy but also addresses growing concerns within the rental community.The decision by RED to ban rental listings with indoor security cameras is significant, especially considering the rise in popularity of short-term rentals in recent years. These properties, often advertised on the RED platform as BNB Rentals, have become a preferred choice for travelers seeking unique and personalized accommodations. However, the proliferation of indoor security cameras in such rentals has
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A PROPERTY CANNOT BE IN TWO LOCATIONS AT THE SAME TIME.
Real estate agents in Uganda, especially those new to the Real Estate Database (RED), often fall into the habit of posting properties with combined or ambiguous location names. This issue is common, and it's a mistake that significantly affects the visibility and discoverability of property listings online. Imagine someone posting a property in "Kirabulindo." The problem very is clear: there's no such place called "Kirabulindo." The property is either in Kira or Bulindo, not both. When an agent lists a property under a combined name like this, they create confusion, making it difficult for potential buyers or renters to find the property. The Impact of Combining Location Names.When a property is listed with two locations as one, it won’t appear in search results for either individual location. Those searching for properties in Kira won’t find it, and the same goes for those looking in Bulindo. Consequently, such a listing misses out on potential leads, as it doesn't show up
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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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HOW TO FOLLOW THE RED CHANNEL ON WHATSAPP.
You are welcome to follow the Real Estate Database (RED) Channel on WhatsApp! A place where you will be able to get all your real estate market information at your fingertips.Are you a real estate professional looking to stay ahead of the game? Are you tired of missing out on the latest listings, market trends, and investment opportunities? Look no further, because we've got some thrilling news for you! Introducing the Real Estate Database Channel, fondly known as the "RED Channel", your passport to a world of real estate possibilities.What is the RED Channel?The RED Channel is not just another real estate platform; it's a personalized information hub right at your fingertips. With just a simple click, you'll gain access to a treasure trove of knowledge, connections, and insights that will set you apart in the competitive world of real estate.What Can You Expect from the RED Channel?
Instant Access: Be the first to know about hot property listings, off-market gems, and exclusive opp
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8 BEST WAYS TO FOLLOW UP PROPERTY BUYERS
A successful property sale is usually a result of effective follow up, therefore, following up with potential buyers is one of the most important tasks of a successful real estate agent.
Persistence and tenacity, for instance, all help a real estate agent to reach their end goal of gaining a client or closing a real estate deal. Those attributes also describe what it takes to be successful when following up with prospects.Following up in the real estate industry is especially important, considering that 64 percent of buyers and sellers use a real estate agent that they previously worked with or a referral from a friend or family member, this is based on statistics from the Real Estate Database (RED).Looking at those numbers, it’s fair to reason that if you fail to follow up with one prospect, not only are you potentially missing out on one commission, but there’s also a high chance you’re missing out on another commission down the road.So, what are some of th
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MORNING MARKET BRIEF - SATURDAY, DECEMBER 21, 2024
Introduction: The Daily Morning Market Brief is a dynamic, comprehensive, and essential tool for anyone seeking to stay abreast of the trends, shifts, and current events in Uganda's real estate sector. Never begin your day or morning without reading or listening to a Daily Morning Market Brief, Situation Report, Market Overview, or Status Report from the Real Estate Database (RED). To do otherwise is to risk missing the pulse of the local real estate market.Overview: Uganda's real estate market is currently undergoing a significant transformation. Key areas like Kampala, Jinja, Entebbe, and Gulu are experiencing a surge of activity. With a broad range of properties, from high-rise apartments to sprawling residential estates, the market is diversifying to accommodate various demands. Snapshot: The market is teeming with activity, with a noticeable increase in construction projects. Areas like Mbarara, Mbale, and Fort Portal are seeing rapid development of commercial and residential prop
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WHAT EXACTLY IS STAMP DUTY AND HOW DOES IT WORK?
Stamp duty is a term that often surfaces in real estate transactions, legal documents, and financial discussions, but its intricacies may elude many. This blog aims to unravel the mysteries surrounding stamp duty, shedding light on what it is and how it operates.What is Stamp Duty?Stamp duty is a type of tax levied by governments on various legal documents and transactions. The name "stamp duty" harks back to the historical practice of using physical stamps to indicate that the tax had been paid on a document. While the physical stamps have largely been replaced by electronic systems, the term persists.How Does Stamp Duty Work?Stamp duty is applied to a range of documents, with real estate transactions being one of the most common contexts. When you buy a property, you are required to pay stamp duty on the property's transfer documents, such as the sale deed or transfer deed.1. Property Transactions:
Sale Deed:
In real estate, the sale deed is a crucial document that transfer
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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
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 155285
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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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