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93 search results, BNB Rentals
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DO YOU SUPPORT OR OPPOSE THE IDEA OF REAL ESTATE AGENTS CHÁRGING SEARCH FEES?
I previously engaged in a constructive phone dialogue with Dr. Rachael Mirembe, a distinguished figure within Uganda's real estate landscape. Our conversation stemmed from a past encounter on Twitter Spaces, during which we held differing opinions on the practice of real estate agents charging search fees. My intention of reaching out to her was to bridge our perspectives and establish common ground.
Initially, Dr. Mirembe strongly supported the elimination of search fees within the Ugandan real estate market, citing her experiences in South Africa where search/such fees were not customary. Her argument was centered on the belief that an agent's income should be derived solely from commissions earned after a successful sale and not from search fees.
However, our conversation led us to a shared understanding. We both recognized the necessity of search fees to deter time-consuming property tours by speculators and casual real estate enthusiasts also know as real estate to
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FOLLOW THE REAL ESTATE DÁTABASE (RED) ON TWITTER.
In today's rapidly evolving real estate market, staying informed and connected is crucial for both industry professionals and enthusiasts. The advent of social media platforms has revolutionized the way we access and consume information. Twitter, with its concise format and real-time updates, has become a go-to platform for many seeking the latest news and insights. One Twitter account that stands out in the real estate sphere is the Real Estate Database (RED) Twitter account. In this blog post, we'll explore why you should follow RED on Twitter and how it can enhance your understanding of the real estate industry.
Real-Time Market Updates:
The real estate market is highly dynamic, and staying up to date with the latest trends and developments is essential for investors, buyers, sellers, and industry professionals. RED's Twitter account serves as a valuable resource, providing real-time updates on market conditions, emerging trends, and shifts in demand. By following RED, you g
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WAYS TO FUTURE PROOF YOUR PROPERTY MANAGEMENT BUSINESS.
In today's ever-evolving world, staying ahead of the curve is essential for businesses, including property management firms. With technology, customer preferences, and industry trends constantly changing, future-proofing your property management business becomes crucial to maintain relevance, attract clients, and drive growth. In this blog, we will explore some intelligent strategies to ensure your property management business remains competitive and successful in the years to come.
Embrace Technology
One of the most critical aspects of future-proofing your property management business is embracing technology. Adopting property management software can streamline operations, automate routine tasks, enhance communication, and provide valuable data insights. A cloud-based management platform enables real-time access to property information, financial data, and maintenance updates, making your services more efficient and transparent.
Implement Smart Home Features
The demand f
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WHY YOUR REAL ESTATE MARKETING EFFORTS ARE FAILING
The real estate industry is highly competitive, and marketing plays a crucial role in closing deals, so sleeping on the job is not an option. However, many real estate agents and agencies struggle to generate leads and convert them into sales. If your real estate marketing efforts are falling flat, it's time to analyze what's going wrong. Here are some of the key reasons why your marketing strategy may not be delivering the results you expect, and what you can do to fix it. You're Targeting the Wrong Audience.Marketing to the wrong demographic is one of the biggest mistakes in real estate. If you're advertising luxury homes to first-time homebuyers or marketing rental properties to investors looking for commercial spaces, your efforts are bound to fail.Solution: Clearly define your target audience and create marketing campaigns tailored to their specific needs. Utilize historical property data from the Real Estate Database (RED) and its analytics tools and reports to refine your approa
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HOW DO REAL ESTATE AGENTS IN UGANDA SHARE COMMISSION?
Are you curious about how real estate agents in Uganda share commission? It's a topic that's often shrouded in mystery and can lead to heated disputes between agents and parties involved in a transaction. But fear not, we've got the inside scoop on the common practices for sharing commissions in Uganda.
We will provide an in-depth analysis of the various methods of commission sharing in real estate, including equal splits and negotiated deals. By understanding these approaches, you will be well-equipped to navigate the market with confidence. It's important to note that commission sharing typically involves two groups of agents in each transaction: the buyers' agents and the sellers' agents. With this knowledge, you can prepare for an informative journey through the fascinating landscape of commission sharing in Uganda.
In Uganda, it is not uncommon for real estate agents to refer property buyers to one another and anticipate sharing the commission, particularly if they
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AN ENCÓUNTER WITH A CRAZY PROPERTY BUYER.
Buying or selling a property can be a nerve-racking experience. It is a time when emotions can run high, and it is not uncommon to come across eccentric or difficult buyers. Moses Musoke, a real estate agent, had one such experience when he encountered a crazy property buyer during a property tour in the presence of the property owner.
It was a beautiful day, and Moses was handling his duties just like any other real estate agent. The seller had listed his property for sale, and Moses was in the process of showing it to potential buyers. One of the potential buyers he encountered was a man who seemed to be in his mid-40s. Let's call him Mr. Bolingo.
At first, Mr. Bolingo appeared to be a regular buyer. He asked the usual questions about the property and seemed interested in making an offer. However, as they walked through the property, Moses began to notice that Mr Bolingo was behaving strangely. He was muttering to himself, laughing at odd moments, and taking pictures of str
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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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WHAT KIND OF 3 BEDROOM HOUSE CAN YOU GÈT BETWEEN 100M AND 200M?
If you're on the hunt for a 3-bedroom house in Uganda with a budget ranging from UGX 100,000,000 to UGX 200,000,000, it's important to set realistic expectations about what kind of property you can secure in this price range. While it might not get you a luxurious home in the heart of Kampala, there are still many appealing options available outside the bustling city limits.
Location Matters
First things first, let's address the location. Given the budget constraints, it's likely that your prospective house will be situated outside the Kampala district. Housing within Kampala tends to come at a premium, making it challenging to find a suitable 3-bedroom home within this budget range. Instead, you can explore areas that are still developing, where land prices are more affordable.
Basic Land Size and House Type
A house within this budget range will probably be built on a standard land size of 100X50 feet or 12.5 decimals. You can anticipate a bungalow-style or apartment-type house
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REAL ESTATE DÁTABASE (RED) RESOLUTIONS FOR 2025.
As we prepare to step into 2025, I can't help but reflect on how far we've come with the Real Estate Database (RED). What started as a vision to transform the real estate market has blossomed into a platform that empowers agents, brokers, and property seekers alike. But as always, growth inspires new goals, and I'm excited to share my resolutions. Here's what I'm determined to achieve for the RED in 2025, and why all real estate agents, brokers and realtors should join me on this journey. Harnessing the Power of AI for Smarter Listings.AI has already proven its worth within the RED by automatically generating compelling property descriptions, but there's so much more we can do. In 2025, I'm committed to expanding AI capabilities within RED. Imagine predictive analytics that can recommend properties tailored to a user's unique preferences or tools that give agents deeper insights into market trends. These advancements will make finding and selling properties faster, smarter, and more ef
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