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100+ search results, Million dollar listings
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WHAT DOES THE HOLY BIBLE SAY ABOUT THE REAL ESTATE INDUSTRY, AGENTS, REALTORS, AND BROKERS?
Real estate is often viewed through the lens of modern economics, yet the principles of property ownership, stewardship, and wealth have deep roots in ancient wisdom. The Bible, as a foundational text for many, offers profound insights into how land and property should be regarded and managed. Whether you're a believer or simply curious, exploring the biblical perspective on real estate can offer timeless guidance for today's property owners, investors, and agents.
1. The Concept of Land Ownership.In the Bible, the concept of land ownership is deeply tied to the idea of divine stewardship. God is considered the ultimate owner of all land, and humans are merely stewards entrusted with its care. Leviticus 25;23 says, "The land must not be sold permanently, because the land is mine and you reside in my land as foreigners and strangers." This verse underscores the belief that while people may possess land, they should always remember that it belongs to God and should be treated with respe
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WHY YOU NEED THE LATEST VERSION OF THE REAL ESTATE DÁTABASE (RED) APP ON YOUR PHONE?
In today's digital age, there's an app for almost everything, and one of the most valuable Apps for anyone in Uganda's real estate industry is the Real Estate Database (RED) App. Currently available for Android devices, this app is essential for all serious agents, brokers, realtors, developers, investors, and buyers. However, simply downloading the app isn't enough, it's crucial to keep it updated to ensure the best experience. In this blog, let's explore why anyone interested in real estate should upgrade to the latest version of the Real Estate Database (RED) app on their Android device.
Why Update the RED App?Improved User Experience.
One of the most important reasons to update the RED app is to improve the user experience. Developers regularly release updates that fix bugs and add new features to the app. If you do not update the app, you may miss out on these improvements, which could make it harder to find the perfect property.Access to New Features.
As the real estat
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THE REASONS WHY ALL REAL ESTATE AGENTS IN UGANDA NEED TO BE MEMBERS OF THEIR ASSOCIATION.
Real estate is a highly competitive and dynamic industry that requires its practitioners to stay updated with the latest trends, regulations, and practices. While many agents work independently, it is essential for them to belong to a professional association such as the Association of Real Estate Agents (AREA). In this article, we will explore the reasons why all real estate agents need to be members of AREA and the benefits that membership offers.
Advocacy and Lobbying Efforts
One of the primary reasons why real estate agents need to be members of AREA is the advocacy and lobbying efforts that the organization provides. AREA is a professional association that advocates for the interests of real estate agents and brokers, as well as for the rights of property owners. The association works with government bodies and regulators to develop policies that promote a thriving real estate industry, protect homeowners' rights, and improve industry standards. As a member of AREA,
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Prime Property For Sale!
| Location -
Naguru
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| District -
Kampala
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| Type -
Storeyed house
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Size -
six bedroom
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| Status -
For Sale
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Code - 190157
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$ 1,000,000
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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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IMAGINE A CITY AS A LIVING, BREATHING ORGANISM.
Imagine a city as a living, breathing organism, where each component plays a vital role in its overall functionality. Credit for this imaginative metaphor, which is currently trending on LinkedIn, goes to Sam Stewart Mutabazi, an Urban Development & Transportation Consultant.
In this metaphorical journey, we'll explore how the transport systems act as the brain, people as the heart, sewage system as the kidneys, green spaces as the lungs, electricity as the eyes, and buildings as the skeleton. Just as the entire human body requires harmony and cordinated balance to thrive, so do cities in order to function effectively.1. Transport Systems: The Brain.In the human body, the brain serves as the control center, orchestrating various functions and ensuring seamless communication between different parts. Similarly, the transport systems within a city act as the brain, coordinating the movement of people, goods, and information. Roads, bridges, public transportation, and digital
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CONSULTATIVE MEETING ON REAL ESTATE REGULATION AND LICENSING WITH SRB: WHAT TO EXPECT.
As Uganda's real estate industry continues to grow, regulation and licensing have become critical topics for all stakeholders. To address these concerns, the Association of Real Estate Agents (AREA) is organizing a pivotal meeting titled "Consultative Meeting on Real Estate Regulation and Licensing with SRB." This event will take place on Friday, 30th August 2024, from 3 pm to 5 pm at the Uganda Business Facilitation Center. The meeting is expected to feature representatives from the Surveyors Registration Board (SRB), the body currently responsible for registering real estate agents nationwide. Why This Meeting Is Important.This upcoming meeting is significant as it occurs when the real estate sector in Uganda is rapidly evolving. With the SRB actively involved in registering real estate agents, there is a pressing need for clear guidelines and robust regulatory frameworks to ensure all agents operate within the law and maintain the highest professional standards. AREA is expected to
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WITH TOO MANY AGENTS SELLING THE SAME PROPERTIES, HOW DO YOU NAVIGATE A SELLER'S MARKET.
In a seller's market, where demand for properties in a specific location exceeds supply, multiple agents may represent the same property in hopes of securing a commission. While this may seem like a win for the seller, it can lead to confusion and frustration for potential buyers who are inundated with offers and approached by multiple agents.
In this blog, Let's explore the challenges that arise when too many agents are marketing the same properties in a seller's market, and also offer insights into how buyers and sellers can navigate this complex real estate landscape.
A seller's market occurs when there is high demand for properties but a limited supply available for sale. This situation is particularly prevalent in certain areas of Kampala, such as the upscale neighborhoods of Kololo, Naguru, Nakasero, Ntinda and lower level neighborhoods including most parts of western Kampala (Rubaga division).
In these areas, there are few listings available for sale,
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SIZE MATTERS, WHÈN CHOOSING A PROPERTY TO BUY OR RENT.
When it comes to selecting a property, there are numerous factors to consider. While location, price, and amenities often take the spotlight, one crucial aspect that should not be overlooked is size. The size of various elements within a property can significantly impact your living experience. From the size of the bedrooms and kitchen to the compound and sitting room, every dimension plays a role in creating a comfortable and functional living space. In this blog, we will delve into the significance of size when choosing a property and explore the impact it has on different areas of your home.
Size of the Bedrooms:
Bedrooms are your sanctuary, a space where you relax, rejuvenate, and find solace. The size of the bedrooms can greatly influence your comfort and the potential for personalized decoration. A spacious bedroom allows for ample furniture placement, promotes better airflow, and provides room for additional storage. Moreover, larger bedrooms offer a sense of openness an
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HOW TO REGISTER AND START UPLOADING PROPERTIES INTO THE REAL ESTATE DÁTABASE (RED).
Are you ready to take your real estate business to the next level?Registering on the Real Estate Database (RED) is the perfect step to get your properties in front of thousands of potential buyers and renters. Follow these easy steps to sign up, make payments, and start uploading your listings! Step 1: Register on the Real Estate Database (RED).The first step is to create your account on the Real Estate Database (RED). Click on the link below to begin your registration process:https://www.realestatedatabase.net/FindAHouse/MembershipRegistration.aspx#ContentSectionOnce you've created your account, you will have access to a wide range of tools that will help you manage your property listings, get leads, and close sales faster than ever before! Step 2: Make Payments via Mobile Money.After successfully registering, you'll need to make a payment so as to activate your account and gain full access to all the features.
Go to your Account Details.
Click on Make Payment.
Enter the amount y
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