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61 search results, Bungalows for rent (Sponsored)
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WHAT YOU NEED TO KNOW ABOUT A PURCHASE AND SALE AGREEMENT
A House Purchase and Sale Agreement is a legal document that outlines the terms and conditions of the sale of a house in Uganda. This agreement is a crucial step in the buying and selling process, as it defines the rights and obligations of both the buyer and the seller.
In Uganda, a House Purchase and Sale Agreement should be in writing and signed by both parties. The agreement should clearly state the purchase price, the closing date, the payment terms, and any warranties or guarantees offered by the seller. It should also specify the responsibilities of each party during the transaction, such as the transfer of ownership and the payment of any taxes or fees.
For example, the agreement may state that the buyer is responsible for obtaining financing and that the seller is responsible for providing a clear title to the property. The agreement may also specify that the buyer is responsible for any repairs or renovations that need to be made, while the seller is responsible for
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WHO PAYS THE REAL ESTATE AGENT'S COMMISSION WHÈN YOU BUY OR SELL A HOME?
When buying or selling a home, one of the questions that may come to mind is who pays the real estate agent's commission. The answer is not always straightforward, as it can vary depending on the circumstances of the transaction. In this article, we will explore the different scenarios in which the commission is paid and who is responsible for it.
The role of real estate agents in a transaction
Before we delve into who pays the commission, it's important to understand the role of real estate agents in a transaction. Real estate agents act as intermediaries between buyers and sellers, helping both parties navigate the complex process of buying or selling a home. They provide valuable services such as marketing the property, scheduling and hosting open houses, negotiating offers, and handling the paperwork involved in a sale.
In exchange for these services, real estate agents receive a commission, which is a percentage of the sale price of the property. The commission is typic
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STRATEGIES THAT SEASONED REAL ESTATE AGENTS EMPLOY TO THRIVE IN A SLOW MARKET.
Seasoned agents understand the importance of adaptability and resilience. A slow market, characterized by slow sales, reduced demand, and stagnant property values, poses unique challenges that require a strategic approach. In this blog, we'll delve into the strategies employed by seasoned real estate agents to not only survive but thrive in a slow market.1. Market Expertise: Knowledge is Power. Successful real estate agents in a slow market are well-versed in local market trends. They constantly update their knowledge about the current economic conditions, interest rates, and any external factors that may impact the real estate landscape. This expertise allows them to provide valuable insights to clients and navigate the market with confidence.2. Strategic Pricing: The Art of Balance. Seasoned agents understand the delicate balance of pricing properties in a slow market. They leverage their market knowledge to set realistic and competitive prices that attract po
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THE COMMON TRICKS AND TACTICS THAT TENANTS PLAY.
Being a landlord or property manager can be a challenging job. While many tenants are responsible and respectful, there are always a few who try to take advantage of the system. In this blog, we will explore some of the common tricks tenants play in the rental world. By understanding these tactics, landlords and property managers can be better prepared and equipped to handle such situations.
False References:
One of the tricks some tenants employ is providing false references to create a positive impression during the application process. They may provide the contact information of friends or family members who pretend to be previous landlords, giving glowing recommendations that are entirely fabricated. To counter this, it's essential to verify references by conducting thorough background checks and speaking directly with past landlords.
Subletting without Consent:
Some tenants may attempt to sublet the property without obtaining proper consent from the landlord or prope
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REASONS WHY OTHER REAL ESTATE AGENTS DON’T WANT TO WORK WITH YOU.
Real estate is a collaborative industry where agents often need to work together to close deals and serve their clients effectively. However, there are certain behaviors and practices that can make other agents hesitant to work with you.
Understanding the reasons can help you improve your professional relationships and build a reputation as a cooperative and trustworthy agent. Here are some common reasons why other real estate agents might avoid working with you. 1. Poor Communication Skills.Communication is key in real estate transactions. If you consistently fail to return calls, emails, or messages promptly, other agents may find it difficult to coordinate with you. Miscommunications or a lack of timely responses can delay transactions, leading to frustration and a lack of trust. 2. Unprofessional Behavior.Professionalism is crucial in maintaining positive working relationships. This includes being punctual, respectful, and ethical in all dealings. If you have a reputation
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WHAT ARE THE DIFFERENT TYPES OF REAL ESTATE AGENTS AND THEIR ROLES?
Real estate transactions involve a complex web of professionals who play crucial roles in helping buyers and sellers navigate the market. Among these professionals, real estate agents stand out as essential intermediaries, guiding clients through the intricate process of buying, selling, or renting properties. Within this field, there are different types of real estate agents, each specializing in distinct aspects of the industry. In this blog, we'll explore the various types of real estate agents and their roles.
Buyer's Agent: Buyer's agents, also known as buyer's representatives, focus on assisting individuals or families looking to purchase a property. They work closely with clients to understand their needs, preferences, and budget, then identify suitable properties, arrange viewings, and negotiate offers on their behalf. Buyer's agents aim to ensure that their clients secure the best possible deal while making the purchasing process as smooth as possible.
Seller's Age
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