Author: Peris Gachago

With Ardhisasa, what changed?With introduction of Ardhisasa platform, many things have changed on how people are doing land or property transactions. Before then, you would see many people especially lawyers, investors, property owners and brokers gathering outside Ardhi house with big files in their hands. These people would be seeking for different services ranging from land search, replacement of title, registration of certificate of titles among others. Now, most of these services has been put in one platform called Ardhisasa, an online platform that allows Citizens, other stakeholders and interested parties to interact with land information held and processes undertaken…

To become a registered real estate agent in Kenya, one needs to be registered with the Estate Agents Registration Board (EARB). Only EARB registered and licensed Estate Agents with a current practicing annual certificate can conduct Estate Agency. Section 18 of the Estates Agents Act Cap 533, Laws of Kenya provides as follows: – 1. After the expiration of six months from the commencement of this Act or such further period as the Minister may, by notice in the Gazette, allow either generally or in respect of any particular person or class of person: – (a) No individual shall practice as an estate…

One of the most thriving businesses in Kenya is the buying and selling of property. Once a buyer and seller agree on the property price, then the seller or transferor of the property needs to bear in mind that they have an obligation to pay Capital gains tax. President Uhuru Kenyatta assented to the Finance Act, 2014 effectively reintroducing capital gains tax through an amendment to the Eighth Schedule of the Income Tax Act (ITA) to to reduce budget deficits and raise funds for infrastructure and development projects. The move was aligning tax laws within the East African Community, since Kenya was the only state that did…

Real estate is a rewarding career but many real estate agents don’t survive the first year. Part of this could be attributed to lack of sales that makes a real estate agent lose faith. Learning how to network as an agent helps as you can generate more leads for the properties you are selling or obtain properties available for sale. When you network, you get a chance to introduce your business to your peers, new prospects, and maintain relationships. Use social media effectively:  Social media platforms have become an incredible way to connect with your clients. It creates a great opportunity to share your knowledge as…

Many people always dream of becoming successful real estate agents. But not all of them do well in their career. The profession requires hard work and building relationships with clients. The real estate industry is constantly changing, meaning it is up to the investors and the agents to go the extra mile to stay current and ahead of the competition. Some daily habits of a real estate agent include: Plan your day: Goal setting is essential for any project or plan. A real estate agent has to develop a good morning routine which will help in the good management and give a good…

When you think about real estate investing, the first thing that comes to your mind is owning a property. Rules are some set of laws that are set to guide or govern someone when thinking to invest in real estate. Real estate has become one of the most developed industries in Kenya hence leading to one of the best businesses that one can invest in. Rules are always to direct one on various ways of becoming successful in real estate investment. You should learn a lot of rules for you to safely profit from real estate investing in this economy.…

President of Kenya Uhuru Kenyatta launched the National Land Information Management System (NLIMS) commonly called Ardhisasa to digitize all the land records in the country and establish the land management system. The exercise began in earnest in 2013 and is aimed at bringing efficiency and transparency in the sector of land in Kenya. Digitization is a blessing because it is faster and more flexible, convenient, saves money wasted on managing the paper records. The digitization initiative is to improve service delivery and enhance ease of doing business by addressing various challenges in the land sector. This include inconsistency on land records and ownership documents, increased land disputes due…

Real estate can be a fluid industry that adapts and evolves quickly. However, there will always be some problems that the investors will be encountered through the process. The challenges that real estate investors face in the market can impact their business significantly. This shows that the investors have to be ready and to find solutions on how to cope with the challenges to grow in the market. Along with all the sometimes complicated situations, real estate still possesses good marketing stability in the country and this has been common. The idea of real estate is an expensive investment that…

The Real Estate Industry is constantly changing in Kenya, this means that as new Investors or new agents we have to work an extra mile to know how we will archive our goals which success comes as one. Success comes with how you plan yourself and how you accomplish them. the aim that one has in the business leads to a successful Real Estate Agent. Knowing when to follow conventional wisdom and when to pursue new tactics will help you create successful real estate. Always work smart and never underestimate expenses and overestimate income for this fails many. 1.Be available…

Every business has its own ups and downs. It is not always a smooth ride. Just in that sense, real estate investments have their own disadvantages as much as it would be having its own advantages. In this article, we are going to cover the disadvantages of investing in real estate in Kenya. This gives you an insight of the many risks and the problems that you may incur while in such and industry period The industry requires management and maintenance One of the essential skills that an investor in the real estate industry should have is his management. Real…