Author: Peris Gachago
A ruling by the High Court stopped the charging of single business permit fees on certain professions that includes Real Estate agents registered under the Estate Agents CAP.533. This is because charging such fees would amount to double taxation. Since 2010, there are two layers of Government, National and County Government. The National Government does have its own mandates and levies taxes on some functions. However, some functions are levied by the County Government in areas where the services fall within the County and where there are no similar taxes levied by the National Government. Once the National Government levies a particular tax, the…
Real estate is becoming a very competitive field. You need to find a way to list properties available for sale. Beyond listing your land and houses for sale, buyers and sellers are expecting a lot more. To succeed as a real estate agent, you need to have something extra. Several skills can give you an edge and help you make more sales. These skills will also set you apart from the competition. Let’s read together based on my experience in the industry and what I have found to be important. You will also note that most of these skills are important…
Real estate is always a tough market. There are thousands of properties for sale in the area, and a shortage of buyers. This can be from all the competition or from the fact that people don’t know how to find properties they’re interested in. Either way, getting your property noticed can sometimes be difficult. With these tips, you’ll be able to catch the eyes of potential buyers. 1. Use good SEO practices Search engine optimization, also known as SEO, is the secret to getting your listing prioritized and seen. Thorough keyword research is necessary for this. This helps users utilizing an online search engine…
As real estate agents, we are trying to convince our customers to buy the properties we have. Whether we are selling land or selling houses, learning how to get others to buy is important. Here are 10 ways to persuade others to buy from you. 1. Be willing to take a deposit. Real estate is one of the most capital-intensive business ventures and investments. At times, most customers do not have enough money to buy the property outright. These customers could be willing to complete the sale if given more time. Providing the customers the ability to pay in installments spread over time could…
Kenya has an annual housing demand of 250,000 units with an estimated supply of 50,000 units. This leads to a huge deficit in housing. This deficit and the growth of the middle class have led to increased demand for quality real estate. Nairobi takes a huge chunk of this deficit. This presents an opportunity to make good returns on real estate. Most landowners do not have access to capital to develop their vacant land. But, we have developers with capital, but not enough to buy land and build on it. This is because the prices of land available for sale in Nairobi…
Selling a house can be a daunting process for many people. It’s not just about finding the right buyer, but also about having the right price and location. However, selling a house does not have to be a daunting and drawn-out process. Here are five factors that you should consider as you sell your house to make the process easy and fast. Here are five of them. 1. The selling price for your home. You need to have a good understanding of how much the house is worth as you price it for sale. You can do this by looking at the selling price of comparable properties that are on sale within…
Real Estate is one of the easiest yet the most profitable industry one can venture in. Though it’s not easy to sell a property, ones you sell you are promised of a tremendous impact in your business transaction. It also presents a chance for economic growth and social development in a certain area. It’s a dream for every real estate to make high profits from the investment, and if this is the case, we have identified several factors that you should consider before putting up your property on the market. 1. Price Pricing your property too high or too low can…
When buying property land in Kenya, location is one of the important factors to consider Importance of location in real estate purchase always seem most underestimated yet it is what translates into profitability for the investment. The Hass consult has revealed most profitable areas you can invest in land and have high returns within a very short period of time. Despite the high prices, the occupation is also high and this provides an opportunity for investors looking to put up rental apartments or put up houses for sale. There so many best places to invest in real estate in Nairobi. These are…
Real estate association is an industry body of agents and brokers that unite for the purpose of effectively exerting combined influence upon matters affecting real estate industry. The association can also provide trainings to other estate agents, seek to influence the government, produce market research, and operate multiple listing services for the benefit of its members. Real estate associations operate as independent organizations with a budget and leadership approved by the members. Starting a real estate association is very easy. You can start as informal gathering and grow it to formalized arrangement with officials and membership dues and later have…
Online marketing is one of the most extensively used ways for selling real estate. When it comes to marketing your listing as a real estate agent, you must be inventive. When marketing your real estate listing in a competitive market or with distinct properties, it is important not to simply repeat specifications and features. Develop a unique skill instead. Developing innovative ideas will help you stand out in a field where new marketing techniques are constantly being introduced, allowing you to sell your property more quickly. Here are some inventive ways to advertise that difficult listing that you’ve been trying to close a deal on…