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UNCOVERING THE TRUTH ABOUT REAL ESTATE AGENTS.
Real estate agents play a crucial role in the property market, acting as intermediaries between buyers and sellers. In Uganda, like in many other countries, real estate agents often face unjust blame for various issues that are beyond their control. In this blog post, we aim to shed light on some common misconceptions and set the record straight regarding the things real estate agents in Uganda are wrongly blamed for. By understanding the challenges they face, we can foster a more informed perspective and appreciate their valuable contributions.
Property Prices:
Misconception: Real estate agents are responsible for high property prices in Uganda.
Reality: Real estate agents do not determine property prices. Market forces such as supply and demand, location, and economic factors influence property prices. Agents assist in valuing properties based on market conditions but cannot unilaterally control or inflate prices.
Property Scams:
Misconception: Real estate agents are s
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THE WEIRDEST REAL ESTATE LAWS
Real estate laws vary significantly from country to country, and what may be considered common practice in one place might be seen as completely bizarre or even illegal in another. In this blog, we'll take a look at some of the weirdest real estate laws from around the world.
In France, if you own a building with a view of the Eiffel Tower, you are legally required to maintain that view. This means that you cannot build anything that obstructs the view, even if it's on your own property.
In Switzerland, it is illegal to flush the toilet after 10 pm if you live in an apartment building. This law is meant to prevent noise disturbances to your neighbors and is strictly enforced.
In Singapore, it is illegal to walk around your home naked. While it's perfectly legal to be naked in your own home, the law in Singapore states that you must be covered up when you are within view of your neighbors or the public.
In Germany, you are not allowed to paint your own house
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THE ETHICAL DILEMMAS FACED BY REAL ESTATE AGENTS.
Real estate agents play a crucial role in facilitating property transactions, acting as intermediaries between buyers and sellers. However, this role often places them in complex ethical dilemmas where they must navigate the delicate balance between serving their clients' interests and upholding their professional responsibilities. In this blog, we will explore some of the ethical challenges faced by real estate agents and examine the ways in which they can strive to maintain integrity and ethical conduct in their profession.
Confidentiality and Disclosure
One of the primary ethical concerns for real estate agents is maintaining confidentiality while ensuring relevant information is disclosed to clients. Agents must respect the confidentiality of their clients' personal and financial information. However, they also have a duty to disclose any material facts or defects about a property that could affect the buyer's decision-making process. Striking the right balance between these
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2024
- Walisa Property Agency
Address: Plot 868, Ntinda, Old Kira Road (next independent hospital opposite Rube petrol station), Kisaakye Business Centre, Level 3, Room 11.
P.O. Box: 151067 Kampala, Uganda
Mobile: +256-776-878335, +256-701-966945
LandLine: +256-414-593875
Email: info@WalisaProperty.com Website: www.WalisaProperty.com
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