Hey ya, selling a house can be tiresome if you think about it but here is a simple list of tips that will guide you through each action step. It’s the usual key to selling properties in uganda by most people.
Engage a property agent
Agents easily find buyers. They find buyers through adverts or buy the property themselves and add it to those they already own for sale. Agents usually work for a commission of 10% of the sale price.
One of the benefits of selling your property without an agent is the chance to make financial saving through not having to pay commission to an agent though it will take you a long time.
Property owners should consider this if they are to sell their properties within the shortest time. You can list a property for sale on our website after you create an account. We will have to approve it first before it goes live. Visit www.walisaproperties.com/submit-property
How can I target buyers?
Marketing is important. It is important to market your property to the people who have the resources. Spread the word and you will find those willing to buy.
There are several ways of doing this, you can place an advert in the local newspaper classified adverts or place a signpost near your property.
Is a seller expected to negotiate prices?
Having good negotiating skills is important. This is because it is hard to find someone willing to buy at the advertised price without asking for a discount.
Before entering into negotiations with a buyer, make sure you have decided on the lowest price to that can still earn you profit. To negotiate effectively, you should be able to explain how you arrived at the price you are selling and explain to the buyer the benefits of buying that property.
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In case I want to sell my property at UGX 50 million, what should be the agent’s commission?
If you are to sell your property at UGX 50 million, the agent earns UGX 5 million. Normally 10% of the selling price. Please note, you can negotiate and agree on terms with the broker before you give him consent to market the property. Agents have a proven track record of selling properties in Uganda since they do it for a living.
Check out this other article on selling a house: 6 Different Ways to Sell Your Home Fast