CORE VALUES
It’s a cup of TEA
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Trust
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Excellence
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Accountability
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CORE PURPOSE
To manage investments with Competence & Integrity. |
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WHY CREDO?
At Credo, we are a one stop center for real estate matters, we offer property management services for commercial, retail and residential properties by an experienced and versatile team of real estate experts with a combined experience of over 20 years.
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BLOGS AND NEWS
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HOW TO SUCCESSFULLY FIX AND FLIP HOMES.
Real estate investment has become increasingly popular over the years, and one of the most popular strategies is fixing and flipping homes. Fixing and flipping homes involves purchasing a property, renovating it, and then selling it for a profit. While it may seem like an easy way to make money, it requires a lot of hard work, dedication, and a solid strategy. In this blog post, we will outline some tips on how to fix and flip homes successfully.
Research the market The first step in fixing and flipping homes is to research the market thoroughly. You need to know what type of properties are in demand in the area you're considering, what buyers are looking for, and what they're willing to pay. This information will help you determine the type of property to purchase and the renovations to make.
Create a budget Before purchasing a property, create a budget for the renovation costs. Be sure to factor in all the expenses, including the purchase price, renovation costs, an
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MAINTAINING A PROFESSIONAL APPEARANCE.
In the world of real estate, first impressions can make all the difference. As a real estate agent, your professional appearance is a crucial component of building trust, credibility, and success within the industry. Whether you're meeting with clients, networking with fellow professionals, or showcasing properties, maintaining a polished and professional appearance is key. In this blog, we'll explore the importance of maintaining a professional appearance as a real estate agent and provide valuable tips to help you stand out and make a lasting impact.
Dress the Part: When it comes to dressing for success, real estate agents should adopt a polished and appropriate attire that exudes confidence and professionalism. Here are a few guidelines to consider:
a. Classic and Conservative: Opt for classic, well-fitting clothing that aligns with your brand and the expectations of your clientele. Neutral colors such as black, navy, and gray are versatile choices that convey sophistication
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REAL ESTATE HOUSING TERMINOLOGY IN US VS UK
In the realm of housing terminology, distinctions between American and British usage often defer, exemplifying linguistic nuances across borders. While the UK employs terms like "flat" for an apartment and "terrace" for a row of houses, the United States embraces "apartment" and "rowhouse" respectively.
This variance finds relevance even in global real estate databases such as the Real Estate Database (RED), where categorizations align with these linguistic preferences. Notably, in Uganda at large, the American version of housing terms predominates, reflecting a subtle yet impactful linguistic influence on housing discourse and practices. Here's a compiled list of housing terms with their corresponding American and British counterparts:
Apartment (US) / Flat (UK)
Duplex (US) / Maisonette (UK)
Townhouse (US) / Terraced house (UK)
Condominium (US) / Flat (UK)
Co-op (US) / Co-operative (UK)
Ranch house (US) / Bungalow (UK)
Studio apartment (US) / Studio flat (UK)
Subdiv
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ABANDONING THE PRACTICE OF TOPPING PROPERTY PRICES.
Several years ago, when I first ventured into the Ugandan real estate market, a common practice among real estate agents was to top-up property prices with their commission. This practice resulted in each agent having their own price for the same property. Back then, it seemed like a normal part of doing business, as landlords were often unwilling to pay commissions on their quoted prices.
Agents resorted to topping-up property prices in order to secure their commissions, and the more they added, the more they earned. However, this practice had its downsides, including the hardening of landlords' hearts, locally known as "Okuzimba Omutima." As a proponent of capitalism and a believer in free market economics, I initially saw no issue with agents topping up prices. Buyers willingly paid the quoted price, and yet they had plenty of options to choose from. Moreover, topping-up property prices was not illegal.
However, times have changed, and this practice has become incr
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WAYS TO WOW YOUR UGANDAN REAL ESTATE CLIENTS.
Building strong client relationships is crucial for success in the dynamic world of real estate. Whether you're a seasoned real estate agent or just starting out in the Ugandan market, impressing your clients can make all the difference. Ugandan real estate clients, like clients anywhere else, appreciate professionalism, attention to detail, and a personalized approach. In this blog, we'll explore several ways to wow your Ugandan real estate clients and foster long-lasting relationships.1. Local Market Expertise.One of the most effective ways to impress your Ugandan real estate clients is by demonstrating a deep understanding of the local real estate market. Keep yourself updated with current market trends, property values, and upcoming developments in various neighborhoods. Your clients will appreciate your ability to provide accurate information and guide them towards making informed decisions.2. Exceptional Communication.Effective communication is a cornerstone of any successful rea
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HOW TO DETECT OVERPRICED HOMES
Buying a home is a big investment, and it's essential to ensure that you're getting the best value for your money. However, many homes are priced higher than their market value, which is why it's important to know how to detect overpriced homes. But unfortunatly there is no weiging scale which can accuratly measure the value of a property. However, here are some tips that can help you to identify overpriced homes and avoid overpaying for your next property.
Research the Market: Before you start your home search, it's essential to have a clear understanding of the current market conditions. Look at the prices of similar homes in the same neighborhood, and compare them to the asking price of the home you're interested in. If the asking price is significantly higher than the average price of other homes in the area, it's possible that the home is overpriced.
Check the Home's Features: The price of a home depends on many factors, including its location, size, and features. If the
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FEATURED LISTINGS
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Most Popular Locations
Prime property locations.
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