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The writer is: Wendy Achieng, Communications and Community Engagement Associate - Jumia Classifieds Kenya     Phone  Personal no:+254723775614|Office no: +254708714395 | skype  wendy achieng    http://house.jumia.co.ke/journal/

Why not make your first home your first Investment?

Introducing Developing Afrika Limited (DAL), a private limited liability company undertaking investment opportunities in various fields. Majoring in Real Estate Development, Joint Ventures, Public and Private Partnerships and Infrastructure Development.

DAL seeks to deliver the best affordable products every so often and to be part of the success story of our customers owning homes and investments.

Their latest development, Juja South Estate, provides you with a prospect of owning your own meticulously-designed home in a secure gated community in the refreshing and natural landscapes of Juja. Designed for the family with the need to live in a quiet, serene and spacious environment, far from the hustle and bustle of the city. It is indeed the pride of Juja.

This 1st Phase comprises of 32, three and four bedroom townhouses and 80, two and three bedroom apartments and penthouses.

In the spirit of love, DAL is giving Valentine’s Day offer of KES 4.75M for 2 Bedroom apartments for the first 10 buyers, which is open for viewing on the 10th of February 2017.

As Russell Sage once said “Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.”

People do struggle on what to blog about; do not be worried because   it is easy as ABC!

The first thing to ask yourself is whom do I want to reach? For most the answers is a combination of buyers, existing customers, past clients and influencers such as analysts and the media.

“You need to finds a topic that you are passionate about. If you are not excited about a topic or if it’s painful to write, you are unlikely to sustain the effort and if manage to keep going, the writing is likely to be forced.” say Paul Nyamueya, A blogger and Real estate consultant with a Ujenziplan a Real estate firm based in Westland’s ,Nairobi Kenya.,

“Most fist time bloggers try to cover  to much, hence spreading themselves to thin” says Paul” its better to start with a narrow subject then leave room to expand. Be authentic, people read blogs since they want to an honest voice speaking passionately about the subject. “he adds

 Selling your home means making dozens (if not hundreds) of decisions, starting with whether to work with a real estate agent. While the vast majority of homeowners hire a listing agent, others brave the world of FSBO – for sale by owner.

“Many sellers venture down the FSBO path, confident they can manage the many aspects of listing and selling on their own” Says Paul Nyamueya  Real estate consultant with Ujenziplan , a firm that deals with Selling property, “ If you’re not careful, though, selling your home without an agent can become a full-time job.” Here are a few pros and cons to consider before you make your decision.

 Commissions

Pros: The most common reason to FSBO/owners  is to avoid paying commissions, which are fees paid to agents based on the final selling price of the home. Commissions average between 1-3 percent of the home’s purchase price and are usually paid by the seller from the proceeds of the sale. In some instances   the buyer and seller have their own agents, with the commission split between the two.

If you choose to list FSBO/owner , you can plan to pocket what would have gone to a commission or set a lower asking price to appeal to more buyers.

Cons: It’s worth noting that some buyers’ agents may choose not to show your home to their clients, reducing the pool of buyers who see your place. Or those agents may insist that FSBO sellers compensate them with a commission if they deliver a buyer.

Price

Pros: You have complete control over your listing price and researching the comps that go into making that decision. You’ll need to put emotion aside, looking at your home as an asset and honestly evaluating how it stacks up with the competition.

You’ll also be the one negotiating a contract with buyers or their agent, so think long and hard about where your bottom line is, how much you’re willing to give and if you’re up for the challenge.

Cons: Because you are in complete control of price, there is a risk that you may not be pricing it correctly. Agents have the expertise to study other homes in the area and have a good sense of where to list your home. One thing you’ll want to avoid is pricing too high, only to cut the price later if there’s not much buyer interest in it.

 Buyer interaction

Pros: You have control over scheduling open housings and individual showings. You don’t have to worry about fitting in with the schedule of a busy agent who has other clients.

Cons: You will be the sole point of contact for potential buyers, and you’ll need to determine which buyers are serious. You don’t want to waste your valuable time showing your home to looky-loos who have no intention of buying. You’ll also want to ensure the buyer is qualified to actually purchase your home.

Local knowledge

Pros: You know your home and neighborhood best. Sharing that knowledge can be a huge selling point with buyers.

Cons: Good real estate agents have expertise on homes, neighborhoods and cities, making them invaluable in selecting the best comps to determine the right price for your home and how to market it. They know what appeals to buyers in a specific marketplace.

Paperwork

There isn’t really a “pro” for FSBO here. Buying a home requires a lot of paperwork, and we’re guessing you don’t often read legalese for fun. If you sell FSBO, you are responsible for making sure all of the paperwork is read, understood and accurate. If you’re not working with an agent, you should consider hiring a real estate attorney/converyancing  lawyer .

According to Google a blog is: a regularly updated website or web page, typically one run by an individual or small group that is written in an informal or conversational style.

Blogs are now the main stream vehicles for organist ions/individuals to get their ideas/products /services, events or expertise into the market place.

Today there are a lot of  individuals, consultants, small firms, professionals or artisans who blog but no websites!

A blog is just a website , but a special kind of site that is created and maintained by a person/co-operate s, who is/are  passionate about a subject and what to tell the world about his/their  or area of expertise.

“But I recommend before that before you begin to write you first monitor/have a look at blogs in your market place and the start commenting on a few blogs before you write your own, this will give your own blogging voice.” say Paul Nyamueya, A blogger and Real estate consultant with a Ujenziplan a Real estate firm based in Westland’s , Nairobi Kenya.,

“It can be written by one person   or a group of people or a company can do co-operate blogs, so far the most popular is individual blogs.”he adds

A blog is written using a software, some can be gotten online for free (e.g . typepad,word press, Blogger on Google,) that puts the most resent update or post at the top of the site. Post appear in a selected information categories on the blog and often includes a subheadings in the categories to make it easy for the people who what to find it out on search engines and the blog.

As you start to write bogs and blogging you should think about 3 different ways to use them;

  • To easily monitor what millions of people are saying about you, the market you sell to, your organization and its products/services.
  • To participate in online conversation about your products/service and your related industry
  • To begin and to shape those conversation by creating and writing your own/cooperate blog

It’s often east to create a blog , if you can use Microsoft word or successfully buy a product online and you are passionate about a subject or industry  then you have the necessary tools to get you started!

Blogs provide experts and the public as a whole to for their voices to be heard in the web based market places of ideas.

Blogs are now the main stream vehicle for individuals/organist ions to get their ideas into the market place.

Most marketing and PR people know about blogs and they are monitoring wants begin said about their company products and executives on this medium

Many blogs allow readers to leave comments, but often bloggers often reserve the right to remove inappropriate comments (spams).

Most bloggers tolerate negative comments on their blogs and don’t remove them. This in turn sparks debate, since everyone has got an opinion.

“I strongly believe that comments from readers offering different viewpoints than original post are actually a good thing on the blog since they add credibility to your viewpoint but showing two sides of an issue and by highlighting that your readership is passionate enough to want to contribute to a debate on your blog, how cool is that “says Paul.

Blogging allows o to push ideas to the market place as you think about them and generating instant feedback.

  NB Companies that ignore reviews and discussions about service quality found on blogs are living dangerously.

What are you waiting for?

Everyone I have spoken to has  said the same thing( but in a slightly  different way) They were a  not comfortable to start ,they feel unsure cause they don’t know  the rules, some were even scared to publish the first post…..we have all been there…. remember  its easy begin to follow  blogs from your industry a, what things do like about the blogs? What’s annoying? What would you do differently?

 Before you start, comment on their blogs, leave comments, test your blog voice ….then finally start your own blog….How hard is that?....Believe in yourself ….you can do it….

 

One of the most confusing and misleading metrics in real estate is area — the "size" of a house.

“Like most aspects of owning or purchasing a house”  says Joseph Karuga , a Real Estate consultant at Casa Premier , a real estate  firm based Kilimani   “in measuring the square footage of a home is complicated. There’s no established standard for measuring a residential property and everyone seems to measure square footage differently”. He adds by saying “But if you get it wrong, it can affect your home’s value.”

There’s no need to be nervous about calculating your home’s square footage, however. Let’s look at how easy it actually is to measure a home’s square footage accurately.

Square footage of a house (Gross Living Area)

For most people, the gross floor area or gross living area (GLA) of a home,  is what they’re thinking when they hear “square footage.”

Here’s how to calculate your square footage: