Property marketing advice Archives - Bluman Properties Blog https://blog.blumanproperties.com/category/propertymarketingadvice/ Sat, 22 Mar 2025 20:25:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://blog.blumanproperties.com/wp-content/uploads/2025/01/cropped-logo-32x32.png Property marketing advice Archives - Bluman Properties Blog https://blog.blumanproperties.com/category/propertymarketingadvice/ 32 32 How To Choose The Best Construction Company In Kenya https://blog.blumanproperties.com/how-to-choose-the-best-construction-company-in-kenya/?utm_source=rss&utm_medium=rss&utm_campaign=how-to-choose-the-best-construction-company-in-kenya Sat, 22 Mar 2025 20:25:43 +0000 https://blog.blumanproperties.com/?p=364 How your construction project will turn out will solely depend on the professionalism of the construction company you choose. You may have the money, the right design, and anything needed, but still end up with a substandard building if you don’t choose the right constractor. They are one who determines the quality of your project, […]

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How your construction project will turn out will solely depend on the professionalism of the construction company you choose.

You may have the money, the right design, and anything needed, but still end up with a substandard building if you don’t choose the right constractor.

They are one who determines the quality of your project, design, cost and timing. In this guide, we will break down the essential factors you need to consider to ensure your project is in capable hands. Let’s first understand what you need to know before then.

Set Clear Project Requirements Before Choosing a Building Construction Company

Before you start looking for a construction company, make sure you clearly outline your project needs, including:

Type of Construction

The kind of building project you have, will decide what skills and expertise your contructor needs to have. The reason to that is because, different types of construction have their own special requirements. Let’s look at different constructions.

  • Commercial Construction: This includes offices, shops, hotels, and other business spaces. The projects need a construction company with experience in big buildings, knowledge of rules and permits, and skills to design for busy areas.
  • Residential construction: They include building houses, apartments, and multi-family units, requiring strong design and structural expertise. Likewise, to ensure safe and well-constructed homes, the construction company you choose must follow building codes, safety rules, and zoning laws. Successful projects need careful planning, skilled labor, and quality materials.
  • Industrial construction: This includes factories, warehouses, and power plants, which need strong buildings and strong materials. Hence, your contructor must have specialized knowledge to operate heavy-duty construction machines and industrial equipment while following strict safety standards.

Knowing the type of construction you need helps you find a building company with the right skills and experience.

Budget

Your budget is a key factor when choosing a construction company. Thus, understanding your financial limits helps you find the right contractor and avoid cost issues later. This is what you need to know regarding budgeting.

  • Set a Realistic Budget: research and know the true construction cost, including materials, labor, permits, and unexpected expenses. A Bill of Quantities (BQ) prepared by a professional Quantity Surveyor (QS) can help you outline these costs clearly. Besides, giving your contructors a clear budget range allows them to suggest solutions that fit your finances.
  • Budget Flexibility: Decide if your budget is fixed or adjustable, as this affects your choice of construction company. A strict budget may limit design and material options. At the same time, a flexible one allows the contructor to suggest better solutions and upgrades without financial strain.
  • Cost vs. Quality: Don’t just go for the lowest price when choosing a construction company. Cheaper options may lead to poor workmanship and costly repairs later. A good construction company will offer a fair balance between cost and quality, using durable materials and skilled labor. Hence, always compare quotes carefully and check past projects to ensure you get the best value for your money.
  • Payment Terms: Before hiring a construction company, agree on a clear payment plan to avoid disputes. Discuss the deposit amount, milestone payments, and final payment to ensure smooth cash flow. A good contructor will provide a structured schedule tied to project progress, so you only pay for completed work. Avoid paying the full amount upfront; always have a written agreement to protect both parties.
  • Contingency Fund: Always set aside extra money (10-20% of your budget) for unexpected costs like price changes, delays, or design adjustments. A good construction company will help you plan for these surprises and suggest ways to manage extra costs. This backup fund ensures your project runs smoothly without stopping due to money problems.

Timeline

Set a clear timeline. Decide when you need the project completed. Your deadline will affect how the construction company plans the work and what resources they use. A clear timeline helps avoid delays and keeps everything on track. When it comes to timelines, this is what you need to consider.

  • Constractor’s Availability: Before hiring, confirm that the company can start and complete the project within your required timeframe. Ask about their current workload—if they have too many projects, they might not give yours enough attention. A busy construction company could cause delays, while one with a well-managed schedule will keep things on track. Always get a clear commitment on start and completion dates in writing.
  • Project Size & Complexity: Larger or more complicated projects need more time to complete. A simple house may take a few months, while a big commercial building or custom design can take much longer. Talk to your contructor about the expected timeline based on the project’s size and difficulty. A good contractor will plan properly, allocate enough workers, and set realistic deadlines to avoid delays.
  • Workforce & Equipment: A construction company with enough skilled workers and the right tools can finish the job faster. If a contractor lacks workers or equipment, delays may happen. Ask about their team size and the machines they use to ensure they can handle the project efficiently. A well-prepared company keeps work moving smoothly and on schedule.
  • Permits & Approvals: Construction projects need legal permits before work begins. The best constractor understands local building rules and helps you get timely approvals. Delays in permits can slow down the project, so choose a constractor who knows the process well. Always confirm that all required documents are in place to avoid legal issues or work stoppages.
  • Past Project Timelines: Look at the company’s previous projects to see if they finished on time. Ask for references or check reviews to find out if they meet deadlines. A company with a history of delays may cause problems for your project. Hence, choose someone with a good track record to ensure your project stays on schedule.
  • Weather Conditions: Bad weather, like heavy rain, can slow down construction. Talk to your contractor about the best time to build and how they handle weather delays. Besides, a good construction company will plan for these challenges to keep the project on track.

Make sure the contractor can complete your project within the set timeline. Talk about possible delays and their plan for handling unexpected issues.

Design

Every project has a different design. Hence, you must share your ideas clearly with your construction company to ensure they match your vision. This is what you need to look out for in your contractor in regard to the design you have in mind.

  • Construction Company’s Experience: Pick a company that has worked on similar designs before. Their experience ensures they understand the style, materials, and techniques needed to bring your vision to life.
  • Architect Collaboration: Choose a construction company with stuffs who can communicate well and work smoothly with your architect or designer. Good teamwork ensures your design is followed correctly and any changes are handled efficiently.
  • Customization Ability: Ensure the contractor can handle unique designs and special features. Besides, they should be flexible and skilled enough to bring your custom ideas to life without compromising quality.
  • Material Knowledge: A skilled contractor will recommend high-quality materials that balance durability, style, and budget. Moreover, their expertise helps ensure your project looks great and lasts long.
  • 3D Models & Plans: Some construction companies offer visual models to help you preview the final design. This makes it easier to spot changes and ensure the project matches your vision.

How To Choose the Best Construction Company in Kenya

A good company finishes work on time, within budget, and will deliver quality projects. Here are some tips to help you choose the right construction company:

1. Check Constractor Credentials and Licensing

Choosing the right construction company starts with checking their National Construction Authority (NCA) registration. The NCA ranks construction company based on their skills and the type of projects they can handle. Always confirm that the company has the right licenses for your specific project, whether residential, commercial, or specialized work. Hiring a properly licensed company ensures quality, safety, and compliance with the law, saving you from future problems.

2. Research the Best Construction Company

The internet is a great place to start when looking for a reliable construction company. Begin by checking company websites, social media pages, and online reviews to learn about their experience, past projects, and customer feedback. Look for ratings on platforms like Google, Facebook, or industry-specific sites. Pay attention to both positive and negative reviews to get a balanced view. A construction company with a strong online presence and good reviews is more likely to be professional and trustworthy.

3. Get Recommendations from Trusted Sources

Word of mouth is one of the best ways to find a reliable construction company. Friends, family, or colleagues who have worked with constractors can give honest feedback based on their experiences. Their insights help you narrow your search and avoid unreliable companies. Consider project quality, timeliness, and overall satisfaction to make an informed choice. Here are some questions you need to ask when searching for recommendations including:

  • Personal Experience: Here are some questions to ask those recommending a contractor: was the work done well? Were they professional? Did they stick to the timeline? Honest answers to such questions will give you a better picture than online reviews.
  • Professional Networks: Architects, engineers, and builders often know the most reliable contractors. Their recommendations come from direct experience, making them valuable sources for finding trusted and professional building company. Ask them which contractors they trust and if they deliver quality work. Industry experts often have the best recommendations.

4. Assess Skills and Available Resources

A reliable contruction company must have the skills and resources to complete your project successfully. The company should have experienced professionals, including engineers and architects. Also, they should use modern tools and technology to enhance efficiency and work quality. The contractor must also follow local building codes and environmental laws. 

5. Prioritize Quality Over Cost

A cheap contractor may save you some bulk, but it could lead to poor work and costly repairs later. A good contractor offers fair prices while using quality materials and skilled workers. It’s always better to pay a little more for better work to ensure you end up with a strong, safe, and long-lasting venture.

6. Ask the Construction Company the Right Questions

When choosing a company, ask important questions to understand their skills and reliability: Here are some questions you can ask:

  • What challenges do you expect in this project, and how will you handle them? (it will help you understand their problem-solving ability) 
  • How do you make sure the work stays high quality? (it will help you understand their attention to detail) 
  • Can you give a timeline with key steps? (Helps you know how they will be tracking the progress and avoid delays) 
  • What happens if unexpected costs come up? (since they have done more projects, how they respond will help you prepare you for extra expenses) 
  • How will you update me on the project? (Ensures clear communication) 
  • What makes your company different from others? (this will reveal their strengths) 
  • Do you have trusted suppliers for materials? (you will know if they are ready for the project and if they know where to source quality materials) 
  • How do you handle problems or complaints? (you will understand their professionalism) 

These questions help you choose a contractor who is skilled, reliable, and the ones who will be easy to work with.

7. Consider Green and Smart Building Solutions

A good costruction company should use modern and eco-friendly building methods. For instance, ask if they are planning to use energy-efficient materials and how they plan to reduce waste while still following environmental laws. Sustainable construction lowers costs in the long run by saving energy and using durable materials. Also, check if they use smart technology, like green building, automated lighting or water-saving systems, to improve efficiency. Always go for a company that values sustainability and innovation for an environmentally friendly project.

8. Visit Completed or Ongoing Project Sites

Seeing a company’s work in person helps you understand their quality. If the contractor you intend to hire has any ongoing project, visit the site to see how they manage workers, safety, and cleanliness. If they have finished projects, be sure to check the quality of the project, design, and overall look. A well-organized site with skilled workers shows that the contractor is professional and reliable.

9. Assess the Construction Company Integrity and Reliability 

A trustworthy contractor values long-term relationships with suppliers, workers, and past clients. Frequent changes in workers or suppliers may signal poor management, non-payment issues, or broken trust. If a company delays material payments despite receiving client funds, it could indicate financial mismanagement or greed. Look for a company with stable partnerships and a reputation for honesty—this ensures smoother operations and a more reliable project outcome.

Final Thoughts: Build with Confidence

Your construction project is a big investment, and choosing the right company makes all the difference. A skilled and trustworthy company will guide you through the process, ensuring quality work, timely completion, and a stress-free experience. 

Bluman Properties Construction company is a great choice for clients in Kenya, offering expertise, reliability, and a strong track record. Their commitment to quality ensures your project is handled with care and professionalism. 

Take your time, do your research, and choose wisely. With the right construction company, you can build with confidence, knowing your project is in good hands.

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10 Profitable Real Estate Investment Opportunities | High ROI https://blog.blumanproperties.com/10-profitable-real-estate-investment-opportunities-high-roi/?utm_source=rss&utm_medium=rss&utm_campaign=10-profitable-real-estate-investment-opportunities-high-roi Sun, 09 Mar 2025 18:17:41 +0000 https://blog.blumanproperties.com/?p=357 Real estate is one of the best ways to grow wealth and create a steady income. It has produced countless millionaires in Kenya, and with the right knowledge and strategy, you can achieve the same success. Smart property investments offer long-term profits, tax benefits, and financial security. In this article, we reveal the secrets to […]

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Real estate is one of the best ways to grow wealth and create a steady income. It has produced countless millionaires in Kenya, and with the right knowledge and strategy, you can achieve the same success. Smart property investments offer long-term profits, tax benefits, and financial security. In this article, we reveal the secrets to profitable real estate investiment opportunities, thatwill guide you toward financial independence. But first, let’s explore why investing in real estate is a smart choice.

Why Choose Real Estate for Investment Opportunities?

  • Houses and land usually increase in value over time. This means your investment grows.  
  • Renting out your property gives you a steady monthly income. It’s like getting paid without working.
  • Unlike stocks, you can see and touch your house or land. That makes it feel safer and more secure. 
  • Even if the stock market crashes, real estate often keeps its value. It’s a more stable investment. 
  • Property can stay in your family for generations. It’s a great way to build lasting wealth. 
  • Owning real estate can give you tax benefits. This means you might pay less money to the government. 
  • Banks and lenders are more willing to give loans for real estate. This makes it easier to invest.
  • You can improve it to make more money. Upgrades like new paint or extra rooms can increase your property’s value. This means you can sell it for more.
  • No matter what happens, people will always need places to live. This keeps real estate in demand.
  • Unlike stocks, where companies make decisions, you decide what happens with your property. You’re in charge.
  • As prices rise, so does the value of real estate. This protects your money from losing value over time.

Profitable Investiment Opportunities Available in Real Estate Industry

Real estate is a smart and secure way to build wealth. The earlier you start, the more you can earn. Let’s look at different ways to invest your money in real estate.

1. Residential Real Estate

Kenya’s growing population means more people need places to live. As cities expand, the demand for houses and apartments keeps rising. This creates a great opportunity for you to invest and make good money. 

Although real estate requires a lot of capital, it can pay off quickly. If you rent out a property, you earn a steady monthly income. If you sell, you can make big profits. That’s why real estate is one of the best ways to grow wealth and secure your future.

Before investing in residential property, remember the golden rule: “Location.” The right location means higher value, better rental income, and strong long-term growth. A prime spot attracts tenants easily and boosts your investment. In real estate, location isn’t just important—it’s everything!

2. Commercial Properties

Investing in commercial properties in Kenya is a powerful way to generate wealth. With businesses expanding and urban centres growing, demand for office spaces, retail shops, and warehouses is on the rise. Unlike residential rentals, commercial properties often bring in higher rental income and long-term lease agreements, ensuring steady cash flow. Prime locations in Nairobi, Kisumu, Mombasa, and other major cities attract businesses willing to pay a premium for the right space. Whether you choose to invest in office buildings, shopping complexes, or mixed-use developments, commercial real estate offers strong returns and long-term financial security.

3. Short-Term Rentals & Airbnb

Short-term rentals, especially through platforms like Airbnb, is among the highly profitable real estate opportunities in Kenya. With the rise in tourism, business travel, and digital nomads, demand for furnished apartments and holiday homes is growing. Properties in prime locations like Nairobi, Mombasa, and Naivasha can generate higher returns than traditional rentals. Unlike long-term leases, short-term rentals allow you to adjust prices based on demand, maximizing your income. If you invest in well-furnished, strategically located properties, you can attract a steady stream of guests and enjoy high profits.

4. Affordable Housing Investment

Kenya’s Affordable Housing Initiative, launched in 2017 under the Big Four Agenda, has created a profitable and socially impactful investment opportunity. With a rising demand for low and middle-income housing, investors can develop affordable homes while benefiting from government incentives, tax breaks, and subsidies. Public-Private Partnerships (PPPs) also make collaborating with the government on large-scale projects easier, reducing risks and increasing profitability. 

Unlike luxury real estate, affordable housing guarantees high demand, ensuring steady rental income and long-term returns. As urban populations grow, this sector offers not only financial rewards but also the chance to bridge the housing gap and improve living conditions for many Kenyans. Investing in affordable housing means securing your future while making a lasting impact on society.

5. Student Housing Investment

With more students joining universities every year, student housing is a great way for you to invest and make a steady income. Many schools don’t have enough hostels, so students look for places to stay near their campuses. This creates a high demand for affordable and safe rentals. 

You can build or convert properties into student hostels and rent them out per bed space, increasing your earnings. If you add essentials like Wi-Fi, security, and study areas, your property will attract even more tenants. Since students need housing every year, this investment guarantees you steady profits and long-term success.

6. Holiday Homes & Vacation Rentals

If you want to invest in real estate and earn good money, holiday homes and vacation rentals are a great option. Many tourists, business travellers, and locals looking for weekend getaways prefer short-term stays in well-furnished homes instead of hotels. 

Unlike Airbnb, which focuses on short stays in urban areas, holiday homes are often located in scenic destinations like Mombasa, Diani, Naivasha, or Nanyuki. These properties attract visitors looking for a relaxed, private, and extended vacation experience. You can buy or build a home in these prime locations and rent it at premium rates, especially during peak seasons. With the right location, good furnishings, and proper marketing, this investment guarantees high returns opportunities while allowing you to enjoy the real estate property whenever you need it.

7. Investing in Mixed-Use Developments for Maximum Returns

If you want to earn from multiple income sources in real estate, mixed-use developments are a great investment. These properties combine residential, commercial, and retail spaces in one location, making them attractive to tenants and businesses. People can live, work, and shop in the same place, creating convenience and high demand. 

Unlike single-use properties, which rely on only one type of tenant, mixed-use developments allow you to rent out apartments, lease office spaces, and attract businesses like supermarkets, restaurants, and shops. This means you get multiple streams of income from one investment. When you build or buy in high-growth areas like Nairobi, Mombasa, or Kisumu, your property value increases over time, ensuring long-term success.

8. Warehousing and Industrial Real Estate

Warehousing and industrial real estate are becoming highly profitable investment opportunities in Kenya. With the rise of e-commerce, retail chains, and large-scale manufacturing, businesses need storage spaces, factories, and distribution centres. Investors who build or buy warehouses in strategic locations, such as near highways, ports, and major cities like Nairobi, Mombasa, and Kisumu, can enjoy high demand and steady rental income. 

These properties often have long-term lease agreements, meaning you earn a stable income for years. Additionally, industrial spaces require less maintenance compared to residential buildings, reducing costs while increasing profitability. As Kenya’s economy grows and businesses expand, the need for warehouses and industrial real estate will continue to rise, making this a smart and future-proof investment.

9. Retirement Homes Investment

As Kenya’s citizens grow older, the demand for retirement homes increases. Many retirees prefer peaceful, secure, and well-equipped living spaces where they can enjoy a comfortable lifestyle. Investing in retirement communities or specialized housing for seniors is a great way to earn a steady income while providing a much-needed service. 

Kenya already has several established retirement homes catering to this growing need. For instance, there is Rosewood Retirement Home in Karen, Fairseat Foundation in Rosslyn, and Fadhili Retirement Village along Mombasa Road. They all offer comfortable living spaces and all needed essential services. Other notable homes include Thogoto Home for the Aged in Kikuyu and SJ Remedial Homes for the Elderly in Lower Kabete, which provide specialized care for senior citizens. 

Ideal locations for such investments include Naivasha, Nanyuki, Limuru, and Karen, where the environment is quite scenic and has access to good healthcare facilities. With fewer investors in this sector, retirement housing presents a profitable and long-term opportunities in Kenya’s real estate market.

10. Land Banking Investment

Land banking is one of Kenya’s easiest and most profitable real estate investments. It involves buying land in developing areas and holding it until its value appreciates. As cities expand and infrastructure improves, land prices rise, allowing investors to sell at a much higher price. 

Many investors have made huge profits by purchasing land in fast-growing areas like Kitengela, Juja, Isinya, Konza, and Nanyuki. These locations are experiencing rapid development, making them ideal for long-term investments. Unlike buildings, land requires little to no maintenance, making it a hassle-free way to grow wealth. By choosing the right location and holding onto the property for a few years, you can enjoy significant returns on investment.

Final Words On Profitable Real Estate Opportunities

Kenya’s real estate market is full of profitable opportunities for those who are ready to take action. Whether it’s land banking, student housing, commercial properties, or short-term rentals, every investment avenue offers a path to financial growth. The key to success lies in thorough research, strategic planning, and a long-term vision.

Real estate has created wealth for many, and with the right approach, it can do the same for you. As the market continues to grow, now is the best time to invest and secure your financial future.

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Proven Ways To Get Real Estate Clients As A New Realtor https://blog.blumanproperties.com/proven-ways-to-get-real-estate-clients-as-a-new-realtor/?utm_source=rss&utm_medium=rss&utm_campaign=proven-ways-to-get-real-estate-clients-as-a-new-realtor Fri, 21 Feb 2025 11:05:29 +0000 https://blog.blumanproperties.com/?p=345 Are you a new real estate agent in Kenya wondering how do real estate agents get clients? Getting started can feel challenging, but with the right approach, you can succeed. The market has become very competitive, but using smart strategies can attract clients and grow your business. A study by the National Association of Realtors […]

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Are you a new real estate agent in Kenya wondering how do real estate agents get clients? Getting started can feel challenging, but with the right approach, you can succeed. The market has become very competitive, but using smart strategies can attract clients and grow your business.

A study by the National Association of Realtors (NAR) found that 88% of buyers purchase homes through a realtor or broker. As more people buy homes, the need for real estate agents continues to grow. Hence, you can take advantage of this demand, attract clients, and build a successful career.

This guide will help you take the right steps, gain confidence, and set yourself up for success.

First, Let’s quickly explore the key parts of a marketing plan.

Know Your Market

Knowing your market is important for success in real estate. It’s among the first and most effective ways to get your first real estate client. All you need is to understand property prices, which areas are in high demand, and what buyers and sellers are looking for. Check recent home sales to see pricing trends and how fast properties sell.

Start your Real Estate Journey With A Marketing Plan and Get Clients

To succeed in real estate, you need a clear plan to attract clients and grow in this industry. Before diving into marketing, it’s important to understand your market, identify opportunities, and learn from other agents. 

Identify Gaps

Identifying gaps in the market will help you find opportunities that other realtors may be missing. Look for areas with high demand but few real estate agents or property types that are not well represented. For example, some neighborhoods may lack agents specializing in rental properties or affordable housing. Talk to buyers and sellers to understand their biggest challenges, such as finding homes within a certain budget or getting good financing options. Once you focus on these gaps, you can position yourself as the go-to agent for specific needs, making it easier to attract new clients to your real estate business.

Research Competitors

Knowing your competitors helps you understand what other real estate agents are doing and how you can stand out and get clients. Start by identifying the top agents in your area and analyzing their marketing strategies, pricing, and client approach. Look at their websites, social media, and customer reviews to see what clients like or dislike about them. Pay attention to their strengths, such as strong online branding or excellent customer service, and find areas where you can improve or offer something different. Make it a habit to learn from successful agents and filling gaps they may have missed. That way, you can position yourself as a unique and reliable choice for clients.

Build a Network

Building a strong network is key to growing your real estate business. Start by connecting with other realtors, property developers, and mortgage brokers who can refer clients to you. Attend industry events, join real estate groups, and engage with professionals both online and in person. Networking with past clients and local businesses can also help spread the word about your services. The more people you know, the more opportunities you’ll have to find buyers, sellers, and valuable partnerships. A strong network builds trust and keeps your business growing.

Top 17 Proven Ways For Real Estate Agents to Get Clients in 2025 (Traditional and Digital)

Digital marketing provides fast results, while traditional methods continue to be powerful in real estate. When looking for ways to get more clients as a real estate agent, the key is to blend both methods. Online strategies help you reach a larger audience instantly, while traditional methods, like referrals and networking, create strong, lasting connections. Once you use a mix of both, you can maximize your reach, attract more clients, and grow your real estate business effectively.

First, we will cover digital marketing strategies to help build your business foundation. Then, we will explore traditional methods to strengthen your presence in the market.

1. Create a Professional Website to Build Trust and Boost Sales

In today’s digital world, a professional website is a must for any realtor. People trust businesses that have an online presence, and a well-designed site instantly boosts your credibility. When potential real estate clients search for properties or realtors, your website should have clear, updated information. It acts as your digital office, providing visitors with listings, contact details, and reasons to choose you. Without a website, you risk losing clients to competitors who look more established. A clean, modern site not only builds trust but also increases your chances of turning visitors into loyal customers.

In a world where anyone can create a fake social media profile, having a professional website sets you apart as a genuine and trustworthy realtor. A website gives you complete control over your brand, ensuring clients find accurate information directly from you. Unlike social media, which can be easily copied or misused, a well-designed website proves that you are a real, established professional. It acts as your online headquarters, giving potential clients confidence in your services and making it easier for them to reach out and do business with you.

2. Use SEO and Blogging to Attract Clients and Drive Consistent Traffic

When people need a realtor, they search online using terms like “best realtor in Kenya” or “top real estate agent near me.” To ensure your name appears in those searches, you need a strong SEO strategy. Start by completing your Google My Business profile and optimizing your website with local SEO techniques. Adding a blog section helps even more, as 77% of internet users read blogs. By sharing real estate insights, market trends, and helpful tips, you can rank for more search terms while building trust with potential clients. A well-optimized website with a blog is a powerful, low-cost way to drive consistent traffic and grow your real estate business.

3. Establish Your Presence on Social Media

Social media is one of the quickest and most effective ways to let potential clients know you’re available. You can begin by sharing helpful, relevant content on your platform. This way, you will engage with your audience and also drive traffic to your website. While platforms like Facebook, Instagram, Twitter, and TikTok remain popular, focusing on the ones that align best with your goals is important. With the right strategy, social media not only helps you build your brand but also enables you to run ads and content marketing that can reach a wider audience and attract more clients.

4. Use Content Marketing to Get Real Estate Clients

Use content marketing to engage and grow your audience. Now that you have a website and social media profiles set up, the next step is to use these platforms for content marketing. Content marketing helps generate organic traffic, build real engagement, and expand your reach. Begin by sharing valuable educational content to position yourself as an expert realtor. It will make it easier for potential real estate clients to trust you.

In fact, 81% of marketers consider content a core business strategy. Don’t be afraid to add humor or memes to your content—these can go viral and help you connect with a wider audience. Also, prioritize video content, as it’s far more engaging and effective at capturing attention than written posts or images.

5. Present Yourself as an Expert to Build Trust and Authority

For you to stand out in real estate and get clients, it’s important to present yourself confidently in front of the camera. You can create valuable content by educating your audience on topics such as relocating from one area to another, including housing prices, local laws, job opportunities, and other important information. This type of content builds trust, positions you as an expert, and helps foster relationships with potential clients. You can share photos or videos of your listings, client testimonials, success stories, and helpful educational tips to provide real value to your audience.

6. Build Your Own Audience with an Engaging Email Newsletter

While social media and websites are essential for reaching potential clients, you don’t have full control over your audience. Posts on platforms like Facebook may not reach everyone, and search engine changes or site issues could result in lost traffic. That’s why building a personal email list is crucial and a good way to get more clients as a real estate agent. With a targeted email list, you can connect directly with your audience no matter what happens online.

To grow your list, offer a “lead magnet”—a free resource, like a guide (e.g., “The Ultimate Guide to Finding the Right Home in Kenya”), in exchange for their email address. Once you’ve built your list, send consistent, valuable content that keeps your audience engaged and coming back for more.

Email marketing is a game-changer for realtors. It makes it easy to share new listings, blog posts, and special promotions with thousands of potential clients in seconds. A well-crafted email keeps your audience engaged and informed, whether announcing an open house, providing market updates, or showcasing properties. You don’t have to start from scratch. Plenty of predesigned real estate email templates are available, or you can customize general templates to match your brand. Purpose to provide valuable content consistently. Within no time, you will have built a stronger relationship and grown your real estate business.

7. Maximize Your Reach with Paid Advertising for Quick Results

If you want fast results and a high return on investment, paid advertising is the way to go. It can boost brand awareness by up to 80% and instantly put your real estate business in front of the right audience. Platforms like Google, YouTube, Facebook, and Instagram allow you to create highly targeted ads based on factors like age, location, profession, and interests—ensuring your message reaches the right people at the right time. 

Unlike organic marketing, which takes time to build momentum, paid ads deliver immediate results. You don’t need a massive budget or months of waiting to see success. With the right strategy, a well-optimized campaign can start bringing in leads overnight. Making paid advertising one of the most powerful tools for realtors looking to grow quickly.

8. Make a Lasting Impression with High-Quality Visuals

Buying a home is an emotional decision, and the right visuals can spark excitement and connection. For many, owning a home is a lifelong dream, so your photos and videos should inspire that vision. Before potential buyers step foot on a property, they rely on images and videos to decide if it’s worth their time. 

Your visuals create the first impression—make it count. Invest in high-resolution photos, engaging video tours, and 3D virtual staging to bring properties to life. While professional visuals may require an upfront investment, they save time, attract serious buyers, and ultimately help close deals faster.

Offering high-quality digital assets makes property viewing seamless and accessible. Some buyers prefer to explore listings privately before reaching out. They’re more likely to show interest when they see evidence of stunning photos, videos, and detailed information at their convenience. Staging also plays a significant role—studies reveal that 85% of staged homes sell for 6-25% more than unstaged ones. Investing in virtual tours and professional staging attracts more buyers and increases property value.

Also, you can take your property marketing to new heights with drone photography. Aerial shots add a unique perspective, making virtual tours and walkthroughs more immersive and visually striking. Incorporating drone footage not only sets you apart from the competition but also enhances your professional image, leaving a lasting impression on potential buyers.

9. Use LinkedIn to Grow Your Network and Get Quality Leads

LinkedIn is a great place to connect with the right people and build your brand. The platform is full of serious, business-minded professionals, making it easier to find real clients. You can share your success stories, tips, and advice to show your expertise and attract more leads. By staying active and engaging with others, you can grow your network and become a trusted name in real estate.

10. Connect with Other Real Estate Agents to Grow Your Network

Your network can open doors that hard work alone cannot. Connecting with the right people can lead to unexpected opportunities and valuable partnerships. While social media and LinkedIn are great for growing your presence, offline connections are just as important. Make it a habit to attend industry events, seminars, and webinars to meet like-minded professionals. Share your knowledge, offer help, and build genuine relationships.

When people know who you are and what you do, they’ll remember you when opportunities arise. Stay authentic be kind, and your network will work for you in ways you never imagined.

Networking helps you learn from experienced professionals, share opportunities, and even get client referrals. The more people you know, the more chances you have to grow your real estate business. Whether online or at industry events, connecting with others in your field can give you valuable insights and support.

11. Cold Calling Is A Classic Strategy That Still Works

Many shy away from cold calling, but it remains a powerful way to reach potential clients. While it may seem intimidating at first, confidence grows with practice. Cold calling gives you direct access to people and allows you to focus on a targeted list that fits your business. 

For even better results, combine it with email marketing. Mentioning a previous email creates familiarity and increases the chances of engagement. In fact, 82% of buyers agree to sales meetings after an initial cold call. With the right approach, cold calling can still be a game-changer in real estate.

12. Business Cards and Postcards are Simple Yet Powerful Marketing Tools

Handing out business cards never goes out of style. As a realtor, having a well-designed card is a must. It’s an affordable way to leave a lasting impression and instantly boost your professionalism. Keep the design clean and simple.  

Postcards work in a similar way but on a larger scale. They help build brand recognition in target areas, making it easy to introduce yourself to the community. Whether you’re sharing your contact details or promoting your services, business cards, and postcards remain effective, timeless marketing tools.

13. Boost Trust and Confidence with Customer Testimonials

Before making a decision, most customers read online reviews. If you’ve provided great service, don’t keep it a secret—share it! Testimonials help build trust and give potential buyers the confidence they need, especially in real estate, where big investments require validation. 

However, it is always good to get your clients’ permission before sharing their testimonials publicly.

14. Get New Real Estate Referrals and Stay Connected with Past Clients

Closing a deal doesn’t mean ending your relationship with your real estate clients. Keeping in touch is far more cost-effective than constantly searching for new leads. Past clients can make multiple purchases or refer friends and family—36% of real estate sellers found their agent through a referral. 

Follow up after the sale with a simple check-in to show you care. Ask for referrals in a natural way without being too pushy. A referral program with rewards for successful leads can also encourage word-of-mouth recommendations. If you have a large client list, email is an easy way to stay connected.

Also, a small gift can leave a lasting impression. For instance, you can send branded items like keyrings, pens, mugs, or bags to past clients to keep you on their minds when they or someone they know needs a realtor. These thoughtful gestures show appreciation and help strengthen your relationship, increasing the chances of referrals and repeat business.

15. Turn Competitor Mistakes into Your Advantage

You don’t have to make mistakes to learn—let your competitors do that for you. Identify where they fall short and find ways to do better. More importantly, use their mistakes as opportunities to offer better solutions. Fixing what others get wrong helps you stand out, build a strong reputation, and earn positive word of mouth faster.

In a crowded market, keeping an eye on your competitors is essential. See what strategies work for them and learn from their successes and failures—you don’t always need to start from scratch.

If you’ve done your market research and created a solid marketing plan, you should already have a list of competitors. Use this knowledge to set yourself apart. The opportunities you find and where you focus will largely depend on understanding who you’re competing against. Stay informed and always find ways to stand out.

16. Attract New Real Estate Clients with Exclusive Offers

Standing out as a new real estate agent can be challenging, but offering exclusive promotions can give you an edge. Consider offering discounted commission rates for your first few clients or free services like home evaluations or staging consultations. These perks can make potential clients more likely to choose you over competitors. Make sure to highlight the value of your offers and how they benefit buyers and sellers, helping you build trust and grow your client base quickly.

17. Use Traditional Media to Stay Top of People’s Minds

When people think of coffee, they think of Starbucks. For smartphones, it’s Apple or Samsung. That’s the power of top-of-mind awareness (TOMA). You want the same effect—when someone needs a realtor, your name should come to mind first. 

Traditional media like billboards, newspaper ads, and event sponsorships keep your brand visible. The more people see your name, the more likely they will call you when they’re ready to buy or sell.

Your Path to Becoming a Top Realtor Is Wide Open

There are no limits to your success in real estate. With the right strategies, consistency, and dedication, you can establish yourself as a top-performing realtor. Stay focused, keep learning, and take action—your next big opportunity is just around the corner.

With the right marketing strategies, tools, and mindset, nothing can hold you back from becoming a top-tier realtor. A winning mindset means always aiming for success, genuinely helping clients, and going the extra mile to stand out from the competition.

The post Proven Ways To Get Real Estate Clients As A New Realtor appeared first on Bluman Properties Blog.

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What You Need To Know Before You Start Building In Kenya https://blog.blumanproperties.com/building-in-kenya/?utm_source=rss&utm_medium=rss&utm_campaign=building-in-kenya Tue, 04 Feb 2025 19:58:39 +0000 https://blog.blumanproperties.com/?p=315 These are some incidents that we often hear happening here in Kenyan news from time to time. Buildings collapsing, leaving people homeless while taking away people’s livelihoods and businesses. Such occurrences have raised concerns about building standards in Kenya and whether rules and regulations are put in place and properly followed. Building permits are essential […]

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  • Building collapses in Bungoma Kenya, trapping an unknown number. 
  • The under-construction building falls in Nairobi at night. 
  • City center collapse leaves several people injured.
  • A five-story building collapses in Uthiru; the number of people trapped is unknown.
  • These are some incidents that we often hear happening here in Kenyan news from time to time. Buildings collapsing, leaving people homeless while taking away people’s livelihoods and businesses.

    Such occurrences have raised concerns about building standards in Kenya and whether rules and regulations are put in place and properly followed.

    Building permits are essential because they ensure projects are inspected and approved by qualified professionals, which helps to prevent shortcuts during construction.

    In this article, we will get to understand Kenya’s policies and regulations when it comes to planning to build a house.

    Knowing those regulations will help you save time and money and make your construction journey smooth. But before that, let’s understand the role of NCA, an important body in Kenyan law.

    NB. The rules apply to every type of construction, whether commercial, residential, or even industrial projects.

    The Role of The National Construction Authority (NCA) When Building in Kenya

    The appropriate professional bodies, like the NCA, must ensure that you meet the minimum health and safety standards. The NCA is also responsible for conducting thorough audits of all buildings, including those still under construction.

    The NCA also carries some other duties, including:

    • Using a multi-sectoral approach, they evaluate buildings to decide if they are safe for habitation or need demolishment. In collaboration with stakeholders like the National Environment Management Authority (NEMA), the NCA determines the building’s suitability.
    • Identify buildings that do not meet construction standards or lack necessary approvals due to missing title deeds. The NCA works with groups like NEMA to decide if a building is safe to live in or if it should be demolished. Basically, it determines the building’s suitability.
    • Plays a key role in raising public awareness about safe construction practices and the need to comply with building regulations in Kenya. Through campaigns, workshops, and educational materials, it informs citizens about the risks of unsafe buildings and the benefits of proper planning and approvals.
    • The NCA settles disagreements between people in the construction industry, like contractors and clients. It acts as a mediator to ensure fair solutions and good teamwork.
      • Demolishes buildings that don’t meet safety standards. 
      • Approves buildings that meet standards but lack permits.
    • Arrests and prosecutes fake officials posing as Ministry of Land, Urban Development and Housing staff.

    Next, let’s understand some of the approvals you must have before you begin any construction project.

    Required Building Approvals You Must Obtain in Kenya

    1.    Verify the Authenticity of Title Deeds

    The land you choose to build your house on is very important. You should think carefully about things like the size of the land, where it is, and the shape of the land. These things will decide what kind of house you can build.

    Ensure you have a ready title deed because you will need it when applying for construction approvals from government offices.

    2.    Accurately Define Land Surveys and Boundaries

    Carry out a land survey to precisely establish the property’s boundaries and size. This helps prevent future boundary disputes and ensures the land you purchase matches the seller’s description.

    3.    Ensure Compliance with Zoning Regulations

    Ensure the land is zoned for residential use by verifying compliance with local zoning regulations. This will prevent construction issues and ensure your plans align with the area’s intended use.

    4.    Navigate and Understand Land Tenure Systems

    It’s crucial to understand the land tenure system in the area, whether it’s leasehold, freehold, or community land. This knowledge will help you grasp the specific terms and conditions associated with the land.

    5.    Conduct a Detailed Review of Legal Documents

    Consult legal professionals to draft and review all necessary legal documents for the land transaction, including sale agreements, transfer documents, and any related contracts.

    6. Obtain Necessary Local Authority Approvals

    Before starting any construction project, securing approvals from the local authorities is crucial. These approvals ensure your project complies with zoning laws, building codes, and environmental regulations. Submitting the required documents, such as building plans and proof of land ownership, is typically part of the process. Failing to obtain these permits can lead to delays, fines, or even legal action.

    Essential Documentation Required For House Building ApprovaI Kenyal

    To safeguard your property and avoid potential legal disputes, it’s crucial to obtain proper documentation and approvals before you start your construction journey. Unfortunately, many homeowners lost their property due to insufficient proof of ownership. To prevent such unfortunate incidents, always seek approval from the local authorities before starting any construction project. It will ensure that your building process adheres to legal requirements and that your ownership rights are legally recognized.

    Securing approval for house construction in Kenya requires several critical documents to ensure compliance with legal and regulatory standards. These include: 

    • Title Deed: To prove that you own the land.
    • Survey Plan: This is a certified map showing the land’s exact boundaries and measurements. 
    • Architectural Drawings: This is a detailed house plan prepared by a licensed architect and approved by relevant authorities. 
    • Structural Designs: This is a certified plan you will get from a construction engineer to prove the building’s structural integrity. 
    • Environmental Impact Assessment Report: This only applies to projects that may impact the environment, and you will get them from the National Environment Management Authority (NEMA)
    • Zoning Approval: This clearance confirms the property’s compliance with local zoning regulations. 
    • County Permits: These are approvals from the county government for the construction, including planning and safety compliance. 
    • Contractor’s Registration Certificate: This proves the contractor is licensed to perform construction work. 

    Authorities to Submit Building Documents for Approval In Kenya

    Now that you have all the documents you need, the next question will be, where do you go from here? In Kenya, the documents for house building approval must be submitted to various authorities, depending on the type of approval required. Here’s where you need to take them: 

    1. County Government Offices

    Submit your architectural and structural plans to the respective county government’s planning and development department. They review the designs for compliance with zoning, safety, and building regulations. 

    • National Construction Authority (NCA)

    Register your project with the NCA, which oversees construction standards and ensures compliance with national building codes. 

    • National Environment Management Authority (NEMA)

    For projects requiring an Environmental Impact Assessment (EIA), submit the report to NEMA for approval to ensure environmental protection compliance. 

    • Board of Registration of Architects and Quantity Surveyors (BORAQs)

    Ensure that all professionals involved, such as architects and surveyors, are registered with BORAQs to meet professional standards. 

    • Local Utility Providers

    Depending on your needs, you may also need approval from utility providers for connections to water, electricity, and sewer systems. 

    Once you submit it to each construction body, you can confidently proceed with the project. You won’t have to worry about penalties or delays, as your construction project is legally compliant.

    Other Requirements

    1.      Detailed Building Plan and Bill of Quantities (BQ)

    Once you’ve finalized the necessary documentation, the next step is to select a suitable house plan. First, engage in detailed discussions with your architect, sharing your specific requirements and preferences. Also, consider scheduling a site visit with the architect to assess the site’s unique features, as these may influence the optimal design of your home. Collaborate with your architect to develop a customized building plan, accompanied by a comprehensive Bill of Quantities (BQ) outlining the total construction cost. Tailoring your building plan to your specific needs and preferences is often the most effective approach to achieving your dream house.

    2.      Comprehensive Financial Planning for Construction

    Sound financial planning is a cornerstone of successful home construction. Though it may not be a requirement from government construction bodies, it’s an important plan for your construction journey.

     A detailed Bill of Quantities (BQ) provides a clear breakdown of costs, enabling you to allocate funds effectively and make informed decisions. While some may require construction loans, others prefer a phased approach, undertaking one section at a time. A well-structured BQ can be invaluable in both scenarios. Thus, it’s advisable to consult with lenders early on to assess your eligibility for financing and gain confidence in your construction plans.

    3.      Hire the Right Professionals

    It can be tempting to take the building project on your own to save on professional services. That’s where most Kenyans go wrong; and many cases of falling buildings. Some go for less qualified professionals who will demand less money and end up paying dearly for the same.

    While the allure of a DIY home construction project can be tempting, it’s important to recognize the potential pitfalls of undertaking such a complex task without professional expertise. Lacking construction experience can lead to costly mistakes that may take years to rectify. Therefore, to ensure a structurally sound and safe home, it’s essential to assemble a team of skilled professionals who can guide the construction process from start to finish.

    Here are the key experts you’ll need on your team.

    4.      Reputable and Approved Architect for Building in Kenya

    To select the right architect, research local options and gather recommendations from trusted sources. Review their portfolios for experience with designs similar to your vision. Confirm their credentials, licenses, and professional affiliations to ensure credibility. Finally, meet them to discuss your ideas, budget, and expectations, providing clear communication for a seamless design process.

    Ensure the architect you hire is licensed and registered with the Board of Registration of Architects & Quantity Surveyors (BORAQs).

    In Kenya, an architect’s payment typically ranges between 6% and 10% of the total construction cost, depending on the project’s scope and complexity. Their role includes:

    • Prepare a comprehensive design for the house plan. 
    • Outline specifications and provide the project cost estimates. 
    • Verify adherence to safety standards and building regulations. 
    • Help secure financing through the bank. 
    • Recommend or select suitable subcontractors. 
    • Conduct site visits to monitor project progress. 

    5.      Approved Quantity Surveyor for Building In Kenya

    When selecting a land surveyor, start by identifying qualified professionals with experience in residential projects. Secondily, review their previous work and client testimonials to assess their accuracy and reliability. Afterwards, request proposals from the surveyors outlining the scope of work, timeline, and cost, allowing you to compare options and choose the best fit for your project. Finally, facilitate a collaboration between the surveyor and architect to ensure accurate land measurements are incorporated into the design, ensuring a smooth and successful construction process.

    Just like the architect, the surveyor should be registered with BORAQs and hold the necessary licenses and certifications to meet industry standards.

    In Kenya, a quantity surveyor typically charges a fee ranging from 1% to 3% of the total construction cost, depending on the project’s size and complexity.

    Your quantity surveyor will be in charge of:

    • Drafting the bill of quantities, which outlines the project’s timelines, material measurements, and labor requirements. 
    • Overseeing costs to ensure the project stays within budget
    • Offering cost estimates for the entire project. 
    • Dividing the project into smaller, manageable components. 
    • Handling contracts and addressing legal matters. 
    • Coordinating subcontractor payments.

    6.      Approved Construction Engineer for Building in Kenya

    When selecting a construction engineer, focus on choosing the one with expertise in residential projects and a strong understanding of local building codes and soil conditions. Verify their credentials, including education, licenses, and certifications from recognized engineering bodies, to ensure they meet professional standards. Schedule a site inspection to assess soil conditions and design an appropriate foundation that guarantees stability and safety. Also, encourage collaboration between the engineer, architect, and surveyor to ensure the foundation design aligns with the architectural plans and accurate land measurements.

    In Kenya, construction engineers typically charge a fee ranging from 1% to 3% of the total construction cost, depending on the project’s scope and complexity.

    The work of a construction engineer includes;

    • Review the drawings and design to confirm the project’s feasibility.
    • Hire subcontractors and arrange for the required tools and machinery.
    • Collaborate with the quantity surveyor to order materials and ensure the project stays within budget.
    • Oversee the subcontractors’ work.

    7.      Approved Interior Designer for Building In Kenya

    An interior designer helps transform spaces to match the client’s vision, functionality, and style by working with homeowners, architects, and contractors. They handle layout design, furnishings, materials, and colour choices to create aesthetic and practical spaces. While they focus on factors like space planning, lighting, and ergonomics, their services are not mandatory—it’s possible to achieve a well-designed space without an interior designer.

    Conclusion

    Before starting a building project in Kenya, it is vital to understand and comply with all required approvals to avoid legal issues or delays. You know how construction comes looking for any loophole in terms of approval so that they can harass you, and you end up giving them a lot of money.

    Having proper documentation and ensuring you understand what you require will lay a strong foundation for a smooth and successful construction process.

    We have given you clear guidelines; hence, if you follow the advice, you can confidently build your house.

    Bluman Properties – Delivering Your Dream

    At Bluman Properties, we handle everything—approvals, paperwork, and construction—so you don’t have to worry about a thing. We know how stressful permits and approvals can be, with officials looking for any mistake to slow you down or demand extra money. That’s why we take care of every detail, ensuring your project is fully compliant from start to finish. With our experience in building many homes all around Kenya, we make the process smooth, stress-free, and efficient. Trust us to bring your dream home to life while you relax and enjoy the journey.

    The post What You Need To Know Before You Start Building In Kenya appeared first on Bluman Properties Blog.

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    11 Expert Tips to Attract Clients as a Real Estate Agent https://blog.blumanproperties.com/11-strategies-to-get-clients-as-a-real-estate-agent/?utm_source=rss&utm_medium=rss&utm_campaign=11-strategies-to-get-clients-as-a-real-estate-agent Sat, 01 Feb 2025 07:32:00 +0000 https://blog.blumanproperties.com/2019/07/19/11-strategies-to-get-clients-as-a-real-estate-agent/ Real estate is a competitive business, and it has had interesting ups and downs for the past decade. But fortunately, there’s enough business to do in this industry. Many people are continually listing their homes for sale, searching for rental houses, and looking for flats. Nevertheless, suppose you are a real estate agent and don’t […]

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    Real estate is a competitive business, and it has had interesting ups and downs for the past decade. But fortunately, there’s enough business to do in this industry. Many people are continually listing their homes for sale, searching for rental houses, and looking for flats. Nevertheless, suppose you are a real estate agent and don’t know how to attract new clients. In that case, you rob yourself and miss out on action for an opportunity to build a lucrative career.

    In 2025, you need to think of the best ways to get customers in real estate and great strategies to do it right. Lucky for you, we have 11 great expert tips to help you learn how real estate agents get clients and build a productive career out of it.

    Begin with People You Already Know

    The first most creative ways to get real estate clients is by is by reaching out to the people who know you for a long time. Let them know you have established a career as a real estate agent. Tell friends, family members, former colleagues, church members, etc. Remember that although your acquaintances, friends, and family may trust you as a person, it might take them some time to trust you as a real estate professional.

    Be patient, and don’t be pushy. Once you get your first lead, nurture the relationship. It will generate a repeat and referral business. According to research, on average, referrals account for 90% of real estate transactions. In comparison, 92% of people trust recommendations from family and friends in any form of market.  Thus, don’t hesitate to ask your happy clients to pass the information alongside your business card. Chances are, they will be glad to do that, and in return, you will gain potential future customers.

    Strive To Meet New People

    Enlarge your network by making it your mission to meet new people. Ensure that every person you meet know you are a real estate agent and they can contact you any time they need your services.

    Here are a handful of ways of doing that;

    • Talk to your neighbours
    • Join gym
    • Volunteer in the event happening in your
    • neighborhood
    • Attend events
    • Join meet up
    • Talk to strangers

    Let as many people as possible know you are a real estate agent as you put more effort and focus on building relationships. Face the world with a genuine interest and open heart in getting to know people. With a lot of trust, your newfound friends will gladly provide referrals or even work with you when they need houses to let, sell or buy.

    Follow Up With Clients

    It’s critical for a real estate agent to stay in touch with their past clients in order to attract new ones. For many people, buying, renting, and selling land and houses don’t happen often, but once it does, you want to be the real estate agent they will contact. If you haven’t yet started, begin sending regular email newsletters filled with valuable insights designed to truly assist and engage your clients. By reaching out this way frequently, your past clients are more likely to remember you once in need of your service again. 

    Post on Social Media Often

    Nowadays, everyone uses social media to update about their lives. However, as a broker or a real estate agent, are you using this channel to nurture and develop your business? If your answer is no, this should be your 2019 resolution.

    Meet your prospective clients where they are: online.

    While still on this, one big mistake many agents make with social media is posting home listings only. Make it a habit to post various services such as land for sale, vacant houses, houses for sale, etc.

    Also, ensure you share value-rich content that is of help to every person. Request your network to engage and share their thoughts in the comment section, and ensure you respond once they do.

    Build a Website and Include Strong Web Content

    This is a powerful tool for anyone wishing to establish their real estate career. When people are in need of professionals, they usually search online, including professional real estate agents. Without spending a lot of money, you can begin with a basic website and give the number of available and easy-to-use website templates; you don’t need to be a tech guru to start.

    Create compelling content for your website. Highlight the areas you serve, the clients you specialize in, and your credentials. Adding a blog with buying, selling, and mortgage tips can also boost your credibility and attract potential clients.

    Incorporate some keywords that your client uses when searching for properties and agents in your location. Optimize content by using relevant keywords and ensure you include them naturally. For instance, if you are a real estate agent in Rongai, you can add phrases such as “Rongai home buying tips,”  “How to buy a house in Rongai,” “Finding the best property agent in Rongai,” “available houses for sale in Rongai.”

    Note that the easiest way to get a flow of clients through your website is by writing blogs regularly. This way, you will generate many leads through searches at a reasonable cost and relatively little effort.

    To ensure clients can find you, build a strong online presence that clearly explains your services, showcases client testimonials, and highlights what sets you apart. This will demonstrate your value and prove you’re the right choice for their real estate needs.

    Make Use of IDX Feed on Your Website

    Once you have an up-and-running website, another successful way to get many real estate clients is by creating a website with a boost from Google AdWords and Internet data exchange (IDX) feed. It allows you to feature your listings as it pulls them directly from multiple listing services (MLS) and displays them in a search-friendly method. This way, you can track what clients are searching for and suggest similar properties. With a listing that meets a lead home search parameters, your website will allow you to push the listings to the lead.

    Add Live Chat To Your Website

    Hopefully, you have managed to drive traffic to your website using the above tips, but what happens once a potential real estate client is on your site?

    It’s crucial for you to be there when a customer needs you. The best way is to add a live chat to your website, which covers 24/7. It is the most effective tool when it comes to conversations on your site. It allows your visitors to ask questions and get replies in real-time instead of going elsewhere to get their questions answered. Live chats build a stronger user experience, giving you valuable information to follow up on and reach out to. 

    Use High-Quality Photos

    Everyone can tell the difference between a hurried snap and a high-quality professional photo, even the people who are inexperienced. If you are searching for a new house and the pictures are at strange angles, blurry and grainy, there is a high chance that the impression of the home will not be as positive as it could be when the photos are clearer. There is no excuse in 2025 for using poor-quality photos in your marketing collateral. You don’t even need to spend a lot of money on hiring a photographer; nowadays, our mobile phones come with editing apps at our fingertips, and some are free.

    Take a little more time to take a quality image and try different angles. You can search for plenty of tricks and tips online on how to get better with this. Potential home sellers and buyers will take notes and appreciate it.

    Use Signs (“Coming Soon” & “Sold”)

    These two signs are tried, tested, and proven ways to generate interest in your expertise and properties. “Coming Soon” helps to build up the anticipation even before the property hits the market. As for the “sold” sign, it’s effective as it gathers leads from buyers who missed on the property. They will want to make sure that they won’t miss again.

    Research More to Attract Clients as a Real Estate Agent

    When you are a real estate agent looking for a clients, the last thing you should tell your client is, “Let me get back to you,” “I don’t know that.” To avoid such statements, spend much of your time finding out about the market. Also research your neighborhood, get to know the flats with the vacant houses, the price of the houses and land, etc. ensure you know everything happening in your area.

    Say “Thank You”

    Once referrals start rolling up, you first need to send a handwritten thank you note to the person who made it happen. A personal note will go a long way to show gratitude and strengthen the relationship. Go a step further and include a shopping voucher with the note. Reward the behaviour you wish to see happening often.

    Take Away

    In every business, customers are the lifeblood. As a real estate agent, you now have learnt creative ways to get real estate clients. Basicallym just ensure you never run out of prospective clients, continually attract them, even if your properties are selling very fast. Know how to generate enough leads because this is the key to your success. If you find it hard to get a prospect, the above tips will help you get clients.

    The post 11 Expert Tips to Attract Clients as a Real Estate Agent appeared first on Bluman Properties Blog.

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    11 Expert Tips to Help You Choose the Ideal Home for Your Family https://blog.blumanproperties.com/11-expert-tips-to-help-you-choose-the-ideal-home-for-your-family/?utm_source=rss&utm_medium=rss&utm_campaign=11-expert-tips-to-help-you-choose-the-ideal-home-for-your-family Thu, 16 Jan 2025 11:27:56 +0000 https://blog.blumanproperties.com/?p=93 Finding the perfect home that suits your family is one of the major decisions you will ever make. It is not just about finding a place to live; it is about securing a place where your family can grow, thrive, and create lasting memories. With countless factors to consider, from location and budget to future […]

    The post 11 Expert Tips to Help You Choose the Ideal Home for Your Family appeared first on Bluman Properties Blog.

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    Finding the perfect home that suits your family is one of the major decisions you will ever make. It is not just about finding a place to live; it is about securing a place where your family can grow, thrive, and create lasting memories.

    With countless factors to consider, from location and budget to future needs and neighborhood amenities, the process can feel overwhelming. This guide provides essential tips to help sail across the complications of selecting the perfect home, ensuring it meets your family’s current requirements and future aspirations. By considering these key factors, you can make a confident, informed decision that supports your family’s well-being for years to come. Whether you’re a young professional, an empty nester, or parents raising children, here are some tips to help you find the right home for your family:

    1.     Create a Budget

    Before you begin looking for a home, set a realistic budget. Having a budget will help you understand what you can realistically afford. This includes factoring in your income, savings, existing debts, and ongoing expenses. Knowing your financial limits ensures you don’t strain yourself and can comfortably manage mortgage payments, rent, and other living costs.

    Calculate what you can afford, considering mortgage payments, taxes, insurance, and maintenance. Include future expenses like repair, upgrades, and potential increases in utility costs. Once you have a budget in mind, you can focus your search on properties that fall within that range. It will help you save time and labor by excluding homes that are too expensive for you.

    If you’re taking out a mortgage, getting pre-approved for a loan based on your financial plan gives you a clear idea of the amount a creditor is willing to finance. This makes your offers more credible to sellers and streamlines the buying process.

    Understand the market value of homes in your preferred areas to ensure you are paying a fair price. Engaging a property agent can aid in understanding the market value. Their expertise ensures you make a well-informed and financially sound decision. Understanding your budget also helps you comprehend the local real property market better. You’ll know what types of properties are available in your price range and whether you need to adjust your expectations or search area.

    2.     Find the Right Location

    Finding the right location is an essential factor to consider when buying a home. Before you start searching, you should identify what area you would wish to live in. Research the neighborhood’s safety, schools, amenities (parks, shopping centers, medical facilities), and the overall vibe of the neighborhood.

    Consider the home’s distance from your workplace, schools, grocery stores, hospitals, and other essential services. Shorter commutes and easy access to amenities improve your quality of life. Suppose you have kids or plan to, check the quality of the local school district. Good schools can enhance your child’s education and increase the home’s resale value.

    Investigate planned developments in the area, as well as the accessibility and reliability of public transportation and well-maintained roads. Choose a location that matches your lifestyle preferences. Whether you prefer a bustling urban environment, a quiet suburban neighborhood, or a rural setting, the community should align with your interests and daily activities.  

    3.     Figure Out the Home Size and Layout You Need

    When looking for a house, considering the house size and layout is crucial to ensure it meets your current and future needs. Consider how you currently live and what your future needs might be. Do you entertain frequently? Do you work from home and want a devoted office space? Understanding your daily routines and activities will help you determine the appropriate layout and size. Confirm the home has adequate bedrooms and bathrooms to lodge your family comfortably. If you plan to have more children or expect elderly parents to live with you, factor this into your bedroom and bathroom requirements.

    Spacious table room with elegant furnishings, featuring a large wooden dining table, comfortable chairs, and natural light streaming through wide windows.
    Spaicious Table Room

    Consider the type and size of living areas you need. Do you prefer an open-concept layout for easy flow between the kitchen, dining, and living areas? Or do you prefer more defined spaces for privacy and functionality? Think about how you will use these spaces daily. Assess your storage requirements for items like clothing, kitchen supplies, sports equipment, and seasonal decorations. Ensure there are enough closets, cabinets, and storage areas to keep your home organized and clutter-free.

    Think about how adaptable the home layout is to future changes. Will the layout accommodate potential lifestyle changes, such as aging in place, accommodating elderly parents, or home office needs? Consider if you need outdoor space such as a backyard, balcony, or patio. Outdoor areas can enhance your living experience, especially if you enjoy gardening, entertaining outdoors, or having a space for children or pets to play.

    While determining your ideal home size and layout, keep your budget in mind. Larger homes typically come with higher maintenance costs and property taxes. Balancing your needs with your financial capabilities is vital to finding the right home. If possible, visit homes or model units with different layouts and sizes to get a feel for what works best for you. This provides insights into the flow of spaces and helps you visualize living in the home.

    4.     Consider the Condition of the Property

    When viewing a house, evaluating the property’s condition is essential to ensure it meets your expectations and avoids unexpected expenses. You should ask about the age of the home and the conditions of crucial systems. Ensure the foundation, roof, walls, and other structural components are in good shape to prevent future costly repairs and ensure safety.

    Check for up-to-date and properly functioning plumbing and electrical systems, sound insulation, energy-efficient windows, and a well-maintained HVAC system, which contribute to lower utility bills and a comfortable living environment. Additionally, inspect for signs of pests, such as termites or rodents, which can cause extensive damage and require costly extermination and repairs.

    5. Engage a Property Agent

    Buying a home for your family is a big breakthrough that takes thorough research and deliberation and can be a very time-consuming task. Online information can help you buy a home, but it can be confusing and take much of your time.

    Engaging a property manager can make the process easier and more efficient. Property agents have deep knowledge of the local property market. They can provide perceptions into neighborhoods, pricing, and the overall property landscape, which can be invaluable when making informed decisions.

    Agents have access to multiple listing services (MLS) and networks that may not be readily available to the public. This means they can show you a broader range of properties that fit your criteria, potentially uncovering hidden gems or new listings that match your needs. They often have firsthand knowledge about the communities they serve. They can provide information on schools, amenities, transportation, and other local factors that may influence your decision to buy a home in a particular region.

    Landed property transactions involve legal contracts and paperwork. A property agent can navigate these documents, confirming that all legal conditions are met and defending your interests throughout the transaction. Therefore, when choosing a property manager, look for someone with a solid reputation, local expertise, and good communication skills.

    6.     Resale Value

    When choosing a home for your family, consider the current interest rates and how they are trading. Even if you plan to stay for a long time, be smart and consider the resale value. Look for a property in a desirable location with good potential for future developments. For example, upcoming infrastructure projects, new schools, or commercial developments nearby could positively influence your home’s resale potential.

    A home is typically one of the largest investments you’ll make. Assessing its resale potential helps protect this investment by ensuring that the property maintains or appreciates in value over time. Understanding current market trends and forecasts can give you insights into which neighborhoods or types of properties are likely to hold their value or appreciate in the future.

    The condition and age of a home can affect its resale value. Older homes may require more maintenance and renovations, impacting their appeal to future buyers. Assessing the property’s condition and potential for improvements can help estimate its resale potential. Location also plays a significant role in resale value. Homes in desirable neighborhoods with good schools, access to amenities, low crime rates, and convenient transportation options tend to hold their value better. Proximity to job centers and economic growth areas also influences resale potential.

    To assess resale value effectively, consult with real estate agents, conduct thorough research on the local market, and consider consulting with a property appraiser or home inspector for a professional assessment.

    7.     Choose the Right Type of Home for Your Family

    Decide the type of home that suits your needs, whether a single-family home, townhouse, condo, or apartment. Consider factors like space requirements, lifestyle, and future plans. Check if the house meets your expectations, like your interests and hobbies; Is the background extensive enough for gardening? Is the street quiet?

    It is important to note that each type of property has its advantages and considerations, so it is important to weigh these factors carefully before deciding. A single-family home provides privacy, yard space, and potential for customization. Typically, it has no shared walls or living spaces with neighbors. However, it requires higher maintenance costs and responsibilities for repairs and landscaping. It may be more expensive than other homes in the same area.

    Condominiums (Condos) often have lower maintenance compared to single-family homes (HOA fees usually cover exterior maintenance)—shared amenities such as pools, gyms, and security. However, Homeowners Association (HOA) fees can be high and subject to increase, providing less privacy than single-family homes due to shared walls and common areas.

    Townhouses are similar to single-family homes in terms of ownership and potential for customization, and they are more affordable than detached homes in the same area. The problem occurs when neighbors share walls, which may lead to noise concerns. Similarly, some townhouses have HOA fees and rules similar to condos.

    Duplex/Triplex/Quadplex provides investment potential with rental income from additional units and more affordable entry into homeownership while providing some separation from neighbors. The neighbors share Walls and outdoor spaces with the neighbors and may have stricter financing requirements than single-family homes.

    8.     Consider Securing a Family Home On a Loan

    Now that you are ready to buy a house, you can secure a loan. The type of loan you get depends on the property type. Getting a mortgage gives you a clear picture of what you can afford and shows sellers that you are a serious buyer. Gaining pre-approval for a mortgage gives you a bright picture of what you can afford. Pre-approval involves a lender reviewing your financial information (income, credit history, debts) and providing a conditional commitment for a loan up to a certain amount. This can strengthen your negotiating position when making an offer on family home.

    Additionally, consider the loan term (e.g., 15 vs. 30 years) and how it affects your monthly payments and total interest paid over time.

    Lenders typically require a down payment, which is a percentage of the home’s purchase price paid upfront. The amount needed can vary based on the type of loan and your financial profile. Saving for a sufficient down payment helps you qualify for a loan and may reduce your monthly payments and interest costs. They also consider your credit score and financial history when evaluating your loan application. Aim to maintain a good credit score by paying bills on time, reducing debts, and avoiding new credit inquiries before applying for a mortgage. A better credit score can qualify you for healthier interest rates and mortgage terms.

    If you plan on taking out a bank loan, you first need to ensure you are eligible. To meet the admissibility requirements for a bank loan, you ought to provide evidence of income. This entails six months of pay slips or CPF contributions. You can only borrow up to 75% of the property value, which is the maximum amount allocated. Note that, it might also be lower depending on your situation.

    Working with a mortgage broker or loan officer can provide personalized guidance and help you navigate the complexities of the mortgage process. They can offer insights into current market conditions, loan products, and potential financing options tailored to your needs.

    9.     Review Homeowners Association (HOA) Rules

    If the home is part of an HOA, review the rules and fees. HOAs have a set of rules and regulations that govern what you can and cannot do with your property. These can include restrictions on exterior paint colors, landscaping, pet policies, and more. Ensure that you are comfortable with these rules and fees before purchasing. Also, you need to understand how HOA enforces its regulations and handles violations.

    Before deciding whether to buy that home, review and assess HOA fees and determine what they cover. Fees may vary significantly and cover amenities such as community pools and maintenance of common areas. Also, check for any special assessments that might require additional payments for unexpected expenses or major repairs. Ensure the house complies with local building codes and has the necessary permits for any additions or renovations.

    10.    Ensure there is Safety in Your Family Home

    When choosing a home for your family, safety is a crucial factor to consider—research into the crime statistics for the area. Websites like local police department pages or crime mapping services can provide detailed information on the frequency and type of crimes in the neighborhood.

    Also, before buying the house, ensure it has adequate safety features, such as smoke detectors, carbon monoxide detectors, secure locks on doors and windows, and good outdoor lighting. It is also important to consider how close the home is to emergency services like hospitals, fire stations, and police stations.

    Assess the risk of natural disasters in the area, like floods, earthquakes, etc., and ensure the home is built to withstand these risks. Check if the house is in a designated flood zone and whether it requires additional insurance. 

    11. Be Ready for Any Additional Costs

    Owning a home comes with ongoing costs beyond the mortgage payments. Be prepared for various closing costs, including attorney fees, title insurance, and appraisal fees. Research the property taxes in the area to help you budget your monthly housing costs.

    Factor in the cost of homeowner’s insurance, which protects your home against damage and loss. The price will depend on the location, size, and value of the house, as well as the coverage options you choose.

    If the home is part of a homeowners’ association, account for monthly or annual HOA fees—budget for utilities, maintenance, repairs, and potential upgrades. Having a financial cushion for unexpected expenses can prevent stress and financial strain.

    Final Words on Ideal Family Home

    Finding the perfect home for your family is more than just a transaction—it’s a life-changing journey. By following these 11 tips, you can simplify the process and ensure every decision aligns with your family’s present needs and future dreams.

    Should you requre further support on one on one guidance, feel free to contact our experts on Bluman Properties. We will ba glad to help.

    The post 11 Expert Tips to Help You Choose the Ideal Home for Your Family appeared first on Bluman Properties Blog.

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    Complete Guide to Land Transfer in Kenya https://blog.blumanproperties.com/process-of-transferring-and-registering-land-titles-in-kenya/?utm_source=rss&utm_medium=rss&utm_campaign=process-of-transferring-and-registering-land-titles-in-kenya Sat, 19 Oct 2024 07:24:00 +0000 https://blog.blumanproperties.com/2019/07/19/process-of-transferring-and-registering-land-titles-in-kenya/ Around the globe, land is a precious commodity and highly valued due to its appreciation rate that rises at a very high rate. Kenya being a no exception, everyone is striving to acquire a piece of land for themselves. Thus, it’s essential for everyone to be familiar with the process of land transfer to avoid […]

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    Around the globe, land is a precious commodity and highly valued due to its appreciation rate that rises at a very high rate. Kenya being a no exception, everyone is striving to acquire a piece of land for themselves. Thus, it’s essential for everyone to be familiar with the process of land transfer to avoid legal battles concerning the ownership and to detect land scams from far.

    Many people in Kenya detest the process of land registration as they count it tedious. Nevertheless, if you know the documents required and the process involved, you will be able to transfer or register your piece of land within a very short time. The whole process can take an average of 90 days.

    Here are the steps you need to follow;

    Identify the Land

    Start by choosing land that matches your criteria, such as price, soil quality, size, and location, to ensure it fits your intended use, whether for investment, agriculture, or development.

    Apply For a Search on the Title

    This stage is crucial as it clarifies whether the land has a previous registration or if someone else owns it. You only need to obtain a copy of the title deed from the seller, to do conduct your search.

    You will complete the process at the Registration office by filling out the search application form and attaching a copy of the title deed. The search can take even less than two hours.

    Apply, Pay and Acquire Clearance Certificate

    You will complete this process at the county office. After confirming that the seller is the legitimate property owner, conduct another search at the county office to ensure the land has no outstanding fees.

    Seller Must Settle Outstanding Fees Before Land Transfer

    Very important: When purchasing land in Kenya, it’s crucial to verify that the property is free from any outstanding fees or obligations. One significant fee to consider is the land rate, which is a tax levied on landowners by county governments. These rates can vary depending on the county and the property’s value.

    The cost of outstanding fees, such as land rates, can catch up with you when applying for building approvals. Unfortunately, its not required during the time of land transfer and you may never know of it. However, failing to settle these fees means the county office will require payment before issuing permits.

    The cost for this search varies according to the value of the property and from county to county. 

    Obtain Two Land Maps for Verification

    When purchasing land, it’s essential to obtain two types of land maps. The first map provides an overview of the entire area, showing your plot and the surrounding properties. This helps you understand the land’s location in relation to neighboring plots and infrastructure.The second map provides a scaled drawing with precise land measurements and boundaries, ensuring accurate plotting and preventing disputes. Together, these maps give you a comprehensive view of the property and its legal boundaries.Verify the Ground

    Verify Land Dimensions and Boundaries with a Surveyor

    Both the buyer and the seller must visit the land together with a licensed surveyor to confirm the exact dimensions of the property. This is a critical step in ensuring that the land’s boundaries align with the official records.

    During this visit, look for beacons at the property corners, as they mark and define its boundaries. Having these beacons in place helps prevent future boundary disputes by providing clear, physical indicators of the land’s boundaries.

    It’s also important to document the beacons properly and ensure they appear in official land records.

    Prepare a Sale Agreement for Land Transfer

    Kenyan law requires this transaction to be in writing, and while a lawyer is not mandatory, having one is advisable. Typically, the buyer and seller share the lawyer’s cost equally.

    It’s advisable for the seller’s spouse to be present during the process to provide consent for the sale. Alternatively, get the land control board clearance. Also, you can schedule a meeting with the assistant county commissioner at Ksh. 5,000.

    Prepare the Documents Required for Land Ownership Transfer

    After payment is made and the seller signs the land transfer forms, the buyer must submit the following documents to the Ministry of Lands to officially transfer ownership:

    1. County Clearance Certificate: Confirms there are no outstanding land rates or dues.
    2. Land Search Certificate: Verifies the legitimacy of the land title and its ownership.
    3. Consent from the Land Control Board (LCMB): Required for agricultural land to ensure the transfer complies with land use regulations.
    4. KRA PIN Certificate: Proof of the buyer’s tax registration with the Kenya Revenue Authority.
    5. Three Passport-Sized Photos: Needed for identification purposes.
    6. Old Title Deed: The current title deed proving the seller’s ownership of the land.
    7. Sale Agreement: A signed agreement between the buyer and seller outlining the terms of the sale.

    Once you submit these documents, the Ministry of Lands will process the transfer and update the title to your name. Processing title deed takes approximately two weeks.

    Stamping the Land Title Deed Transfer

    The Stamp Duty is usually paid for depending on the value of the land. For the rural areas, it is 2% and 4% for the urban property. This is paid once the valuation of the land has competed. The Stamp Duty can be paid online through KRA Itax portal.

    Post-Acquisition Activity: A Little Due Diligence

    As the new buyer, you should conduct another search through after two weeks through the ministry of land to confirm that the property is under your name.

    Parting Short on Land Title Deed Transfer

    The process of land buying in Kenya is full of cartels and government officials who insist on bribes to offer you the rights you fully deserve. Not forgetting the many scammers looking for the slightest opportunity to pounce on your hard earned cash. Therefore it’s advisable to purchase land through a certified, genuine, experienced and affordable property company who are competent to do all the hustles on your behalf. They will carry all the due diligence, ensure the property is beckoned, and the title deed is in your hands. 

    FAQs

    How long does the land title deed transfer process take in Kenya?

    The title deed transfer process in Kenya typically takes between 2 to 3 months, depending on the efficiency of the Land Registry and if you have prepared all the required documents.

    When should the final installment be paid during the title transfer process?

    Pay the final installment after the seller signs the transfer documents but before submitting them to the Ministry of Lands. This ensures payment is made before the ownership transfer is official.

    How long does it take to change a land title deed in Kenya?

    Changing a title deed in Kenya usually takes 1 to 3 months, depending on if all documents are ready and how fast the Land Registry works.

    Is it possible for a land title deed to have two names in Kenya?

    Yes, a title deed can have two names in Kenya. This occurs when two individuals jointly own the land, either as joint owner (with equal ownership) or ownere in common (where ownership shares may differ).

    How do I identify a fake land title deed in Kenya?

    To identify a fake title deed in Kenya, check the serial number with the Land Registry for consistency, examine the security watermark, and verify the land details such as location and boundaries. You should also conduct a land search at the Land Registry to confirm the deed’s authenticity and ownership.

    Additionally, be cautious of signs of tampering or poor print quality, which are common in fake documents. It’s advisable to consult a lawyer or surveyor to ensure the title deed is genuine before making a purchase.

    Is it possible to cancel a title deed?

    It is clear that only the courts have the authority to cancel a certificate of title, as the Land Registrar does not have the power to revoke or cancel a title deed. The Land Registrar can only correct the title as outlined in Section 79 of the Land Registration Act.

    Could laminating the title deed cause any negative effects?

    Laminating a title deed is not recommended, as it may have negative effects. Lamination can damage the document, making it harder to verify its authenticity or leading to issues during registration or legal processes. It is better to keep the title deed in a safe, secure, and original condition.

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    Which Is Better: Buying Or Building A House? https://blog.blumanproperties.com/to-buy-or-to-build-house/?utm_source=rss&utm_medium=rss&utm_campaign=to-buy-or-to-build-house Sat, 19 Oct 2024 07:23:00 +0000 https://blog.blumanproperties.com/2019/07/19/to-buy-or-to-build-house/ Even with countless viewings of available houses for sale, you still can’t get closer to finding your dream house than when you began. Perhaps opting to construct your home is the way you want is the way to go. Definitely, through building your own home, all your needs will be completely fulfilled, but remember, the […]

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    Even with countless viewings of available houses for sale, you still can’t get closer to finding your dream house than when you began. Perhaps opting to construct your home is the way you want is the way to go. Definitely, through building your own home, all your needs will be completely fulfilled, but remember, the process of creating your prospective house has its fair share of challenges; thus, it is important that you weigh both the merits and demerits of building a home versus buying before you take the plunge.

    This may be the biggest purchase you will ever make in your lifetime. Therefore, you need to weigh your options well. Before you start, as you check out and evaluate the potential real estate agents, you must also vet the builders and architects. Before you sign with anyone, it’s important to talk with previous clients who bought a house. Also, check references from those who choose to build their homes.

    As you get started, we have made a comprehensive guide to help you through it. Check out these advantages and disadvantages of buying a house vs. building a home.

    Advantages of Buying Existing House Compared to Building

    When considering the option of buying an existing home, there are several key advantages to consider. These benefits make it an appealing choice for many homebuyers. Below are some of the main advantages of purchasing an existing home.

    Convenient

    One of the biggest advantages of buying a ready home is the quick turnaround time. If you compare the time taken to build a home from scratch and the overall time taken to begin the search process to owning that home, the time taken in the buying process of a ready-made house is significantly lower. Buying an existing house can take even less than two weeks. You only need to shop around, find the one you like, do your inspection of the house, and make an offer. If you have very little time, this is the best option.

    Buying A House is Cheaper than Building

    Based on the housing market you are looking for, sometimes it’s cheaper to buy an existing home. You can save money on labor, materials, and permits with no construction costs or delays. Plus, existing homes usually have established value, making it easier to get a fair price.

    Some areas that may have been affected by the housing crises may be having the best deals on the houses.

    Preferred Location

    You have a better possibility of getting a house in your preferred location. It also allows you to choose from an established neighbourhood.

    Additionally, you can evaluate the surroundings before making a decision, ensuring the location fits your lifestyle.

    Constructing your own house means you must ensure that your preferred location has available land you can purchase. If there is no available land, you will have to settle for an alternative location. Besides, there is a wider variety of choices of where to purchase a house compared to places with available land for sale.

    Established Neighborhood

    In many cases, areas with available land for construction are in new subdivisions, mostly at the end of suburbs. Sometimes, the newer neighbourhoods are not in the most attractive areas and have no basic amenities such as good schools, hospitals, etc. Buying an already-built house means the place has already developed and has all the required facilities.

    Ready Houses To Move In

    Once you purchase an existing home, you will likely get a house you can readily move into. You can even get a house with everything in it, for example, an expatriate who may be moving back to their country or a retiree who wants to go back to the rural areas. Of course, there is a possibility of renovating the house later to suit your preferences or those of your family.

    Disadvantages of Buying an Existing House Compared to Building

    While buying an existing home can be a great option, it also comes with certain drawbacks. These disadvantages can impact the overall value and long-term satisfaction of your investment. Below are some key challenges to consider when purchasing an existing home.

    You May Not Get What You Want

    Even though there are many benefits to purchasing an existing home, you can never have everything you want. For instance, if you get an older, affordable home, the little luxuries you want, like luxurious bathroom style or the latest technology, may not be there. Worst still, for various reasons, sometimes the additions and renovations you might wish to make to your new house may not be possible.

    Changes May End UP Costing More

    Changing what you don’t like in your newfound property may cost you more than rebuilding. Before you settle on purchasing an existing home, calculate the cost implications of renovating. This includes the cost of hiring job specialists such as engineers, contractors and quantity surveyors.

    You Must Compromise

    Another disadvantage of purchasing an existing home is that there is a higher possibility of you compromising. You may get your preferred perfect neighbourhood, but the house may not be your preference or vice versa.

    Or else, you can get a house with a big table room and a tiny kitchen. Thus, depending on your preference, try also to be open-minded so you may not be frustrated with the whole process.

    Unseen Problems With the Existing Home

    If not thoroughly inspected, an already-built home may have hidden problems. It could be built on public land or encroach on government land. This can make you lose your property or cost you more on reconstruction. Therefore, before you make your payment, ensure you do a thorough inspection of your prospective house.

    You May End Up Buying Someone’s Problem

    Even though you may thoroughly check everything out before buying the house, there is still a possibility that it might develop a few issues once you move in. Of course, this can happen even with new construction. Nevertheless, an already-built house will require more replacements and renovations than building a new home.

    May Lack Modern Features

    An existing home may lack modern features commonly found in newly built homes. For instance, it may lack things such as open floor plans, energy-efficient appliances, or smart home technology.

    Older homes might have outdated kitchen designs, fewer storage options, or smaller bathrooms, which can require costly renovations to update. Additionally, they might not include the latest eco-friendly materials or sustainability features, making it harder to meet current lifestyle or energy-saving preferences.

    Advantages of Building A House As Compared to Buying

    While building a home can be an exciting choice, it also comes with several advantages that make it a popular option for many. These benefits can enhance your living experience and ensure long-term satisfaction. Below are some key advantages to consider when deciding to build a home.

    Building a House Enables You Get What You Want Unlike Buying

    The biggest advantage of constructing your house is that you can customize anything according to your preferences, interests, tastes, and specifications. Unlike buying an already built house, you’re not stuck with someone else’s choices.

    You will turn every dream you have into a reality. You have the freedom to create a home that perfectly fits your family and how you live. Whether it’s a new design or a modern finishing you saw in a property magazine, you will have it all done for you. Your house will have your touch.

    Little Maintenance Will Be Required

    A newly constructed house will require little maintenance once you move in. Given that everything is new, it will save many costs that keep popping up trying to repair broken fittings and fixtures. You get a chance to enjoy your new space without worrying about constant upkeep.

    Easier To Re-selling

    Suppose you want to resell a new house, assuming your house is in a desirable area. In that case, it will appeal more to a potential buyer than an old house.

    Additionally, many people prefer the energy efficiency and customization options that come with a newly built home.

    That said, in some areas, it might be hard to recoup the entire construction cost when reselling, especially if you resell too soon.

    You Can Incorporate New/Latest Technology

    When you build a new home, you can design and incorporate the latest technology like alarm systems, UPVC windows, CCTV, alarm systems and others. Since you will use the newest materials, you can use energy-efficient equipment and appliances, translating to lower utility bills. 

    New House is Much Healthier

    Building a new house is much better since you have the option to build using better materials that are less toxic than those used in an older house. You can choose less reclaimed lumber, toxic natural materials, or low-VOC paint for your home. Also, a new home won’t have any toxic dangers such as dangerous substances such as lead paints or asbestos or alleges and moulds.

    Gives A Sense of Ownership and Pride

    Building your own house makes you feel really proud and like you own it in a special way.  It makes you feel really good because you made it just how you wanted, from the first drawings to the last little thing.  It makes your house more than just a place to live; it shows how hard you worked and makes you happy for a long time.

    Lots Of Assurances on Buying Than On Building a House

    With the new constructions, almost every appliance will be covered by different warranties for the first few years. The ready-made house may be constructed using substandard materials you wouldn’t have approved of if you had a choice. But by buying a parcel of land and building your home from scratch, you go for the quality materials available.

    Better still, the inspectors will ensure that everything is done to meet the local building code required.

    Preferred Location

    If you opt to build your house, you have the upper hand at buying land in your preferred area. It often gives you more choices about where you want to live. You’re not limited to houses that are already for sale.  This means you can find the perfect spot for your family, whether close to work, in a good school district, or near family and friends.  Choosing the right neighborhood is a key advantage of building. This freedom allows you to select an area that perfectly suits your lifestyle and preferences. Hence, giving you a deep sense of belonging and long-term happiness in your chosen community.

    You Move At Your Own Pace

    Since you will be undertaking one of the crucial projects in your life, you will enjoy every step along the way- a brick at a time. You’re not rushed by a seller or a closing date.  You can take your time with each step, from planning to finishing touches, ensuring everything is done right and how you want it.  This gives you more control over the whole process.

    You Choose your Architectural design

    Every young person has an imaginary image of the dream house they wish to build once the right time comes. One way of making this dream a reality is by purchasing a piece of land and getting the best architect to incorporate the classic design in line with your dream. You get to choose the style you love, whether modern, traditional, or something completely unique.  This means your house will reflect your personal taste and become a unique home.

    Disadvantages of Building Your House Compared to Buying

    Building a home is an exciting journey. However, while there are many advantages, it’s equally wise to be aware of the potential challenges that come along the way. Understanding these challenges upfront will allow you to plan accordingly, manage your expectations, and minimize potential stress during the building process. This is what you need to know.

    You Spend Much Of Time

    Building a new home will take longer than buying an existing one. You will have to deal with construction issues, frequent inspections, and unnecessary delays due to bad weather or delivery issues. Also, you will have to be committed throughout the process. However, you can decide to hire a project manager, but it’s advisable to visit the construction site frequently.

    More Expenses

    First, you will have to acquire land where you will build a new home. And before you enter a purchase agreement, you will have to deal with the whole process of acquiring land such as title searches, verification process, etc.

    Cost Overruns

    This is a common challenge in homebuilding.  Think of it like this: you create a budget for your new house, estimating the cost of materials, labour, and everything else.  However, during construction, unexpected expenses often arise.  Maybe the price of lumber increases, or you discover a problem with the land requiring extra work. 

    Perhaps you decide to upgrade some finishes or add a feature you hadn’t initially planned for.  These unforeseen costs can push your total spending beyond your initial budget, leading to a cost overrun.  It’s really important to have some extra money set aside in your budget, just in case things cost more than you expect. This “extra money” is called a contingency fund, and it helps you avoid money problems if surprises pop up during the building.

    Many Limitations When Building Compared to Buying a House

    You may experience limitations due to financial constraints when building your house. Thus, you will only have to adopt a style that matches the amount of money you have. Also, sometimes it’s hard to acquire land in a perfect location, such as near the road or with basic amenities.

    Besides, It can cost more than you plan, and things might take longer than expected.  It’s also a lot of work and can be stressful.  Finding good builders and getting all the right papers can be tricky.  Even though you get to choose what you want, you still have limits on money, where you can build, and what builders can actually do.

    Lack Of Skilled Personnel

    Getting a competent contractor and skilled workers can be a real hassle. According to a report by NCA, only 30% of construction workers are qualified in Kenya; the rest are semi-skilled. It’s no wonder many buildings are collapsing now and then in our country. Thus, you will need to search for an NCA-approved contractor to oversee the construction process.

    Unpredictable Resale Value

    When you build a house just how you like it, it’s great for you, but think about selling it later.  If your house is too different from what most people want, it might be harder to sell, or you might not get as much money.  So, it’s good to make some choices that other people will like too, so your house is worth more when you want to sell it.

    You have Limited Control (Sometimes)

    Even though you’re building your dream home, you don’t always have complete control over everything.  You rely on other people, like builders, plumbers, and electricians, to do their jobs well and on time.  Sometimes, things go wrong or take longer than expected, and you might be unable to fix it quickly.  So, while making the big decisions, you have to trust the professionals you hire, which means giving up a little bit of control.

    It is a Hard Learning Curve

    Building a house is a big learning experience, especially if you’ve never done it before.  There are many new things to learn, like what all the different building terms mean, how to get permits, and how to work with contractors. It can feel like learning a whole new language!  You’ll probably need to ask many questions and maybe even hire experts to help you understand everything.  It’s exciting, but it can also be overwhelming to learn so much at once.

    Potential for Disputes

    Building a house can sometimes lead to disagreements.  You might have a different idea from that of your builder, about what you want something done. Also, maybe the person selling you the wood doesn’t deliver it on time.  Sometimes, neighbours complain about the noise or how long the building takes.  These disagreements can cause delays, cost extra money, and even lead to bigger problems.  It’s important to be clear about what you want from the beginning and try to talk things out if there’s a problem.

    Bottom Line On Whats Better Between Buying Or Building A House

    As you have seen, building your home or buying an already-built house will depend on a whole lot of factors. The type of home and the size you are interested in will play a big part in your chosen location. Each one of your choices will have its challenges and advantages.

    Thus, you will have to weigh the pros and cons of every option. You must ensure you have acquired all the relevant information and made an informed decision.

    In either case, working with an experienced and qualified professional real estate agent or a general contractor will help you relax, knowing that you have someone to help you make the right decision. The best decision you can make is choosing an informed one, whether building or buying.

    At Bluman Properties, we understand the importance of making an informed decision when it comes to buying or building a home. With our experience and expertise, we can guide you through every step, ensuring you choose the best option for your needs. Trust us to help you navigate the process and make the right choice for your future.

    The post Which Is Better: Buying Or Building A House? appeared first on Bluman Properties Blog.

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    2020 Real Estate Trends: All You Need To Know https://blog.blumanproperties.com/2020-real-estate-trends-all-you-need-to-know/?utm_source=rss&utm_medium=rss&utm_campaign=2020-real-estate-trends-all-you-need-to-know Tue, 10 Sep 2019 13:33:00 +0000 https://blog.blumanproperties.com/2019/09/10/2020-real-estate-trends-all-you-need-to-know/ Get a clear overview of the real estate trends from 2020. This guide covers the main changes and trends in property buying, selling, and investing. Whether you’re looking to buy your first home, invest in property, or stay updated, this article will help you understand the key shifts in the real estate market. Trend# 1: […]

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    Get a clear overview of the real estate trends from 2020. This guide covers the main changes and trends in property buying, selling, and investing. Whether you’re looking to buy your first home, invest in property, or stay updated, this article will help you understand the key shifts in the real estate market.

    Trend# 1: Home Prices Will Rise Slowly with fewer offers

    According to Forbes, the house price in 2018 and 2019, home prices made a significant 10% jump. However, it may be a different story coming year. It’s estimated that home prices will rise in 2020 but at a much slower pace while the number of homes for sale is expected to rise with only 2%.

    What is the reason?

    One major contributor is overall economic uncertainty, and another part of the slowdown is due to the high fees titling process that hinders mortgage uptake.

    The combination is enough to discourage home-buyers who have a desire to purchase a home. However, the market still has eager buyers searching for newly built homes. The good news is, it is estimated that the number of newly constructed homes will increase by 8% in 2020.

    The bad news is, there will be fewer homes in some areas. Besides the construction companies lacks the manpower to keep up with the increasing demand. Thus, expect the newly built houses to go at a higher price.

    What Will High Prices Mean To The Sellers?

    There will be a possibility of high profits! Even though at a low pace, the number of houses to be sold is still expected to rise in the course of next year. That’s is a piece of excellent news to the seller. However, have in mind that many buyers will be priced out of the market-leading to fewer offers for your home. 

    What is the solution to this?

    Be aware of the competition; with fewer offers in the market, make your home stand out in your area. Make the home perfect for the potential buyer and work with a professional real estate agent who can help to list your home at the appropriate price.

    Also, be patient and wait for the right offer, the one that gives you the highest profit. Some buyers may try to gut punch you with a low offer. Remember, when negotiating, the less desperate person usually has the upper hand.

    What Will High Price Mean For Real Estate Buyers?

    If you desire to own a home in a lavish neighbourhood, find out the one you can afford and figure out the amount your monthly payment your budget can handle. Don’t rush into purchasing a home that makes no financial sense to you no matter the pressure you may be having. Commit to staying within a budget that won’t put pressure on you.

    If you can’t afford to put aside at least 10% on a 15-year fixed-rate conventional loan, then most likely you can’t afford a house in this market. Any down payment of less than 10% will strangle your budget with a few months of a mortgage payment.

    If you are committed to buying, but you are on a tight budget, here are some helpful tips you can consider:

    • Sacrifice some wants – be willing to give up some “nice-to-haves” for your
    • “Must-haves” for you to afford that house you want.
    • Upgrade your income – find a new job that pays better or gets a side business you can do increase your income.
    • Expand your search – maybe you had targeted to buy a house in a specific neighbourhood that is more expensive that is busting your budget. You might be surprised to find a gem in a less popular neighbourhood. Once you are connected with a property agent, who knows the areas is the best way to find a home that fits your lifestyle and budget.

    Trend #2: Majority of Real Estate Investors Are Millennial

    You better believe it! Millennial are more focused and busy finding stable careers, before they get older. They are the leading ones in getting first homes in a mile and upper-mile class neighbourhoods. Baby boomers are downsizing and retiring, leaving the game to the millennial. As it has started to happen from early this year, next year millennial will lead in taking mortgages.

    What Does It Mean To The Real Estate Sellers?

    Know Your Buyer; these are three essential words buyers should have in their mind.

    For millennial buyers, the sellers should know that they are internet savvy, and they do proper house shopping (both online and offline).

    That is why sellers should work closely with a house agent with online knowledge to market the house.

    Millennials will basically look for;

    • Quality over size – it’s true, square footage matters, but the millennial are more concerned about how usable or sustainable each space is. Help them visualize a bright future in your home.
    • Easy online shopping – as mentioned above, millennial starts their home search from the internet online. Thus, you need to make the best possible impression on the internet.
    • Location – the majority of millennial are looking for houses in places that offer a big city life with a more affordable cost of living. If you have a home that is accessible with public transit and it is a workable area, expect millennial to come knocking at your door. 

    What Does It Mean for Real Estate Buyers? (The Millennial)

    Know what you want. Decide what you need and what you can’t do without in your house. If you are married and looking for a house, the two of you need to agree on must-haves. Combine your lists to be a foundation that your real estate agent will use for your home search.

    Last year, 95% of millennial home-buyers used a real estate agent to buy their ream homes. They surely know something, thus don’t buy on your own, get help from an expert and the process will be smooth for everyone involved.

    What if You Are Not Selling or Buying a home In 2020?

    You might be thinking, all this sounds great, but I do not have any plan to buy a house this year. That’s why we are here; what you need to know is;

    1.    Real Estate isn’t Going to Crush

    From the looks of things, the real estate market is not going down anytime soon. Some people are wondering, with this fast-rising mortgage interest, will it make the housing market collapse? Well, here is the truth.

    Several factors indicate that the economy and the housing market is still active and strong:

    • Millennial still wants to buy
    • There are new career opportunities
    • All-cash real estate buyers are becoming popular
    • Taxes are lower

    2.    Real Estate Buyers Will Still Be Interested Regardless of The Neighbourhood

    Although buyers in 2020 may be choosy, know that many buyers are willing to take a neighbourhood that isn’t close proximity to a big city or don’t have easy access to the highway. If you think that your house is located in an interior neighbourhood and can’t be desired my buyers, think again. This can be your perfect time to sell.  

    The post 2020 Real Estate Trends: All You Need To Know appeared first on Bluman Properties Blog.

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    Is It the Right Time to Buy a House? https://blog.blumanproperties.com/five-reasons-it-is-not-the-right-time-to-buy-a-house-and-five-reasons-why-it-is/?utm_source=rss&utm_medium=rss&utm_campaign=five-reasons-it-is-not-the-right-time-to-buy-a-house-and-five-reasons-why-it-is Tue, 20 Aug 2019 08:06:00 +0000 https://blog.blumanproperties.com/2019/08/20/five-reasons-it-is-not-the-right-time-to-buy-a-house-and-five-reasons-why-it-is/ Buying a home is everyone’s dream. However, if you buy a house when not ready, you can face major financial setbacks. For instance, overspending on a home could put you in a difficult financial position, as the mortgage payments may become too high to comfortably afford. This could cause you to fall behind on your […]

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    Buying a home is everyone’s dream. However, if you buy a house when not ready, you can face major financial setbacks. For instance, overspending on a home could put you in a difficult financial position, as the mortgage payments may become too high to comfortably afford.

    This could cause you to fall behind on your monthly bills or significantly hinder your progress towards achieving long-term financial goals.

    You must buy a home for the right reasons. Buy a house because you are ready and not because you feel like you need to have one at a certain time in your life. Here are several things to consider before buying a home.

    How to Know If It’s the Right Time for You to Buy a House

    Deciding whether to buy a house can be challenging. To help guide you, we’ve outlined 5 key signs that indicate it’s the right time to make your purchase.

    1. You Qualify For a Mortgage

    Even if you qualify to get a mortgage, that does not mean you are ready to buy a house. It is always a good idea to address the debt part before purchasing a home. Set up a budget so you know how much you can afford. Besides, if you want to get the best possible mortgage, it is a good idea to save up and have a down payment and not to depend entirely on the mortgage package.

    2. You are Not Planning On Moving

    If you’re not planning on moving anytime soon, buying a house might be the right choice for you. Homeownership offers long-term stability and the opportunity to build equity over time. Renting can seem like a flexible option, but if you’re settled in a particular area and see yourself staying there for many years, purchasing a home makes more sense.

    On the other hand, if there is a possibility of moving due to another life event you are better off renting a home. One proven rule of thumb is buying a home if planning to be around one area for more than five years. Besides, owning a home means you can make changes and personalize it to suit your style. If you’re settled in an area and see yourself living there for years, buying a home is a smart decision for both your finances and your lifestyle.

    3. You Are Secure In Your Job

    If you are confident you will stay in your current job for a longer time, it is a good idea to buy a home nearby. Being secure in your job is a key factor when considering buying a home. If you have a stable income and job security, you’re in a better position to manage mortgage payments. Lenders also look for financial stability before approving a loan, so having a steady job makes the process easier. Knowing you can rely on your income helps reduce stress about affording monthly payments and other homeownership costs. Job security gives you confidence in your long-term financial planning, ensuring that you can comfortably cover the expenses of owning a home without unexpected disruptions. It also means you’re less likely to face financial strain, making it a good time to invest in a property.

    4. You Want to Build Equity

    A major benefit of owning a home is building equity. Rather than wasting money by paying rent every other month, you will be putting it toward owning a home. Even if you wish to sell the house, later on, you are sure you will recoup the money. Remember, real estate is an appreciating asset, and your house will always increase in value.

    5. You Feel Ready to Buy a House

    Buying a home is not only a substantial financial decision but also an emotional one. That is the reason you might be nervous when making such a huge purchase. If you feel ready both emotionally and financially, take the step and buy one. Owning a home gives a sense of accomplishment, and it provides security. It also set you up for financial success.

    6. You Surely Crave Stability

    Owning a home gives a sense of security and stability. In this life, we get to a point we want stability, and purchasing a house gives you a place to call your own.

    Unlike renting, where rent prices can fluctuate, having a home offers you a fixed monthly payment if you have a fixed-rate mortgage. This predictability allows you to plan your finances more effectively and avoid sudden rent hikes or the uncertainty of having to move frequently. It also offers a sense of permanence, providing a stable foundation for your family and a long-term place to settle down.

    This stability can lead to emotional security, as you no longer have to worry about the unpredictability of landlords or lease terms. Furthermore, homeownership often gives you more control over your living environment, allowing you to personalize your space and make improvements that suit your needs, something that can be difficult in a rental. Ultimately, the stability of owning a home can bring peace of mind and a strong sense of belonging.

    7. You Have an Emergency Fund

    Owning a home comes with many unexpected costs. Repairs like fixing a leaking roof, replacing a broken water heater, or dealing with electrical issues can happen at any time. These can be expensive, and without extra savings, they may cause stress.

    Having an emergency fund means you’re prepared for these surprises. It shows that you’re financially ready to handle the costs of homeownership without falling into debt. A good rule is to save enough money to cover at least three to six months of living expenses. This gives you a safety net for home repairs, unexpected bills, or even personal emergencies like losing a job.

    Before buying a house, make sure your emergency fund is in place. It’s a sign you’re ready to take on the responsibilities of owning a home while staying financially secure.

    8. The Real Estate Market Favors Buyers

    The best time to buy a house is when the market works in your favour. This happens when home prices are steady or even dropping, making houses more affordable. Additionally, low-interest rates mean you can borrow money for your mortgage at a cheaper cost.

    A buyer-friendly market gives you more options and better chances to negotiate. Sellers may be more willing to lower prices or include extras like repairs or appliances. This helps you get the most value for your money.

    Before jumping in, do some research. Check if prices in your preferred area are reasonable and if mortgage rates are favourable. If the market conditions align with your financial readiness, it’s a sign that it might be the right time to buy.

    9. The Price of the House Tend To Rise Over time

    Over the past ten years, home prices in Kenya have increased by over 50%, and this trend is expected to continue. Buying a home means your money is going into a safe investment that will likely grow in value. Real estate usually increases in value over time. Factors like neighborhood improvements, market trends, and economic growth all help raise property values. This can lead to big financial gains if you decide to sell later. As the value of your home goes up, so does the equity, which can be used for future investments or needs. While the market can change in the short term, real estate has always been a strong long-term investment, helping homeowners build wealth and security.

     Reasons Why It May Not Be the Right Time to Buy a House

    Buying a home is a significant decision, and while it may seem like the perfect time, it’s essential to consider whether it’s truly the right moment for you. Having funds alone doesn’t guarantee that purchasing a home is the best move.

    We’ll discuss 9 key reasons why even with the financial means, it may not be the best time to buy a house. Understanding these factors will help you avoid rushing into a decision that could cause more problems down the line.

    1. The Real Estate Market isn’t Favourable

    Having the money to buy a house doesn’t mean it’s a good time to invest if the market isn’t favourable. When home prices are exaggerated or the housing market is highly competitive, you risk overpaying for a property. Waiting for the market to stabilize or for prices to become more reasonable can save you money in the long run.

    2. Your Job is Unstable or Uncertain

    Even with the funds to buy a house, job security plays a critical role. If you’re unsure about your employment situation or foresee potential changes in your career, committing to a long-term mortgage might not be wise. Job instability can make you unable to keep up with monthly payments, especially during unforeseen challenges.

    3. No Long-Term Plans for Staying in One Place

    As mentioned earlier, buying a house is ideal for those planning to settle in one location for at least 5-10 years. If your life is uncertain—such as frequently moving for work or not being sure about where you want to live—buying may not be the right choice. Renting might offer more flexibility in such a situation.

    4. Extra Costs Besides the Price of the House you Want to Buy

    Owning a house involves more than just the initial purchase price. Maintenance, property taxes, insurance, and potential repairs can quickly add up. Even if you have the money for the down payment, you need to consider whether you’re financially prepared for these ongoing expenses.

    5. Other Financial Goals Are at Risk

    Investing in a house can tie up a significant portion of your finances, leaving little room for other priorities. If you’re planning to start a business, fund higher education, or build an emergency savings fund, buying a house might hinder your ability to achieve these goals. Consider your broader financial picture before deciding.

    6. High-Interest Rates

    Even if you have the money for a down payment, high mortgage interest rates can significantly increase the overall cost of owning a home. Waiting for interest rates to drop can save you thousands over the life of your loan.

    7. Insufficient Emergency Savings

    Buying a house often uses up a big part of your savings. If you don’t have enough money saved for emergencies, you could struggle to handle unexpected costs like medical bills, car repairs, or job loss. It’s important to save up a good amount for emergencies before you buy a home. This way, you can avoid financial stress and feel more secure after making such a big purchase.

    8. Lack of Suitable House to Buy

    Even if you have the money to buy, the market might not have houses that meet your needs or preferences. Settling for a home that doesn’t feel right could lead to regret later. It’s often wiser to wait until the right property becomes available rather than rushing into a purchase that doesn’t fully suit your lifestyle or goals. Patience can help you make a choice you’ll be happy with for years to come.

    9. You Might Make a Major Life Changes In the Future

    If big life events like marriage, having a child, or a career change are coming up, buying a house might not suit your future needs. It’s better to wait until your plans are clear before making such an important decision.

    Final Thoughts

    Buying a house is a significant financial decision that requires careful consideration of more than just your bank account balance. Evaluating market conditions, your personal and financial stability, and long-term goals can help ensure that when you do buy a home, it’s the right time for you.

    The post Is It the Right Time to Buy a House? appeared first on Bluman Properties Blog.

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