Wednesday, August 12, 2009

REAL ESTATE DATABASE (RED)


The REAL ESTATE DATABASE (RED) is a web-based property marketing system used by Real Estate Agents and Brokers in Uganda to ensure maximum exposure of properties for Sale or Rent on the internet. The RED can also be referred to as a property search engine or Multiple Listing Service (MLS) because it enables the display of property listings from multiple Agents and Websites. All properties can be accessed through a central website that is directly connected to the RED at www.findahouse.co.ug.

After 1½ years of full operation; the RED has seen significant growth to the extent that the number of active properties has now hit the 1000 mark; such properties include Houses to let, Houses for sale, Commercial Lettings, Commercial Sales, Plots For sale and Plots for Leasing. The number of visitors to the RED has also grown to reached 20,000 hits per day The RED is a product of Zillion Technologies Limited; an IT company that specializes in web-based technologies.



Through out the year 2008 we have worked hard to improve the RED and moved it to new heights in many aspects related to functionality of the whole system. In this report, you will discover how the RED has continued to support the Real Estate community with property promotion services that reflect our role as the Nations premier Multiple Listing Services (MLS).

There has been a lot of confusion within the Real Estate market as Real Estate Agents and potential clients are trying to figure out which Buyers/Sellers to work with or where to easily find a pool of agents and their properties in an organized manner; it thus became necessary to have a RED (MLS) that easily arranges properties in categories and also interlinks agents/brokers websites to create a pool of properties where house hunters can be able to choose from a variety of properties which are uploaded into the RED by several/different agents.

The RED was thus created to give house hunters (potential buyers) an opportunity to view properties online through the member’s websites or through the MLS website at www.findahouse.co.ug so that such buyers can make a quick choice basing on the prices/locations/bedrooms or districts of their interest, on the other hand; the RED was also created to provided agents/brokers/realtors with an avenue to display their properties on their own websites in an orderly way by listings properties in different categories of price or location.

In a nut shell; the RED acts as a central storage of properties for the MLS on one side and member’s websites on the other side as illustrated in the diagram on the right.

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