We often hear the following statements: “Why do we need an agent if we can find information about properties on the Internet,” or “our friend/comrade has lived in Phuket for a long time and can advise us of a worthwhile property no worse than any realtor,” and also “with an agent we will overpay ” Why isn’t this true?
Unfortunately, in Thailand there is no compulsory licensing of real estate agents, and accordingly there are no established standards, which has led to the fact that over the past few years a lot of amateurs have appeared on the Phuket real estate market, who managed to “break the woods” and discredit the profession. In reality, an experienced professional real estate agent is your reliable support and a person who will not only help you preserve your savings, but also increase them, and also make the process of purchasing real estate as comfortable and transparent as possible for you, and here’s why:
1 Knowledge of the market and the characteristics of developers
An experienced real estate agent has a good understanding of market trends, peculiarities of pricing and demand, and also knows the reputation of developers: how well they build, whether construction is completed on time, whether there are problems with documents and permits from higher authorities. A professional will never recommend a developer who is building his first property, even if he promises mountains of gold to the buyer, or a developer who has not properly fulfilled his obligations to buyers at the previous property, has rebranded and continues to mislead new investors, of course. skillfully hiding essential details. By contacting the developer directly, or with an inexperienced agent, you may lose sight of very important nuances.
2 Completeness of object selection
As a rule, market professionals always have access to exclusive properties, or profitable transfer options at a price lower than that of the developer. By contacting the developer directly, you are limited in your choice by the properties he has available.
3 Comfort and time saving
By contacting an experienced agent, you will not have to spend a lot of time selecting properties and planning routes, as well as arranging meetings with developers. The agent will do this for you and organize a viewing in a comfortable car from anywhere on the island.
4 More favorable terms of purchase
Contrary to popular belief, when you contact an agent in Phuket, you do not overpay at all; the agent’s services are absolutely free for you. On the contrary, a professional agent will help you negotiate more favorable conditions for you when purchasing real estate, which developers may be silent about, be it a discount, a free furniture package, or special payment terms. Moreover, our clients can always count on additional pleasant bonuses directly from our company Sino-Thai.
5 Full transaction support
The real estate purchase transaction does not end with the signing of the reservation contract. That is why it is so important to have a reliable assistant in the person of a professional agent who permanently resides on the island and has more than once gone through the cycle from signing the booking contract to accepting the property and its further rental. An experienced agent will explain the main legal nuances, agree on a contract, organize a legal review if necessary, help with issues related to redevelopment, repairs, resale and will be in touch with you at any time.
6 Possibility of further rental
For most investors, the question remains: Who will manage my property when it is completed? There are not many agencies in Phuket that have their own management company. Our company Sino-Thai sells only those properties in whose potential we are confident and which we are happy to take under management in order to continue mutually beneficial and fruitful cooperation.
Our team lives in Phuket and has been working in the real estate industry for about 10 years. During this time, we have managed to accumulate enormous experience and we will be happy to become your reliable comrade in this important matter.