Jump to content
ripley

how to attract clients for purchase or rent of condos

Recommended Posts

Posted (edited)

Can any of you give me some tips on how to attract buyers or renters for my condo? Nice places but even with 4 agents am not having any success.The condos are large, on low floor with limited beach view and in good shape. Common wisdom seems to be NOT to spend on renovation as most clients will rip everything out anyway & decorate to their own taste. On the market for a few years but no takers. What's the deal here??? I need sensible tactics!

Edited by ripley
typo

Share this post


Link to post
Share on other sites

I agree, a lower price will get interest. See the prices of others for sale and go lower

  • Like 1

Share this post


Link to post
Share on other sites

If bad location,terrible condition and over priced,you are

not looking for a buyer,you are looking for a mug,and there

are a lot less of them,or there should be.

regards worgeordie

  • Like 2

Share this post


Link to post
Share on other sites

use ddproperty...skip the agent....lower your price...And of course, sex sells, but margins are so right and land office fees so high...the three percent makes a big difference...Especially On a condo, where it is so easy to compare to other like units.

Share this post


Link to post
Share on other sites
44 minutes ago, scubascuba3 said:

I agree, a lower price will get interest. See the prices of others for sale and go lower

 

Does Thailand have a  real estate  industry that offers that kind of information?   I doubt it.

 

 

Share this post


Link to post
Share on other sites

 Condos on the market for "a few years"? How can anyone advise what to do differently if you do not say what you are doing now?

 

Location? Price? Foreigner name?

 

I doubt the veracity of the OP.

Share this post


Link to post
Share on other sites
12 minutes ago, watcharacters said:

 

Does Thailand have a  real estate  industry that offers that kind of information?   I doubt it.

 

 

A very relevant observation, the lack of data in Thailand ends up with people picking a value out of thin air, basing the value on what the neighbour is asking etc. If buyers and sellers were more aware of the price properties actually change hand at, volume etc. The market would benefit and be more realistic.

  • Like 2

Share this post


Link to post
Share on other sites
 
Does Thailand have a  real estate  industry that offers that kind of information?   I doubt it.
 
 
Just check all the websites where farang would look, hipflat, bahtsold etc etc google condo name for sale, quite easy
  • Like 1

Share this post


Link to post
Share on other sites
1 minute ago, scubascuba3 said:
24 minutes ago, watcharacters said:
 
Does Thailand have a  real estate  industry that offers that kind of information?   I doubt it.
 
 

Just check all the websites where farang would look, hipflat, bahtsold etc etc google condo name for sale, quite easy

Thats just seeing what other unrealistic sellers are asking, often not much relevance to the actual sales prices.

My condo block properties regularly sell for around 1.5 million baht, people have the same condos listed for 3 million baht, because the guy next door is asking 3m.

 

There is no real actual sales data.

  • Like 1

Share this post


Link to post
Share on other sites
Thats just seeing what other unrealistic sellers are asking, often not much relevance to the actual sales prices.
My condo block properties regularly sell for around 1.5 million baht, people have the same condos listed for 3 million baht, because the guy next door is asking 3m.
 
There is no real actual sales data.
Yes i know, but if all the others are advertised as 3m, no point having yours at 4m for example. People know prices are inflated, better to price which gets a bite maybe 2.5m

Share this post


Link to post
Share on other sites
Posted (edited)

and many understate sales price to minimize pain at land office...but within some of these large complexes, it is fairly easy to get comps.  And if you see what they are renting for, you can get a better idea of value.  I wouldn't rent to a Thai, but they will buy.

 

Pattaya might be the biggest buyers market in the country, with many taking losses...you can't base price on what you paid or the exchange rate.  Exchange rates can make it better to sell or buy at times, but price is still relative to other recent sales.

Edited by moontang

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

BANGKOK 18 July 2018 03:40
Sponsors
×