Questions to Ask When Hiring a Real Estate Agent in Thailand
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Loading... - Boram Choi
- 10 Aug 2022
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When looking to buy property in Thailand, hiring a reputable and trustworthy real estate agent is important. This isn’t a process that should be rushed and must be approached with great care and consideration. In this article, we’re going to take you through some valuable questions that we recommend asking a prospective real estate agent before rushing in and making your decision.
1 – What experience do you have in the region I am interested in?
An important part of the process when buying a home involves evaluating the communities and regions that you are interested in buying in. As such, it is worth speaking to your prospective real estate agent and finding out how much experience they have with a given region and how knowledgeable they are. The best agents will be able to comment on how the region is evolving and what its infrastructure is like. In addition to that, quality real estate agents will ask you questions about why you are looking to buy (whether it be to live in or rent out to tourists), and what type of lifestyle you are looking for.
2 – What is your expertise in the type of property that I am looking to buy?
Another crucial question is to gauge how much experience they have in the specific type of property you are looking to buy. Do they have much expertise in selling luxury condos? It is important that your chosen agent can help you focus on what makes a condo stand out, with in-depth knowledge about the things that matter most to someone looking to invest in a condo.
3 – Tell me about your experience and your negotiation style
Don’t be afraid to put your real estate agent on the spot and ask them about their negotiation skills and overall experience in the field. You want to have confidence in their ability to represent you and get the best possible deals and asking this type of question in the early stages will allow you to get a good idea as to what type of representation they can offer you.
4 – What are the legalities I should be aware of and can you guide me through it?
Buying property in Thailand as a foreigner can be an overwhelming experience. As such, it is crucial that you learn to navigate the legal minefield as carefully as possible. The beat real estate agents will have a thorough knowledge and understanding of your rights and all of the things that you must be aware of. They should also be able to help you with the legal aspect of things including paperwork, closing issues, and the intricacies of finding legal representation in Thailand. Read More…
