Town & Country Property Homepage
The property industry in Thailand is quite different from many other countries
Not necessarily better or worse; but less transparent.
For example: When you want to buy a home or condo; where do you start?
Perhaps you would pick-up a magazine to check property adverts or go online to Google what’s around?
When you start to explore the “property market” here in Pattaya/Thailand it almost looks as if every house and condo is available for sale!
If you take a closer look however; you will soon discover that you will find many duplicated listings being advertised over and over again! Sometimes with different prices; varying descriptions or location markers etcetera: Very confusing.
Stage II – After you overcome your first shock you decide to approach few real estate agents with a number of selected properties from their websites and make inquiries by email.
To choose which realtor you will approach is mindboggling as most claim to be the biggest & best, even claim to be the “cheapest” or “absolute experts” even when they haven’t been around much longer than fortnight in Pattaya. So you work your way down from top to bottom and approach randomly agencies by sending them few property inquiries.
THIS is what’s likely to happen:
- Few professionals respond properly
- Others not respond, or belated
- Most of your selected properties are no longer available and/or their prices have changed…
Not the friendliest user-experience. Almost frustrating.
A direct cause of this frustration lays in the fact that Thailand doesn’t have an MLS system to list and market properties (Multiple Listing Service) and most agencies work on Non-exclusive basis.
So, if you want to sell or let your home or condo in Pattaya; you are able to approach several agencies and list it with them on a free of charge basis (and free of any obligation)!
We have seen the same property being advertised on 50+ different websites (!)
Guess what happens if this home or condo gets sold?
How many of these 50 realtors (except the one that sold or rented it) will be informed to remove the listing? …You guessed it!
So it kind of explains why searching for a property could be frustrating.
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