dundrillin wrote:To achieve a quick sale at a good price you may be better to offer a large commission to a single agent.
jmhogan wrote:I feel the need to offer my 2 cents. Real Estate is very different here then most of our home countries. I am about to join a firm here and I have 20 years LICENSED EXPERIENCE back home.
You are right there is no experience necessary to become a "Consultant" here. There is no Real Estate Board there is no ethics or insurance umbrella you are a part of. It is not an organized association as you see in the USA Canada and I am guessing elsewhere.
The reason most people don't know what is for sale and sold is that they do what they call OPEN LISTINGS. A seller can list there home with anyone and everyone at the same time. Most countries you generally sign a contract with one agent/firm maybe 2 depending on your circumstances i.e. DIVORCE. It is not like that here at all. You can list your home with every single person who approaches you.
So the agents are not at all under pressure from Sellers to keep up to date to provide service and market updates. IT is a lazy mans way of doing business. They have the seller send them photos and a write up and they put it on a website.
They have zero accountability to Sellers. They are hoping that there ad generates a lead and they can get the 5%
This is why you see so you few listings with detailed information or coordinates. Otherwise you or you and your Consultant can contact the seller directly and go around the listing Consultants.
I have seen the same house listed for sale by different people with different prices different details and more. Who benefits from that?
THERE are agencies out there doing a proper job. TRUST me I am joining one of them. Not before doing my own due diligence and meeting with several companies did I come to my decision. What they are doing is signing up listings but not allowing the sellers to be listed with others. This way there is some order and control over what goes on. ANYONE can still sell it and bring the buyer and be compensated for it.
Do your own due diligence and you will find there are good, hard working full time Real Estate Consultants here. Ask a few questions interview them you will quickly sort the good from the bad.
I also left a Brokerage that charged 5% for a Brokerage that charged 3.75% because I didn't think people needed to pay 5% to get their home sold and could get the same service for less.
Things are very different here with the main reason being you do not own the land. If you owned the land the market here would be vastly different.
Long Story short not all Realtors or here in Thailand Real Estate Consultants are the same.
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