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Common Problems When Selling Your Property in Thailand

Posted by Admin on January 29, 2018
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Selling property can be a long frustrating journey in the City of Angels making it almost a full time job on top of all your other responsibilities as well as a job in itself. You need to research before each part of the process and doing your homework in many areas of the market pays off. In order to avoid your property being lost in the endless shuffle of properties on the market, lets go thru some different areas of focus. When preparing to sell your property in Bangkok or beyond, there are some important steps to follow with one being the timing of putting your property on the market. Whether you are selling your own property or that of which forms part of your entire portfolio, do not put it on the market until you are ready. Beforehand, do your research and listen to the advice of the experienced professionals at BCL as they have the experience to help you weigh and consider your options with a trained professional by your side. Do not panic into putting your property on the market until such time as you have every question answered by our professional team, and your property is looking at its very best.

One of the biggest challenges when dealing with sellers in the marketplace in Bangkok is the assumption of what something is worth. The personal value the seller places on the property is almost certainly higher than the market value itself. Therefore, the seller may be thinking ahead to fund the next purchase or needing the sale as a form of cash flow for something more immediate. In life, our role is to make as much money as possible from our sale and look like the “ Gordon Gecko” of any transaction. Unlike Wall Street, greed in this case is not good. When dealing with your agent or broker at BCL, you should agree to a marketing price that is realistic and will provide our team with the ability to sell your property in a timely fashion.. We may think that our property is so much nicer than the one next door that just surprisingly sold, but instead use this sale as a price guideline in which to realize the market. Give buyers and real estate brokers such as BCL and BHF the ability to post a price that will enable as many potential buyers to view your property if the price is
reasonable or better. If you choose to stick with the higher price due to personal ties to the property, this is when it sits on the market and becomes stale which then in turn raises
alarm bells as purchasers wonder why it has not sold. If you receive more than one offer, consider the lower one if they can move quicker meaning you won’t miss out on your next purchase.

Also, don’t be persuaded to enlist the help of other agents when you have the ability to one- stop shop at Bangkok Condo Locater . Let Wan and her elite team of experienced professionals provide you with all the tools and advice for a successful sale of your property. Our most important goal is for you to connect and trust the agent working with you and the advice given to help achieve the best sale for you. This also gives you the opportunity to explore marketing strategies with the BCL team instead of shopping around in Bangkok and finding unscrupulous community members who care only for themselves. Agents at BCL help you to receive more market appraisals, and give advice on what can be done to help the sale move along both quickly and in a cost-efficient matter. A good agent should win your business thru hard work and dedication and create a long term relationship.

With Social Media being such an important piece in the sale of your property, BCL sees the internet as a vital tool for purchasers who are short on time but will spend the valuable private time online searching for suitable properties before going out to view them. A photo says a thousand words, and if someone doesn’t like what they see, a potential property could be instantly eliminated. From their list. In the Thai marketplace, please remember that before taking photos there are some areas to remember. By setting the style presented by your broker or agent at Bangkok Condo Locater, you will first need to clear the clutter as well as take the advice from those who know the industry That Tiger print rug
in the living room might look great in the movies, but can easily crush your chances as a photo and create an instant dislike for the property. Before photos, clear away all non-
neutral colors away as well as the newspapers, tacky sculptures, and keep worktops andsurfaces as clear as possible. Show off the property as the stunning structure it is and not your personal belongings.

Whatever may happen next, please make sure to avoid being at the viewing. This is where your experienced team shines. If you are at home for the viewing, do not follow the prospective buyers around like a lost puppy. It is like going to the mall and the employees follow you around. It creates pressure and annoyance. Not only is it off putting, but it can definitely look a bit desperate. Let the buyers roam around freely at their own pace so that they feel comfortable in enjoying the space and picturing what it would look like with their
own belongings. Your Agent or broker at BCL is there for you and ready to answer any questions that perspective buyers may have. Remember not everyone is at ease looking
around at another person’s home and their possessions especially with the homeowner inside. Find somewhere to go and have a coffee but stay close in case your needed that way it will help your chances at a sale.

When you bring your personal emotions into a sale it becomes a problem. The sale of property is a business transaction regardless of whether you have been living in the same
place for 15 years or it is where your children grew up and have lifelong memories. It can be hard to remove the emotion from something which has been so close to your heart for
so long, but it is important to think with a straight head. Remember your intentions for selling, and stick with this. Memories are saved in pictures and in your heart, not in a structure.

The most important thing to remember is to listen to your agent. At BCL, our team cares about you and are trying to advise you correctly and sell the property faster. If an agent
has said that the price you want to achieve is too high or that by painting the property throughout will freshen it up, listen. An agent earns commission and will want to secure your property on their books, and then quickly sell it to move onto their next sale. It is in their interest to give you the best advice in order for this to happen, so take heed of their advice. The more you demand certain conditions from your agent the harder it becomes to

sell. Buying and selling property can be complicated. There are so many small details to consider in the process and your agent is there to help so be quick to answer any queries,
and stay in regular communication with your agent as well as when possible be flexible. No matter what the situation, there will be some bumps in the road, your Team at BCL is here to help you avoid those bumps and offer a smooth ride to a sale.

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