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Tips for choosing the right real estate agent in Bangkok PDF Print E-mail

If you are new to Thailand, and are looking for some accommodation, there is some good news for you. Thailand is a country that offers a renters market. This means that it is fast and easy for you to rent accommodation in Bangkok, for the following reasons:


The first thing you have to know is that though a real estate agent will help you look for your property, you need not pay any commission to the agent. It is the landlord who pays the agency commission.
As real estate agents work for free, you can hire as many real estate agents as you want to rent or even buy a property. However it is advised to stick to one agent once you feel comfortable with one person. This prevents confusion when you go looking for your properties.


With the hundreds of real estate agencies and agents available, you are sure to find someone who will be able to find the right property for you. All you have to do is a search on Google for real estate agencies in Bangkok and you will be provided with more than 200,000 pages to go through. Moreover, as these agencies cater most to expats, they have websites with photo listings for you to take a look at their various properties. And to make communication easy for you, they even have English speaking staff to serve you

Don’t think that as an expat you have to pay more rent than Thai nationals. In fact, not only are your rents similar, landlords prefer having expat tenants and do their best to convince you to sign the dotted line.
It is very interesting to learn that anyone can become a real estate agent in Bangkok. There is no governing body the agent has to become a member of to start serving as a real estate agent.


Anywhere you go, if you mention that you are looking for some accommodation, you are sure to find some freelance agent in the midst with a few properties on hand to show you. Though it is safe to use their services, there is a possibility of their showing you inferior housing options. This is why most expats prefer using the services of professional agents when they look for accommodation.


When you go looking for accommodation, you have the option of looking at 6-8 properties per day for a few days to finally make your choice or you can just take a look at some properties within a day, and fix your deal within a few days’ time.

It is up to you to decide if you have the patience to spend so many days looking for properties, only to return to the first property or save time and just spend a day looking for properties.
Another point you have to remember when you go looking for accommodation in Bangkok is that various agents and agencies have access to the same building. This is because landlords usually contact more than one agency to promote their properties.


Looking around, you will find the same property on various agency websites. This is why you have to view your properties one at a time. This way, if you are not happy with what the first agent shows you, you can inform the second agent what you had seen and thus not waste time seeing the same properties.


Many companies have their own preferred agents who they advise new expats to Thailand to use. However ‘great’ these agents may be to the company, when you are looking for accommodation, it is important that you explain your requirements thoroughly to the agent so that your time is not wasted.


Though you may be suggested some agent by the company, you are at liberty to choose the agency that fits your needs in finding your ideal home. In fact, these agents tend to give you better choices in accommodation as they know you are not obliged to use them. So they work hard to ensure you prefer and use them instead of the company’s preferred agent.


There are also many real estate agents in Bangkok run by foreigners. These are the agents expats tend to turn to while looking for their new homes as the agents understand their needs better. With this better understanding, you need not waste time going in circles looking for accommodation.


Agencies and apartments use the same contracts. While apartment owners will provide their own contract, the rental agency will prepare the contract for condos and houses. If you are from a multinational company, normally you will include a diplomatic clause in your contract.


Moreover, if your company is paying your deposit amount, they will need an additional clause in your contract stating that the deposit amount will be returned to the company at the end of the term. This is for the safety of the company, to ensure that their money is in safe hands and that they will receive it when you terminate your lease with the landlord.

 
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