Selling my condo in Chiang Mai, advise please

[Airwolf]

I'm looking into selling my condo in CM. 

Can anyone recommend an agent or agency. 

What's the typical fee they charge? 2 - 3%

I believe Chinese account for up to 50% of purchases over the past few years, so an agent that deals with them would be good.

Thanks.

[OneMoreFarang]

Sorry, no info about an agent, but a little general advice.

From my experience buying in Bangkok, I was surprised how many owners don't even try to present their property in the best possible light. Often, they are dirty, damaged furniture, etc.

It should be obvious, but I suggest make sure your property looks good and smells good (coffee ground helps). That will make your property already better than many others which people looked at.

 

[Lacessit]

Usually, condos can be advertised through the management on site. It then all depends on the price set by the vendor.

 

From the experience of a friend, real estate agents in Thailand are fairly useless. Look for one that speaks very good English.

[Airwolf]

16 minutes ago, OneMoreFarang said:

Sorry, no info about an agent, but a little general advice.

From my experience buying in Bangkok, I was surprised how many owners don't even try to present their property in the best possible light. Often, they are dirty, damaged furniture, etc.

It should be obvious, but I suggest make sure your property looks good and smells good (coffee ground helps). That will make your property already better than many others which people looked at.

 

I couldn't agree more! I looked at a lot of older condos and that was a common theme, including mine. Of course I renovated it, nice furniture etc. 

Even renting here, it's crazy the amount of condos stuck in the 80s/90s! 

[OneMoreFarang]

38 minutes ago, Lacessit said:

Usually, condos can be advertised through the management on site. It then all depends on the price set by the vendor.

 

From the experience of a friend, real estate agents in Thailand are fairly useless. Look for one that speaks very good English.

In principle I agree with you. But it seems there are often problems with the management.

With some managements they are not allowed to give out any information about what is available.

With some managements they give out information, but very selective.

When I bought my condo I receive the information that this condo is available from the condominium manager. She introduced me to the owner, that took about a minute.

Later the owner who sold it to me told me he has to pay 3% commission to the agent = condominium manager. She received her salary as the manager and then cash in private commission from the owner.

I asked him why he pays the manager who works anyhow in that place. And he told me otherwise she would not mention his condo is for sale. And exactly that is what I found out about another condo in the same building. It was for sale and the management knew about that. But somehow, they forgot to mention this condo because the owner didn't want to give the management of the building any money to tell people that this is for sale.

 

So, getting back to this thread. If you want that the condo management tells people that your place is for sale, then expect to pay them commission for that.