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Frequently Asked Questions: For Sellers
Q1: What documents are required to list a house or condo with ThaiPropertyInvestor?
A1: You only need 4 items: the land title deed or condominium ownership certificate, a copy of the owner's ID card, a copy of the house registration, and at least 5-10 photos of the property. With these, we can start listing your property immediately.
Q2: How much is the broker's commission fee?
A2: The standard rate in the Thai real estate industry is 3% of the actual selling price. This fee is only collected after a successful sale. There are no upfront costs.
Q3: How long does it take to sell a property after listing?
A3: It depends on the location, price, and condition of the property. On average, city condos take 1-3 months to sell, while land and single-detached houses take 3-6 months. Our team helps accelerate the process through online marketing and our network of investors.
Q4: What does the owner need to do after listing the property?
A4: You hardly need to do anything. Our team handles everything from taking photos, posting listings, contacting buyers, arranging property viewings, to negotiating. The owner simply waits for updates when there's an interested buyer and makes the final decision.
Frequently Asked Questions: For Buyers and Investors
Q5: What should I look for when buying a condo for rent?
A5: Look at 3 main factors: (1) Location — close to BTS/MRT or employment hubs, with a vacancy rate below 10%. (2) Yield — expect a rental yield of 5-7% per year based on the purchase price. (3) Juristic Person Condition — review the project's financial statements before making a decision.
Q6: Can foreigners buy real estate in Thailand?
A6: Yes, for certain types of properties. Foreigners can own up to 49% of the total sellable area of a condominium project. For land and single-detached houses, ownership must be structured through a Thai company or a long-term lease agreement (30 years). Our team provides free consultations on this matter.
Q7: How is ThaiPropertyInvestor different from general property listing websites?
A7: General listing websites are just advertising boards, but ThaiPropertyInvestor has a team of professional brokers who manage the entire process—from property valuation and marketing to ownership transfer—along with an extensive network of ready-to-buy investors.
