How Does the Real Estate Industry Work in Hua Hin?
Navigating the real estate market in any country can be tricky, but it gets even more difficult when you are looking to buy property in a country that you are unfamiliar with. Language barriers, cultural differences, and differences in legal codes all combine to make an already complicated topic all the more difficult.
This is a short guide to help you navigate the real estate market in Hua Hin. The key point to remember is to find a good real estate agent that you trust – it’ll make the whole process much easier.
There Are Many Agencies to Choose From
In Hua Hin, there are going to be a lot of real estate agencies to choose from – some reputable, and some not. With all the associated costs of moving – especially moving to a new county – it makes sense to try to be frugal where you can, but the one place you should never skimp is your real estate company.
The key is to do your research. Compare multiple agencies, and make sure the one you pick doesn’t have any qualities that are starkly different from the others. Read their customer reviews and make sure they are operating in accordance with all necessary laws. You should also call and speak to any agencies that you are considering to get a feel for their policies and the way they conduct business.
Try to Stick with Just One
Once you find some real estate agencies that you like, try to narrow the list down and just work with one. It can be tempting to work try to work with two or three different agencies to see who will offer the best prices or hidden gem properties, but you’ll actually just be working against yourself if you do.
Working with just one real estate agency will save you a lot of time and money. Each agency can show you pretty much any property that is listed for sale – if you work with multiple agencies, there is a high likelihood that you’ll see the same property more than once. This will just be a waste of everyone’s time, especially if you didn’t like the property the first time you saw it.
Be Up Front
Once you find the real estate agency that you want to work with, it is important to be totally up front with your agent about what you’re looking for, what you like, what you don’t like, and your past experiences looking for homes in the Hua Hin area.
If you are considering or have worked with other real estate agencies in the past, let your agent know. Tell them what drew you to that other agency, or what turned you off from them. The more honest you are with your agent, the better they can do their job of helping you find the right home for you.
New Developments VS Resale Properties
Most buyers with budgets in the $300,000’s can afford – and end up buying – newly developed property. You don’t need to decide right away whether you want a brand-new house or a resale property, but you should make your real estate agent aware of your thoughts on the subject, and again, it’ll be in your best interest to work with just one agent.
A lot of first-time buyers make the mistake of working with one agency to view resale properties, and another to see new houses and developments. It might seem a little counter-intuitive at first to work with just one, but if you’re working with a good agent, they’ll be able to show you just about any property – even if it is listed on another agency’s website. Doing so will help them get a more complete idea of what you are looking for.
If you’re looking to move to Hua Hin, contact the experts at Hua Hin Property Partner. We’ll help you navigate the market and find the perfect property.