
The real estate market like the Siila Sri Pathum (ciela ศรีปทุม which is the term in thai) remains fairly variable. The housing sector has managed to find a place in the market but has also experienced its period of crisis.
For several years a large number of real estate agencies have opened their doors. The competition is then quite tough.
The purpose of real estate agencies is to inform its customers about the housing to rent, to sell or to buy but also to find business.
Real estate agencies are often attached to a national network, of which they are one of the franchises. This in particular increases the chances of succeeding in their projects.
The Different Tasks Of The Real Estate Agent
The real estate agent is there to facilitate the transaction with sellers and buyers. He generally works in an agency, but it can also be independent. Often having to be moved, the real estate agent spends a lot of time visiting and estimating properties, and knows the market in his sector well. When he finds a new property, he must sign a sales or rental mandate, being an obligation for all real estate sales of an agency. There are two types of mandate in real estate:
The simple mandate : This type of contract allows for example, the owner to sell by himself. The simple contract generally provides for a period of three to six months during which he cannot be dismissed.
The exclusive mandate : With this contract you entrust the sale of your property to a single agency. You can no longer entrust a mandate to another agency. The maximum duration of the exclusive mandate is fixed at three months, at the end of which the seller can put an end to it.
In order to increase sales, the real estate agent must also publish real estate ads on the agency’s website or in the press.
The internet support has become one of the biggest supports for real estate communication. The number of Internet users consulting real estate classified ads sites continues to grow.