Hua Hin property multiple listing service

[Norseman]

Good advise HHF.
It feels good to wake up in the morning without living in fear that there are some bad guys lurking around waiting just to see you!!
It's a small town and there will be no name and shame, either now, or in the future!!

[London Boy]

Fair enough I can understand but just one question if the HHAD forum / moderators were to know or find out who the people are and knew it to be true would they then ban / stop the company from advertising on the forum or still take the money. Individuals get banned for saying / doing things which are deemed unappropriate how come you cannot do it to companies.

[chopsticks]

Also begs the question as to what practical advice can you give to someone who has suffered to try and seek compensation given that the libel/slander laws are so strict.
Legal redress also seems futile taking perhaps years before there's even a date for a court hearing set down let alone the chances of success?
Is it just that there's very little consumer protection existing in Thailand ?? and Buyer beware applies at all times....

[Norseman]

Buyers beware? OF COURSE!!
When you are investing a whole lot of money in a property development, don't you for a minute consider the consequences of what you are doing?

Do your homework and read the advises given by other HHAD-members in a countless number of threads before you sign any paper or hand over one single Baht.

To London Boy:
Because it can be harmful to your health and we don't know each and every company in this town!!

Solid evidence is one thing, but when you are hiding behind a keyboard and provides us with rumours and hearsay then it means nothing.
Privately you can do what you want but not on a public board like HHAD.
We've received too many threats and warnings of legal actions against us that we simply don't want to take the risk.
None of the mods or Admin are involved in the property business and we have no intention to get involved either!!

Comprende London Boy?

[London Boy]

Yes understood at least you have given an answer whether or not it is the one you want to give at least you did.

[crazy88]

15% ++ Are you on the glue chopsticks?

Crazy 88

[chopsticks]

Not glue Crazy 88, just some sodium pentothal.
15+% (or however much the market can bear) as a starting point allows plenty of room to manoeuvre downwards depending on how savvy the buyer is and their negotiating skills.
Also it allows for 'free' extras to be added in to clinch the sale.
If you go direct to a developer who is willing to sell and cut out the middleman commission you should be able to get an appropriate discount - especially now in an over-traded market.

[PeteC]

Just a generic question. All developers of any size always have sales girls who stick with you from start to finish. It's obvious to me they are on commission as part of their package. What % do these girls personally get at closing? Pete

[pennyflower]

The agents are XXXX Property also known as XXXX Property Shop.

My refundable deposit was $5000.00 dollars cash Australian.
The loss of the money means another year I will have to save. However their promises to pay and not do so is the most distressing.
I have offered all sorts of solutions assuming they were encountering financial difficulties.
If they could just be honest it would help.

Edited by mod.

[splitlid]

hi pennyflower,
yes this company has been in trouble for sometime now, in fact, i dont know how they have stayed open for the past 6 months.
i seriously believe you wont see your money again.
sorry about that.

what reason did you give for requesting the deposit back and what reason did they give for not returning it?

[pennyflower]

I had told them of a property I was intersted in. They promised that they would find me one.
They did not so found it and contacted the owner.
I requested my refund in less then 24 hours after paying it.
A designanted representive contacted in person on the 19th March the next day, I was actually in the car with him but stayed outside.
Twice this occurred . I left Ch Am on the 21st since then there have been numorous requests and promises I have even offered to purachase a vehicle from them and pay the differnce if they were having financial difficulties.
PK

[crazy88]

Chopsticks if you can get any developers to sign up for 15% I will happily represent them. Well actually not as I would simply make an ass of myself trying to sell overpriced properties. Even major international companies that sell off plan via exhibitions worldwide and have corporate offices in prime locations,television advertising etc. charge way less than that. As for negotiating price out of commission. That is quite Thai on land deals which is why you have to bind them into a written contract. If I list a property at a price and agree a percentage deal with a broker then the percentage stands whether they get the asking price or I drop a little. It is based on the actual sales price.

Crazy 88

[ozuncle]

pennyflower,

You paid AU$5,000 to an agent because you were interested in a particular property and they promised to find one for you.

Did I read that right?

[TypicallyTropical]

Thank you guys, I'm getting more and more scared! It sure sounds like it's a "real estate zoo" out there in HH! In Hawaii we have bonded escrow companies handeling all transactions and neither the seller or the seller's agent get a penny before the transaction is closed! Escrow also pays the agent of the buyer before distributing the funds. (It's the same with new developments and developers too.)

[Lev]

This thread is not a tool to slander property companies you have a problem with.

They will sue us - not you!

If you have a genuine problem please take it up with the authorities. Please follow our terms and conditions:

PROPERTY ISSUES
We welcome general discussion on property related issues but will not permit the posting of specific information that may be defamatory or used as part of a legal dispute at a later date. This includes but is not restricted to the names of real estate companies, developers, owners, photographs or republication of private messages or email. What is permitted will be so at our sole discretion, this forum is not a platform for property disputes.

As to those that questioned our advertising policies, would you blame a newspaper if it ran an advertisement for a bank or company that fell foul of its investors? Probably not so less of the finger pointing towards HHAD.

Now