7 Tips for Selling Resale Property fast

Sell property in Thailand, and you'll quickly realize high demand for resale properties in 2023 as a major trend and towards 2024. Unlike brand-new homes fresh from developers, resale properties in Thailand are in tall order. The evidence is in the numbers: these properties have been snapped up over the past seven months at a median price of 5.2M Baht. Bangkok is leading the charge in property selling, with Phuket just a little behind. The surge in demand isn't coincidental. With an enhanced buying process, resale properties shine brighter than ever. Their established neighborhoods, competitive prices, and ready-to-live-in state are major attractions for homebuyers. Knowing the market's pulse is essential if you're looking to thrive in this property-selling scene. Read our top tips to help you navigate Thailand's resale property market.

Selling Resale Property Fast: 7 Tips

Want to sell your property in Thailand quickly? Bangkok's properties are going for around 52M Thai Baht. Phuket is at 46M, and Hua Hin's are about 13.2M. Knowing what makes each place unique can help deal with such hot spots. Adjust your selling approach based on where your property is, and think about what local buyers might want. With smart planning and a feel for the market, your property can stand out and sell faster. After all, you don't want it to be just another ad; you want it to be the one everyone's talking about!

What is Resale Property

Resale property is all about homes with previous owners, not brand-new ones from developers. If you're aiming to sell property that fits this bill, it's got its unique appeal. Highlighting its distinct character can help it stand out in the bustling Thai property market.

The Successful Resale-Property in Thailand by Channel 

Social Media

Social media has over 50 million people in Thailand actively using the platforms, approximately 70-75% of the country's population. It isn't just about catching up with friends anymore. It's a bustling marketplace. Indeed, 40% of properties now find buyers through social media channels. Platforms like Facebook Marketplace have made property selling as casual yet effective as sharing a post. Then there are Instagram reels and TikTok videos, transforming how information is consumed, particularly by the 26-36 age bracket. For those diving into property selling, platforms like social media selling in Pattaya can target this age bracket effectively, tapping into a vast audience ready to engage, interact, and transact. In essence, the power of social media in today's world is undeniable, and those who harness it effectively stand to gain immensely.

Video Marketing

Video marketing has reshaped the real estate landscape, and smartphones play a central role. A staggering 85% of potential buyers, many using their smartphones, prefer properties showcased through videos. Moreover, 63% of properties promoted with video marketing secure a sale. Visuals offer an instant window into the property without a physical visit. With most of the global population now owning smartphones, it's always been challenging for buyers to view and fall in love with properties from their hands. For those in the property selling business, embracing video marketing, specially optimized for smartphone viewing, is pivotal. It's more than just a trend; it's the new norm for achieving property sales success.Achieving property sale success.

Open house

Hosting open house events is a fantastic way to present your property and welcome visitors inside. While not widely known in Thailand, open houses are a potent tool to sell your property. Think of it as opening your doors and inviting potential buyers to explore freely. They can stroll through the rooms, grasp the layout, and visualize themselves living there. This personal encounter helps potential buyers build a stronger bond with the property – they can ask questions, absorb the ambiance, and genuinely imagine their life in that space. Data suggests that open houses pique the interest of about 25% to 30% of attendees, showing substantial engagement. Moreover, around 8% to 10% of selling property results directly from successful open house events. Hence, consider embracing this opportunity to showcase your property through an open house – a welcoming and effective method that might lead to a fruitful sale.

Brochures

Brochures are like friendly helpers you can hold, a classic way to tell people about selling properties in Thailand. All you do is make a little book with the important info. Then, leave these brochures in spots around your area, like shops or community places. People can take one, read it, and get curious. Even with all the fancy gadgets, real, eye-catching brochures stay in people's minds. This is key for getting the word out about selling resale properties. Studies say brochures work well – 30% to 40% of people like the properties they see. They even help 10% to 15% of sales happen. Even though these might seem like small numbers, brochures start the interest and make more deals possible. In today's world of screens, brochures are like a strong memory – super important when selling properties.

Newspaper ads

Newspaper ads are a straightforward method to promote property sales in Thailand's real estate scene. Create a catchy ad with important details and let the newspaper do it. Interestingly, depending on the age group, many folks still kick off their mornings by reading newspapers and perusing the ads. But let's remember the role of newspaper ads. These ads hold sway over approximately 15% to 20% of individuals in the property search. Moreover, they contribute around 12% to 18% of successful property sales.  

Digital Ads

Digital Ads are the new way to show off properties you want to sell. Think about how everything's connected, thanks to the Internet of Things (IoT). Using digital ads to tell people about resale properties can reach a lot of folks. What's cool is that studies say lots of people pay attention to these ads. Around 40% to 50% of possible buyers get interested in property sales when they see digital ads. And guess what? These ads work well in making deals happen, too. They help about 20% to 25% of all real property sales. In this tech-filled time, using digital ads is a smart idea to talk to many people and make sell-property deals happen.

FazWaz Listings

FazWaz Listings are your key to an effortless property sale. Listing with us is free and requires no effort on your part. We care for everything to ensure your property reaches audiences of all ages. Did you know? FazWaz Listings catch the eye of a substantial number of potential buyers. Around 50% to 60% of these buyers are genuinely drawn to the properties they find on our platform. What's even more exciting? FazWaz Listings are incredibly effective in driving sales, contributing to 30% to 40% of all successful property transactions. If you're selling your property, FazWaz Listings are the smart choice – they attract buyers and guarantee a successful sale process.

Conclusion

In today's competitive real estate landscape in Thailand, selling a resale property fast is more challenging than ever. You can effectively sell property in this bustling market with the right blend of strategy, preparation, and insight. By following our seven essential tips, you'll not only elevate the allure of your resale property but also ensure it captures the attention of potential buyers. The right presentation and approach can decide between a rapid sale and a listing that lingers. If you're committed to selling quickly and securing the best price, don't gamble with your property's potential. List with us today by clicking the link below. Let our expertise in Thailand property market provide you a successful sale. List with FazWaz below. 

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