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heretostay

How to sell rubber plantations?

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Hi,

 

My Thai family has two rubber plantations, 20 and 24 rai, both on ภบท5 basis (no chanote/deed).  How do you go about finding a buyer?  The family have "told everyone we know" that the land is for sale to no avail (not even a nibble), but surely there are agents who do this type of thing.
Sorry if my query is naive, but I'd like to give them some help.
Thanks in advance for names or websites or any other advice.

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Two big problems for them are no title to land and rubber prices the last 5 years have been terrible, and with the economy not doing well right now there is land for sale at decent prices everywhere around me with chanote titles. Good luck to you.

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It depends if they are asking an unrealistic price like most tend to do ?? 

Anything will sell if you price it right.

Best bet these days is advertise it on Facebook Marketplace in all the local groups. 

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1 hour ago, ireckonso said:

Two big problems for them are no title to land and rubber prices the last 5 years have been terrible, and with the economy not doing well right now there is land for sale at decent prices everywhere around me with chanote titles. Good luck to you.

Thanks for your kind wishes.  I recognize the challenge that they are facing but would like to try to help.  Any websites or agents to recommend?

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1 hour ago, cornishcarlos said:

It depends if they are asking an unrealistic price like most tend to do ?? 

Anything will sell if you price it right.

Best bet these days is advertise it on Facebook Marketplace in all the local groups. 

Thanks for the suggestion.  I'm not a big fan of Facebook, but will have a look at local groups and the Marketplace (about which I know nothing, but it's always interesting to learn about new stuff).

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If everyone you know in the local area is not interested, its for a valid reason so any attempt by you will probably be fruitless. DD property, teedin.com are a few websites for Thais so give them a go and fb marketplace is very popular as someone already mentioned.

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Generally the pui ya ban is 1st port of call.

It is unlikely even if you find an outside buyer that they would be allowed to purchase the land unless they have family in the area or are prepared to relocate.

Of course every Tambon may have slightly different views on it. 

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1 hour ago, farmerjo said:

Generally the pui ya ban is 1st port of call.

It is unlikely even if you find an outside buyer that they would be allowed to purchase the land unless they have family in the area or are prepared to relocate.

Of course every Tambon may have slightly different views on it. 

Thanks for your comments.  My Thai family knows the pu yai baan very well, and he is the gamnan, too.  I will double check, but I am sure that they have already contacted him.

Why would an outsider be blocked?  You think the TAO aw baw taw would block the transfer?

 

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1 hour ago, baansgr said:

If everyone you know in the local area is not interested, its for a valid reason so any attempt by you will probably be fruitless. DD property, teedin.com are a few websites for Thais so give them a go and fb marketplace is very popular as someone already mentioned.

Yes, I came across DD and teedin, so I guess I will "have a go," as you say.  It cannot hurt to try!

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I was offered land but without paper I'm not interested. It's not very motivating for a buyer to "own" land where some issue may arise after building a home and investing a lot of time and money. 

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Nothing helpful for you in my comment but I'll throw it in anyway. It was always my understanding that an agent is almost never used; word of mouth is how it's done (but I know you have already made that effort). I trust that there is a sign posted on it !

 

Noted already; Everything has a buyer. Price is the determining factor.

 

Good luck.

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7 hours ago, heretostay said:

Thanks for your comments.  My Thai family knows the pu yai baan very well, and he is the gamnan, too.  I will double check, but I am sure that they have already contacted him.

Why would an outsider be blocked?  You think the TAO aw baw taw would block the transfer?

 

In many local villages the elders will also have a say,if they feel it's best for your family's situation they may allow it.

But a lot will reject it seeing it as driving prices up where locals cannot compete for the land since most abide by the cannot sell only pass down to family rule.

There is generally a set price per rai in the area,ask how much that is to see if your if your family are in the ballpark regardless of rubber on it or not.

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On 12/6/2019 at 11:16 AM, neeray said:

Nothing helpful for you in my comment but I'll throw it in anyway. It was always my understanding that an agent is almost never used; word of mouth is how it's done (but I know you have already made that effort). I trust that there is a sign posted on it !

 

Noted already; Everything has a buyer. Price is the determining factor.

 

Good luck.

Indeed, everything has a buyer!  I just have to find that person.  Needle in haystack, but I'll give it a go.  I will admit, I hadn't thought of putting up signs - thanks for that!  (The plots are not on roads with much traffic, but a sign costs nearly nothing and "you never know.")

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On 12/6/2019 at 7:01 PM, farmerjo said:

In many local villages the elders will also have a say,if they feel it's best for your family's situation they may allow it.

But a lot will reject it seeing it as driving prices up where locals cannot compete for the land since most abide by the cannot sell only pass down to family rule.

There is generally a set price per rai in the area,ask how much that is to see if your if your family are in the ballpark regardless of rubber on it or not.

I will have a chat again with the family to see what the politics of the village are.  Frankly, we are not looking for, nor expecting, a very high price, so we might just be successful.  Who knows?  Got to try!

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