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phungo

Farm land for sale, need help.

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My wife inherited this land and we've tried to sell it for over a year with no leads.

 

http://www.prakardproperty.com/property/show/665646

 

Wife have asked agent to reduce price to 600k baht/rye but agent disregard request and say he mostly focus on offline.

 

I want to get another agent. Any tips on how we could find one? Any tips on how we can quickly sell this land? Any info or insight at all would be helpful! How long does it normally take to sell farm land?

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just advertise it yourself on Kaidee or facebook or bahtsold, locanto or wherever else
or are you out of the country ?

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In rural Thailand, word of mouth seems to work quite well. That's how we found our plot of land. 

Tell the locals you're interested in selling it, give them a rough idea of how much you're looking for it. Who knows, maybe one of them's interested in acquiring more land? 

Good luck. 

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Sounds like you just want to get this block sold. So, start with the agent and the deal you have now. If they sold it at the advertised price how much would they earn in commission? 

Why not say to them, you will get your money if you can organise access rights and find the best offer within .... X months. Subtract the commission and access price, plus transfer costs and you get the rest.

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Posted (edited)

600,000 baht per rai?

 

This is way over priced and that is probably the #1 reason it is not selling.

 

No water either.

 

The Owl just posted some farmland sold behind him for 87K per rai.

Edited by bwpage3
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Nearly 12 million bht for farm land🤣🤣🤣🤣🤣🤣🤣sorry I’m not surprised it’s not selling,,,you could knock 50% off that price and it still wouldn’t sell.

who told you it’s worth 12 million?..

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No access equals    No sale . 

 

what is something worth ?       answer:  what someone is willing to pay for it 

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My M-in-L was in a similar situation.  About 70 metres from the hwy, electricity and town water.  The people between the land and the road wouldn't play ball with an access agreement.   She ended up selling to the people on the other side for 30K/rai.

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1.3 mil for the whole lot is a fairer realistic price....you can get 9 Rai just outside Pattaya, with Chanote, access etc for not much more than you are asking

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4 hours ago, phungo said:

Wife have asked agent to reduce price to 600k baht/rye but agent disregard request and say he mostly focus on offline.

step 1 - fire useless agent not listening to your request.

 

step 2 - reduce price to reasonable sale value.

 

location location location

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12 minutes ago, baansgr said:

1.3 mil for the whole lot is a fairer realistic price....you can get 9 Rai just outside Pattaya, with Chanote, access etc for not much more than you are asking

I'm in Rayong provence and price is 3,000,000/rai sometimes more according to distance from beach.

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the photo in the ad shows a plot of land marked in red that doesn't even look like 1 rai

 

Is there some confusion in the ad maybe?

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