In this article:
What has changed: The certification of the Real Estate Sales and Marketing Association (RESAM) relates to the association’s requirements, and the permissible duties of foreign agency employees require separate assessment. Bank confirmations when buying a condominium provide an alternative to the FET form and a separate procedure for buying with Thai baht for permanent residents.
How to choose a real estate agent in Thailand before transferring money? Compare candidates, establish the legal name of the company and the responsible employee, obtain written commission terms, arrange an independent check of the property, and agree on the payment procedure. Assess the intermediary by their documents, the content of their answers, and their willingness to explain the purchase terms.
Start with your goal: where and what kind of housing you are looking for, what you are buying it for, and what help you expect. Then request comparable offers, examples of completed deals, and a draft contract. A beautiful website, convenient communication, and recommendations from acquaintances are useful for searching, but by themselves they do not confirm that a purchase is safe.
Current as of the time of publication. Rules and conditions may change; the applicability of requirements depends on the property, the buyer’s status and the contract. Below are tables, questions and steps that will help you assess the agent before signing documents and taking on financial obligations.
Why you need an agent and when you can buy directly
An agent can select properties, arrange viewings, negotiate and support the agreed stages of the purchase. Ask for the services to be described in writing: who collects the documents, explains the seller’s offers, and helps after the apartment is chosen. The word “support” without a list of actions leaves too many questions open.
Contacting the seller or the developer’s sales department directly is another way to organize a purchase. In this case, the search, negotiations, document translation and legal review must be divided between you and the specialists you involve. Compare options by the scope of help and the total cost, not only by the promise to do without an intermediary.
An agent is useful if their work matches your goal and reduces organizational difficulties. But help with documents does not mean an independent check of the seller, their rights to the property, or the terms of the contract.
We recommend arranging a legal review both for a direct purchase and when buying through an agency. This is a recommendation to reduce risk, not a statement that there is a general obligation to hire a lawyer. The overall picture of the stages is in the guide buying real estate in Thailand.
How to compare agents by region and property type
Start with the region, type of housing and purpose of the purchase: living, vacation or rental. Experience with similar properties is more useful than a general claim like “we work across all of Thailand.” Ask them to explain why the proposed apartment or villa suits you specifically and what its drawbacks are.
Pattaya, Phuket, Bangkok, Koh Samui, Hua Hin and Krabi are examples of areas to search for a specialist. The name of a region alone says nothing about an agent’s qualifications. Check their experience with the chosen location and property.
To compare candidates, fill in the same table for each one. In the last column, record the answers received and the confirmations.
| Criterion | What to request | What to record for comparison |
|---|---|---|
| Experience with similar properties | Examples of completed deals | Property type, agent’s role, confirmation |
| Reasons for selection | Explanation of how it matches your goal | Verifiable arguments |
| Drawbacks of the offers | Limitations and possible inconveniences | What is disclosed before viewing |
| Scope of services | Written list | Included and separate help |
| Responsible employee | Name, contacts, responsibilities | Who conducts negotiations and support |
Compare prices for comparable properties and written offers with similar specifications. Ask for an explanation of the form of ownership: freehold and leasehold should not be mixed in a selection without explanations. Before discussing, study the types of real estate in Thailand.
How to check the company and the responsible employee
Start with the company’s legal name, not just the agency’s brand. A real estate agency’s recommendation (Kalinka Thailand) suggests verifying the registration date, registered capital and directors through the Department of Business Development (DBD). Check company information on the official website of the Department of Business Development.
Compare the name with the cooperation agreement and find out who signs the documents. Establish the responsible employee, their work contacts and their role in the deal. If one person conducts the negotiations but a different company offers the contract, ask them to explain this connection.
| Criterion | Confirmation | What to verify | Limitation of the check |
|---|---|---|---|
| Company | Registration details | Name, date, capital, directors | Registration does not confirm the safety of the property |
| Signatory | Documents on authority | Who acts on behalf of the company | A job title in correspondence is not sufficient |
| Contacts and office | Independently found contacts, address | Employee’s connection to the agency | An office does not guarantee the quality of services |
| Experience | Examples of completed deals | Similarity of properties and the agent’s role | A listings catalog does not confirm completion |
| Reputation | Client reviews and recommendations | Specificity of descriptions and responses to claims | Reviews do not replace the transaction documents |
| Scope of help | Offer and draft contract | Responsibilities and responsible persons | Verbal promises are hard to compare |
Ask for client recommendations and, with their consent, discuss the content of the support. Ask not only about the result but also how the agent explained expenses and handled issues. Consider the length of work as a verifiable sign of experience, without an arbitrary minimum period of service.
If the intermediary acts as an individual, establish the counterparty and the grounds for making claims. The absence of a company does not in itself release a person from liability. Checking the intermediary and checking the property are separate tasks.
Licenses and certificates: what they confirm
If an agent shows a “license,” ask who issued it, in whose name, and what it confirms. An employee’s ID card, a company’s membership in an association, and a permit for a specific activity cannot be treated as interchangeable documents.
The Real Estate Sales and Marketing Association (RESAM) sets its own requirement: approval of a broker’s practice may be granted only to persons certified by the association. This statement relates to the association’s own requirements. It cannot be used to conclude whether a mandatory state license exists or not for the entire market.
Foreign employees’ duties require special attention. The published list from Thailand’s Ministry of Labor contains a restriction on brokerage and agency activity by foreigners, with an exception for international trade. The page refers to an outdated list, so a specific person needs an assessment of the current rules and of the work actually performed.
A work permit should not be interpreted as permission for all agency duties. Ask for an explanation of how roles are divided within the company, and refer disputed questions to a relevant specialist. Additional context is provided in the guide real estate laws in Thailand.
Who pays the commission and how to compare the full price
The real estate agent’s commission in Thailand should be clear from the specific offer. Request a written explanation: who pays it, how the remuneration is calculated, when the payment obligation arises, and which services the buyer pays for separately.
Under the contract, the remuneration may be paid by the seller or the developer. But this condition does not mean the final price will be the same across all sales channels. Compare offers for the same property as a whole, including the specification, discounts and additional services.
| Parameter | Offer through an agent | Direct offer |
|---|---|---|
| Property price | Record from the offer | Record from the offer |
| Specification | List of what is included | List of what is included |
| Discounts and bonuses | Conditions of provision | Conditions of provision |
| Commission | Payer, calculation, payment timing | Presence of intermediary payments |
| Additional services | Content and cost | Content and cost |
| Mandatory payments | List and distribution | List and distribution |
| Total cost | Full written calculation | Full written calculation |
Do not leave blank lines: ask for what is included, what is missing, and what is not yet determined. Separately discuss the costs of a lawyer, translation, registration and property maintenance, if they relate to your purchase.
By the way, it is useful to translate the phrase “free for the buyer” into a specific list of services and payments. To prepare your questions, use the guide property taxes in Thailand, and fix the distribution of expenses in the contract.
Questions to ask a real estate agent before starting work
Hold a meeting or call before taking on any obligations to the agency. The purpose of the interview is to obtain information on which candidates can be compared, and then to request the promised documents.
- What is the company’s legal name, and who is responsible for my transaction? Expect the company details, the employee’s name, and a description of their responsibilities.
- Which completed deals with foreign buyers and similar properties can you show? Ask for examples with an explanation of the agent’s role and the available confirmation of completion.
- How is your commission calculated, and who pays it? You need a written calculation showing the payer and the conditions for the payment obligation.
- Can I bring in an independent lawyer of my choice? Get a clear procedure for handing over documents and working with your specialist.
- Can I review the cooperation agreement and the draft purchase contract in advance? The expected result is draft documents to study before signing.
- Which expenses and services are included in the offer, and which are paid separately? Request a list of payments and the scope of each service.
- Who receives the deposit and subsequent payments, and on what basis? You need the recipient’s details, bank information, and the documented basis for the payment.
- What are the terms for withdrawing from the deal, refunds, and ending the cooperation? Ask to be shown the relevant contract provisions, including any possible deductions.
- Who will handle registration, acceptance and key handover? Get a list of actions, responsible persons, and the procedure for later requests.
Compare answers by their content, not by the speaker’s confidence. The phrase “we’ll sort everything out” does not replace a calculation or a contract. If the promised documents are not provided, leave the question open and do not proceed to payment.
Agent and independent lawyer: boundaries of responsibility
The agent handles commercial and organizational tasks: selection, viewings, negotiations and agreed support. An independent lawyer assesses the rights, documents and terms of the transaction from the buyer’s position. We recommend determining in advance who performs each check and to whom they report the result.
In material on legal due diligence of real estate on the video platform (YouTube), it is recommended to complete the check before paying a booking fee, signing a contract, or taking on financial obligations. This is a recommendation to reduce risk, not a statement that every buyer is legally required to hire a lawyer.
Ask the independent specialist to assess:
- the seller and the basis for disposing of the property;
- the signatory’s authority;
- the documents and their conformity to the chosen property;
- encumbrances and debts;
- the contract terms and the chosen form of ownership;
- restrictions applicable to the buyer.
According to the explanation from the legal portal ThaiLawOnline, the limit on foreign ownership is no more than 49% of the total area of all apartments in the project. This refers to area, not the number of apartments. We recommend assessing separately whether the restriction applies to the chosen property.
The government explanation on condominium registration mentions a letter from its juristic person confirming the foreign ownership share. Another explanation from a government portal points to the need for the Minister of Interior’s permission under the exceptional land acquisition procedure described. Do not consider this exception applicable to your purchase without a separate legal assessment.
When choosing a specialist, discuss the scope of work, independence from the agency, and the content of the result. To prepare, see the material on a lawyer when buying real estate in Thailand.
What to agree on before the deposit and money transfer
Before payment, we recommend gathering documents and agreeing on terms, rather than limiting yourself to a message with an account number. Check whether the subject of the purchase, the recipient of the money and the payment basis match the contract.
Prepare a written list:
- the property and the form of rights being acquired;
- the purchase contract and the property documents;
- the recipient’s authority to receive the money;
- bank details and the payment purpose;
- the payment schedule and confirmation of each payment;
- terms for refunds, deductions and withdrawal from the deal.
Bangkok Bank describes receiving funds from a foreign bank through the SWIFT international bank transfer system. For a condominium purchase, the bank gives the purpose “To purchase a condominium.” This route does not mean that a transfer from any bank is available to every buyer.
The name of the FET form does not replace agreeing on the appropriate bank confirmations. In this case in the explanation on the Thai government portal an alternative bank certificate, which must be obtained from the bank itself, is provided. The same explanation describes a separate procedure for using Thai baht without requesting the Foreign Exchange Transaction Form for permanent residents.
Before the transfer, agree with the receiving bank on your buyer status, the possible route, and the set of documents for this specific transaction. Additional questions are collected in the guide transferring money to buy real estate.
If the details have changed, confirm them independently of the message with the new account. The type of account by itself does not settle the question: the recipient must be matched against the contract and against their authority to accept payment.
Red flags: when to suspend payment
Haste, an unclear contract, and avoidance of financial questions are reasons to stop the payment and continue checking. They do not automatically prove fraud, but they leave essential purchase terms unconfirmed.
The real estate publication Dom News describes buyers from Russia losing deposits through fake accounts, clones of real agents, deepfakes and forged contracts. The practical conclusion: a familiar name and a convincing video do not replace independent confirmation of the intermediary’s contact details and bank details.
| Signal | Buyer action |
|---|---|
| Demand to pay money immediately | Suspend payment and request the basis for the urgency |
| Refusal to provide the contract or documents | Request materials for an independent review |
| Unclear commission | Obtain a written calculation before taking on obligations |
| Unexpected expenses | Request an updated full calculation and contract terms |
| Obstacles to your lawyer | Find out the reason and reconsider the cooperation |
| New bank details in correspondence | Independently confirm the recipient and their authority |
| Promise of returns without conditions | Request the contract, guarantor and payment procedure |
If a contractual income guarantee is offered, ask to see who is responsible for payments, which expenses are deducted, and what exceptions apply. Do not replace contract analysis with promotional wording.
Simply put, the pause is needed to answer a specific question. Continue after receiving the document or independent confirmation, not after a repeated promise that “everything is safe.”
Step-by-step algorithm for choosing and supporting a transaction
To choose a real estate agent in Thailand, move from the buyer’s goal to confirmed transaction terms. Do not combine choosing an agent, checking the property and preparing payment into one decision based on a successful viewing.
- Define your goal, region and budget. Write down your housing requirements and the expected scope of help.
- Make a list of candidates. Use recommendations, reviews and search, keeping the sources of contacts.
- Check the information. Compare the company, the employee, the experience and the stated services.
- Hold a meeting. Ask the questions from the list and request confirmation of the answers.
- Compare the selections. Assess the reasons for selection, drawbacks, form of ownership and total price.
- Choose a property. Make sure the offer matches your goal.
- Arrange an independent check. We recommend completing it before paying a booking fee, signing a contract, or taking on financial obligations.
- Agree on the terms in writing. Fix the commission, responsibilities, limits of cooperation, and the termination procedure.
- Prepare the payment. Verify the recipient against the contract and agree on confirmations with the receiving bank, taking your status into account.
- Arrange registration and acceptance. Determine the participation of specialists and the procedure for completing the purchase.
Do not accept exclusive obligations to the agent until you have studied the terms and the quality of the offers. If a document is written in a language you do not understand, arrange a translation and an assessment of its content before signing.
At the end, draw up a written list of support: who is responsible for documents, registration, acceptance, key handover, and later requests. The general sequence is covered in step-by-step process for buying real estate.
Frequently Asked Questions ❓
Do you need a license to be a real estate agent in Thailand?
First find out what the agent calls a license and who issued it. The Real Estate Sales and Marketing Association (RESAM) sets its own certification requirement, which does not establish whether a mandatory state license exists for the entire market. Check the company, the employee and what the ID card means; assess the permissible duties of a foreign employee separately.
How much do real estate agent services cost for a buyer?
Get a written calculation: who pays the agent, how the remuneration is determined, and whether the buyer pays a separate fee. Clarify the included services and when payment becomes due. Compare the total cost of specific offers without relying on a universal commission rate or a promise that the service is free.
Can you buy property in Thailand without a real estate agent?
Contacting the seller or the developer’s sales department directly is a possible option. In that case, the search, negotiations, translation and document checks must be arranged separately. We recommend an independent legal review before taking on financial obligations; this is a recommendation to reduce risk.
How do I check an agency's reputation?
Verify company information through the Department of Business Development (DBD), review independent reviews, and request examples of completed deals and client recommendations. Establish the company’s legal name and the responsible employee. Registration, an office and reviews do not replace checking the property and the contract.
Can a real estate agent help with a visa or opening a bank account?
If an agency offers help, find out who performs it, what it costs, and what the separate service includes. Do not link buying property to automatically obtaining a visa, residence right or bank account. Discuss the applicable conditions with the relevant authority or bank.
Is the FET form mandatory when buying a condominium?
Do not treat the name of one document as a universal requirement for all transactions. The government explanation provides for an alternative bank certificate in the described case, and a separate procedure for using Thai baht for permanent residents. Before the transfer, agree with the receiving bank on the confirmations required for your status and purchase.
Conclusion
When choosing a real estate agent in Thailand, identify the parties to the transaction and check the intermediary separately from the property. Obtain written commission terms, a list of services and a clear payment procedure. We recommend an independent legal review before taking on financial obligations, to understand the seller’s rights, the documents and the terms of the contract.
Start with a practical step: fill in the comparison table for candidates and gather documents before transferring money. Do not leave questions about the payment recipient, refunds and support through completion of the purchase unanswered. Rules and transaction terms may change; the applicability of requirements depends on the property, the buyer’s status and the contract. To continue preparing, see the section on real estate and rentals in Thailand.
Prepared by MyThai.online editorial team.