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Case study / Phuket

A fresh brief after many unsuccessful viewings

Within six days, the buyer chose an apartment at approximately USD 380,000 and paid a deposit. The account states partner commission of USD 7,600.

Last updated: IBG Property3 min read

The enquiry

The buyer was working with five agents and felt disappointed after many viewings. The initial budget was around USD 175,000.

The team’s approach

The team introduced different projects and discussed their concept, construction stage and everyday use. The payment schedule was then reviewed with the buyer.

The outcome

Within six days, the buyer chose an apartment at approximately USD 380,000 and paid a deposit. The account states partner commission of USD 7,600.

Detail As stated in the account
Initial budget Approx. USD 175,000
Chosen property Approx. USD 380,000
Confirmed stage Deposit

What an agent can take from this

Discuss an above-budget option only with the buyer’s agreement and a clear understanding of the financial commitment. Increasing the budget is not a goal in itself.

Sources and figures

Amounts retain their original currencies without conversion at today’s rates. The page date is the editorial publication date, not the transaction date. A deposit is not presented as a completed purchase. Unstated commissions and timings are not estimated.

IBG Property partner channel · All cases · Discuss your client

Source: IBG Property partner-channel accounts. Client, agent and property names are omitted. Timelines and commissions are specific to each case and do not guarantee similar results.