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Answered2 years ago

What are the best options for finding reputable real estate agents for short-term rentals in On Nut, Thailand?

Liam ********
asked Oct 19, 2024
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Reputable real estate agent for short term rentals in On Nut. Thanks
Answer summary
The inquiry seeks recommendations for reputable real estate agents specializing in short-term rentals in the On Nut area. Responses suggest various alternatives including DIY options, serviced apartments, and platforms like RentHub. Some users express frustration over the lack of agent interest in short-term rentals and recommend exploring local areas directly for available properties.
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Tor ******
Tor ******
Just walk down soi 81, there are several places.
Andi ***********
Andi ***********
Check renthub for short term rentals
Michael ********
Michael ********
Agents not really interested in short term rentals. Better off looking at serviced apartments for short term
Eric ******
Eric ******
I've had this same question on here several times and no luck with any answers, except for Air BnB?? It would be easier with an agent that knows the area, the properties and current rates, but nobody has been very helpful. And why do it yourself blind? The property owner compensates the agent, not the buyer. Good luck, I'll be following.

There are some decent vids on YT, just ignore the supposed 'phenominal' price (or add 50% to it) and just concentrate on the building and the area. Some very nice condos in Thailand!
Brandon ************
Brandon ************
@Eric *****
that's because agents work on commission and there's no commission to be earned on a short term rental. The standard is 1 month of rent for a 12 month lease. Short term would be a fraction of that making it not worth the time for both the agent and the landlord.

AirBNB and serviced apartments are the best options.
Eric ******
Eric ******
@Brandon ***********
can you recommend any good properties?
Brandon ************
Brandon ************
@Eric *****
I've never personally stayed in a serviced apartment
Eric ******
Eric ******
@Brandon ***********
I know lots of people use Airbnb, but isn’t it technically against Thai law for them to book for less than 30 days? And I figured if the property has a lot of empty rooms, they may be willing to rent one by the month. I’m not necessarily looking to only stay a month but I just hate to sign a 12 month lease and then something happened back home and I had to leave.
Brandon ************
Brandon ************
@Eric *****
every building will be different. I've lived in buildings that feel like a ghost town and I've stayed in buildings where I have to wait ages for the elevator because there's so many people.

My last condo was at On Nut and I paid 15,000 baht per month but it was for a 1-year lease. Serviced apartments would be an okay option that shouldn't break the bank.
Eric ******
Eric ******
@Brandon ***********
what would you estimate the occupancy rate to be in the condos and apartments in Bangkok? With the massive number of buildings, and even more under construction or renovation, would you think more than 50-60%? And most would have to be long term tourists, as most Thais wouldn't pay what they seem to go for, unless locals get much better pricing. I'll be close to $5500-$6000 USD total for hotels in my 3 months here, probably what I would have paid for comparable condo in the On Nut area for the year...😁🤷🏻‍♂️
Brandon ************
Brandon ************
@Eric *****
yes, they are required to have a hotel license if they rent for less than 30 days. Mostly not a concern for people that are using them because they don't need to go to immigration which would require a TM30. That's what is difficult since many AirBNB don't want to file a TM30 for customers. In the past when I used Airbnb and knew I needed a TM30 I would message the listing to ask before I booked it. But Airbnb is also very expensive.

An empty room that is rented short term is now no longer available to show to customers or to rent to a long-term customer which is what the landlord wants. So it doesn't benefit them to rent short term. Most people that want a room in Bangkok want it in less than a week. I've never waited more than 2 days from the time I viewed a room to signing the lease and moving in.
Liam ********
Liam ********
OP
@Eric *****
thanks. Heard AirBnB is sketchy. What quality building near BTS?
Eric ******
Eric ******
@Liam *******
I've watched so many vids I have to go back and review them. It depends on the area. You'll definitely get a better price in On Nut thab Asok or Thong Lo. I kind of put on the back burner as I have to do a bounce next week but I concentrate harder on it when I return.
Phil ******
Phil ******
Do it yourself
Liam ********
Liam ********
OP
@Phil *****
agreed. We live out of Thailand

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