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Thailand - April 2008
Exotiq RE hints at expansion
by Robert Carry -
Property Report Thailand
Exotiq Real Estate has revealed that it plans to
further expand its services in Southeast Asia with
Malaysia, Vietnam and Cambodia all set to be targeted.
The resort-based realtor, founded in 2001, currently has
11 offices in six locations spread across Indonesia and
Thailand and a database of 4000 property listings is also
planning to open offices in Australia and New Zealand.
The massive number of units in Thailand and beyond which
Exotiq has on file has been key to the company's ability
to successfully match buyers and homes in cities and
resorts across the country. Angus MacLachlan, co-founder
and director of operations in Thailand explains, “Each
office in the network specialises in its local territory
and contributes its listings to a central database. This
allows us to pull together virtually every decent property
on the market, creating enormous choice for our clients.”
Exotiq has also focused on attracting local professionals
with strong knowledge of the location they work in:
“Foreign clients really appreciate being able to
communicate, in English, with someone who has local
routes,” explained Chutima Incharoen, Exotiq’s sales
director in Thailand. “Helping them navigate through local
customs, laws and habits often results in good friendships
being established.”
Dominique Gallmann, one of the founders of the brand and
current director for operations in Indonesia, said the
company´s open approach has also been key to its success
to date: “We provide transparency in a largely unregulated
marketplace with high quality, un-biased, property advice
that is difficult to find in an environment where agents
are typically trying to sell their own developments.”
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