What is the difference between selling a reservation slip, selling a down payment, and selling a transfer?
Last updated: 3 Aug 2025
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Selling a condo down payment, selling a reservation slip, and selling a condo ownership transfer are quite different. Whether you're a buyer who wants to live in a condo and then change your mind and want to sell, or an investor who buys a condo specifically for speculation, you need to thoroughly understand all three types of condo sales before deciding which is right for you.
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Getting to Know Condo Reservations
1. What is a Condo Reservation?
First, let's get to know a condo reservation slip. A condo reservation slip is a document confirming a person's interest in a condo property. Having a condo reservation slip does not necessarily mean you have ownership rights. It simply means that the unit you're interested in is locked in for you. To avoid missing out on a reservation, keep an eye on the project's website for registration information, the first day of sales or pre-sales, and the location of the sales office. This will ensure you don't miss out on the opportunity to secure a reservation slip early.
Selling a condo reservation slip is a form of speculative investment targeted at those who were disappointed by reservations, missed reservations, or have just discovered the project's appeal. If you truly want a particular project, which is usually a condominium near a BTS station with a good price, you're willing to pay the difference to the seller of the reservation slip. This difference is considered the profit the seller will receive.
2. Advantages of Selling Condo Reservation Slips
This is a form of investment with a short-term return. It's usually speculative within a one-month period before the contract with the project owner is due. The seller of the reservation slip can earn a difference of approximately 50,000-100,000 baht, depending on the project's attractiveness.
3. Disadvantages of Selling Condo Reservation Slips
As with all investments, there are risks. Selling condo reservation slips is no exception. Before investing, it's important to thoroughly study the demand and supply in the area, the project's location, the unit placement, the developer's credibility, the project's reputation, and the advertising and public relations that will attract interest. This will help you sell your reservation slip as quickly as possible.
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Getting to Know Condo Down Payments
1. What is Condo Down Payments?
Since most condos are sold before construction to raise funds, interested buyers can immediately sign a contract to reserve their desired unit. The buyer can make installment payments while waiting for construction to be completed and ready for ownership transfer, according to the project's terms and conditions. If a buyer wishes to sell their condo before the transfer of ownership, they can sell it to someone else and continue paying the down payment by changing the sales contract with the project.
2. Advantages of Selling Condo Down Payments
Selling condo down payments offers an advantage in terms of the investment amount required. Sellers can own the condo without spending a large sum of money beyond the reservation fee, contract fees, and monthly down payment. If the reserved condo is popular, the down payment can be increased to capitalize on market demand, eliminating the complicated and costly transfer of ownership.
3. Disadvantages of Selling Condo Down Payments
Projects recognize that many developers are investing in condo down payments for speculation. Many projects charge a fee for changing the sales contract, costing sellers tens of thousands of baht. Furthermore, selling without proper ownership can easily discourage buyers from paying the down payment. If problems arise or the project is abandoned midway, it can be a waste of time for buyers to pursue the process and recover their outstanding payments.
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Introducing Condo Transfers
1. What is a Condo Transfer?
A condo sale and transfer occurs when the seller legally acquires ownership of a completed condo (with a title deed). Whether the seller lives in the condo, rents it out, doesn't use it, or has a mortgage with the bank, the seller can sell it to an interested buyer. This type of sale is also commonly referred to as a resale condo.
2. Advantages of Condo Sale and Transfer
The buyer can easily decide to pay for a real, ready-to-move-in condo rather than a paper condo that may not even have foundations yet. Furthermore, if the seller's condo is in a good location or has a positive reputation, the unit's value will increase, allowing the seller to anticipate long-term profits.
While the seller isn't in a rush to sell, it can also be rented out for a short period to help pay off the condo's installments.
3. Disadvantages of Condo Sale and Transfer
Selling a condo is similar to selling a house: the sale is completed only after the transfer of ownership has been completed with the Land Department. Both the seller and the buyer incur the following expenses during the transfer process:
___________________________________________
Read more at DD Property: https://bit.ly/4fp8ziZ
___________________________________________
Getting to Know Condo Reservations
1. What is a Condo Reservation?
First, let's get to know a condo reservation slip. A condo reservation slip is a document confirming a person's interest in a condo property. Having a condo reservation slip does not necessarily mean you have ownership rights. It simply means that the unit you're interested in is locked in for you. To avoid missing out on a reservation, keep an eye on the project's website for registration information, the first day of sales or pre-sales, and the location of the sales office. This will ensure you don't miss out on the opportunity to secure a reservation slip early.
Selling a condo reservation slip is a form of speculative investment targeted at those who were disappointed by reservations, missed reservations, or have just discovered the project's appeal. If you truly want a particular project, which is usually a condominium near a BTS station with a good price, you're willing to pay the difference to the seller of the reservation slip. This difference is considered the profit the seller will receive.
2. Advantages of Selling Condo Reservation Slips
This is a form of investment with a short-term return. It's usually speculative within a one-month period before the contract with the project owner is due. The seller of the reservation slip can earn a difference of approximately 50,000-100,000 baht, depending on the project's attractiveness.
3. Disadvantages of Selling Condo Reservation Slips
As with all investments, there are risks. Selling condo reservation slips is no exception. Before investing, it's important to thoroughly study the demand and supply in the area, the project's location, the unit placement, the developer's credibility, the project's reputation, and the advertising and public relations that will attract interest. This will help you sell your reservation slip as quickly as possible.
___________________________________________
Getting to Know Condo Down Payments
1. What is Condo Down Payments?
Since most condos are sold before construction to raise funds, interested buyers can immediately sign a contract to reserve their desired unit. The buyer can make installment payments while waiting for construction to be completed and ready for ownership transfer, according to the project's terms and conditions. If a buyer wishes to sell their condo before the transfer of ownership, they can sell it to someone else and continue paying the down payment by changing the sales contract with the project.
2. Advantages of Selling Condo Down Payments
Selling condo down payments offers an advantage in terms of the investment amount required. Sellers can own the condo without spending a large sum of money beyond the reservation fee, contract fees, and monthly down payment. If the reserved condo is popular, the down payment can be increased to capitalize on market demand, eliminating the complicated and costly transfer of ownership.
3. Disadvantages of Selling Condo Down Payments
Projects recognize that many developers are investing in condo down payments for speculation. Many projects charge a fee for changing the sales contract, costing sellers tens of thousands of baht. Furthermore, selling without proper ownership can easily discourage buyers from paying the down payment. If problems arise or the project is abandoned midway, it can be a waste of time for buyers to pursue the process and recover their outstanding payments.
___________________________________________
Introducing Condo Transfers
1. What is a Condo Transfer?
A condo sale and transfer occurs when the seller legally acquires ownership of a completed condo (with a title deed). Whether the seller lives in the condo, rents it out, doesn't use it, or has a mortgage with the bank, the seller can sell it to an interested buyer. This type of sale is also commonly referred to as a resale condo.
2. Advantages of Condo Sale and Transfer
The buyer can easily decide to pay for a real, ready-to-move-in condo rather than a paper condo that may not even have foundations yet. Furthermore, if the seller's condo is in a good location or has a positive reputation, the unit's value will increase, allowing the seller to anticipate long-term profits.
While the seller isn't in a rush to sell, it can also be rented out for a short period to help pay off the condo's installments.
3. Disadvantages of Condo Sale and Transfer
Selling a condo is similar to selling a house: the sale is completed only after the transfer of ownership has been completed with the Land Department. Both the seller and the buyer incur the following expenses during the transfer process:
___________________________________________
Read more at DD Property: https://bit.ly/4fp8ziZ
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