Top Local Real Estate Agencies in Taiwan

Published on and written by Cyril Jarnias

Taiwan real estate offers numerous opportunities for foreign investors, whether for residential purchases or rental investments. However, navigating the local real estate market can prove complex without the help of a reliable and experienced real estate agency. In this article, we will explore the best real estate agencies in Taiwan, provide tips for choosing the right agency, and inform you about the fees to expect.

Key Players in the Taiwanese Real Estate Market

Taiwan has several reputable real estate agencies that stand out for their professionalism and local market expertise. Here is a selection of the best agencies, with their strengths and weaknesses:

1. Taiwan Realty

  • Extensive network of agencies covering the entire island
  • Recognized expertise in luxury real estate
  • Multilingual customer service (English, Mandarin, Japanese)
  • Fees sometimes higher than average
  • Less specialized in budget properties

2. Sinyi Realty

  • Excellent reputation and long experience in the Taiwanese market
  • Wide selection of properties across all price ranges
  • Comprehensive services, from search to property management
  • Sometimes slow process for complex transactions
  • Fewer options for high-end properties

3. Century 21 Taiwan

  • International network offering global expertise
  • Good understanding of expatriate needs
  • Advanced technological tools for property search
  • Less presence in some rural areas of Taiwan
  • Rates sometimes higher than local agencies

4. H&B Realty

  • Specialization in commercial real estate and investments
  • Excellent knowledge of Taipei and New Taipei City markets
  • Personalized services for foreign investors
  • Fewer options for residential real estate
  • Limited geographic coverage outside Taipei area

5. Yungching Realty

  • One of the largest local agencies with strong national presence
  • Wide selection of properties across all categories
  • Comprehensive services including appraisal and property management
  • English service sometimes limited in certain agencies
  • Transaction process sometimes complex for foreigners

Good to know:

Each agency has its strengths and weaknesses. It’s important to choose the one that best matches your specific needs, whether in terms of property type, location, or budget.

How to Find the Perfect Match: Choosing the Ideal Real Estate Agency in Taiwan

Finding the best real estate agency in Taiwan requires a methodical approach. Here are some tips to help in your search:

1. Do your online research

Start by consulting the websites of the agencies mentioned above. Examine their property catalogs, services offered, and client testimonials. Expatriate forums and Facebook groups dedicated to real estate in Taiwan can also be valuable sources of information.

2. Check certifications and affiliations

Make sure the agency is a member of the Taiwan Real Estate Broker Association (TREBA) or other recognized professional organizations. These affiliations guarantee a certain level of professionalism and ethics.

3. Evaluate their local expertise

A good agency should have in-depth knowledge of the local market, price trends, and specific regulations in Taiwan. Don’t hesitate to ask questions about these topics during your initial contacts.

4. Test their responsiveness and customer service

Send inquiries to several agencies and evaluate the speed and quality of their responses. A good agent should be attentive, responsive, and able to communicate effectively in your language.

5. Meet with multiple agents

Schedule appointments with different agents to discuss your needs. This will allow you to evaluate their professionalism, understanding of your expectations, and ability to advise you effectively.

6. Ask for references

Don’t hesitate to ask for references from previous clients, particularly other expatriates or foreign investors. Their feedback can be very informative.

7. Compare fees and services

Request a detailed quote of fees and make sure you understand exactly what is included in their services. Watch out for hidden fees or additional services charged separately.

Good to know:

The best agency for you will be the one that perfectly understands your needs, offers excellent customer service, and has solid expertise in the Taiwanese real estate market. Don’t rush your choice and take the time to compare several options.

The Bottom Line: Understanding Real Estate Agency Fees in Taiwan

Real estate agency fees in Taiwan can vary depending on the services offered and the type of transaction. Here’s an overview of the main fees to expect:

1. Sales or rental commission

For a sale, the standard commission is typically 4% of the sale price, shared between the seller’s agent and the buyer’s agent. For a rental, it’s often equivalent to one month’s rent, also shared between both agents.

2. Property management fees

If you opt for property management services, fees typically range between 5% and 10% of the monthly rent. These fees cover rent collection, repair management, and communication with tenants.

3. Appraisal fees

Some agencies charge fees for professional property appraisal. These fees can range from 3,000 to 10,000 TWD (approximately $90 to $300 USD) depending on the size and complexity of the property.

4. Marketing fees

For property sales, marketing fees may be charged to cover advertisements, virtual tours, or professional photo sessions. These fees vary considerably depending on the agency and the level of service chosen.

5. Translation and interpretation fees

For non-Chinese speaking clients, some agencies charge additional fees for document translation or interpretation during viewings and negotiations.

6. Legal fees

Although often not included in the agency’s basic services, legal fees may apply for contract verification or assistance during transaction finalization.

7. Maintenance fees

For property management services, additional fees may apply for coordinating repairs and regular property maintenance.

Good to know:

It’s crucial to fully understand the fee structure before committing to an agency. Don’t hesitate to negotiate or ask for clarification on each expense item. Some agencies may offer packages or discounts for bundled services.

Conclusion: Your Passport to Successful Real Estate Investment in Taiwan

Investing in real estate in Taiwan can be a rewarding and potentially lucrative experience, but it’s essential to surround yourself with the right professionals. Local real estate agencies play a crucial role in the success of your project, whether it’s a purchase for living or a rental investment.

By choosing a reputable agency like Taiwan Realty, Sinyi Realty, Century 21 Taiwan, H&B Realty, or Yungching Realty, you’ll benefit from valuable local expertise and professional support throughout your real estate journey. Remember to compare services, fees, and the experience of each agency before making your choice.

Keep in mind that the Taiwanese real estate market has its particularities, especially in terms of regulations for foreign investors. A good agency will know how to guide you through these complexities and help you maximize your investment.

Finally, remain vigilant about the fees applied and make sure you fully understand what is included in the agency’s services. With proper preparation and the right real estate partner, your investment project in Taiwan has every chance of succeeding.

Disclaimer: The information provided on this website is for informational purposes only and does not constitute financial, legal, or professional advice. We encourage you to consult qualified experts before making any investment, real estate, or expatriation decisions. Although we strive to maintain up-to-date and accurate information, we do not guarantee the completeness, accuracy, or timeliness of the proposed content. As investment and expatriation involve risks, we disclaim any liability for potential losses or damages arising from the use of this site. Your use of this site confirms your acceptance of these terms and your understanding of the associated risks.

About the author
Cyril Jarnias

Cyril Jarnias is an independent expert in international wealth management with over 20 years of experience. As an expatriate himself, he is dedicated to helping individuals and business leaders build, protect, and pass on their wealth with complete peace of mind.

On his website, cyriljarnias.com, he shares his expertise on international real estate, offshore company formation, and expatriation.

Thanks to his expertise, he offers sound advice to optimize his clients' wealth management. Cyril Jarnias is also recognized for his appearances in many prestigious media outlets such as BFM Business, les Français de l’étranger, Le Figaro, Les Echos, and Mieux vivre votre argent, where he shares his knowledge and know-how in wealth management.

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