I agree on most points. Not sure agree KF is adding much value as such but 100% agree that it would have been worse without them.
What we really are paying for are salaries for Kh Maprang (20-25k?), the admin lady…think she is full-time so maybe 20K?, part of Kh Tu salary and some time (not much) and guidance (hard to assess) from Nattha. You do the math…the markup for “Knight Frank” brand appears to be rather high. They are all very reactive, I absolutely don’t get the sense that they are proactively championing our interests, but I do not see a better alternative at the moment. This issue has been on the agenda before and nothing constructive has been proposed or discussed.
Condo fees do go up as prices for services go up. In addition there is an opinion that our M&S fees have been very conservatively estimated to begin with – in order the make the complete sales package more attractive for buyers. M&S fees for a resort property with multiple pools, a large landscaping area and a large public space (in our case a complete building not generating any revenues) cannot be compared to an average residential condo in Phuket.
On the PEA issue couldn’t we ask Nattha to contact PEA and find out exactly who paid that deposit and when?