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Vietnam – Finding Property to Buy

Popular Estate Agencies

  • CBRE Vietnam: One of the largest international property consultants in Vietnam, CBRE offers a wide range of services including residential and commercial sales, leasing, and property management. They have offices in Ho Chi Minh City and Hanoi.
  • Savills Vietnam: Another international property consultancy with a presence in Vietnam, Savills offers services such as residential and commercial sales and leasing, as well as property management and valuation. They have offices in Ho Chi Minh City and Hanoi.
  • JLL Vietnam: A global real estate services firm with an office in Ho Chi Minh City, JLL offers services such as residential and commercial sales, leasing, and property management.
  • The Ascott Limited: A serviced residence provider with properties in Ho Chi Minh City, Hanoi, and other major cities in Vietnam.
  • Cushman & Wakefield Vietnam: An international property consultancy with an office in Ho Chi Minh City, offering services such as commercial sales and leasing, property management, and valuation.

Qualifications and Licenses

  • In Vietnam, estate agents are required to have a license issued by the Department of Construction to legally operate.
  • They also need to pass an exam given by the Department of Construction to prove their knowledge of the real estate market, laws, and regulations.
  • They are also required to have insurance and to be members of the Vietnam Real Estate Association (VNREA).

Estate Agent Fees

  • In Vietnam, estate agents typically charge a commission fee of 1-3% of the sale price of a property.
  • The commission is usually split between the agent representing the buyer and the agent representing the seller.
  • The commission fee is usually negotiable, and it is important to agree on the fee before signing any agreements with an estate agent.

Other Resources for Property for Sale in Vietnam

  • Websites such as Batdongsan.com.vn, Muabannhadat.vn, and Chotot.com are popular platforms in Vietnam for searching for properties.
  • Expat websites such as Internations.org, and EasyExpat.com also have classified ads for properties in Vietnam.
  • Local newspapers and magazines also have property listings.

Buyer’s Agent

  • The use of a buyer’s agent is not common in Vietnam, and there are no specific regulations or qualifications required for this role.
  • Some estate agents may also act as a buyer’s agent, and in this case, the commission fee may be higher than the standard rate.

Organisations for Foreign Property Buyers

  • The Vietnam Real Estate Association (VNREA) is a professional organization for real estate agents and developers in Vietnam. They can provide information and assistance to foreign buyers.
  • The Vietnam Chamber of Commerce and Industry (VCCI) can also provide information and support to foreign investors in Vietnam’s real estate market.

Note: As of 2021 my data is limited. and it’s possible that there might be changes in regulations, laws and fees. It is always recommended to conduct your own research, and consult with a qualified professional before making any decisions.


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