We Foreigners Still Think the Market Works the Way it Did Ten Years Ago......

In the past, more than ten years ago, many foreigners visiting Turkey on holiday, decided on impulse to buy a property, and walked into a local estate agent. And as the interest increased, some purchased as a result of visiting overseas property exhibitions. Many used the internet and found the websites of English speaking agents, and did a little research, searching for property, looking at the pictures, reading the write-ups, and comparing prices, etc. 

So today, when it comes time to sell, they naturally do the familiar thing, and walk back into a local estate agent, or look on the internet for English language on-line agencies: these are agencies that cater primarily for foreigners.

So coming and going, the foreigners have these experiences and understandings of how real estate business is done in Turkey.  

Which is a peculiar thing, because in reality, that is not how real estate business is done in Turkey. 

That’s the way that small part of the sector that deals with foreigners operates. Very few foreigners are even aware of this. Perhaps because in the little coastal towns they have bought in, many or most of the houses are built for and owned by foreigners. 

So perhaps foreigners think all real estate business in Turkey is done the way it is done for foreigners.