The Market Has Changed: Buying & Selling isn't Done the Same Way as Before...

So after ten years, now days, when the foreign property owners walk back into their agents, or find an English speaking on-line agent, it is natural enough to expect ‘business as usual’. Problem is, those times in which they bought were anything but business as usual- they were an unusual times fuelled by easy lending banks in their home countries (remember Northern Rock?). Ten years ago, borrowing from their banks back home, they bought property in Turkey. 

Those very exceptional and unusual times are long passed. There is no longer a flood of foreign buyers, clicking on-line, or walking into agents whilst on holidays- its not so long ago that holiday visitors are even beginning to return back, after several years absence. So those buyers are not there, at those agents, in those sales channels. And this is why so many foreign sellers are exasperated at having to wait so long property un-sold, even after having slashed their prices to ‘more than reasonable’ levels.

To put it simply, selling this way is about effective as ' being in the wrong place at the wrong time  '. 

Meanwhile there is a whole other world, which the foreigners are completely unaware of- that’s’ the real estate business in Turkey, as it operates everywhere else in Turkey, outside of foreigners limited English language perceptions.

One big reason why foreigners are unaware of this other world, is because to access it, requires Turkish language skills. Typing search terms into a search engine in English wont open the door- using the Turkish language will.