Soon to be in Ibaraki

[Ryan]

Hi all,

I spent 4 years in Japan, moved back to Canada and became a Realtor for 13 years. Living costs in Canada ha e gotten crazy,  particularly with regards to real estate so I’m planning on moving back to Japan within a year. To Ibaraki. Japanese wife and the kids too.

I’m planning on renting out my couple of modest properties in Canada which should give us enough to easily cover life in Japan but I want to keep working and learning.  I’m trying to learn everything I can about real estate in Japan. I might find a way to invest there too or at very least I’m thinking I can find some local real estate pros who would want some English lessons from someone who knows the business and can help them connect with western clients. I don’t know. I’m just gathering info for now.

Kominka are something that I find interesting but also it seems like it’s something many westerners are attracted to so I think it’s something I should learn more about.

 

[Satoko]

Hello Ryan.
I’d like to know your story as a realtor in Canada.

Yes, there are many westerners who have interested in kominka.
Unfortunately, it’s very difficult to find an agent (agents like RE/MAX are not common here…usually they are employees working for the company’s profit) who knows about kominka, so it’s much more difficult to find one who can also speak English.
I think it’s great to learn about kominka, not only for business but also for pleasure!

[Satoko]

Hi Ryan.
I have tried to reply you on my intrduction with links that might help you.
But it didn’t work.
Then I tried to to find you on the Facebook group to send you message.
But there are lots of Ryans and I couldn’t recognise you.
So, only if you feel the need, you can find me on Facebook with my name Satoko Kasagi.

[Satoko]

Hi Ryan.
I have tried to reply to your comment on my intrduction.
But it didn’t work.
Every time I submited, it disappeared.
So I leave here some link that might help!

https://nrm.nikkei.co.jp/

https://www.nomu.com/english/report/

Buying Property in Japan as an Overseas Buyer: A Comprehensive Guide

Buying Property in Japan as an Overseas Buyer: A Guide to Remote Contract Signing and Closing

[Satoko]

I tryied to reply to your comment that you left on my introduction.
So, I reply here;

Hello Ryan.
Thanks for your commnet.

I’d recommend Nikkei and Nomukomu for the market data.
They make great reports.

https://nrm.nikkei.co.jp/
https://www.nomu.com/english/report/

For the process of buying a property,I’d like to recommend the blog, written by my friend Lily who is also a RE/MAX agent (in Osaka).
In her blog, she explains a simple but very good way for overseas people to buy a property in Japan.

Buying Property in Japan as an Overseas Buyer: A Comprehensive Guide

https://remax-l-style.com/buying-property-in-japan-as-an-overseas-buyer-a-

comprehensive-guide-a-guide-to-remote-contract-signing-and-closing/

For selling, I think the link below will help.

https://www.realestate-tokyo.com/sell/selling-guide-1/

Hope these information help you!

[Ryan]

Yeah there seems to be a glitch. Your replies did post actually. Thank you for taking the time. I appreciate it.

[Ryan]

Starting to read your suggestions and “Oh! This is gold!” Exactly what I’m looking for. Surprised it’s available in English.  I have had terrible luck with finding good info about Japan in English, it’s usually dumbed down or made for tourists. I end up doing my best with my mediocre Japanese.

[Satoko]

Hello Ryan.
I’m glad you liked them.

Sorry for the multiple comments I left.
There are more details on the process of a buying or selling a house and on local real estate market data in Japan, I think you will figure it out little by little.

[Ryan]

Thank you for your time. If I may ask another question, I would appreciate your insights.

 

In one of the links you sent it says

“The standard fee in Japan is 3% + ¥60,000 + 10% tax”

Is this for one Realtor or both the Buyer’s and Seller’s Realtors? (In my area the Seller pays for both Realtors and it’s talen from the proceeds of the sale. )

 

So, for a sale of a property at 25,000,000 en, that’s 1,560,000 en in commission paid by the Buyer at closing, right? (Not including tax.)

 

 

 

[Author]

Posts