Real Estate Broker Association - Eastern Seaboard REBA-ES
Real Estate Broker Association Pattaya, Thailand
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Real Estate Broker Association Eastern Seaboard (REBA-ES)

It’s about time! That’s what many were saying back in May of 2006 about the formation of the Thailand Real Estate Brokers Association Eastern Seaboard.

Just a few months prior, Heiner Moessing (Siam Properties), Paul Davies (KCR Homefinders) and Clayton Wade (Premier Homes) were attending a meeting together and had the opportunity to discuss their mutual interests to work together towards a more professional real estate industry for the Eastern Seaboard.

It was about six months later that Clayton Wade approached Khun Paisan Bundityanond (Rabbit Resort) and asked if he would assist the Eastern Seaboard’s agencies in forming a local real estate group for the betterment of the profession.

Khun Paisan Bundityanond, currently REBA Eastern Seaboard’s Honorary Chairperson (and mentor) has had extensive real estate experience in the United States and was the original founder of the Thailand Real Estate Brokers Association in Bangkok.

As it was obvious to all from the beginning, joining Thailand’s Real Estate Brokers Association was what they all believed was best for the real estate professionals throughout the area. They next decided to contact some of the more established agencies to join one another for a brainstorming session to see what might be of mutual interest to the areas real estate professionals.

REBA Eastern Seaboard’s first meeting was attended by ten (10) of the top local real estate companies and to everyone’s great surprise…..all were more than eager to do their part in supporting each other as a local real estate service organization. All were excited about the possibility of actually working together to make their Eastern Seaboard real estate industry more safe and professional and eight (8) of those original companies went on to form, as Charter Members’ the Real Estate Broker Association Eastern Seaboard.

Please note the founding members of REBA Eastern Seaboard:


The Real Estate Brokers Association Eastern Seaboard’s first order of business was to have the Real Estate Brokers Association Code of Ethics and Rules & Regulations translated into English and then analyze them through the sub-committee they formed....with the final result being that they unanimously agreed that the Code of Ethics and Rules & Regulations were very good, very positive and that the Eastern Seaboard group would like to abide by them in support of 'Good Real Estate' practices within our regions real estate industry.

It was next decided that in order to facilitate proper and organized real estate practices, the Real Estate Brokers Association Eastern Seaboard would need to elevate real estate agents and brokers with proper education and testing, which the group began pursuing through their 'Education and Qualifications Sub-Committee'. The group’s goal was to begin to elevate and identify....reputable real estate agencies and persons through scheduled seminars, training courses and examinations.

The next step in the process of organizing was to allow the Real Estate Brokers Association Eastern Seaboard the ability to avoid disputes and unacceptable real estate practices through the establishing of a dispute resolution process that is efficient and effective. The group next organized a ‘Professional Standards Sub-Committee' with it’s own Dispute Resolution Board, which would allow local members to successfully circumvent most all disputes and to resolve the ones that do enter our business community.

Having accomplished an incredible amount of work already, the group decided that it was time to approach Thailand’s Real Estate Brokers Association to discuss the Eastern Seaboard group’s interests to support REBA Thailand’s goals and policies.

Khun Paisan Bundityanond then contacted the Real Estate Brokers Association President (Dr. Somsak) and organized a meeting in which REBA invited three local area Thai real estate professionals and three local area foreign real estate professionals to attend this meeting.

The results of this meeting were beyond the local groups expectations. On behalf of REBA, Dr. Somsak and his board offered the Eastern Seaboard group all that they had hoped for. When the meeting was over, the Eastern Seaboard contingent had been offered the following Real Estate Brokers Association duties for the Eastern Seaboard of Thailand:

1. The initial screening of Eastern Seaboard applicants for REBA membership approval.

2. The monitoring and controlling of REBA’s members in the Eastern Seaboard area.

3. The conciliation of conflicts that arise between REBA’s members in the Eastern Seaboard area.

4. To receive complaints from customers, staff, developers and agents.

5. To investigate and examine any members abuse of REBA’s rules and regulations or Code of Ethics and to report these abuses directly to REBA’s board of directors for further examination and action.

All they had hoped for! The Eastern Seaboard Real Estate Brokers Association group was now on their way to establishing the very first real estate organization on the Eastern Seaboard….and just in time to handle a real estate industry that had grown over ten fold……in less than three years!

One of the first orders of business was to elect the Eastern Seaboard Real Estate Brokers Association board of directors. Please note the following:

Honorary Chair Person:
Khun Paisan Bundityanond
President:
Khun Supap Wade (Premier Homes)
Senior Vice President:
Mr. John Seymour (Northern Thai Realty)
Vice President:
Khun Laddawan “Som’ Laolookin (ACI Enterprise Co., Ltd.)
Secretary:
Khun Mesiya ‘May’ Watson (Location Location Location)
Treasurer:
Khun Sumalai 'Sue' Puangket (Location Location Location)
Registrar:
Khun Weeraya ‘Noi’ Zusat – (One Stop Real Estate)
Receptionist:
Khun Chanita ‘Pla’ Thannikorn (Pattaya Realty)
Public Relations Committee:
Mr. Clayton Wade (Premier Homes)
Professional Standards Committee:
Mr. Mark Welch (One Stop Real Estate)

That was Wednesday May 10, 2006 when the REBA Eastern Seaboard group had their very first meeting. Three REBA ES sub-committees were been formed and countless hours of work have brought forth a very cohesive and mutually supportive group of real estate professionals with Real Estate Brokers Association examinations, training and seminars having already begun in our area.

Yes, the local group of real estate agents took the basic real estate training course covering land, structure and condominium title transfer issues and the rules and regulations of proper real estate brokering in early November 2006 and another seventeen (17) local real estate agents took the real estate brokers examination the last week of November 2006 to become Associate Members of REBA from our Eastern Seaboard area.

The REBA Eastern Seaboard group now has all of the necessary documentation to formally invite new real estate agency members into its fold and additional Real Estate Brokers Association examinations and training have already been scheduled for our area in the very near future.

Within less than six months, the Real Estate Brokers Association Eastern Seaboard has three active sub-committees........ten agency members and their approximately 30+ agents and the REBA ES members are predicting that once they open the doors to new members their group will definitely begin growing in size as they now feel strongly that they do have the proper foundation to introduce and share the benefits of the Real Estate Brokers Association to the Eastern Seaboard real estate community.

Having trained and dedicated real estate professionals is sure to be of great benefit to the many property owners, buyers and renters throughout the greater Eastern Seaboard area.

REBA ES has several ‘types’ of membership, namely Ordinary ‘Juristic’ Members (Agency/Brokerage), Associate Members (Agents/Brokers) and Extraordinary Members (Individual or juristic persons engaging in a business concerning real estate as a vendor and/or supplier of real estate services and/or materials).

Real Estate Broker Association of Thailand

The Real Estate Broker Association was originally formed as a result of twenty (20) real estate companies and brokers coming together under the name of the Real Estate Agency Club of Thailand. The club’s was formed on November 3, 1992 by Khun Paisan Bundityanond, Managing Director of the Real Estate Pros Co., Ltd..

Khun Paisan Bundityanond ran the original organization with a board of seven (7) members and on December 22, 1993 the Real Estate Agency Club of Thailand changed their name and registered themselves officially as the Real Estate Broker Association of Thailand with Khun Paisan Bundityanond as the founder and Charter President. He was the President up until 1997.

Following Khun Paisan Bundityanond’s pioneering lead was the following Real Estate Broker Association of Thailand presidents:

1998 to 2001 Khun Thirapan Nateekanchanalab, Managing Director of U.K. Consulting Co., Ltd.

From 2002 to 2003 Khun Pairoj Sukjan, Managing Director of Bowathong Property Co., Ltd.

From 2004 to 2007 Dr. Somsak Muneepeerakul, Managing Director of Forbest Properties Co.,Ltd.


Khun Paisan Bundityanond
BA., M.S., CCIM

Founder and Charter President REBA Thailand
Founder and Honorary Chairman REBA Eastern Seaboard

Designation and Certification

- Certified Commercial Investment Members (CCIM # 2602) Realtors Marketing Institute, U.S.A.

- Higher Education in Psychology in Management Psychology in Management Institute


Past Experience

- Marketing and Sales Consultant in Residential and Commercial Real Estate Development in U.S.A and Thailand for over 25 years

- Real Estate Market Study and Research Consultant

- Founding President, Real Estate Broker Association-Thailand

- Committee Member on Banking and Finance Committee, House of Parliament

- Guest Lecturer, Graduate Programs of Chulalongkorn and Thammasart Universities


Current Positions

- Managing Director, Cat Properties Co., Ltd. (Formerly Real Estate Pros)

- Managing Director, Rabbit Resort, a Boutique Resort in Pattaya, Voted # 1 in Pattaya, Thailand and Asia By Trip Advisors

- Executive Director, Siam Heritage, a Boutique Hotel in Bangkok

- Economic and Social Commentator, Talk Show Host For FM 106.60 MHz, Pattaya


Contact Address

Cat Properties 111/80-81 Moo 10 South Pattaya Road, Nongprue, Banglamoong, Chonburi 20150, Thailand
Tel. Office : 038-723-030 to 38 Mobile: 089-811-8463
E-mail : paisan_rabbit@yahoo.com


Dr. Somsak Muneepeerakul
President of Real Estate Broker Association of Thailand
Dr. Somsak Muneepeerakul has been voted the President of Real Estate Broker Association of Thailand for the second term (2-year term) since 2005. His main responsibilities are to retain integrity for the brokerage firms and agents throughout Thailand. In addition, he represents the Real Estate Broker Association of Thailand for government-related issues in order to improve the standards of Thai real estate brokers.

Dr. Somsak Muneepeerakul is also president of Forbest Properties Co.,Ltd., which was founded in 1990 by he and his wife Mallika Muneepeerakul. Their company was formed at a time when there were very few brokerage firms of this kind in Thailand. Starting out with just a few employees, presently they have more than 30 staff members.

REBA (Real Estate Broker Association of Thailand) has joined hands with NAR (National Associations of Realtors) from the USA to help each other in terms of sharing the knowledge, strategy and local practices that should assist the international transactions that are becoming common in today’s real estate business.

Contact Information

Forbest Properties Co.,Ltd. 387/1 Soi Suanplu South Sathorn Road, 10120 Sathorn, Bangkok

Telephone Office: (66) 2 287-4568
Fax Office: (66) 2 287-3854
E-mail: forbest@fbprop.com


Khun Supap Wade
Charter President
Real Estate Broker Association Eastern Seaboard

Khun Supap Wade is Managing Director of the Premier Homes Real Estate Co., Ltd. and is the current charter president of the Real Estate Broker Association of the Eastern Seaboard. She has been in the real estate and relocation industry for over 12 years and is a graduate of the Real Estate Training School of Thailand and has been examined and licensed by the Thailand Real Estate Broker Association. Supap Wade is also a Certified International Property Specialist (CIPS) and member of the National Association of REALTORS (NAR). Supap Wade has accomplished herself professionally in real estate, marketing and property management.

Having done business very successfully here on the Eastern Seaboard of Thailand for many years, Supap Wade has been featured on the covers of many of the areas leading magazines and she has had numerous articles and editorials written about her, her company and her professional career.

Supap Wade may be contacted by telephone at +(66) (0) 38 231-931 or by email at: supap@premierinternational.com


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