We see the problem in the Bali real estate market – wide choice
The market is young and unregulated, so there are a lot of companies without experience and a portfolio of ready-made properties.
There are many foreign-owned companies on the market, which were established after the island reopened after the covid lockdown.
A potential buyer starts looking for a suitable property from his home country, sees many websites, but is unable to do due diligence in an efficient way.
The client does not have a trusted person in Indonesia, much less a lawyer or attorney. As a result, the client comes across a multitude of agents who are each trying to sell their own product.