FazWaz
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| FazWaz | |
| Company type | Private |
| Industry | |
| Founded | April 24, 2015 in Phuket Province, Thailand |
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| Headquarters | , |
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| Website | fazwazgroup |
FazWaz, also known as FazWaz Group, is a property technology company and real estate marketplace based in Thailand serving greater Southeast Asia,[1] with agency offices operating in all six major regions of Thailand: Phuket Province, Bangkok, Ko Samui, Pattaya, Chiang Mai and Hua Hin District.[2]
The website was first launched in 2015 as a data-driven property platform attempting to solve buyers' issues with market transparency and real home values.[3] At this time, FazWaz served just the Phuket condominium market and differentiated from other property sites by its focus on "accurate and up-to-date data".[4][5]
Over the first few years of operation, FazWaz continued to gather data on additional regions in Thailand, eventually claiming to offer up-to-date data on all homes for sale and rent in Thailand, with current offerings listed as 40,447 total units.[6] In addition to these data-driven expansions, FazWaz Group partnered with companies like ThaiVisa, offering a search portal on the ThaiVisa website.[7] A network of partnerships with local developers and agencies as well as more-established property companies allowed FazWaz to develop marketing and growth strategies such as native site translations in six languages, soft-launches of sister FazWaz sites with offerings in six additional countries in Southeast Asia plus United Arab Emirates, and new-brand sites like BaanThai focusing on capturing other aspects of the Thailand real estate market.[8][9]
In 2019, FazWaz officially announced its overseas expansion efforts focusing primarily on improving market transparency on homes in Dubai and Vietnam.[10] A Phuket Property Watch article claims the site saw a 20% rise in organic traffic rankings between the months of December 2018 and January 2019.[11] Recently the group announced that it had secured pre-Series A funding from undisclosed investors based in Singapore.[12][13]
