It's been a few weeks since the property management contract was signed. In theory, it took effect on November 1, 2025. There are, however, complications.
In particular, making payments is turning out to be an enormous pain directly in the ass. Previously mentioned, vacation property management is a new line of business for the real estate company I'm working with. The current difficulty is trying to get them paid.
We've settled on WISE as the transfer vehicle. For a small, WISE will let me transfer money from my WISE account directly to the Real Estate Company's bank account in Japanes Yen. I've used this before to buy and import kei cars, and even to buy a house in Daito City. WISE works awesome...when it works.
So far, I've had some issues getting the payment to go through. There's a disconnect between what WISE needs (Account Holder Name) and the information that I've received from the real estate company. Working through this issue has been a bit tedious.
- There's timezone wonkiness. 12:00 PM here is 5:50 AM (+1 Day) in Osaka.
- The real estate company is closed for a couple of days this week. Any email I've sent asking for clarification isn't being answered until they return to the office.
- The questions that I've asked will require some research on their side as well as mine, further adding to the delay cycle time.
In the meantime, I've been breaking down the information I have using some translation tools (and my own meager skills in Japanese) to try a couple of different recipient name combinations, in the hope that one of them will work without being rejected.
Again, I have to remind myself that this isn't a race, I need to be patient.