The reduction in intermediary fees for second-hand house transactions is not related to market rescue efforts.

by baile00444 on 2011-08-29 16:23:25

Reducing charges has nothing to do with market rescuing

According to the data shown on Beijing Real Estate Transaction Management Network, under the control of the purchase restriction policy, the transaction volume of residential properties in Beijing has remained at around 8000 units for several months. Compared with the average level of 20,000-30,000 units last year, it has dropped by more than 60%. The Beijing real estate market continues to be sluggish. Under the situation of a sluggish real estate market, does the government's introduction of policies requiring a reduction in the intermediary fees for buying and selling residential properties mean rescuing the market? Chen Zhi, deputy secretary-general of the Beijing Real Estate Association, said that this policy has basically nothing to do with rescuing the market, because the intermediary fees for buying and selling houses are only a very small part. Currently, the price of housing in Beijing is often in the millions, and a 0.5% intermediary fee has little impact on the transaction volume. In addition, under the current sluggish real estate market situation, in fact, all intermediary fees have discounts, and generally only 2% is charged.

Purchase taxes are still too high

An unnamed insider in the industry said that this policy may not necessarily play a role in reducing transaction costs and increasing the circulation of housing sources. To increase the circulation of housing sources, it is more necessary to reduce transaction taxes and increase holding taxes. This person said that the transaction tax of housing sources within five years is close to 10% of the full house price, and the transaction cost is too high. Compared with taxes, intermediary fees are just a small part. In addition, as long as housing sources are scarce, home buyers need the help of real estate agents, and intermediaries can charge fees through other channels. For example, intermediaries can separately establish appraisal companies, outsource loan-related businesses, etc.

Market prosperity when charging more than 3%

Ms. An consulted multiple intermediary companies when she bought a house last year, and the intermediary fees were all 3% of the total price; some companies could offer appropriate discounts, and after the discount, it was about 2.5% of the total house price. Ms. An said that if you find an acquaintance, the discount will be a bit larger, and the intermediary fee will be around 2% of the total house price, but it is in the minority.

Residential property trading brokerage service charge standard (progressive)

The charge standards for three services: handling real estate registration, handling loans, and handling house check-in are 500 yuan per case, 300 yuan per case, and 200 yuan per case respectively.

Note: 1. The brokerage service charge for residential property trading in the city (including exclusive agency) shall be implemented according to this standard.

2. This charge standard does not include the taxes and fees stipulated by the government that should be paid by the entruster.

3. The charge standard can be reduced. For a few particularly complex residential property trading brokerage services, after the agreement of all parties involved in the transaction, the charge standard can be appropriately increased on the basis of the specified charge standard, and the maximum increase shall not exceed 10%.