china moves to regulate real estate agencies
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China moves to regulate real estate agencies

Arab Today, arab today

Arab Today, arab today China moves to regulate real estate agencies

residential buildings in Huzhou City, east China's Zhejiang Province
Beijing - XINHUA

Chinese authorities are formulating measures to strengthen regulations on real estate agencies, which have become a major source of customer complaints due to misleading information.

The Ministry of Housing and Urban-rural Development is working with related departments on policies to regulate housing listings of agencies and strengthen management of brokers, vice minister Lu Kehua said at a press briefing on Friday.

The ministry also promised to improve credit information systems in the sector and step up supervision over real estate agency practices.

Fabricating housing listings and irregular fee charges are among the usual complaints filed by clients.

According to research from 2014, 43.8 percent of 30,000 people surveyed in Beijing said they had encountered "bad behavior" from real estate agents when renting apartments.

In an inspection last month, Shanghai regulators decided to issue fines of between 130,000 yuan (20,000 U.S. dollars) and 200,000 yuan to six real estate agents, including industry leaders Lianjia.com and 5i5j.com for false advertising.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china moves to regulate real estate agencies china moves to regulate real estate agencies

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china moves to regulate real estate agencies china moves to regulate real estate agencies

 



GMT 02:17 2017 Wednesday ,23 August

Doctors serving at MER-C hospital in Rakhine to study

GMT 18:35 2017 Saturday ,25 March

UAE joins world in marking Earth Hour on 25th March

GMT 12:17 2017 Thursday ,09 November

Sudanese-Mauritanian Higher Committee's Meetings start

GMT 09:41 2017 Thursday ,06 April

Shares in First Abu Dhabi Bank surge

GMT 07:53 2017 Monday ,15 May

Mercedes-Benz Oman unveils new school bus

GMT 05:02 2018 Tuesday ,02 October

Macedonia’s name change referendum declared void

GMT 16:36 2017 Wednesday ,27 December

Muscat bourse gains on recovery in oil prices

GMT 21:24 2017 Tuesday ,14 February

Germany wants Greece to stay in euro zone

GMT 03:54 2017 Saturday ,09 December

7 people dead in Russian house fire

GMT 14:50 2017 Sunday ,19 November

Premier stresses Bahrain-US strategic partnership
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday