2014-08-11

Tianjin Realtors Collude, Raise Prices 50%, Anti-Monopoly Investigation Follows

The main takeaway: real estate agencies are feeling the pain of a housing slowdown.

天津房产中介集体涨价50% 遭反垄断调查
Enter August, Tianjin several real estate agency company raised intermediary service fees, caused widespread concern. In this regard, Tianjin price management department, said the agency has received masses of the monopoly price report, has been involved in the investigation.

June, the National Development and Reform Commission, the Ministry of Housing and Urban-Rural Development jointly issued "on the open real estate consulting fees and real estate brokerage fees decentralized management notice", Tianjin issued a "further regulate the real estate agency service fee," which clearly put open real estate advisory services and real estate brokerage services fees charged, the implementation of market-regulated prices, prices are no longer issued specific guidance. Consultation fees determined by the commission and the parties in accordance with fiduciary services, service costs, service quality and market supply and demand.

Tianjin, one month after notification implementation, including I love my family, Centaline Property, a large chain of family property, including real estate companies will hand housing transaction fee is adjusted 3% from 2% of the total housing fund, the rate of increase of 50 percent, Some exclusive commissioned limit sold second-hand housing is the agency fee rose to 3.5% of the total paid. In 3% of the agency fee operation clear their commitment to the proportion of buyers and sellers, which makes second-hand housing buyers and sellers are feeling the pressure.

Real estate agency chain focused raised intermediary service fees caused widespread concern in the community. Many people contemplate trading second-hand housing said it would slow down program, intended to "look again."

In light of this, the Tianjin Development and Reform Commission staff said, let the real estate agency service charges, is to achieve a fully competitive in this area, prompting a better return to the market price. Part of the collective housing agency intermediary service charges raised by the masses on price monopoly. Tianjin authorities immediately launched an antitrust investigation procedures, the unit is currently being alleged antitrust violations price behavior investigation. Next, Tianjin pricing department will further strengthen the city's real estate market price behavior of daily supervision, and earnestly safeguard the normal market price order.

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