Photographer sherlin
The number of houses to be sold is three times higher than in 2010
A three-fold increase over 2010 is now a six-month-old flat that is usually sold for $1 million over five years
“not only is it hard to sell a used house, but it is difficult to sell a second-hand house,” a real estate agent who has been in business for many years has told journalists that there are plenty to sell, a long sales cycle, and even new ones to the second-hand house market。
It is also against this background that, on 16 may, the council of the dalian association of real estate dealers adopted a circular on regulating the manner in which household fees and charges for real estate brokerage services are to be paid, according to which, as of 1 june this year, in the course of the stock exchange, the relevant fees are to be paid by the buyer and the seller. In accordance with national regulations, the association proposes that the costs of real estate intermediation services be borne by both buyers and sellers. “this is to reduce the transaction costs of buyers and to pull more buyers back to the second-hand house market.” the president of the dalian association of real estate dealers, yuan kuo-chung, introduced the journalist, and for the first time, dalian made an industry change in the traditional rules of dealing, which traditionally involve the buyer in the payment of transaction fees。
“as soon as the previously reasonably priced housing stock was put on hold, the fastest week could be concluded”, thinking of the good days experienced in previous years, ju, who had been in the housing-broker business for six years, often found the difference huge. He was well aware that the real estate market had erupted following a series of real estate stimulus policies introduced by the government between late 2008 and early 2009. “i recall that there was a 60-square-square-square-square-square house at the time, with a new age and a better renovation, and that it was worth 425,000, that it had just been hung up for less than a week, that a couple of young couples had already made an appointment to meet and talk at night, and that the owner had called me this afternoon to tell me that the house had been sold by another broker.” according to jou, the real estate market was really called the seller's market at that time, and the prices of the house had changed almost every week, and many buyers had looked at the house and bought it on board, fearing that the price would rise. “at that time, buying a house was like buying cabbage”, chu told the reporters that it was proof in the seller's market that the seller of the house was in no hurry to make a move, but that the buyer was in no hurry to sign the contract.” now the market is a completely different situation: “juuu told reporters that one of his clients had been hanging a house of over 130 square metres for six months and had not sold it,” he called me recently, saying that the house price was 30,000 dollars, and i was helping him find a buyer
The journalist learned that the treatment of the client was not an individual case. A number of intermediaries have indicated to journalists that it is now common for a house to be sold for six months and that some houses take even longer to sell。
Second-hand house markets become buyer markets
“it is true that the market is now more in demand than supply,” yuan guoqiang, president of the dalian city association of real estate dealers, stated to journalists that, in fact, dalian's second-hand house trade has been relatively stable for almost a year, at 2,000 units per month, but that there has been a marked increase in market supply, as well as “the market for our stock house trading has shifted from a hard-to-supplied seller's market to a demand-to-supply market in different geographical areas, the buyer's constant wait, the seller's eagerness to sell the house, and even the first-hand house”
The association’s vice-president and chairman of the board of directors of hwangkang houses, gao jun, revealed to journalists that, in the past, our city had had an average sales cycle of more than two months, but that since the current year, the average sales cycle of second-hand houses that had been closed had reached almost seven months. “in addition, the number of available houses in the market has now increased three times since 2010. However, journalists have learned from a large real estate broker that the middleman's second-hand room has been sold to over 8,000 units per year, but at present it has already sold 60,000 units。
Moreover, as markets continue to be depressed, new pallets of goods that used to live with the second house market have now been taken to the second house market. A building in the high new park with an upfront sales price of approximately $14,000 per square metre, but it is now heavily looking for buyers through second-hand house brokers and adjusting the price to around $13,000 per square metre。
Second-hand-room market, first-time change
In an interview with a journalist for the new merchant newspaper, yuan kuo-chung stated that for many years the market for used houses in our city had been in the seller's market, and the corresponding rules for trading taxes and fees had tended to favour sellers, that is to say, all the costs that the seller and buyer would have to pay in the second-hand dealing are in fact borne by the buyer. “for example, some of the turnover taxes, personal income taxes, etc. That should have been borne by the seller, are now being delivered by the buyer.” according to yuan guoyu, in real estate markets, it is common for the buyer to pay taxes on behalf of the seller and, after that payment, to return various invoices to the seller, and many disputes have arisen. “at the very beginning of the formation of dalian's second-hand house-brokering market, many intermediaries have resorted to cash-receiving practices.”
“we have calculated, in general, that a single property right has been sold at a value of $1 million for a period of five years, and that the buyer's contribution to the seller is approximately $80,000.” yuan kuo-chun stated to the press that it was impossible for the buyer to pay more when the market was good, but that the market is now very emotional and the buyer is no longer willing to continue this situation.” therefore, it is now the best time to adjust the old `unequal trading rules' while reducing the buyer's burden in due course would be the best way to raise the morale of the used house market and to further regulate the market. “yin kuo-chung revealed to journalists that on 16 may, the dalian council of the association of realtor associations had officially adopted the circular on regulating the payment of domestic tax fees for stock passage and the fee for real estate intermediaries. The circular stipulates that, in the course of the stock exchange, the relevant fees and charges of the buyer and the buyer are borne by each of the parties in accordance with the state regulations; that the payment for the services of the real estate broker is proposed to be borne jointly by the seller and the seller; that the price of the house, when submitted by the seller, should include the taxes and charges to be paid by the seller or indicate that the tax on the house transaction is carried out in accordance with the state regulations; and that the agents of the real estate broker are required to inform the seller and the seller of the relevant state policy and may not induce the buyer to pay the fees and charges on behalf of the seller. In his presentation, yuan kuo-chung said that the notice would become effective on 1 june 2014。
Reporter sun xia
