Kaihui commission increased to 2%

Kaihui commission increased to 2%

Xinjia (00083) Kwun Tong Kaihui commission event, market news said that the developer decided yesterday to increase the commission to 2%, equivalent to the commission level of second-hand transactions, and the Central Plains real estate that recently sent a letter of protest also withdrew And said to maintain good relations with developers.

Zhongyuan: Maintaining good relations with developers

The commission of the estate agent of the new Kaihui was as low as 1.7%, and was protested by the real estate agent. According to market news, the developer decided that if the agents successfully sold 40 more Kaihui units, they would increase the entire new commission from 1.7% to 2%, and the unit price would be 10 million yuan, which is equivalent to the commission of 17 Ten thousand to 200,000 yuan. Calculated at a commission of 2%, it is roughly equivalent to the agent’s commission income for a second-hand transaction.

The Central Plains Group said that the bank went to the letter yesterday to inform the developer of the inconvenience caused by the open correspondence between the two parties yesterday. It also emphasized the harmony and good communication with the developers. The protest letter was withdrawn yesterday. On the other hand, Century 21 Group pointed out that the 1.7% commission of Kaihui is lower than the second-hand transaction fee, which is unreasonable. The commission rate is announced after the sale of the property, and it is also unfair.

The Estate Agents Authority has responded to the incident and noted the report. However, the Estate Agents Ordinance and its subsidiary legislation do not specify any amount of commission or the amount of turnover received by the estate agent. The amount of the commission or The ratio of the turnover is determined by the client and the agent. It is a commercial decision of both parties and the Authority will not interfere or comment.