Property News · May 16, 2017

China’s largest property agents cut commission fees amid downturn


China’s largest property agents have quietly lowered their commission fees amid the worst property downturn since 2010 following unprecedented market cooling measures by government authorities.
In Beijing Homelink, China’s largest property agent, is offering rates below its 2.7 per cent commission fee in many cases. 5i5j, the second-largest agent, lowered its official rate from 2.1- 2.2 per cent to 1.9 per cent, according to interviews with individual agents and buyers in the city….

Source : South China Morning Post
Read more…China’s largest property agents cut commission fees amid downturn

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