{"id":54981,"date":"2017-05-16T17:48:11","date_gmt":"2017-05-16T10:48:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-largest-property-agents-cut-commission-fees-amid-downturn\/"},"modified":"2017-05-16T17:58:55","modified_gmt":"2017-05-16T10:58:55","slug":"chinas-largest-property-agents-cut-commission-fees-amid-downturn","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-largest-property-agents-cut-commission-fees-amid-downturn\/","title":{"rendered":"China\u2019s largest property agents cut commission fees amid downturn"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s largest property agents have quietly lowered their commission fees amid the worst property downturn since 2010 following unprecedented market cooling measures by government authorities.<br \/>\nIn Beijing Homelink, China\u2019s 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&#8230;.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/property\/hong-kong-china\/article\/2094544\/chinas-largest-property-agents-cut-commission-fees-amid\" target=\"_blank\">China\u2019s largest property agents cut commission fees amid downturn<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s largest property agents have quietly lowered their commission fees amid the worst property downturn&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-54981","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-eiN","jetpack-related-posts":[{"id":102716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-lands-first-sale-of-year-gets-off-to-slow-start-as-hong-kong-developer-feels-backlash-after-slashing-agents-fees\/","url_meta":{"origin":54981,"position":0},"title":"Sino Land\u2019s first sale of year gets off to slow start as Hong Kong developer feels backlash after slashing agents\u2019 fees","date":"January 5, 2019","format":false,"excerpt":"\r Hong Kong developer Sino Land\u2019s first property sale of 2019 got off to a lacklustre start, after a dispute with sales agents over commission sapped their motivation amid a market downturn. The developer had sold just 39 of 118 of its Grand Central flats on offer, priced between HK$9\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96401,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-largest-developer-country-garden-posts-80-per-cent-increase-in-first-half-core-net-profit\/","url_meta":{"origin":54981,"position":1},"title":"China\u2019s largest developer Country Garden posts 80 per cent increase in first-half core net profit","date":"August 21, 2018","format":false,"excerpt":"\r Country Garden Holdings, China\u2019s largest developer by sales, on Tuesday reported an 80.2 per cent increase in core net profit in the first half of the year, despite a slowdown in sales growth amid government cooling measures on the property market. Core net profit, which excludes valuation gains and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153163,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-long-nagging-property-market-downturn-nears-stabilisation-analysts\/","url_meta":{"origin":54981,"position":2},"title":"China\u2019s long, nagging property market downturn nears stabilisation: analysts","date":"May 12, 2025","format":false,"excerpt":"\r S&P says primary home prices this year are set to drop 1 per cent nationwide, coupled with a 2 per cent fall in primary sales volume.\r \r Source : South China Morning Post\r Read more...China\u2019s long, nagging property market downturn nears stabilisation: analysts","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84119,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-no-better-time-to-be-a-real-estate-agent-as-fees-soar-amid-hong-kongs-record-prices\/","url_meta":{"origin":54981,"position":3},"title":"There\u2019s no better time to be a real estate agent as fees soar amid Hong Kong\u2019s record prices","date":"March 29, 2018","format":false,"excerpt":"\r Hong Kong\u2019s two largest property agents, Centaline and Midland, enjoyed sharp increases in commission revenue generated in the city last year, as sales of new homes and prices surged to record highs. But market commentators are warning the sector\u2019s outlook remains clouded by uncertainty over rising interest rates, and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-steps-up-regulation-of-real-estate-agents-as-lived-in-homes-market-shows-signs-of-recovery\/","url_meta":{"origin":54981,"position":4},"title":"China steps up regulation of real estate agents as lived-in homes market shows signs of recovery","date":"May 12, 2023","format":false,"excerpt":"\r China\u2019s housing authorities and market regulators said in a notice that real estate agents should lower their commission fees \u201creasonably\u201d based on the principle of \u201cthe higher the transaction amount, the lower the commission rate\u201d and guide both sellers and buyers to share the fees.\r \r Source : South\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":168915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-developers-diminish-further-amid-unending-property-downturn\/","url_meta":{"origin":54981,"position":5},"title":"China\u2019s developers diminish further amid unending property downturn","date":"January 6, 2026","format":false,"excerpt":"\r China\u2019s top real estate developers continue to shrink, according to industry data. The number of mainland property developers achieving annual contracted sales of at least 100 billion yuan (US$14 billion) dropped to just 10 in 2025 from a peak of 43 in 2020, research firm China Real Estate Information\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54981"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=54981"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54981\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=54981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=54981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=54981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}