{"id":84119,"date":"2018-03-29T06:17:00","date_gmt":"2018-03-28T23:17:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-no-better-time-to-be-a-real-estate-agent-as-fees-soar-amid-hong-kongs-record-prices\/"},"modified":"2018-03-29T07:03:10","modified_gmt":"2018-03-29T00:03:10","slug":"theres-no-better-time-to-be-a-real-estate-agent-as-fees-soar-amid-hong-kongs-record-prices","status":"publish","type":"post","link":"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\/","title":{"rendered":"There\u2019s no better time to be a real estate agent as fees soar amid Hong Kong\u2019s record prices"},"content":{"rendered":"<p>&#013;<br \/>\nHong 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.<br \/>\nBut market commentators are warning the sector\u2019s outlook remains clouded by uncertainty over rising interest rates, and that the volatile equity market could also dent buying desire.<br \/>\nPrivately run Centaline Group, which operates more than 3,000 branches in total, including in 37 cities&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2139348\/theres-no-better-time-be-real-estate-agent-fees-soar-amid-hong-kongs-record\" target=\"_blank\">There\u2019s no better time to be a real estate agent as fees soar amid Hong Kong\u2019s record prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong\u2019s two largest property agents, Centaline and Midland, enjoyed sharp increases in commission revenue&#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-84119","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-lSL","jetpack-related-posts":[{"id":102658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-leading-property-broker-centaline-cries-foul-as-sino-land-sets-below-market-commission-rate\/","url_meta":{"origin":84119,"position":0},"title":"Hong Kong\u2019s leading property broker Centaline cries foul as Sino Land sets below market commission rate","date":"January 3, 2019","format":false,"excerpt":"\r The ties between Hong Kong\u2019s property developers and sales agents are fraying, as declining prices in a cooling market crimps profit margins, causing the two former partners to turn against each other. On December 29, Sino Land said it would pay just 1.7 per cent in commission fees for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-new-flat-sales-set-to-hit-record-this-year-in-sign-of-strong-demand-even-as-prices-soar\/","url_meta":{"origin":84119,"position":1},"title":"Hong Kong new flat sales set to hit record this year in sign of strong demand, even as prices soar","date":"October 17, 2017","format":false,"excerpt":"\r The number of new flats sold in Hong Kong this year is set to be a record, with the two biggest developers also likely to break their combined full-year sales record, in a further sign that demand for residential property in the city remains strong despite soaring prices. Centaline\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-agencies-centaline-midland-see-commercial-property-agents-depart-as-deals-plunge-amid-protests\/","url_meta":{"origin":84119,"position":2},"title":"Hong Kong agencies Centaline, Midland see commercial property agents depart as deals plunge amid protests","date":"November 6, 2019","format":false,"excerpt":"\r Two of Hong Kong\u2019s largest property agencies have either cut headcount or seen staff members leave amid a slump in commercial property transactions.Centaline Commercial and Midland IC&I have both shrunk their ranks by about 40 people each, as the city\u2019s anti-government protests weigh on the sector. The total number\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121450,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-lived-in-home-prices-hit-new-high-as-economy-rebounds-from-social-unrest-coronavirus-according-to-centaline-property-index\/","url_meta":{"origin":84119,"position":3},"title":"Hong Kong\u2019s lived-in home prices hit new high as economy rebounds from social unrest, coronavirus, according to Centaline Property index","date":"August 14, 2021","format":false,"excerpt":"\r The first sign that Hong Kong home prices have reached new highs has emerged.The closely watched Centa-City Leading Index (CCL) has broken the previous record set two years ago as the economy recovers and coronavirus cases subside.The gauge of lived-in homes compiled by Centaline Property Agency stretched a three-week\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-two-biggest-property-agents-midland-and-centaline-to-reward-sales-reps-with-lai-see-to-drive-lunar-new-year-revenues\/","url_meta":{"origin":84119,"position":4},"title":"Hong Kong\u2019s two biggest property agents Midland and Centaline to reward sales reps with \u2018lai see\u2019 to drive Lunar New Year revenues","date":"February 12, 2021","format":false,"excerpt":"\r Hong Kong\u2019s two biggest real estate agents, Midland Realty and Centaline Property Agency, are ready to hand out \u201clai see\u201d money totalling about HK$900,000 (US$116,000) to their agents as an incentive to sell flats during the Lunar New Year holiday.Meanwhile, Henderson Land Development will give away lai see of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-infects-hong-kong-market-as-midland-centaline-property-agencies-seek-to-recover-sales-commissions\/","url_meta":{"origin":84119,"position":5},"title":"Evergrande: crisis infects Hong Kong market as Midland, Centaline property agencies seek to recover sales commissions","date":"October 5, 2021","format":false,"excerpt":"\r China Evergrande\u2019s debt crisis is starting to infect Hong Kong\u2019s property market as a local real estate agency group sued to recover overdue commissions from two housing projects in the city. Another group is also considering a similar action.Midland Realty International and Hong Kong Property Services (Agency) are claiming\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\/84119"}],"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=84119"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/84119\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=84119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=84119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=84119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}