Sino-Singapore Jingwei Client, March 20th (Wang Yongle) hype up "school district housing", business loans into the property market... the property market violations occur from time to time.

In recent days, real estate intermediary industry associations in Shanghai, Shenzhen, Hangzhou and other places have successively voiced that "real estate speculation" is strictly prohibited.

Real estate profile map.

Photo by Sino-Singapore Jingwei

Shanghai: Housing release information does not need to be promoted by "school district housing"

  According to the official WeChat message of the Shanghai Municipal Housing Security and Housing Administration “Fang Ke Yuan” on March 19, the Shanghai Real Estate Brokers Association initiated a self-discipline initiative to regulate listing and information release to all real estate brokerage agencies in Shanghai that afternoon. ".

It is recommended to focus on issues that are of great concern to the society and the common people, such as the irregular release of housing information in the real estate intermediary field, false publicity of "school district housing", and inflated listing prices.

  Lianjia, Pacific Ocean, Central Plains, I Love My Home, Qfang.com, 21st Century House, Xinyi Real Estate, Macalline Love Home, Zhiyuan Real Estate, Jiaxin Real Estate, 58 Anjuke, Soufang, Fangyou, Xingfuli, etc. Real estate brokerage agencies and platform companies responded to the initiative and signed a letter of commitment on the spot.

  This commitment mainly includes four aspects:

  First, in the online and offline housing release information, the "school district room" is not used for promotion and publicity; in business operations, the "school district room" is not used to mislead home buyers.

  The second is to standardize the language used in the introduction of educational resources, objectively introduce surrounding schools, and avoid terms such as "progress rate", "counterpart", and "unused quota" to mislead home buyers.

  The third is not to list or publish unverified listings, and not to list or publish listings with inflated prices.

  Fourth, in the information release, terms such as "hot ranking" and "investment potential" do not appear; in business activities, do not speculate, do not drive up housing prices, and do not disrupt the market.

Second-hand housing data map.

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Shenzhen: Intermediaries are strictly prohibited from participating in operating loans

  On March 19, the Shenzhen Real Estate Intermediary Association's website issued the "Solemn Reminder on Requirement of the City's Real Estate Intermediaries to Self-Inspect and Correct and Prohibit Participation in Operational Loans" (hereinafter referred to as "Reminder").

  The "Reminder" stated that in order to implement the positioning of "no real estate speculation" and continue to guard against the illegal flow of credit funds into the real estate sector, all real estate intermediaries and practitioners must attach great importance to them, take relevant laws and regulations and requirements as the bottom line, adhere to professional ethics, and consciously Resist violations of laws and regulations and remind consumers not to use operating loan funds to illegally flow into the real estate market.

And strictly abide by the relevant regulations, and it is strictly forbidden to provide convenience or information for consumers in any links such as setting up enterprises and operating loan consultation.

  The "Reminder" emphasizes that all real estate intermediaries must carry out self-inspection and self-correction work, strict internal corresponding business management, check whether there are any of the above phenomena, and promptly correct related violations of laws and regulations.

In the process of consumer complaints or market inspections, it is found that there is assistance to consumers to facilitate the illegal flow of business loan funds into the real estate market, that is, self-discipline punishment will be carried out in accordance with the "Shenzhen Real Estate Intermediary Industry Practice Code" and other regulations. The Municipal Real Estate Intermediary Industry Blacklist and the Implementation Measures for the List of Enterprise Risk Warning Personnel are included in the industry blacklist.

  Since the beginning of this year, the supervision of real estate transaction funds in many places has continued to heat up.

According to the Securities Daily, as of now, regulatory authorities in Beijing, Shanghai, Guangdong, Shenzhen, and Xi'an have all issued documents calling for serious investigations into the illegal inflow of business loans and consumer loans into the real estate sector.

Hangzhou: Individual high-priced transaction cases shall not be used to guide sellers to increase prices

  According to the WeChat account of the Hangzhou Real Estate Intermediary Industry Association on March 19, on March 12, the association issued the "Proposal on Regulating Real Estate Intermediary Service Behavior" (hereinafter referred to as the "Initiation") to the city's real estate intermediary industry, calling on all real estate agencies Institutions and practitioners, as well as various real estate publishing network platforms, regulate the behavior of real estate intermediary services in terms of housing publishing behavior, market information publishing behavior, and market operation behavior.

As of March 19, a total of 999 units have taken the lead in responding and signed the proposal, and more units are in the process of signing.

  In terms of listings release behavior, the "Initiatives" put forward seven requirements.

Including real estate intermediary agencies and practitioners shall not encourage sellers to sell properties at prices significantly higher than market prices, shall not guide sellers to increase prices based on individual high-priced transaction cases, shall not fabricate false high-priced transaction cases to create illusions such as rising housing prices; real estate intermediary agencies shall not accept and externalize Publish housing information whose listing price is significantly higher than the reasonable transaction price; each housing publishing network platform should do a good job in maintaining housing information, prohibit false propaganda, and remove false housing information in a timely manner, such as false prices, false areas, false pictures, False advertising, etc.

Screenshot of Hangzhou Real Estate Intermediary Industry Association WeChat ID

Beijing: Don’t encourage sellers to raise quotations at will

  The Beijing Real Estate Intermediary Industry Association issued a document on January 28, stating that Beijing's crackdown on malicious speculation and illegal funds entering the property market is the top priority for rectifying the order of the real estate market this year.

In response to the phenomenon that housing prices have risen in individual communities and have been maliciously speculated by some intermediaries or from the media as general expectations, the Municipal and District Housing and Urban-Rural Development Commission and the Municipal Real Estate Intermediary Industry Association have repeatedly interviewed the principals of Beijing’s main brokerage agencies and requested All brokerage agencies and practitioners strictly abide by relevant laws and regulations, strictly implement the regulation requirements of “no speculation in housing and housing”, must not exaggerate or speculate on housing transaction information, must not inspire and guide sellers to increase quotations at will, and must not publish on WeChat Moments or We-Media channels Articles that create panic when buying a house are not allowed to participate in any illegal real estate financial activities such as "business loans", "down payment loans" and "consumer loans".

(Zhongxin Jingwei APP)

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