Since the "recognition of housing does not recognize loans", the stock mortgage interest rate cut, the "three no people" first suite does not need to pay real estate tax, real estate transaction leading enterprises chain home took the lead in adjusting the intermediary fee, Beijing Chain home will be the second-hand housing transaction service fee from the previous 2.7% down to 2%, and the use of bilateral charges, the buyer and seller bear 1% each.
It is reported that this is a change made by Beijing Chain home in combination with the current market situation. The industry believes that reducing agency fees and updating the fee model will help increase the activity of the second-hand housing market and promote demand to enter the market.
intermediation rate cut by 70 basis points
Recently, the real estate market can be said to be good news. "China Times" reporter learned that Beijing Chain home combined with the current market supply and demand relationship, the new second-hand housing transaction service fee charging methods and standards to adjust, and in an orderly manner recently.
Specifically, the charge standard of the real estate brokerage service fee of Beijing Chain Home will be reduced from the current 2.7% of the total price of housing transactions to 2%. In addition, the fee model of Beijing Chain Home will also change from unilateral commission to bilateral commission, that is, from the current implementation of the brokerage service costs borne by one party to the brokerage service costs shared by both sides of the transaction, the buyer and seller each bear 1%.
In May this year, the Ministry of Housing and other relevant departments issued a document saying that real estate brokerage agencies should reasonably reduce the cost of housing sales and rental brokerage services, and guide the transaction parties to jointly bear the brokerage service costs.
Industry insiders believe that the new charging model of Beijing Chain home or will drive the change of second-hand housing agent fees in Beijing at the market level, and the vast majority of buyers in the current market have varying degrees of benefits, which can effectively reduce the cost of home buyers, but also help to improve market liquidity and improve the efficiency of real estate transactions.
Yan Yuejin, research director of E-House Research Institute, told China Times that second-hand housing brokerage services are a strong regional market. For a long time, there are great differences in the collection mode and standards of intermediary fees in various cities, which stems from the supply and demand relationship of the second-hand housing market in various cities, the development level of brokerage services, historical habits and so on.
"Other companies and cities are also expected to follow the principle of one city, one policy and make adjustments according to their own judgment of the market situation." Yan Yuejin told China Times reporter.
Tax reduction and fee reduction is the general trend of the industry
Based on the background of the real estate market has not picked up, market players have chosen to sell "protection", and will improve the transaction activity as the preferred purpose, and the method that can effectively attract buyers to enter the market in addition to loosening the policy, but also need to reduce the cost of buyers.
Recently, Chongqing issued a document to modify the object of property tax collection, the object of collection from the previous "in the city at the same time no household registration, no enterprise, no work individuals newly purchased the first and above ordinary housing" to "in the city at the same time no household registration, no enterprise, no work individuals newly purchased the second set (including) and above ordinary housing".
Yan Yuejin told the China Times reporter: "Such policies also show that for the real estate market, there is no possibility of tightening taxes and fees in the near future, and it is a critical period of tax reduction and exemption." On the whole, all kinds of policies are in the direction of reducing the cost of housing and encouraging the positive release of housing demand."
In addition, the Legislative Plan of the Standing Committee of the 14th National People's Congress was recently published, but the real estate tax legislation was not included in it. The industry believes that the fundamental reason for the delay of real estate tax legislation is that it has not ushered in a good time. At present, the sales of the real estate market are mainly in the following lines, and the implementation of the real estate tax will increase the holding cost of buyers and reduce the activity of market transactions.
At the same time, in August this year, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Housing and Urban-Rural Development jointly issued the Announcement on the continuation of the implementation of the Individual Income Tax Policy to support residents to purchase housing. The announcement pointed out that from January 1, 2024 to December 31, 2025, taxpayers who sell their own homes and re-buy their homes in the market within one year after the sale of their current homes will be given tax rebates on the personal income tax they have paid for the sale of their current homes.
Second-hand housing transactions pick up
In Yan Yuejin's view, second-hand housing is a highly market-oriented transaction, and the price fluctuates around the value of the house, which is a true reflection of the market supply and demand. "At present, the Beijing market is a balanced market where buyers and sellers are more equal, and it is difficult for sellers to transfer intermediary fees to buyers." After the price game between supply and demand, the price will return to the accepted value level of supply and demand." Yan Yuejin told China Times reporter.
On September 1, Beijing announced the implementation of the policy of "recognizing housing and not recognizing loans" for the first home loan, which caused a wave of rebound in the market. The industry believes that "recognizing housing does not recognize loans" can effectively stimulate improved demand to enter the market and pull down the threshold of "getting on the car" for buyers. At the same time, "China Times" reporter noted that only a week after the implementation of the New Deal, owners who want to replace began to list housing, and the number of second-hand housing listings in Beijing exceeded 155,000.
As a result, the competitive pressure of second-hand housing sales in Beijing has also begun to increase. However, benefiting from the strength of the policy, the turnover of new houses and second-hand houses in Beijing has risen. According to data released by Zhuge Housing Data Research Center, from September 18 to September 24, 2473 new homes were sold in Beijing, up 134.63% from the previous month and 41.07% from the same period last year. There were 3,713 second-hand houses sold, up 6.39% month-on-month and 6.27% year-on-year.
Zhuge housing data research center said that Beijing "recognize the housing does not recognize the loan" landing has been close to the full moon, the market has shown positive changes, the scale of new home transactions for 3 consecutive weeks up, the scale of second-hand housing transactions for 7 consecutive weeks up, and the scale of second-hand housing transactions reached a historical high level, basically restored to around May this year.