The rise of New Brokerages and the Restructuring of Real Estate Value Chain

"This book elaborates on the six pillars of a healthy and standardized real-estate brokerage industry: the generation, distribution and matching of information; the transaction system; circulation finance; mobile Internet; the supervision system; and professional brokers. With each of these pil...

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Main Author: Ba, Shusong,
Other Authors: Yang, Xianling,, SpringerLink (Online service)
Format: eBook
Language: English
Chinese
Published: Singapore : Springer, [2018]
Physical Description: 1 online resource.
Subjects:
Summary: "This book elaborates on the six pillars of a healthy and standardized real-estate brokerage industry: the generation, distribution and matching of information; the transaction system; circulation finance; mobile Internet; the supervision system; and professional brokers. With each of these pillars playing a role, they also mutually interact to constitute an integrated framework that regulates the brokerage industry. Presenting practicable, extensive and cutting-edge research that encompasses various areas of the industry and detailed case studies from around the globe, the book provides a number of suggestions that have already been adopted and have begun to take effect. It also explores the frontiers of the real-estate brokerage industry - the incorporation of the internet, the blurred boundary between online and offline service where brokerages are moving online, client acquisition is via the internet, and benchmark companies are focusing more on their trading service capacity, each building their own controllable trading environment."--
Item Description: "This book elaborates on the six pillars of a healthy and standardized real-estate brokerage industry: the generation, distribution and matching of information; the transaction system; circulation finance; mobile Internet; the supervision system; and professional brokers. With each of these pillars playing a role, they also mutually interact to constitute an integrated framework that regulates the brokerage industry. Presenting practicable, extensive and cutting-edge research that encompasses various areas of the industry and detailed case studies from around the globe, the book provides a number of suggestions that have already been adopted and have begun to take effect. It also explores the frontiers of the real-estate brokerage industry - the incorporation of the internet, the blurred boundary between online and offline service where brokerages are moving online, client acquisition is via the internet, and benchmark companies are focusing more on their trading service capacity, each building their own controllable trading environment."-- Provided by publisher.
Intro; Preface: The Redefinition of Intermediaries; Acknowledgements; Contents; 1 The Six Pillars; 1 Indicators of the Present Situation and Existing Problems of Chinese Real Estate Brokerage Industry; 1.1 Circulation Rate; 1.2 Brokerage Penetration Rate; 1.3 Commission Rate; 1.4 Commission Splits; 2 The Changes that Re-defined the Brokerage Industry; 2.1 A Housing Environment Centring on Brokerage Starts to Show Itself; 2.2 People from Different Walks of Life are Participating; 2.3 The Transactional and Financial Attributes of Real Estate are Merging.
2.4 Brokerage Now Plays an Important Role in the Macro-economic Regulation and the Control on Real Estate3 The Six Pillars; 2 The Generation, Distribution and Matching of Information; 1 The Connotation and Determinants of the Information in Existing Home Transactions; 1.1 The Definition and Connotation of Information; 1.1.1 The Information of Listing; 1.1.2 The Information of Physical Condition; 1.1.3 The Information of Ownership; 1.1.4 The Information of Matchmaking; 1.2 Factors that Influence the Quality of Housing Resource Information.
2 International Experiences in the Generation, Distribution and Matching of Information2.1 The Generation of Housing Resource Information; 2.1.1 The Listing of Housing Resources shall be Legal and in Writing; 2.1.2 The Exclusive Right-to-Sell Listing is Dominating the Market; 2.2 The Distribution of Housing Resource Information; 2.2.1 Traditional Information-Sharing Platforms; 2.2.2 The Distribution System of Housing Resource Information in an Era of Internet; 2.3 The Matching of Housing Resource Information; 2.4 The Verification and Assurance of Housing Resource Information.
3 The Present Situation and Its Causes of the Generation, Distribution and Matching of Information in China4 Summary and Suggestions; 4.1 Regulate Home Entrusting Systems, Provide Property Information Inquiry Services; 4.1.1 Compulsively and Comprehensively Implement a System of Written Housing Resource Entrustment; 4.1.2 Comprehensively Implement the Property Condition Disclosure Statement; 4.1.3 Establish Online Platforms for Property Title Inquiry Services, Provide Housing Information Inquiry Services to Registered Real Estate Institutions and Certificated Brokers.
4.2 Integrate the Housing Resource Information Supervision System and Standardize the Information Release Mechanism4.2.1 Establish a Information Supervision System that Covers Multiple Participants; 4.2.2 Implement a Real-Name Housing Resource Information Release System; 4.2.3 Establish a Deposit Mechanism for Authentic Housing Information; 4.2.4 Set up a Blacklist System for the Release of False Housing Information; 4.3 Optimize the Information Disclosure System and Establish a Generic Information Assessment System of Housing Resource Information.
Physical Description: 1 online resource.
ISBN: 9789811077159
9811077150
9789811077166
9811077169
9789811339837
981133983X