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Conducting Real Estate Business with China

Conducting Real Estate Business with China. LIAO Junping Vice President, CIREA. Nov. 10 2012 Orlando. China, compared with the USA. Facts of P.R.China---- Land area: ca. 9,600,000 km 2 Population: ca. 1,400,000,000. Guangzhou. Why Do the Chinese Buy Properties in the US.

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Conducting Real Estate Business with China

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  1. Conducting Real Estate Business with China LIAO Junping Vice President, CIREA Nov. 10 2012 Orlando

  2. China, compared with the USA

  3. Facts of P.R.China----Land area: ca. 9,600,000 km2Population: ca. 1,400,000,000 Guangzhou

  4. Why Do the Chinese Buy Properties in the US

  5. Do You Know the Yield Rate of Residential Property in Guangzhou? • A. 3% • B. 9% • C. 15%

  6. A Real Story of a Properties Buyer • 2005, Guangzhou, 6000RMB/m2 *80m2=480kRMB • 2010, Guangzhou, 15000RMB/m2 *80m2=1.2mRMB, Rent=2800RMB/month • Guangzhou, r=2.8% • 1.2mRMB/6.4=187.5kUSD • Atlanta, 2 houses,90k+140k，Rent=1000USD+1500USD • r=13.04%

  7. Real Story of Myself • Condo in campus of the university • 101m2, Price=3,000,000+ RMB, Rent=5000RMB/month • r<2%

  8. What the Chinese Buyers Concern about Buying Properties in the US • Free access of person and capital into the US • Closing procedure and fees differences between China and US • Managing after buying • Assistance by the bilingual realtors • ……

  9. Where do the China buyers want to go?

  10. What kind of properties?

  11. Who Are We? • China Institute of Real Estate Appraisers and Agents • = AI + NAR

  12. What Do We Do? • Delegated by the Ministry of Housing and Urban-Rural Construction ---- • To deliver the designation of Certified Real Estate Appraiser and Certified Real Estate Agent • To do registration of Appraisers and Agents, and to record their ethic credits

  13. China Real Estate Brokerage • More than 1 million practitioners in real estate brokerage industry • 44013 qualified agents • 50000+ real estate agencies

  14. Brokerage Commission • Rent commission: rent of half a month or one month • Sale commission: 0.5-2.5% • Commission for exclusive sale: 3%

  15. We are willing to collaborate with you

  16. Contact me, contact CIREAContact Chinese RE Agents liaojp@mail.sysu.edu.cn www.agents.org.cn www.gzrea.cn President, Guangzhou Association of Real Estate Agents Professor & DirectorInstitute of Real Estate StudiesLingnan College, Sun Yat-Sen University

  17. Thank you!

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