conducting real estate business with china
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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. - PowerPoint PPT PresentationTRANSCRIPT
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 km2
Population: ca. 1,400,000,000
Guangzhou
Why Do the Chinese Buy Properties in the US
Do You Know the Yield Rate of Residential
Property in Guangzhou?
• A. 3%• B. 9%• C. 15%
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%
Real Story of Myself
• Condo in campus of the university• 101m2, Price=3,000,000+ RMB,
Rent=5000RMB/month
• r<2%
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• ……
Where do the China buyers want to go?
Uni ted States,26%
Canada, 19%Austral i a, 17%
New Zeal and,15%
Europe, 13%
Si ngapore, 7%
Others, 4%
What kind of properties?
Commerci al, 2. 17%
Si ngl eHouse,32. 61%
Condo,41. 30%
Farm,15. 22%
Land,8. 70%
Who Are We?
• China Institute of Real Estate Appraisers and Agents
• = AI + NAR
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
China Real Estate Brokerage
• More than 1 million practitioners in real estate brokerage industry
• 44013 qualified agents• 50000+ real estate agencies
• Rent commission: rent of half a
month or one month
• Sale commission: 0.5-2.5%
• Commission for exclusive sale: 3%
Brokerage Commission
We are willing to collaborate with you
Contact me, contact CIREAContact Chinese RE Agents
President, Guangzhou Association of Real Estate Agents
Professor & DirectorInstitute of Real Estate Studies
Lingnan College, Sun Yat-Sen University
Thank you!