When an agent collects the payment for a second-hand home, it must go through the dedicated transaction-funds deposit account the agent opened at a bank
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In plain words
The price of a home runs from hundreds of thousands to millions of yuan, the largest single payment in this book. When an agent collects the payment, the rules require it to go through the dedicated account the agent opened at a bank, not a WeChat transfer to the broker personally. Also, when two agencies work one deal together, only one commission can be charged, and arranging a loan or handling the title transfer requires a separate contract with the fees stated beforehand.
Mentioned in
Translated from the Chinese original. Original book, section 15, tip 7. Content may be out of date and rules differ by place. When you actually deal with an agency, a doctor or a court, follow what local officials, doctors and lawyers tell you. Disclaimer