Social News
Author: Zheng Qiuling
2020-10-03 13:48
Last update date: 2020-10-03 13:48
An investigation by a group found that landlords use street recruitment more often than real estate agencies to recruit tenants. The landlords who successfully contacted the landlords directly by telephone only charge a one-month deposit. Real estate agencies generally prefer "two clicks and one up".
However, more than half of the rental listings on the street were invalid and the information was incomplete. Some residents of Kwai Chung reported that they had exaggerated the content of sub-divided rents. Only when they met with the real estate agent did they know that they had to pay three months' rent and 1,000 yuan in water and electricity.
The group suggested that renting publicity should be supervised, including the need to clearly list the saleable area of the unit, the rent deposit fee, and the identity of the renter, such as the name of the real estate agent and the company to which it belongs, to strengthen the protection of the tenant's right to know.
A survey by the Kwai Chung Sub-divided Residents Alliance found that landlords often use "street tricks" to release sub-divided houses.
(Screenshot of Kwai Chung Residential Residents Alliance Facebook)
Rental street recruitment is still half effective
The Kwai Chung Residents Alliance announced today (3rd) that they collected 42 unduplicated street recruitments for rental units in Kwai Chung from August 10 to September 10. Among them, 10 street posters could not be contacted, and 11 of the units on street posters were actually rented out but still posted. In other words, only 50% of them were able to obtain valid rental information through street posters.
The group successfully contacted 32 renters, of which 21 were landlords and 11 were real estate agents. Only half of them were unwilling to respond to the deposit and the amount of the previous period on the phone and asked the tenant to meet in person for detailed discussion.
The results of the survey showed that 12 property owners only received a one-month deposit, while more than half of the 11 real estate agents received two-month deposits.
"Two clicks and one up" monthly rent of 3,000 to pay 9,000 in one lump sum
Mr. Kaifang Liang said that the content of the rent promotion is false, such as the saleable area of the unit is more than 10 square feet smaller than that described by the street. He also used the real estate agency to find a lease, but was required to pay three months' rent and prepayment when signing the contract 1,000 yuan for water and electricity costs.
Ms. Liu from the neighbourhood said that although the monthly rent for a sub-divided house is only 3,000 yuan, the intermediary has to pay 9,000 yuan in a lump sum. "You don’t have to pay two clicks and one click, and you don’t have a lease."
The group stated that at present, real estate agencies generally tend to charge "two-clicks and one up" to ensure the financial ability of tenants and protect the rights of listing owners. However, it is a heavy burden for grassroots families and has to deal with huge relocation fees and real estate. Intermediary commissions, etc., the cost of renting a house is higher than through direct contact with the landlord.
The group suggested that the government formulate guidelines to increase the transparency of leasing and supervision and publicity. The saleable area of the unit, the rent deposit fee, and the identity of the renter must be clearly listed. Long-term recommendations are to establish a statutory standard tenancy agreement to protect the tenancy relationship between the landlord and the tenant.
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Subdivided Housing Policy
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