Comments on: Century21 China Real Estate Gains Investment http://www.chinaretailnews.com/2008/03/17/1081-century21-china-real-estate-gains-investment/ Business Intelligence on Retailing, Franchising, and Consumerism in China Fri, 03 Feb 2012 04:53:16 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: realestate developer http://www.chinaretailnews.com/2008/03/17/1081-century21-china-real-estate-gains-investment/comment-page-1/#comment-15897 realestate developer Tue, 31 Aug 2010 08:50:01 +0000 http://www.chinaretailnews.com/2008/03/17/1081-century21-china-real-estate-gains-investment/#comment-15897 This particular website discussed about China Real Estate f 21st century which has proven to be leader in the field of developing residential housing market etc. Moreover those who are seeking for information about real estate agents or dealers or wants to consult them for finding affordable properties they can go through this site or can contact at 0120-4338222 or 800-232-2343. This particular website discussed about China Real Estate f 21st century which has proven to be leader in the field of developing residential housing market etc. Moreover those who are seeking for information about real estate agents or dealers or wants to consult them for finding affordable properties they can go through this site or can contact at 0120-4338222 or 800-232-2343.

]]> By: Vincent911 http://www.chinaretailnews.com/2008/03/17/1081-century21-china-real-estate-gains-investment/comment-page-1/#comment-15618 Vincent911 Sat, 16 Jan 2010 09:28:34 +0000 http://www.chinaretailnews.com/2008/03/17/1081-century21-china-real-estate-gains-investment/#comment-15618 Do **NOT** buy CENTURY-21 Real Estate China stocks. I have asked a few mom & pop Real Estate Agents in China whether CENTURY-21 Real Estate China is their competitor they just laugh. Remember that real estate agency in China is not a straightforward business as in the West. To complete a transaction, real estate buyer or seller are expected to spent at least 40 hours running back and fort, in congested traffic, between various government offices and banks. My experience tell me that these mom & pop brokers : 1) are extremely good at pushing paper works at government offices and banks. 2) have good connection with workers at various government offices and bank managers. I have saved over $10000 USD in tax in a transaction last week thanks to a tip from a "friend" of my broker in a government agency. I also save quite a lot on the mortgage at the bank where my broker has old "friend" as manager. 3) are willing to cut commission more than half. 4) have many other tricks in their hats that can help when "things" do not go smoothly as expected. Most Chinese know, as I do, that mom & pop brokers are better than the chain stores like Century 21. If CENTURY-21 Real Estate China looks as good as their numbers showed they should issue their IPO in Shanghai or Shenzhen where it is sure to get higher valuation. Its shares are listed in the USA because most investors in the USA do not know how really good or bad CENTURY-21 Real Estate China is. Good luck USA investors! Do **NOT** buy CENTURY-21 Real Estate China stocks.

I have asked a few mom & pop Real Estate Agents in China
whether CENTURY-21 Real Estate China is their competitor they just laugh.

Remember that real estate agency in China is not a straightforward business as in the West.

To complete a transaction, real estate buyer or seller are expected to spent at least 40 hours running back and fort, in congested traffic, between various government offices and banks.

My experience tell me that these mom & pop brokers :
1) are extremely good at pushing paper works at government offices and banks.
2) have good connection with workers at various government offices and bank managers.
I have saved over $10000 USD in tax in a transaction last week thanks to a tip from a "friend" of my broker in a government agency.
I also save quite a lot on the mortgage at the bank where my broker has old "friend" as manager.
3) are willing to cut commission more than half.
4) have many other tricks in their hats that can help when "things" do not go smoothly as expected.

Most Chinese know, as I do, that mom & pop brokers are
better than the chain stores like Century 21.

If CENTURY-21 Real Estate China looks as good as their numbers showed they should issue their IPO in Shanghai or Shenzhen where it is sure to get higher valuation.
Its shares are listed in the USA because most investors in the USA do not know how really good or bad CENTURY-21 Real Estate China is.

Good luck USA investors!

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