The Perspectives of Real Estate Agent on Formation and Settlement of Real Estate Transaction Price

Autor: Jui-Chen Liu, 劉瑞楨
Rok vydání: 2012
Druh dokumentu: 學位論文 ; thesis
Popis: 100
The process of real estate transaction is not simply only sell /buy the lands or houses, instead it is a very complicated process as it involves laws, taxes, pricing strategy, negotiation skill, contracting and property settlement. To ensure the efficiency and rights protection of real estate transaction, the “Real Estate Broking Management Act” was formally announced on Feb. 3, 1999. This act is constituted so as to manage the real estate brokerage, to establish the order of the sale of property, to protect the interests of the clients, and to promote a sound development of the real estate market. The function of real estate broking agency act as go-between or representative in the sale, exchange, tenancy of property, and transaction preview by professional broking agency can mitigate the risk of transaction. In addition, they oblige for monitoring the process, ensuring the security of transaction, protest interests of consumers and provide their professions and sincere service. In the process of real estate transaction, sellers wish to maximize sell price within shortest time, so sellers need to source the price information for pricing. In the other hand, buyers will provide their price to broking agency for price negotiation with sellers and expect to trade a good buy in price. Broking agency has advantages of a team of professional broking agents, marketing channel and customer data. During the process of transaction, broking agency received both commission sales from sellers and on behalf of buyer to negotiate price with sellers. In comparison of buyers and sellers’ position, broking agency has relatively advantage position to know seller and buyer’s price strategy, status of real estate and aspirating degree of trade from sellers and buyers. The price of real estate will finally trade between buyer’s buy in price and seller’s sell price, it might be maximum price expected by sellers, or the lowest price that buyers expected, or price negotiated among, broking agency, buyers and sellers.
Databáze: Networked Digital Library of Theses & Dissertations