What happens when structure meets design?
In the eyes of the industry, the new policy makes it clear that transactions completed through intermediaries must transfer transaction funds in the supervised accounts of the real estate management departments in various districts, preventing intermediaries from setting up capital pools. Capital supervision is conducive to transaction safety and guarantees the safety of funds for both parties of second-hand housing transactions, which is the future development trend. In the face of increasingly tighter regulatory policies, intermediaries have begun to regulate their own behavior to avoid "stepping on thunder". During the visit, reporters also found that intermediary brokers were relatively cautious in answering questions and showing them. Some brokers told reporters that many stores had cleared a number of problematic housing listings before, and the working procedures for brokers were stricter. Some industry insiders said that capital supervision has long existed in large intermediaries. However, sometimes in order to "accommodate" the requirements of customers, they do not pay much attention to these issues, laying a hidden danger for later transactions. Now that there are express regulations, major intermediaries will of course put compliance first on the cusp of the trend.
