A newsletter.

Editor’s note: This article is from WeChat public account “Hexun Real Estate” (ID: hexunhouse), author Xiaohe.

To regulate the order of the housing rental market and safeguard the legitimate rights and interests of the parties to the lease, on October 10, the Beijing Municipal Housing and Urban-Rural Construction Committee, together with the Municipal Market Supervision Administration, the Municipal Internet Information Office, the Municipal Communications Administration, and the Municipal Public Security Bureau On the basis of public consultation for comments from the 26th to the 2nd of July, the “Notice on Regulating the Internet to Release the Housing Leasing Information of the City” was officially issued.

The “Notice” clearly declares the real estate agency, housing leasing companies and employees of the housing leasing information to meet the relevant conditions; requires the Internet platform to review and manage the housing leasing information according to law, and display the credit information and contract demonstration of the issuing institution and enterprise. Contents such as texts; increase the penalties for illegally publishing listing information, and release the listing information for illegal and illegal activities and suspend the publishing authority for 1-3 months, and illegally publish the listing information more than 3 times, and may not pass the internet trading platform again. Publish information on housing rental housing in this city; establish a comprehensive management mechanism for Internet leasing information, and strengthen departmental linkage supervision.

The Notice is effective as of November 1, 2019.

In this regard, Lou Jianbo, director of the Peking University Real Estate Law Research Center and a professor at Peking University Law School, believes that practitioners can “enforce the card release” and strengthen the source code. He said that the “Notice” stipulates the real estate brokerage institutions, housing leasing enterprises and employees who publish housing rental information: requiring enterprises to register, record and operate normally according to law; information release personnel hold information cards for employees; The manual will keep relevant information for future reference. At the same time, the Internet platform is prohibited from being listed as an abnormal business directory or a list of serious illegal and untrustworthy enterprises. Those who fail to apply for information cards or use other people’s information cards in accordance with the regulations are restricted by enterprises and personnel who are released by the government in accordance with the law. Publish housing rental information.

Lian Jianbo also said that the platform fulfills the “audit obligation”, which can effectively prohibit illegal, false, duplicate and “zombie” listing information. “The “Notice” requires the platform to display the photo of the house in line with the actual; rent, commission and other clear price; the same property may not be repeatedly published by the same institution (including branches); the same listing is issued by a number of different institutions, and gradually merged and displayed In order to ensure the timeliness of the listing information, the information on the unmaintained listings that have been published for more than 30 days will not be displayed; the listing information that is prohibited by law or regulation from being rented may not be published.”

In the view of Yan Yuejin, research director of the think-tank center of Yiju Research Institute, this policy fully reflects the current thinking on the strict control of the intermediary Internet platform, especially the information release for the housing, which is given more strictLi policy, which reflects the purification direction of the housing market, helps to reduce false listings, but also facilitates fair transactions in real estate.

“Publishing fake listings, including false listings, will face greater control. This also makes some intermediaries mixed, and the phenomenon of inducing customer enquiries through counterfeit listings will be reduced. The openness and fairness of the market have positive effects.”

Yan Yuejin said that similar regulations also make the subsequent real housing market better established, which has a more positive significance for reducing information asymmetry and fair trade. Similar regulations also make subsequent intermediaries more standardized, which will help the health of the second-hand housing market.

The policy has been recognized by many real estate agencies. I love my family insiders and said that the policy is very good, which can promote the transparency of the property market and the popularity of real estate. “I love my official website has realized the timely and transparent information of the listings. In terms of docking the external rental platform, the technology has basically realized the technical access. That is to say, I love the listing information of my official website can be simultaneously displayed on other rental platforms. Comprehensively improve the listing information in a timely and transparent manner.”