Core Viewpoint - The article discusses the legal implications of "jumping orders" in real estate transactions, highlighting various court cases that define the conditions under which such actions are considered a breach of contract [2][4][6]. Group 1: Definition and Legal Cases - "Jumping orders" occurs when a client bypasses a real estate agent to finalize a deal directly with the property owner, often leading to disputes over commission fees [2][5]. - A case from Sichuan Province illustrates that even without a written contract, a relationship can be established through actions such as viewing properties and receiving information, leading to a ruling of "jumping orders" [2][6]. - The Beijing First Intermediate Court case emphasizes that three criteria must be met to determine "jumping orders": acceptance of intermediary services, utilization of transaction opportunities, and bypassing the intermediary to sign a contract [6][12]. Group 2: Court Rulings and Precedents - The Supreme Court's 2011 guiding case established that if a buyer obtains property information through legitimate means and completes a transaction without the intermediary, it does not constitute "jumping orders" [6][7]. - In a recent case, a company that used one intermediary but signed a lease with another was ruled not to have committed "jumping orders" due to the lack of exclusive service and the higher rent negotiated with the second intermediary [5][6]. - Another case in Guangzhou demonstrated that both parties involved in a transaction that occurred after the exclusivity period of a contract were found to have maliciously "jumped orders," resulting in a court ruling for the payment of commission fees [12][13]. Group 3: Implications for Real Estate Agents - Real estate agents are advised to document their services, including communication records and viewing confirmations, to establish their role in facilitating transactions and protect their commission rights [12][13]. - The article suggests that the determination of "jumping orders" hinges on whether the client accepted the intermediary's services, utilized the provided transaction opportunities, and subsequently bypassed the intermediary [12][13].

8月26日晚间，住房城乡建设部、中国人民银行印发《房地产从业机构反洗钱工作管理办法》 （以下简称《办法》），对房地产领域的反洗钱工作做出规定。 《办法》明确，房地产开发企业或者房地产中介机构（统称为房地产从业机构）不得向身份不 明的客户销售房屋或者提供经纪服务。客户拒不配合提供身份证明材料等信息的，可以拒绝向 其销售房屋或者提供经纪服务，并根据情况向中国反洗钱监测分析中心提交可疑交易报告。 房地产从业机构发现或者有合理理由怀疑客户拟进行的房屋交易与洗钱等犯罪活动相关的，应 当及时向中国反洗钱监测分析中心提交可疑交易报告。 《办法》还规定，房地产从业机构应当采取妥善措施，完整、准确地保存获取的客户身份 资料和交易记录，保存期不少于十年。 相比此前保存客户资料"不少于五年"的规定，延长了一倍。 这也是迄今为止，主管部门出台的对房地产反洗钱工作最细致的一份文件。 有分析人士指出， 近年来，房地产行业洗钱手段日益复杂多样，新问题不断涌现，现有法律 法规难以完全覆盖和有效应对。《办法》的推出，对于规范房地产交易、遏制洗钱及相关犯罪 有着积极意义。 反洗钱监管不断强化 《办法》的出台，是在我国反洗钱监管范围不断扩大、工作 ...

Core Viewpoint - The introduction of the "Management Measures for Anti-Money Laundering Work of Real Estate Practitioners" aims to strengthen anti-money laundering efforts in the real estate sector, addressing the increasing complexity of money laundering methods in recent years [1][2][3] Summary by Sections Regulatory Framework - The new measures require real estate developers and intermediaries to verify the identity of clients and refuse service to those who do not provide identification [1] - The retention period for client identity information has been extended from five years to ten years, reflecting a more stringent regulatory approach [2] Background and Context - The measures are part of a broader trend of expanding anti-money laundering regulations in China, with a significant increase in prosecutions for money laundering crimes, reaching 2,971 in 2023, nearly 20 times the number in 2019 [3][4] - The legal framework has evolved since the establishment of the Anti-Money Laundering Law in 2006, which initially focused on financial institutions [4][5] Money Laundering Characteristics in Real Estate - Real estate is identified as a significant avenue for money laundering due to its capital-intensive nature and large transaction sizes [8] - Common methods of laundering money through real estate include using "straw buyers," manipulating property prices, and creating shell companies to disguise illicit funds [9] Implications for the Industry - The new measures may impact the relationship between developers, intermediaries, and clients, especially in a buyer's market where competition for clients is high [10] - The detailed provisions of the measures enhance the operational framework for real estate practitioners, clarifying responsibilities among regulatory bodies, industry associations, and market participants [11] Future Developments - Local adaptations of the anti-money laundering measures are expected to be implemented, following the example set by Beijing's earlier regulations [12][13]

Core Viewpoint - Shanghai has implemented a series of adjustments to its real estate policies, aimed at optimizing housing purchase conditions and stimulating market demand [1][8]. Group 1: Policy Adjustments - The new policies include lifting housing purchase limits for eligible buyers outside the outer ring and including single individuals in family standards for purchasing [3][11]. - The public housing fund loan limit has been increased, allowing for the use of public funds for down payments, and commercial loan rates will no longer differentiate between first and second homes [4][16]. - Non-local first-time homebuyers are exempt from property tax, while second homes are taxed after a per capita exemption of 60 square meters, and the individual income tax on second-hand homes is standardized at 1% [6][10]. Group 2: Market Response - Following the implementation of the new policies, there has been a significant increase in viewing and consultation volumes, reportedly tripling in some real estate agencies [10][11]. - The demand for properties outside the outer ring has surged, attracting many non-local residents to view homes [11][14]. - Analysts suggest that the new policies will lower mortgage costs for families purchasing second homes or upgrading their housing [13][19]. Group 3: Public Sentiment - The announcement of the new policies has sparked considerable online discussion, with many expressing optimism about the potential to meet reasonable housing demand, while others remain cautious about future price trends and loan details [13][16]. - Concerns have been raised regarding the potential for increased purchasing power in outer ring areas, which may lead to longer commutes for residents [14].

"各位粉丝，上海楼市出了新政策，外环外上海户籍不限套数，外地户籍社保缴满一年，外环外也不限 套数，你们说现在买房合不合适？"……上海楼市、住房公积金、个人住房商贷利率方面8月25日相继发 布利好消息，一些闻风而动的房产中介们忙碌了起来，他们在直播间、视频号上边谈着新政策，边卖力 吆喝着手头外环外的"优质房源""捡漏好盘"。 此次"沪六条"是上海今年首次对房地产市场政策进行优化调整，亮点颇多：符合条件的家庭，外环外购 房不限套数；成年单身按照居民家庭执行住房限购政策；公积金账户可支付首付款；商贷利率不再区分 首套和二套。 01 外环外楼市热度提升 新政出台后不久，中原地产森兰高行营业董事宋沪雄第一时间把消息贴在了自己打理的视频号上。"周 一开会多，所以视频号上就简单贴了一个写着政策的图片，没想到播放量一小时不到就好几百，粉丝也 楼市新政出台后，市场反响如何？新民晚报记者从沪上多家房产中介获悉，新政出台当日，房东、购房 者的咨询来电猛增，预约周末看房者的数量也比上周有所上升。此外，一些新盘顺势推出"今夜不打 烊"的广告，加大营销和推广力度。 增加了很多。" "蹭"了一波热度后，他赶紧又将好消息发到了房东、客户的群 ...

Core Insights - Beike (02423.HK) reported positive growth in total transaction volume and net income in its semi-annual report, driven by the expansion of its store network [1] - The company aims to enhance efficiency while maintaining stable growth, with a significant increase in its share buyback program from $3 billion to $5 billion, extended until August 31, 2028 [1] Group 1: Financial Performance - In the first half of 2025, Beike achieved a total transaction volume of 1.7224 trillion yuan, a year-on-year increase of 17.3% [1] - The net income for the same period was 49.3 billion yuan, reflecting a year-on-year growth of 24.1% [1] - Net profit was reported at 2.162 billion yuan, slightly down from 2.333 billion yuan in the previous year [1] Group 2: Market Dynamics - The Chinese real estate market has maintained stable housing transaction volumes, although the second quarter saw a market adjustment [1] - Beike's active store count reached 58,664, a year-on-year increase of over 32%, with active agents numbering 491,573, up over 19% [1] Group 3: Strategic Focus - Beike's CEO emphasized the need to adapt to changing consumer demands and the importance of efficiency-driven development, leveraging AI technology for productivity improvements [2] - The company is exploring various initiatives to enhance operational efficiency, including AI integration in home rental services and refining its C2M capabilities through the Beihome business segment [2] - Beike reiterated its commitment to not becoming a developer, focusing instead on a light commercial model, with limited self-operated projects [3]

广告 最近，楼市的中介圈似乎有些不太"太平"，7月底，贝壳开始普及买方0中介费、卖方承担3%中介费政策，在北京、上海、广州等地开始试运行，目前成 都部分区域也已经执行，虽说该政策针对的是急售房源的业主并且非强制普及，但是也引起了"轩然大波"，不少房主表示，这操作简直是拿房主当日本人 整了，本来房子就难卖，这么一弄，成本又上来了。 到了沈阳，中介行业同样正在经历一场变革。7月初，相信大家的朋友圈一定被一条消息刷屏了，贝壳系将中介费调整为卖方2%、买方1%，总佣金率升 至3%。 A+/LINKAPP-我的客服-举报-业务违规 A+/LINKAPP-有迹可循-贝壳110-举报-业务 违规 而近日，沈阳贝壳秋雷行动正式开启，针对新房返佣、新房飞单等问题进行严格整治，沈阳新房、二手房中介市场，都迎来了重大变革。 EKEE 为净化新房生态环境，提升经纪人作业 安全感,向新房违规行为SAY NO!城市 特开展新房违规治理行动 -- 秋雷行动! 治理内容: 1新房返佣 2新房飞单 举报激励: 新房返佣: 实名举报目举报成功，奖励1000贝 壳币 新房飞单:实名举报目举报成功,奖励2000贝 壳币 举报渠道: 成本、矛盾双双转 ...

若与二手住宅(包括二手私人住宅及二手公营房屋)本月至今录3,042宗注册，较上月同期的3,468宗减少 约12.3%相比，逾1,000万港元二手住宅注册量环比同期表现胜大市；而逾1,000万港元二手住宅注册量 占整体二手住宅注册量比率本月至今录约11.8%，较7月约11.5%增加约0.3个百分点。 若以三区划分本月至今逾1,000万港元二手住宅注册量环比同期表现，当中新界区录118宗注册，较上月 同期的133宗减少约11.3%；九龙区录102宗注册，较上月同期的141宗减少约27.7%；相反，港岛区录 138宗注册，较上月同期的121宗增加约14%。 （原标题：香港置业：料8月香港逾1000万港元二手住宅录约440宗注册） 智通财经APP获悉，香港置业研究部董事王品弟表示，据土地注册处资料显示，香港逾1,000万港元二 手住宅8月至今(截至25日)录358宗注册，较上月同期的395宗减少约9.4%；若以目前注册进度推算，料8 月全月录约440宗，虽然宗数环比有所回落，但仍较今年首7个月平均每月约415宗高出约6%。 ...

Core Points - The Ministry of Housing and Urban-Rural Development and the People's Bank of China issued the "Management Measures for Anti-Money Laundering Work of Real Estate Practitioners" to prevent money laundering and terrorist financing activities [1][2] - Real estate practitioners are prohibited from selling properties or providing brokerage services to clients with unidentified identities [1][7] - The measures will take effect on September 1, 2025, and previous inconsistent regulations will be superseded by these new measures [1][14] Group 1: General Provisions - The purpose of the measures is to strengthen and standardize anti-money laundering work in the real estate sector based on relevant laws [2] - Real estate practitioners must fulfill anti-money laundering obligations as per the new regulations [2][3] - The Ministry of Housing and Urban-Rural Development will supervise and manage the anti-money laundering work in the real estate industry [2][3] Group 2: Anti-Money Laundering Obligations - Real estate practitioners must take preventive measures against money laundering and establish internal control systems [5][6] - They are required to verify the identity of clients and retain identification documents before engaging in property transactions [6][7] - Practitioners must report suspicious transactions to the Anti-Money Laundering Monitoring and Analysis Center of China [1][7] Group 3: Supervision and Management - The housing and urban-rural development authorities will conduct supervision and inspections of real estate practitioners' compliance with anti-money laundering obligations [9][10] - Industry self-regulatory organizations will also play a role in managing compliance and conducting training [10][11] - Different supervisory measures will be applied based on the risk levels of real estate practitioners [12][20] Group 4: Legal Responsibilities - Violations of the measures will result in penalties from local real estate authorities [12][13] - Self-regulatory organizations can impose disciplinary actions on practitioners who violate anti-money laundering norms [13]

Core Viewpoint - The article discusses the implementation of the "Management Measures for Anti-Money Laundering Work of Real Estate Practitioners," which aims to prevent money laundering and terrorist financing activities within the real estate sector, emphasizing the responsibilities of real estate institutions in identifying and reporting suspicious transactions [1][5][24]. Group 1: General Principles - The measures are established to prevent money laundering and terrorist financing activities, based on relevant laws such as the Anti-Money Laundering Law and the Anti-Terrorism Law [5]. - Real estate institutions must fulfill anti-money laundering obligations as per the new regulations [5][6]. Group 2: Anti-Money Laundering Obligations - Real estate institutions are required to take preventive measures against money laundering, including establishing internal control systems and identifying potential risks [10]. - Institutions must verify the identity of clients and retain identification documents for at least ten years [12][13]. - If a client refuses to provide identification, institutions can refuse service and report suspicious transactions to the relevant authorities [12][13]. Group 3: Supervision and Management - The Ministry of Housing and Urban-Rural Development, along with the People's Bank of China, will oversee the implementation of these anti-money laundering measures across the real estate sector [6][17]. - Industry self-regulatory organizations will also play a role in managing compliance and conducting training for real estate practitioners [18][19]. Group 4: Legal Responsibilities - Violations of the anti-money laundering regulations can lead to penalties imposed by local government authorities [21]. - Self-regulatory organizations can impose disciplinary actions on institutions and individuals that fail to comply with the established norms [22].