Can "trade in old for new"Buying a house in Zibo

Release time:Apr 16, 2024 17:41 PM

According to the WeChat official account of Shandong Zibo Daily, on September 6, the signing ceremony of "old for new" provincial real estate purchase enterprises jointly sponsored by Zibo Real Estate Development Association and Zibo Real Estate Brokerage and Evaluation Association was held, and the first batch of 12 real estate development enterprises and real estate brokerage agencies in the city signed cooperation agreements.

Image from Zibo Daily

"Exchange old for new" refers to the exchange of old houses for new houses. Through the cooperation of real estate development enterprises and real estate brokerage institutions, it accelerates the sales and transactions of existing housing, prioritizes the provision of high-quality housing, meets the replacement needs of homebuyers, and promotes the orderly development of the real estate market.

According to reports, this is an innovation in the real estate industry services throughout the city, which will effectively promote the improvement of replacement housing. The basic process of "exchanging old for new" is: real estate brokerage firms communicate with potential clients about replacement needs and sign real estate brokerage service contracts; Intended clients choose new properties to cooperate with real estate brokerage firms and select new properties; Real estate development enterprises, real estate brokerage firms, and potential clients sign a tripartite agreement and pay a deposit of interest for the new housing project; Real estate brokerage agencies conduct verification, inspection, and actual survey of existing housing; Intended customers complete the procedures for purchasing a new house.

The "trade in old for new" worry free home purchase activity has received positive responses from real estate development enterprises and real estate brokerage institutions in Zibo City. At the event, the relevant person in charge stated that they will actively respond to industry initiatives, study and develop reasonable housing replacement plans according to different customer needs, and do a good job in the entire process of housing replacement.

"Based on understanding the current pain points of homebuyers' needs and starting from their real needs, this truly beneficial measure of 'exchanging old houses for new houses' will help more homebuyers pursue a better life." The person in charge of the relevant enterprise stated that next, we will increase the display flow of housing, expand customer attention, and provide more options for new housing projects to ensure the safety of signing contracts and provide customers with a bottom line service.

On August 28th this year, the Zibo Real Estate Development Association and the Zibo Real Estate Brokerage and Evaluation Association issued a "trade in old for new" worry free home purchase proposal.

The proposal states that anyone who has the willingness to sell their own stock housing and purchase new houses in the urban area can enjoy the "trade in old for new" worry free purchase service, prioritize locking in new housing sources, and simultaneously sell their own stock housing to improve replacement efficiency and mitigate replacement risks.

The "trade in" hassle free shopping activity is based on integrity, adhering to the principles of fairness and justice, and advocating for one-stop services. Provided by real estate brokerage firms with the service of selling good properties first, focusing on promotion and accelerating sales both online and offline; Real estate development enterprises provide high-quality housing lock in services to meet replacement needs.

Fully implement the "house inspection before collection" system, improve delivery quality, and safeguard the legitimate rights and interests of homebuyers

In August of this year, Zibo City also issued several regulations on improving the quality of newly-built commercial housing in Zibo City, promoting the construction of high-quality housing.

On August 29th, the Zibo Municipal Government Information Office held a press conference to introduce that Zibo City has issued quality improvement guidelines from four aspects: residential planning and design quality, residential building design quality, residential municipal sanitation and landscaping design quality, and residential construction quality quality, further promoting the construction of high-quality residential buildings.

It is reported that Zibo City has taken the lead in promoting the construction standards of urban forest garden residential buildings in Shandong Province, injecting emerging green ecological concepts into urban residential construction practices, becoming the biggest highlight of the Regulations. The Regulations further clarify the primary responsibility of construction units for engineering quality; Fully implement the "house inspection before collection" system, improve delivery quality, and safeguard the legitimate rights and interests of homebuyers.

The relevant person in charge of the Housing and Urban Rural Development Bureau of Zibo City introduced that the "Regulations" are directional documents guiding the current and future construction of residential projects in Zibo City, improving project quality, and guiding development enterprises to strengthen their awareness of building high-quality residential products, so that the general public can not only "have housing" in Zibo, but also "live in good housing".

In April this year, the on-site meeting for high-quality residential construction in Shandong Province was held in Zibo City.Zibo City will continue to increase the supply of high-quality housing, improve public service facilities, build more livable, resilient, and intelligent good houses and communities, and strive to enhance the sense of gain, happiness, and security of the people.

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