A potential home buyer reads real estate advertisements on the window of a property agent in Shenzhen in this file photo. China issued new regulations to regulate real estate brokerage practices, a statement said Tuesday. The statement, released jointly by the Ministry of Housing and Urban-Rural Development, the National Development and Reform Commission, and the Ministry of Human Resources and Social Security, said the regulations would be put into effect April 1.
The regulations provide detailed guidance regarding the operations of real estate agents, the realtors behavior, as well as list prohibitions when conducting business.Liu Minxia-Agencies
