Economics
- ISSN: 2155-7950
- Journal of Business and Economics
Real Estate Brokerage System Comparative Study of
China and the United States
Qi Guo1, Zongkui Guo2
(1. University of Wisconsin, Madison 53715, USA; 2. Nanjing Industrial University, China)
Abstract: Both China and the U.S. focus on real estate brokerage system. This paper compares the real estate brokerage system of China and the U.S. in five aspects, including the requirements on real estate agents, the registration of exams, management systems, regulation and the mode on real estate brokerage operations, analyzing the characteristics and problems of both Chinese and American real estate brokerage systems.
Key words: comparison; development; real estate brokerage
JEL code: R00