Apologies in advance for a dumb question, but I am new to HK and the property rental market.
If you contact a real eastate agent with respect to seeing a particular apartment or building, which leads to you signing a lease, what do the agents normally charge you as the tenant?
In other countries, the agent takes a cut of the rent from the landlord or owner. But I had an inkling that in HK the agent might charge the new tenant? Is this correct or I have gotten it wrong?
Any help appreciated - I'd like to know what I am getting into by speaking with a real estate agent before I jump into a lease.
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Commonly, both the owner and tenant pay 50% each of one month's rent. This might be negotiable.
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There are plenty of English-speaking agents in Hong Kong. They just aren't white. Personally, real estate is probably one of the last industries where you want an expat to represent you. You need a local or an "expat" who has been living here for a long time.
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I have come across a couple of British born real estate agents in Hong Kong. Sonia Cheng a Sallmans and a bloke at Iglu - not sure of his name. I think it was James.
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ldavy
17 yrs ago
There are a lot of us working as estate agents who are both English-speaking and white! In my company there's one from South Africa, one from Germany and two from the UK. I know of others from the UK, France, Holland, Australia, you name it!
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There are a lot of british/american/aussie agents in HK!! Probably more in commercial leasing rather than Residential...but there defintely are some!
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