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Have you used a good real estate agent lately?

Specific discussions on relocating and moving to Shanghai. Please stay on topic!

Have you used a good real estate agent lately?

Postby Lordlunchalot » Tue Feb 12, 2008 2:53 pm

Having lived here for two years I know I want to live downtown, Jing'an, Luwan, Xu hui etc.
Would rather not share if I can avoid it but am on limited budget 3000 - 5000 per month, can stretch it but lower end would be better. Not exactly the range where the real estate agent will make big bucks of the lao wai.
I've been checking the online ads on this and other sites and I'm sure the prices are a bit inflated for expats.
If you have any experience recently of an agent that speaks english that you were happy with the recommendation would be appreciated.
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Postby peekenjoo » Tue Feb 12, 2008 3:45 pm

we worked with Jenny Zhang from Elite8. She was great.
jenny@elite8china.com
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Postby Loganth » Wed Feb 13, 2008 10:54 am

Try agents from CBRE ie, Richard Ellis. they all seem professional.
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Postby indyshiu » Wed Feb 13, 2008 1:06 pm

For our last two apartments, we've just gone into the local real estate offices in the specific areas we wanted to live in. My husband and I speak very limited Mandarin but knew exactly what our requirements were and how to communicate them. Each time took several hours going from office to office, but in the end, we found great deals that I don't think were inflated for a laowai (and even if they were, marginally).

Granted, I know folks on this board have had horrible experiences with doing so. But, I still think its a good way to go.

Anyway, that was the long answer to your question. My short one is, if you're interested in living in Xuhui near Anfu/Fuxing/Wulumuqi/Huashan Lu, try the agent who helped us and subsequently another friend of ours:

Andy
Andihouse Realty
Anfu Lu between Wulumuqi and Wukang Lu (next door to Amokka restaurant)
andywyh@21cn.com
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Postby Chinesegirl_Wang » Wed Feb 13, 2008 4:02 pm

Where do you want to stay?3000-5000RMB is not a lot!I know a service apartment in Jing An area,cost 3500 RMB for a 40 m2 studio apartment. Would you be interested in?
If you do not want to be classified as a rich 'lao wai' by the agent.Just tell them'Please be honest,I really do not have much to spend on the rent!'
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Postby januza » Sat Feb 16, 2008 4:32 pm

I have a friend whos an agent.. PM me if you need help
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Postby mswp » Mon Feb 18, 2008 6:18 pm

You'd be nuts to pay 3500 for 40m2 anywhere -- just take some time to look. Lowball your budget because the agents will upsell you. It only takes 3 seconds outside a real estate office for someone to come out. I've heard of people seeing 20-30-even 40 places before choosing.

Taking a local Chinese person can help. If they are familiar enough with western cultures to know the kind of standards you have, they'll weed out a lot of dumps before you see them.

And always, always counteroffer. No matter how much you love the place. There are places in my building being offered for 4000rmb more than I'm paying. Sadly, someone may be uninformed enough to pay the asking price. Renting to westerners is desirable. There's less wear and tear (fewer people living in an apt), we tend to do less Chinese cooking which means it's cleaner (no greasy smoke sticking to everything). And we're not going to quibble over 100rmb here or there. If the landlord doesn't see the benefit of having a foreign tenant, then find another landlord.

And be picky - 1) check the condition of the washer 2) make sure all the rooms have air conditioners 3) open the air conditioners and look at the filters, if they are really grungy, odds are no maintenance has been done and you'll end up dealing with repairs 4) check the water pressure, including flush the toilets 5) the gas hot water heater should have a little inspection sticker on it, check the date and turn the flame up/down to see if all the knobs are working properly 6) insist on a microwave 7) make sure the building maintenance fee is the landlord's responsibility... there's more, maybe someone else can add to the list.

I don't know if this is accurate, but from reading this site, I get the impression that on higher priced properties, only the landlord pays commission, but in your price range, you pay commission too, so the real estate agent is okay -- 35% of 3,000 is not a bad wage in local terms. There are plenty of people who will be willing to work with you.

Most importantly, don't count on an English speaking agent -- take your own translator and deal with Chinese speaking ones. And if you don't like the agent, move two doors down, and talk to the agent in that office.
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Postby Andreas » Wed Mar 12, 2008 10:36 pm

Good real estate agents here are about as easy to find as lips on a hen.
‘How inappropriate to call this planet Earth when it is quite clearly Ocean.’
- Sir Arthur C. Clarke
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Postby GC » Thu Mar 13, 2008 7:48 am

Chinesegirl_Wang wrote:If you do not want to be classified as a rich 'lao wai' by the agent.Just tell them'Please be honest,I really do not have much to spend on the rent!'


that'll work!
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