Tina Mak interview CB China after China stock market melt down Part 1
S: According to our report, Canada, especially Vancouver is the most popular place to invest due to its life style, environment, and its multi-culture background. Compare to before, with the low Canadian currency, the cost for buying homes in Canada has been reduced for Chinese buyers. It is the best timing to study abroad, travel and purchase property. I know that Vancouver property is now sought after by a lot of investors, the competition between home buyers are strong. Sometime even you have money, it is hard to find a place to buy.
Tina: It is still possible to buy, you might need to pay a bit more. But as long as you want to buy, I can always find you a place! Hahaha
S: The commission level between different city and country is different. It is related to the service provided. In China, most agent’s commission is 1%-2%. For E-commerce, it can go as low as 0.5%. How do they survive? Well, the quality of the service is lower for E-commerce compare to higher commission level. How do we win the oversea market? Despite the market low standard, we believe that in the long run, good service is what’s going to earn customer’s trust.